Search Results for: risk information

Artificial Intelligence Banking Featured Finance Fintech Machine Learning Risk Management

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

Fintech Staff Writer
by Fintech Staff Writer0
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......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
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......
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......
AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks
Artificial Intelligence Finance Fintech News

AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks

PR Newswire
by PR Newswire0
To help businesses manage risks arising from developing their own Generative AI (Gen AI) models, AXA XL unveiled new coverage, available by endorsement, to its cyber insurance coverage globally, extending coverage to address specific Gen AI risks. According to Michael Colao, AXA XL’s Global Chief Underwriting Officer, Cyber, “Looking to improve efficiency, improve......
Middesk Launches Signal, A Scoring Tool Capturing Comprehensive Business Risk in a Fraction of a Second
Business Fintech News

Middesk Launches Signal, A Scoring Tool Capturing Comprehensive Business Risk in a Fraction of a Second

PR Newswire
by PR Newswire0
Signal is revolutionizing how financial institutions and companies onboard and evaluate business partners with unprecedented speed and accuracy Middesk, a leading business Identity company, announces the launch of Signal, a groundbreaking product designed to revolutionize how companies assess the risk profile of businesses. Signal is powered by the same authoritative......
Sixfold's AI Prepares Insurers for Future Risks in Cyber Insurance
Artificial Intelligence Finance Fintech News

Sixfold’s AI Prepares Insurers for Future Risks in Cyber Insurance

PR Newswire
by PR Newswire0
Insurers using Sixfold’s AI can quickly adapt their risk strategies to address new cyber threats, providing accurate and future-ready underwriting assessments. Additionally, the partnership with CyberCube aligns with the strategy of utilizing the best data sources to streamline underwriting, keeping insurers ahead as cyber insurance premiums are projected to reach $20......
AuditBoard Releases Updates to Modern Connected Risk Platform to Further Streamline Collaboration for Governance, Risk, and Compliance Teams
Compliance management Fintech News

AuditBoard Releases Updates to Modern Connected Risk Platform to Further Streamline Collaboration for Governance, Risk, and Compliance Teams

Business Wire
by Business Wire0
Analytics Enhancements and Aggregate Scoring among the updates to help customers drive increased value for their organizations. AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, announced extensions to its modern connected risk platform to help teams improve efficiency, foster collaboration, and increase the rigor and intentionality......
GAN Integrity Launches Integrity Identify™ - AI-Enabled Risk Discovery and Monitoring
Artificial Intelligence Finance Fintech News

GAN Integrity Launches Integrity Identify™ – AI-Enabled Risk Discovery and Monitoring

PR Newswire
by PR Newswire0
Solution delivers a 10x increase in the precision of risk screening and 2x faster onboarding of third parties GAN Integrity, a leading provider of integrated compliance, ethics, and risk management solutions, today announced the release of its new third-party risk discovery and monitoring solution Integrity Identify. Using advanced large language......
New Oracle Cloud Service Helps Banks Quickly Identify Financial Crime Risk
Banking Cloud Fintech News Risk Management

New Oracle Cloud Service Helps Banks Quickly Identify Financial Crime Risk

PR Newswire
by PR Newswire0
Financial Crime and Compliance Management Monitor delivers advanced visualizations to support banks in managing risk and meeting compliance analysis and reporting requirements Oracle announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can gain a holistic, centralized......
MindBridge Releases New AI Innovations to Combat Escalating Financial Risks
Artificial Intelligence Fintech News Risk Management

MindBridge Releases New AI Innovations to Combat Escalating Financial Risks

PR Newswire
by PR Newswire0
New platform features equip finance professionals and internal and external auditors with advanced AI tools to detect anomalies, ensure compliance, and strengthen risk management MindBridge, the leading AI-powered financial risk intelligence platform, is announcing significant enhancements to its MindBridge AI platform at The MindBridge Conference. These improvements come as MindBridge......
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