Search Results for: fraud detection

Artificial Intelligence Banking Cloud Featured Finance Fintech

AI-Ready Infrastructure For Small Banks: Architectures, Tooling, and Cloud Strategies

Fintech Staff Writer
As small banks look to enhance their capabilities in data analysis, customer insights, and fraud detection, building AI-ready infrastructure becomes crucial. Unlike large financial institutions with expansive resources, small banks must be strategic about their AI investments. The journey to create AI-ready infrastructure in small banks requires a careful balance......
ConnexPay Receives Patent for Unified Payments Platform
Finance Fintech News

ConnexPay Receives Patent for Unified Payments Platform

Business Wire
Unique invention intelligently manages both incoming and outgoing payments ConnexPay, the world’s first all-in-one B2B payments platform, has received a U.S. patent for a payments technology invention that unifies incoming payments and outgoing payments inside a single system. ConnexPay’s patent, U.S. Patent No. 12,118,519 granted by the United States Patent......
The AI Tipping Point: Half of CFOs will axe AI investment if it doesn't show ROI next year
Artificial Intelligence Finance Fintech News

The AI Tipping Point: Half of CFOs will axe AI investment if it doesn’t show ROI next year

PR Newswire
4 out of 5 organizations are set to increase AI investment, but CFOs ‘don’t know where to start’ 31% lack clear strategic vision for AI within the finance function This uncertainty is preventing 41% of finance leaders from prioritizing AI investment 75% of CFOs want greater investment in AI to focus more......
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......
Ocrolus and LendSaaS partner to streamline MCA origination with AI-powered automation
Artificial Intelligence Finance Fintech Lending News

Ocrolus and LendSaaS partner to streamline MCA origination with AI-powered automation

PR Newswire
Ocrolus, a leader in AI-driven financial document automation and analysis, today announced a strategic partnership with LendSaaS, a top Merchant Cash Advance (MCA) origination and servicing platform, to enhance MCA origination with AI-driven document analysis, cash flow analytics and fraud detection. LendSaaS customers will now have access to Ocrolus’ industry-leading document analysis, cash......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
The rapid evolution of financial technology has brought forward innovative ways to borrow and lend, transforming how consumers approach personal finance. One standout development in this space is the rise of Buy Now, Pay Later (BNPL) services, a flexible and accessible lending model that has disrupted traditional banking and credit......
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,......
AWS and Q2 Expand Partnership to Accelerate Banking Innovation
Banking Fintech News

AWS and Q2 Expand Partnership to Accelerate Banking Innovation

Business Wire
Q2 Holdings Inc, a leading provider of digital transformation solutions for financial services, today announced an expanded strategic partnership with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, to continue driving innovation for its bank, credit union, and fintech customers. As part of this collaboration, AWS and Presidio, a......
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