Search Results for: machine learning algorithms

Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
FIS Teams Up with Fulham FC: A Game-Changer for London's Fintech Scene
Artificial Intelligence Finance Fintech News

Worldline and FinbotsAI Team up to put AI Credit Modelling in the Hands of Financial Institutions.

Business Wire
by Business Wire0
The collaboration will bring an AI-powered solution to help financial institutions level up their lending business through a no-code SaaS model that puts the ownership of credit modelling in the hands of Worldline’s clients of all sizes globally. The FinbotsAI solution will enable financial institutions to develop & deploy credit scorecards with......
Artificial Intelligence Featured Finance Fintech Robotic Process Automation

The Intersection of RPA and AI in AP Automation

Fintech Staff Writer
by Fintech Staff Writer0
The intersection of Robotic Process Automation (RPA) and Artificial Intelligence (AI) in Accounts Payable (AP) automation represents a significant shift towards hyperautomation, where businesses seek to streamline and optimize their financial processes at scale. AP automation focuses on improving the efficiency and accuracy of accounts payable tasks, such as invoice......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Avalara Announces New AI-based Tariff Code Classification Solution
Artificial Intelligence Compliance management News

Avalara Announces New AI-based Tariff Code Classification Solution

PR Newswire
by PR Newswire0
Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, announced the launch of Automated Tariff Code Classification, an AI-based system that uses a pioneering combination of proprietary, advanced AI, machine learning, and natural language processing methods and technologies to classify large product catalogs quickly and......
Artificial Intelligence Banking Finance Fintech Guest Posts

AI Can Save E-commerce Vendors from Cash Flow Squeeze

Fintech Analyst
by Fintech Analyst0
By Rohan Thambrahalli, CEO at DimeTyd and Chief Commercial Officer at Threecolts Unmasking Profits and Fueling Growth with AI E-commerce finance is experiencing steady growth, projected to reach $6.3 trillion in 2024. This indicates a continued shift toward online retail shopping, with consumers making 20.1% of their purchases digitally. As a result, major online marketplaces......
Artificial Intelligence Banking Finance Fintech Guest Posts

Keeping up with AI in Accounting: 5 Crucial Skills to Learn

Paul Wnek
by Paul Wnek0
By Paul Wnek, founder, CEO and principal solutions architect at Expand AP A recent World Economic Forum survey showed 85 percent of financial services organizations were using some form of AI and 77 percent believe that AI will become an essential part of their business in the next two years.......
Analytics Artificial Intelligence Finance Fintech Guest Posts Security

Five Scenarios Where Billing Data Can Help CFOs Improve AI Systems

Brad Sawaya
by Brad Sawaya0
By Brad Sawaya, CFO at BillingPlatform Here’s why CFOs look to billing data to train AI  Artificial Intelligence (AI) is revolutionizing the business world, turning traditional practices on their head and offering unprecedented opportunities for innovation. As CFOs navigate this new landscape, they find billing data to be a crucial......
Artificial Intelligence Digital Payments Finance Fintech Interviews Machine Learning Risk Management Security

Global Fintech Series Interview with Dagan Osovlansky, Chief Product Officer at ThetaRay

Paroma Sen
by Paroma Sen0
Dagan Osovlansky, Chief Product Officer at ThetaRay talks about the benefits of using AI to prevent financial crimes while highlighting more on what FIs can do to ensure better protection and security for end users in this catch-up with Global Fintech Series: ___________ Hi Dagan, we’d love to hear about......
Artificial Intelligence Banking Featured Finance Fintech Robotic Process Automation

The Impact of AI on Traditional Accounting Practices: Here’s What to Expect

Fintech Staff Writer
by Fintech Staff Writer0
Artificial Intelligence (AI) is poised to revolutionize traditional accounting practices, bringing about significant changes in efficiency, accuracy, and the role of accounting professionals. As AI technologies become more advanced and integrated into the accounting field, both opportunities and challenges emerge. SafeSend has unveiled SafeSend One, a suite of AI-powered tools......
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