Tag : AI tools

New Smarsh UK Survey Shows AI Adoption Surges in Financial Services—But Employees Demand Stronger Guardrails
Analytics Artificial Intelligence News

New Smarsh UK Survey Shows AI Adoption Surges in Financial Services—But Employees Demand Stronger Guardrails

Business Wire
by Business Wire0
Over a third of UK employees use AI tools often for work, however, nearly 70% would feel more confident if all AI outputs were captured and monitored for transparency Smarsh, the global leader in communications data and intelligence, reveals new research that highlights UK financial services employees’ perspectives on artificial......
Zest AI Launches LuLu Strategy Module to Expand Generative AI to Financial Institutions
Artificial Intelligence Fintech News

Zest AI Launches LuLu Strategy Module to Expand Generative AI to Financial Institutions

PR Newswire
by PR Newswire0
Latest module in the LuLu platform series available first to MeridianLink customers, empowering credit unions and banks with advanced lending intelligence Zest AI, a leader in AI lending technology, announced the launch of LuLu Strategy, the newest module of a first-of-its kind generative AI lending intelligence platform, which delivers lending......
Friday Harbor Raises $6M to Help Community Lenders Match the Speed and Efficiency of Mortgage Giants
Fintech Lending Mortgage News

Friday Harbor Raises $6M to Help Community Lenders Match the Speed and Efficiency of Mortgage Giants

PR Newswire
by PR Newswire0
AI-powered platform enables lenders of all sizes to close loans faster, reduce costs and ensure compliance in real time Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, announced the completion of a $6 million seed round. The round was led by Abstract......
Artificial Intelligence Finance Fintech Industry Perspectives Risk Management Robotic Process Automation

Finance in 2025: The Tools, Trends, and Challenges Ahead

Lavi Sharma
by Lavi Sharma0
By: Lavi Sharma, Finance and Accounting Leader, Genpact 2025 is only just underway, but it’s already proving to be a pivotal year for the finance function. AI continues to dominate discussions, with leaders acknowledging its growing impact on business and finance operations. Central to the conversation is the rise of......
Artificial Intelligence Cloud Compliance management Finance Fintech Industry Perspectives Payment gateways

AI and Data Interoperability are Crucial for Success in the Financial Industry

Yohan Lobo
by Yohan Lobo0
Businesses within the financial services sector are among the  industries leading the way in delivering AI initiatives to enhance services and improve decision-making however, rich data and strong infrastructure is the essential foundation for successful implementation. Still plagued by inefficient manual processes and lack sufficient data resources, only 31% of......
Artificial Intelligence Banking Compliance management Featured Finance Fintech Payment gateways

Bridging the Gap Between Legacy Systems and Modern Fintech Applications with AI

Fintech Staff Writer
by Fintech Staff Writer0
The financial industry is undergoing rapid digital transformation, with modern fintech applications driving innovation in banking, payments, lending, and investment management. However, many financial institutions still rely on legacy systems—outdated but mission-critical software and hardware that underpin their operations. These legacy systems pose significant challenges, such as limited scalability, lack......
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......
Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance
Banking Fintech News

Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance

EIN Presswire
by EIN Presswire0
GFT’s New Banking Disruption Index Explores Whether Canada’s Banks Should Partner With Digital Competitors For 90% of Canadian banking customers, saving is a top priority, but where they’re placing their money is shifting, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that......
Artificial Intelligence Finance Fintech Industry Perspectives Risk Management Security

AI’s Impact on Emerging Risk Management Trends

Fintech Analyst
by Fintech Analyst0
By Heather H. Wilson and Patrick J. O’Neill, CLARA Analytics and Redhand Advisors AI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But despite......
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