Search Results for: financial industry

Artificial Intelligence Banking Featured Finance Fintech Machine Learning Risk Management

Financial Information Business Ontology (FIBO): Architecture, Use Cases, and Implementation Challenges

Fintech Staff Writer
Financial Information Business Ontology (FIBO) represents an important advancement in the way financial institutions manage and interpret data. Developed by the Enterprise Data Management (EDM) Council, FIBO is a formal ontology that provides a structured approach for defining financial terms, relationships, and processes. FIBO is designed to standardize data across......
E-commerce Featured Fintech Robotic Process Automation

Automating Financial Reconciliation for E-commerce Using AI and RPA

Fintech Staff Writer
In the fast-evolving world of e-commerce, managing financial transactions accurately and efficiently is crucial for business success. Financial reconciliation—the process of verifying that records from different financial accounts align—is a fundamental aspect of financial management. In the e-commerce sector, the vast volume of transactions, multiple payment channels, and diverse currencies......
Quarrio Unveils Agentic Q&A Platform with Embedded FIBO Ontology for Capital Markets and Financial Services
Artificial Intelligence Fintech News

Quarrio Unveils Agentic Q&A Platform with Embedded FIBO Ontology for Capital Markets and Financial Services

EIN Presswire
With the growing adoption of AI technologies, Capital Markets and Financial Services face ongoing challenges around accuracy, validation, and security. Quarrio’s new Agentic Q&A platform addresses these issues by delivering a deterministic solution that meets the industry’s unique requirements for accuracy, verifiability, consistency, and explainability, along with robust security and......
Mbanq Launches Mbanq.AI and Shares AI-Driven Industry Vision for Next Decade
Artificial Intelligence Finance Fintech News

Mbanq Launches Mbanq.AI and Shares AI-Driven Industry Vision for Next Decade

Business Wire
Mbanq.AI embeds AI technology across Mbanq’s core banking systems to enhance banking efficiency, security, and personalization. CTO Lars Rottweiler shares Mbanq’s AI Vision through to 2035, during Money20/20 in Las Vegas. Mbanq, a global leader in banking technology, launches Mbanq.AI, a series of deep enhancements to its core banking technology,......
WorkFusion Appoints David Caruso as Vice President of Financial Crime Compliance
Artificial Intelligence Finance Fintech Security

WorkFusion Appoints David Caruso as Vice President of Financial Crime Compliance

PR Newswire
Caruso’s 25 years building anti-money laundering and sanctions compliance programs align seamlessly with WorkFusion; Company’s AI Agents help financial institutions mitigate financial crime risks WorkFusion, a pioneer in AI agents for financial crime compliance, today announced the appointment of David Caruso as Vice President of Financial Crime Compliance. A Financial......
Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines
Digital Asset Management Finance Fintech News

Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines

PR Newswire
The Broadridge ClearFi solution provides investors with user-friendly information on digital assets. Broadridge Financial Solutions, Inc. (NYSE: BR), today announced the launch of Broadridge® ClearFi (“ClearFi”), a new suite of products to help financial intermediaries operating within the Digital Asset space to get out ahead of current and emerging disclosure regulations.......
AnChain.AI Achieves SOC 2 Type II Compliance, Reinforcing Leadership in Financial Crime Compliance
Compliance management Fintech News

AnChain.AI Achieves SOC 2 Type II Compliance, Reinforcing Leadership in Financial Crime Compliance

PR Newswire
AnChain.AI, a global leader in AI-powered digital asset and DeFi investigations, anti-fraud, and AML compliance, announced the successful completion of its SOC 2 Type II certification. SOC 2 Type II, a rigorous auditing standard developed by the AICPA, involves a stringent, third-party evaluation of AnChain.AI’s commitment to data security, integrity, and......
Brightwave Secures $15 Million Series A to Scale AI-Powered Financial Research Platform
Artificial Intelligence Fintech News

Brightwave Secures $15 Million Series A to Scale AI-Powered Financial Research Platform

Business Wire
Backed by Decibel and OMERS Ventures, Brightwave Continues Record Growth with a 4x Revenue Increase Brightwave, the leading AI financial research platform, announced the close of its $15 million Series A funding round. Led by Decibel Partners with participation from OMERS Ventures, this round brings Brightwave’s total funding to $21......
FusionIQ Launches Industry's First Digital Wealth Management Solution for Wallet Companies
Cloud Digital Asset Management Finance Fintech News

FusionIQ Launches Industry’s First Digital Wealth Management Solution for Wallet Companies

PR Newswire
New solution expands FusionIQ’s portfolio of easy-to-implement products, bridging the gap between payments and wealth management. FusionIQ, a leader in the delivery of cloud-based wealth management solutions, today announced the launch of FIQ Wallet, the industry’s first digital wealth management platform designed specifically for digital wallet companies. This groundbreaking solution......
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