Tag : Fraud detection

Artificial Intelligence Banking Featured Finance Fintech Robotic Process Automation Security

The Impact of Automation and Data Intelligence on Customer Experience in Financial Services

Prajakta Ayade
Automation and data intelligence are driving significant transformations across finance, particularly in customer experience. These technologies are reshaping how financial institutions interact with customers, offering personalized, efficient, and seamless services. Enhancing Efficiency and Accuracy One of the primary benefits of automation in financial services is the enhancement of efficiency and......
Zest AI Debuts AI-Powered Fraud Detection for Lenders
Lending News

Zest AI Debuts AI-Powered Fraud Detection for Lenders

PR Newswire
Zest Protect helps lenders decision loans more confidently with accurate, holistic application fraud detection  Zest AI, the leader in AI lending technology, announced its new fraud detection solution, Zest Protect. Zest Protect quickly and accurately identifies fraudulent activity during the loan decisioning process, helping credit unions, banks and other lenders navigate the......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Security

AI’s Impact on Emerging Risk Management Trends

Fintech Analyst
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......
Artificial Intelligence Featured Finance Fintech Risk Management Security

The Future of Accounts Payable: AI-Powered Fintech Solutions Are Leading the Way

Prajakta Ayade
Manual, paper-based payment processes are rapidly becoming relics of the past, replaced by intelligent payment automation powered by Artificial Intelligence (AI). This shift promises a future of unprecedented efficiency, accuracy, and strategic advantage for businesses of all sizes. The rise of artificial intelligence (AI) is redefining the future of accounts......
Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats
Banking News

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats

Business Wire
GFT’s Banking Disruption Index Reveals Consumers Are Receptive to Automated Saving Advice and Fraud Detection, But Aren’t Sure About Complex Integrations U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation......
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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI
Artificial Intelligence Finance News

Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI

Business Wire
Informed.IQ, the fastest growing technology supplier of AI verification software to the finance industry, and Fuse, a next-generation loan origination system (LOS), announced they’ve launched an integrated solution that powers streamlined verifications and fraud detection for financial institutions. “This integration marks a significant milestone in our mission to revolutionize software......
BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA
Banking News

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA

Fintech News Desk
Study reveals rise in social engineering scams and theft of devices as scammers adapt and innovate tactics – incorporating AI to target individuals. In a report released by BioCatch – the global platform in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence – published findings showing......
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