Global Fintech Interview with Nasser Chanda, CEO at Paymerang
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Tag : AI
Three Ways To Fight Bank Fraud
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
Element Announces Country Directors of Indonesia and the Philippines
Element, Inc., the privacy-led, modern AI pioneer in digital identity services, announced the appointment of its new Country Director of Indonesia, Ardelia Apti, and Country Director of the Philippines, Kristian Melquiades. Read More: Tuvalu Embarks On World’s First National Digital Ledger And Infrastructure Project On Bitcoin SV Ms. Apti joins......
Kharon And FinScan Partner To Deliver Critical Addition To KYC And AML Compliance
Kharon, the research and data analytics company focused on security threats and other controversies that impact global commerce and finance, and FinScan, a global provider of AML/KYC consulting and compliance screening and monitoring solutions, today announced they have partnered to deliver curated regulatory risk datasets to customers. Read More: Atreyu......
Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America
Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play.......
NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions
Customers want hyper-individualized financial services. They’re even willing to share personal data and pay more as a tradeoff. According to research findings released today by NTT DATA, there is ample opportunity for financial institutions to harness the power of AI to build more meaningful connections and experiences with customers — vastly......
Ontario Systems Acquires Pairity to Embed the Power of Machine Learning in Its Industry-Leading Collections Technology
Ontario Systems, a leading provider of enterprise software that automates complex workflows, accelerates revenue recovery and simplifies the payment process for healthcare, accounts receivable management (ARM) and government clients, today announced its acquisition of Pairity, a cutting-edge provider of artificial intelligence (AI) and machine-learning capabilities that allow collection teams to......
Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion
Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for Insurance and Banking, has announced $75M in growth funding with a pre-money valuation of $1B. The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round. The......
Open Banking Reporter Rolls Out Business Viability Modelling Service For Lenders
OBR, a data-driven risk management fintech, has teamed up with data science company Profusion and AI-driven platform for infusing analytics everywhere Sisense to launch a new platform to help lenders provide greater support to SMEs. The platform, called OpenRep, uses Open Banking Data and predictive modelling to provide financial institutions......