Search Results for: consumer intelligence

Credit Card Issuers Must Confront Consumers’ Mounting Debt, J.D. Power Finds
Fintech News

Credit Card Issuers Must Confront Consumers’ Mounting Debt, J.D. Power Finds

Business Wire
by Business Wire0
Total U.S. credit card debt increased $45 billion between April and June of this year and has now topped the $1 trillion mark, according to the New York Federal Reserve. For the nation’s credit card issuers that inauspicious milestone, combined with several other consumer behavioral trends, should be cause for......
Data Intelligence Startup Caden Raises $15 Million Series A
Fintech Funding Investment Services News

Data Intelligence Startup Caden Raises $15 Million Series A

Fintech News Desk
by Fintech News Desk0
The funding will accelerate the development and go-to-market of Caden’s innovative data AI platform Data intelligence company Caden has announced a $15 million Series A round led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others. Caden has......
Consumers Want an All-in-One Platform to Manage Their Finances While Businesses Invest in Future Forward Tech, According to FIS Study
Finance News

Consumers Want an All-in-One Platform to Manage Their Finances While Businesses Invest in Future Forward Tech

GlobeNewswire
by GlobeNewswire0
FIS Financial Services Expectations vs Reality research asked US and UK consumers about their personal financial decisions and business executives’ investment and innovation plans. 47% of consumers said access to a single platform to manage all their financial services activity from all their providers was their top priority. 91% of financial services......
Staying Ahead of Payments Fraud with Artificial Intelligence
Artificial Intelligence Digital Payments Guest Posts

Staying Ahead of Payments Fraud with Artificial Intelligence

Debbie Guerra
by Debbie Guerra0
The rise of real-time payments across the world has contributed billions to the global economy and acted as a strong positive force of financial inclusion for underserved communities. The U.S. is currently at an inflection point, as July’s launch of the Federal Reserve’s FedNow Service is expected to support much......
From Debt to Prosperity: How AI with Advisor Intelligence Creates a Roadmap to Financial Independence
Artificial Intelligence debt collection Guest Posts

From Debt to Prosperity: How AI with Advisor Intelligence Creates a Roadmap to Financial Independence

Mitchell Morrison
by Mitchell Morrison0
According to the Federal Reserve, American household debt is at a record high. Americans held $16.9 trillion in household debt at the end of 2022, up $2.75 trillion since only 2019 — $986 billion of which is credit card debt. Clearly, the country is experiencing an issue with financial literacy......
Artificial Intelligence News

LGBTQ+ Consumers Skeptical AI Like ChatGPT Will Improve Their Financial Experiences, Achieve Survey Finds

PR Newswire
by PR Newswire0
Wide-ranging survey on the personal finance experiences and challenges of the LGBTQ+ community reveals access to financial opportunities is strong, but many consumers still struggle to reach their financial goals In a future where ChatGPT and other forms of generative AI may become ubiquitous in banking, many LGBTQ+ consumers believe they......
Paysafe Report Reveals Need for Consumer Education to Propel AI Payments Into the Mainstream
Digital Payments News

Paysafe Report Reveals Need for Consumer Education to Propel AI Payments Into the Mainstream

Business Wire
by Business Wire0
Research highlights extent of untapped potential for AI and mixed reality payments With artificial intelligence (AI) being one of the most talked about technologies of 2023, consumers are gradually growing their understanding of its role in the payments process. Research* among over 14,000 consumers commissioned by global payments platform Paysafe......
Beyond Chatbots, Majority of Consumers are Open to AI in Legal, Medical or Financial Matters
Artificial Intelligence Fintech News

Beyond Chatbots, Majority of Consumers are Open to AI in Legal, Medical or Financial Matters

Business Wire
by Business Wire0
Consumers are generally confident AI can provide faster customer service, but worry about their privacy and whether chatbots can respond to human emotions People want transparency around how AI models work, control over their own data, and to have real people verify AI results Almost ¾ of people are comfortable......
New Bakkt Study Reveals Sustained Crypto Interest as Consumers Seek Regulatory Clarity
Cryptocurrency Fintech News

New Bakkt Study Reveals Sustained Crypto Interest as Consumers Seek Regulatory Clarity

Business Wire
by Business Wire0
Fintechs are an appealing entry point for the Crypto Curious and the next wave of adopters Bakkt Holdings Inc released findings from its “Bi-Annual U.S. Consumer Crypto Sentiment Study” of more than 2,000 U.S. consumers who own crypto or are interested in crypto, examining their sentiments, adoption and usage, along......
CFPB Issue Spotlight Analyzes "Artificial Intelligence" Chatbots in Banking
Artificial Intelligence Consumer protection laws News

CFPB Issue Spotlight Analyzes “Artificial Intelligence” Chatbots in Banking

Fintech News Desk
by Fintech News Desk0
Poorly deployed chatbots can impede customers from resolving problems The Consumer Financial Protection Bureau (CFPB) released a new issue spotlight on the expansive adoption and use of chatbots by financial institutions. Chatbots are intended to simulate human-like responses using computer programming and help institutions reduce the costs of customer service agents.......
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