Tag : AI
AI and Machine Learning Can Help FIs Avoid Risk—but They Have Risk of Their Own
Mercator Advisory Group releases a new research report that examines the impact of hidden biases in ML and Artificial Intelligence—and how to avoid them. AI models reflect existing biases if these biases are not explicitly eliminated by the data scientists developing the systems. Constant monitoring of the entire operation is......
Level01 launches the World 1st DeFi Platform for AI-Guided Derivatives Trading on Google Play
Industry First Ultimate Fair DeFi Platform for Derivatives/Options Traders Level01, a pioneer in decentralized peer-to-peer derivatives trading, has launched it’s innovative DeFi platform on Google Play . Developed over many years by a team of experts in quantitative analytics, big data, AI, derivatives pricing & risk analysis; the platform and......
Broadridge Names Vijay Mayadas to Lead Capital Markets
Broadridge Financial Solutions, a global Fintech leader, announced that Vijay Mayadas has been appointed President of Capital Markets. In this newly created position, he will lead Broadridge’s trading and post-trade capital markets SaaS solutions as part of the Global Technology and Operations (GTO) business. Read More: InvestEdge Acquired by Featheringill Capital......
Card Issuers Confront Fast-Moving Fraud While Optimizing Cardholder Spend with AI-Driven Solution from Fiserv
Advance Defense enables intelligent transaction decisioning Fiserv, a leading global provider of payments and financial services technology solutions, has introduced a first-of-its-kind intelligent fraud detection solution for card issuers of all sizes, designed to help minimize fraud losses while maximizing legitimate cardholder spend for a full range of card types.......
AI Startup Vestun Launches Hedge Fund Navigating Market Turbulence
Swiss-based AI company Vestun opens its market agnostic hedge fund strategy to new outside investors. Â Vestun, a Swiss-based financial and technology company has now opened the launch of its hedge fund to new outside investors. The firm which until now has been only managing its own capital announced that its......
Bringing AI to Insurance: The Role of Artificial Intelligence in InsurTech
Artificial Intelligence has brought massive transformation. Insurance companies deal in huge amounts of data and AI is helping make optimal use of it. With the appropriate AI powered tech tools, insurance companies can shed several everyday business burdens. Read More: GlobalFintechSeries Interview with David R. Smith, Chief Executive Officer &......
Bold Penguin Reaches Definitive Agreement to Acquire RiskGenius
Company adds qualitative policy review capabilities as it continues to be the dominant leader in small commercial connectivity Bold Penguin, a rapidly growing commercial insurance technology provider, announces today it has entered into a definitive agreement to acquire RiskGenius, a pioneer in insurance document intelligence software. The acquisition will add......
Esker Launches New Cash Application Automation Solution and Strengthens Its Accounts Receivable Financial Suite
Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, announced the launch of its Cash Application solution that enables businesses to increase the efficiency and automation of the cash application process of matching open invoices to payments received. As part of Esker’s Accounts Receivable financial suite (Credit Management, Invoice......
How is Tech Changing the Way Businesses Tackle Financial Crime?
When it comes to online financial crimes, imagining a masked man sprinting away with someone else’s valuables does not paint the right picture! The modern-day reality is that the type, variety and extent of financial crimes are on the rise today and it is that much crucial for tech innovators,......