Search Results for: AI-based

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Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Fintech Fintech Funding News

KOIOS Raises $5 Million in Seed Funding

GlobeNewswire
by GlobeNewswire0
Financial intelligence company uses AI to detect online stock manipulation and other threats KOIOS, a leader in financial intelligence solutions, announced the completion of its seed funding rounds. The company raised $5 million from family offices and private investors in a strong show of support for its AI-based product, which......
Lucinity and Resistant AI Partner to Deliver Advanced AI-Powered FinCrime Prevention Solutions
Artificial Intelligence Finance Fintech News

Lucinity and Resistant AI Partner to Deliver Advanced AI-Powered FinCrime Prevention Solutions

PR Newswire
by PR Newswire0
Lucinity, an AI-powered FinCrime investigation platform, and Resistant AI, specialists in fraud and money laundering detection, have partnered to enhance financial crime detection. In 2023, $3.1 trillion in illegal transactions occurred globally, including more than $800 billion tied to drug trafficking, $350 billion to human trafficking, and $500 billion lost to fraud. This collaboration addresses limitations in current technology, providing enhanced detection and......
Nasdaq Verafin Announces Targeted Typology Analytics — An Innovative Approach to Fighting Financial Crime
Artificial Intelligence Finance Fintech News Security

Nasdaq Verafin Announces Targeted Typology Analytics — An Innovative Approach to Fighting Financial Crime

Business Wire
by Business Wire0
Leading AI-Based Anti-Financial Crime Offering including Elder Financial Abuse and Human Trafficking Analytics Enhanced with New Detection Capabilities for Terrorist Financing and Drug Trafficking Activity Today, Nasdaq Verafin, leading provider of crime fighting technology, announces enhancements to its robust suite of artificial intelligence (AI) based Targeted Typology Analytics, with new......
WaveCX Brings AI-Driven Generative Search Capabilities to Community Financial Institutions Through New Curator Tool
Banking Fintech News

WaveCX Brings AI-Driven Generative Search Capabilities to Community Financial Institutions Through New Curator Tool

Business Wire
by Business Wire0
WaveCX, provider of personalized, digital product engagement solutions for financial institutions, announced the launch of Curator, an AI-driven generative search tool designed to bring clarity to complex banking documentation. Going beyond basic search functionality, Curator was created to meet the growing demand for a robust search solution capable of navigating......
Earnix and Hexaware Partner to Accelerate Insurance Pricing Transformation
Artificial Intelligence Fintech News

Earnix and Hexaware Partner to Accelerate Insurance Pricing Transformation

PR Newswire
by PR Newswire0
Hexaware, an IT services and solutions provider, today announced a partnership with Earnix, a global provider of AI-based SaaS pricing and rating solutions for financial services. The partnership aims to improve underwriting, efficiency, reduces losses, better comply with the regulations, and ensure competitive advantage through effective pricing strategies. Hexaware seeks......
Biptap is Set to Disrupt the Financial Industry After 2 Million Funding
Fintech Funding News

Biptap is Set to Disrupt the Financial Industry After 2 Million Funding

GlobeNewswire
by GlobeNewswire0
Biptap, one of the fastest-growing fintech companies, specializing in privacy-centric offshore banking solutions, announced it has raised $2 million in a pre-seed funding round. The round attracted prominent investors, including multiple web3 decentralized investment funds, a travel facilitator with a 2.5 million hotel network, an encryption tech firm formerly owning......
CPI Joins Forces with Rippleshot to Enhance Fraud Protection
Finance Fintech News Risk Management Security

CPI Joins Forces with Rippleshot to Enhance Fraud Protection

Business Wire
by Business Wire0
Rippleshot’s AI-based platform helps financial institutions proactively prevent payment card fraud CPI Card Group Inc. (Nasdaq: PMTS), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is excited to announce a strategic relationship with Rippleshot to provide its......
Artificial Intelligence Finance Fintech Guest Posts Robotic Process Automation

The Evolving Impact of AI On The FinTech Industry

Krystal Zhang
by Krystal Zhang0
AI innovations in FinTech are changing from a simplistic focus on automation to an analytical tool for processing complicated financial data. This indicates a paradigmatic shift from using AI for repetitional tasks toward curating sophisticated strategies and executing complex decision-making processes. A chronological trajectory of AI’s application in FinTech will......
Charlee.ai and Inspire Innovations Join Forces to Improve Carrier Processes
Analytics Artificial Intelligence News

Charlee.ai and Inspire Innovations Join Forces to Improve Carrier Processes

EIN Presswire
by EIN Presswire0
Charlee.ai, a leading provider of AI-based predictive analytics, is thrilled to announce its strategic partnership with Inspire Innovations, an emerging leader in AI-based automation solutions. This collaboration marks a significant milestone in enhancing the client experience through cutting-edge artificial intelligence and personalized engagement tools. With a shared commitment to innovation......
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