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Artificial Intelligence Featured Finance Fintech Investments Machine Learning

Fintech Myths around AI and How AI Is Used To Predict Market Movements

Rishika Patel
by Rishika Patel0
According to Forbes, business investments in AI are projected to reach nearly $200 billion globally by 2025, and by 2030, AI could contribute an astounding $15.7 trillion to the global economy. In the financial sector alone, AI spending is expected to more than double, reaching $97 billion by 2027. One......
Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
by GlobeNewswire0
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
Talkdesk survey finds half of consumers are optimistic about artificial intelligence in financial services, but age matters
Artificial Intelligence Finance Fintech News

Talkdesk survey finds half of consumers are optimistic about artificial intelligence in financial services, but age matters

Business Wire
by Business Wire0
Findings reveal a generational divide, with millennials leading the charge in interactions with artificial intelligence chatbots; older generations prefer a human touch  Generations differ in artificial intelligence (AI) chatbot usage and comfort levels. While more than half (61%) of respondents interact with a financial services chatbot monthly, this number varies......
Bitwarden Expands Inline Autofill for Credit Cards and Identities
Finance Fintech News Security

Bitwarden Expands Inline Autofill for Credit Cards and Identities

Business Wire
by Business Wire0
Users can now autofill more than passwords and usernames Bitwarden, the trusted leader in password, secrets, and passkey management, today announced an enhancement to the inline autofill capabilities within the Bitwarden browser extension. This update introduces seamless autofill for credit cards and personal identities, enabling more secure and efficient interactions......
CCUA and Ascent Partner to Deliver Next-Generation Experience Platform
Fintech News

CCUA and Ascent Partner to Deliver Next-Generation Experience Platform

PR Newswire
by PR Newswire0
Ascent reduces work for both members and associates when completing digital applications and forms The Cooperative Credit Union Association (CCUA) proudly announces a strategic partnership with Ascent Platform, a CUSO and leading fintech in digital experience solutions for credit unions, to help CCUA members improve digital engagement and delivery. Traditionally,......
Alkami Integrates Credential Stuffing Protection Into Its Digital Banking Platformt
Banking Finance Fintech News

Alkami Integrates Credential Stuffing Protection Into Its Digital Banking Platformt

PR Newswire
by PR Newswire0
Product integration provides an enhanced digital banking user experience and improved security Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the implementation of its credential stuffing protection into its digital banking platform challenge-response authentication process. This feature automatically checks for human......
TD Bank Survey Reveals Nearly One-third of Consumers Are Cutting Back Spending As Inflation Pains Linger
Banking News

TD Bank Survey Reveals Nearly One-third of Consumers Are Cutting Back Spending As Inflation Pains Linger

Business Wire
by Business Wire0
Half of consumers report their biggest spending increase was on groceries over the last year. TD Bank, America’s Most Convenient Bank announced the findings of its annual 2024 Consumer Spending Index, revealing that half (50%) of respondents say their spending has increased the most on groceries over the last year......
Eltropy Leads Credit Unions and Community Banks into New “Safe AI” Era with Comprehensive AI Suite
Artificial Intelligence Finance Fintech News

Eltropy Leads Credit Unions and Community Banks into New “Safe AI” Era with Comprehensive AI Suite

EIN Presswire
by EIN Presswire0
AI Agents, AI Assistants, and AI Intelligence transform member communication and service and bring in new operational efficiencies with Generative AI Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced the general availability of the industry’s most advanced Safe-AI suite built exclusively for credit unions and......
Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
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