Tag : financial institutions

Artificial Intelligence Compliance management Featured Finance Fintech Security

The “Orchestrated AI Complexity”: Mastering Multi-Model Governance and Data Lineage in Global Financial Services

Fintech Staff Writer
by Fintech Staff Writer0
Artificial intelligence when used with wisdom creates wonders, but it can wreak havoc if left unchecked and misaligned. AI in financial services is witnessing a maze of complexity. It is time to solve the puzzle and achieve multi-model governance. AI is revolutionizing financial services, but it’s also introducing unprecedented complexity.......
Mastercard and Alloy Launch Enhanced Identity and Fraud Prevention Solution to Streamline Onboarding
Finance Fintech News

Mastercard and Alloy Launch Enhanced Identity and Fraud Prevention Solution to Streamline Onboarding

PR Newswire
by PR Newswire0
The Mastercard Alloy Joint Onboarding Solution leverages Mastercard’s identity and open finance solutions to enable safe and seamless customer onboarding for financial institutions and fintechs Alloy, a leading identity and fraud prevention platform provider, has announced a new global partnership with Mastercard to launch an enhanced customer onboarding solution for......
Artificial Intelligence Compliance management Guest Posts Security Technology

Why are Compliance Pros so Wary of AI?

Jon Elvin
by Jon Elvin0
The landscape of regulatory compliance has always been complicated, but recent research revealed that the vast majority (92.4%) of compliance professionals feel like their jobs have gotten even harder. Between ongoing regulatory concerns and stretched-thin resources, it’s no surprise that compliance teams are feeling the heat, especially when you consider......
Algebrik AI and Open Lending Partner to Expand Intelligent Auto Loan Decisioning for Credit Unions
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Algebrik AI and Open Lending Partner to Expand Intelligent Auto Loan Decisioning for Credit Unions

PR Newswire
by PR Newswire0
Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), announced an integration with Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions. Algebrik AI integrates Open Lending to help CUs expand......
First City Credit Union and Quavo Partner to Deliver Secure Online Fraud Resolution for Displaced Members Following LA Fires
Fintech News

First City Credit Union and Quavo Partner to Deliver Secure Online Fraud Resolution for Displaced Members Following LA Fires

GlobeNewswire
by GlobeNewswire0
Quavo, a leading technology partner and trusted advisor for financial institutions, has partnered with First City Credit Union to strengthen fraud and dispute resolution services for members affected by the LA fires. This collaboration reflects both organizations’ dedication to supporting individuals by providing seamless, protected, and accessible dispute services—regardless of......
New AI-Powered Experian Assistant for Model Risk Management Streamlines and Accelerates Governance Processes
Fintech News Risk Management

New AI-Powered Experian Assistant for Model Risk Management Streamlines and Accelerates Governance Processes

Business Wire
by Business Wire0
Newest addition to Experian Assistant product family allows financial institutions to document, validate and monitor models with speed, transparency and audit-readiness Experian announced the launch of Experian Assistant for Model Risk Management, a first-of-its-kind solution to help financial institutions govern and manage models more efficiently across the entire model‑development lifecycle.......
Digital Payments Finance Fintech Guest Posts Technology

How Connectivity Streamlines Cash Operations

Rachel Gruber
by Rachel Gruber0
In today’s digitalized world, one might assume that physical cash is losing its relevance, but in reality, the opposite is true. According to the Federal Reserve’s 2024 consumer payment survey, 92% of Americans have no intention of abandoning cash anytime soon—a statistic that underscores the ongoing demand for tangible currency......
FalconX Expands into Latin America to Support the Region's Largest Financial Institutions
Digital Asset Management Fintech News

FalconX Expands into Latin America to Support the Region’s Largest Financial Institutions

PR Newswire
by PR Newswire0
FalconX, the leading institutional digital asset prime broker, announced the next phase of its global growth with expansion into Latin America. Now working with some of Latin America’s largest financial institutions—such as BTG Pactual and Mercado Bitcoin—FalconX is bringing its full-stack execution and prime brokerage platform to one of the world’s fastest-growing institutional crypto markets.......
Creatio Launches Financial Services 'Twin' Release to Help Banks and Credit Unions Elevate Customer Engagement with AI
Artificial Intelligence Finance Fintech News

Creatio Launches Financial Services ‘Twin’ Release to Help Banks and Credit Unions Elevate Customer Engagement with AI

EIN Presswire
by EIN Presswire0
The release introduces a set of enhanced, ready-to-use banking workflows, new AI agents designed to boost performance, and advanced no-code configuration tools Creatio, a global vendor of an AI-native platform to automate CRM and workflows with no-code, today announced the launch of its Financial Services “Twin” Release, a product update that......
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