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Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
by Pooja Choudhary0
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
BC Transit Introduces Modernized Fare Payment System in Victoria Using Cubic’s Umo Platform
Digital Payments News

BC Transit Introduces Modernized Fare Payment System in Victoria Using Cubic’s Umo Platform

Business Wire
by Business Wire0
Cubic Transportation Systems (CTS), a leading global provider of integrated transit solutions, is proud to announce the implementation of its Umo platform as BC Transit’s new automated fare collection system in the Victoria Regional Transit System. Riders will benefit from account-based ticketing and contactless payment options, ushering in a new era......
1st Commercial Credit Affiliates Secure $170 Million in Credit Protection with Allianz Trade
Finance Fintech News

1st Commercial Credit Affiliates Secure $170 Million in Credit Protection with Allianz Trade

PR Newswire
by PR Newswire0
1st Commercial Credit, LLC, a distinguished financial services provider, is pleased to report the successful procurement of $170 million in credit protection from Allianz Trade for its affiliated factoring companies, namely Capital Credit Incorporated, Commerce Commercial Credit, Inc, and Contract Credit, Inc. In the current economy, debtor behavior is volatile; even reliable payers......
HawkSoft and Lightspeed Voice Introduce Two-Way API Integration
InsurTech News

HawkSoft and Lightspeed Voice Introduce Two-Way API Integration

PR Newswire
by PR Newswire0
The VOIP platform is the first two-way API Partner in its vertical HawkSoft and Lightspeed Voice are announcing a new stage in their long history of collaboration – the introduction of two-way API integration between the agency management system and popular VOIP platform. Lightspeed Voice is the first VOIP platform......
B2B Banking Compliance management Digital Featured Fintech Primers Technology

Understanding The Role Of Decentralized KYC Solutions For Today’s Businesses

Pooja Choudhary
by Pooja Choudhary0
All banks rely heavily on the Know Your Customer (KYC) procedure to confirm the identification of their clients. KYC verification is essential to stop criminal elements from using banks for money laundering schemes like drug trafficking, terrorism, and other crimes. Currently, the widely used manual KYC method is out-of-date, time-consuming,......
Q2 Announces New Solutions to Deliver Actionable, Real-Time Security Insights to Financial Institutions
Banking Lending News

Q2 Announces New Solutions to Deliver Actionable, Real-Time Security Insights to Financial Institutions

Business Wire
by Business Wire0
Q2 Security Insights helps financial institutions to strengthen their security posture, providing a safer environment for customers Q2 Holdings, a leading provider of digital transformation solutions for banking and lending, announced the launch of its new suite of security offerings – Q2 Security Insights. Q2 Security Insights offers products that......
Banking Compliance management Consumer protection laws Digital Featured Fintech Primers

A Complete Overview Of Decentralized KYC Solutions

Pooja Choudhary
by Pooja Choudhary0
Social media and trade journals may seem to be awash in trends, but it takes time to sift through everything to find the ones that matter. This blog shall enlighten the KYC market, its data, and new tech of eKYC and digital solutions thereby in the decentralized market scenario. KYC......
B2B Banking Featured Fintech Primers Technology

Trust in Banking Explained With 10 Live Examples

Pooja Choudhary
by Pooja Choudhary0
This blog compiles what is trust in banking and how reliable is it for all of us as a layman. Are banks really necessary or we can manage without banks if trust is being betrayed? Let us have a brief look on the pillars of trust in the banking system......
Artificial Intelligence Cloud Featured Fintech Primers Recommended

Unleashing The Power: How Tech Giants Harness Generative AI Chatbots

Pooja Choudhary
by Pooja Choudhary0
Introduction In this blog, we have discussed the top 6 companies that use Gen AI chatbots. Come let’s take a tour of the top 6 giants. One subset of AI, known as generative AI, employs tools like NLP, neural networks, and deep learning to generate novel concepts and data. You......
Conduent to Offer US Federal Reserve’s FedNow Service for Instant Payments
Digital Payments News

Conduent to Offer US Federal Reserve’s FedNow Service for Instant Payments

GlobeNewswire
by GlobeNewswire0
As a technical integrator, Conduent is the first Business Process Solutions company to use the national network from the FedNow Service to connect companies and government agencies with their customers and constituents Conduent Incorporated, a global technology-led business solutions and services company, announced it is expanding its digital payment solutions......
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