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The Influence of AI on International Trade Efficiency

Prajakta Ayade
Artificial Intelligence (AI) is revolutionizing various sectors, and international trade is no exception. Global trade’s complex and multifaceted nature presents numerous challenges, such as logistical inefficiencies, regulatory compliance, and risk management. AI’s ability to process vast amounts of data, recognize patterns and make predictions provides innovative solutions to these challenges,......
Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence
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Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence

Business Wire
Today, a breakthrough identity intelligence company—Fideo Intelligence™ (Fideo)—has launched to transform the fight against fraud. Inspired by the concept of “Fides Publica,” or public faith, Fideo is enabling intelligence-informed decisions for the public good. Fraud has been proliferating and costing businesses billions of dollars annually1. Identity verification and anti-fraud platforms......
CFOs Say They Want Operational Experience and Familiarity With New Tech When Identifying Successors; GenAI Tops List of Internal Concerns Deloitte CFO Signals™ Survey 2Q 2024
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CFOs Say They Want Operational Experience and Familiarity With New Tech When Identifying Successors; GenAI Tops List of Internal Concerns: Deloitte CFO Signals™ Survey 2Q 2024

PR Newswire
Just 26% of CFOs believe that now is a good time to take greater risks. CFOs consider neither debt nor equity financing attractive. CFOs’ optimism for their companies’ financial prospects came in at -0.5. Generative AI (GenAI) ranks as the top internal concern for CFOs, though talent and technology transformation......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
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Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
Certa Brings Generative AI-Powered Third Party Management to Enterprises
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Certa Brings Generative AI-Powered Third Party Management to Enterprises

Business Wire
Innovative Generative AI Capabilities and New ESG Modules Enable Businesses to Efficiently Navigate Evolving Regulations and Risks in Third Party Relationships Certa, the leading software platform for enterprises to manage risk, compliance, and ESG for their third parties like vendors, partners, and clients, today announced that its trailblazing generative AI......
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Impact of GDPR and CCPA on RegTech

Prajakta Ayade
Data privacy regulations have significantly impacted the way businesses operate globally. Two prominent regulations, the General Data Protection Regulation (GDPR) implemented in the European Union (EU) in 2018 and the California Consumer Privacy Act (CCPA) enacted in California, USA in 2018, have fundamentally changed how organizations handle personal data. These......
New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds
Artificial Intelligence Finance Fintech News

New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds

PR Newswire
A groundbreaking generative AI copilot plugin, launched by Lucinity at Money2020 Europe, delivers immediate ROI. The copilot plugin is system-agnostic, acting as one central copilot that can be used on top of all web-based enterprise applications, pulling data from any system including Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents.......
Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters
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Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters

PR Newswire
Company joins Lloyd’s Labs 12th cohort of the award-winning and globally renowned Lloyd’s Lab Accelerator program as Sixfold expands into EMEA; Through its purpose-built generative AI solution and partner integrations with EXL, Guidewire, and more, Sixfold boosts underwriting capacity by 10x Sixfold, the company empowering underwriters with a generative AI......
FIS Launches Climate Risk Financial Modeler to Help Clients Assess, Reduce and Report Risks Tied to Climate Change
Finance Fintech News

FIS Launches Climate Risk Financial Modeler to Help Clients Assess, Reduce and Report Risks Tied to Climate Change

Business Wire
FIS, a global leader in financial technology, today announced the launch of its Climate Risk Financial Modeler. The new SaaS risk offering aims to help businesses across all industries better assess, reduce and report their exposure to the physical risks of climate change. By unlocking FIS’ powerful risk modeling and......
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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
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