Tag : Machine Learning

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
by GlobeNewswire0
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
WOO Innovation Hub and Almanak Partner to Drive AI-Powered Optimization in DeFi
DeFi Finance News

WOO Innovation Hub and Almanak Partner to Drive AI-Powered Optimization in DeFi

GlobeNewswire
by GlobeNewswire0
As part of the broader WOO Ecosystem, which includes the WOOFi protocol, a leading decentralized exchange, and WOO X, a global centralized exchange, the WOO Innovation Hub is excited to announce a new strategic partnership with Almanak, an agent-centric platform that allows users to develop, optimize, and deploy financial strategies using AI agents. This......
Avalara Announces New AI-based Tariff Code Classification Solution
Artificial Intelligence Compliance management News

Avalara Announces New AI-based Tariff Code Classification Solution

PR Newswire
by PR Newswire0
Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, announced the launch of Automated Tariff Code Classification, an AI-based system that uses a pioneering combination of proprietary, advanced AI, machine learning, and natural language processing methods and technologies to classify large product catalogs quickly and......
OneShield Expands Technology Ecosystem with Charlee.ai, Enhancing AI Capabilities within their Core Platforms
Artificial Intelligence InsurTech News

OneShield Expands Technology Ecosystem with Charlee.ai, Enhancing AI Capabilities within their Core Platforms

PR Newswire
by PR Newswire0
OneShield, a leading provider of core system solutions to the insurance industry, is proud to announce a strategic alliance with Charlee.ai, an innovative AI platform specializing in machine learning and predictive analytics for insurance. This integration will empower insurers with more efficient and accurate claims processing, further enhancing OneShield’s commitment to providing......
Marqeta Announces Fouzi Husaini as Company’s Chief Artificial Intelligence Officer
Artificial Intelligence Finance Fintech News

Marqeta Announces Fouzi Husaini as Company’s Chief Artificial Intelligence Officer

Business Wire
by Business Wire0
Husaini plans to expand and scale Marqeta’s AI capabilities, bringing over 25 years of experience to help drive greater ROI for Marqeta customers unlocking purchasing power for all Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced that Fouzi Husaini has joined......
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......
Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable
Cloud Digital Payments Finance News

Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable

EIN Presswire
by EIN Presswire0
Serrala announced the launch of Alevate AR, the cloud-native AI-powered accounts receivable solution to complete our robust cloud portfolio. Serrala, a global leader in finance process automation, launched Alevate AR, its cloud-native platform, set to redefine the future of Accounts Receivable (AR) management. Leveraging artificial intelligence (AI) and machine learning......
Artificial Intelligence Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

The Role of Autonomous Financial Platforms in Creating Self-Learning Financial Ecosystems

Prajakta Ayade
by Prajakta Ayade0
Autonomous financial platforms are systems designed to operate independently, managing financial processes with minimal human intervention. They utilize AI, ML, and other advanced technologies to perform tasks such as trading, portfolio management, risk assessment, fraud detection, and customer service. These platforms are capable of learning from data, adapting to new......
Artificial Intelligence Banking Finance Fintech Guest Posts Risk Management Robotic Process Automation Security

Winning the AI Race: How Payment Automation Prepares Financial Data for Machine Learning

David Guthrie
by David Guthrie0
By: David Guthrie, CTO, REPAY It’s no secret that exploring, adopting and leveraging AI technology has become the primary focus for many businesses in recent years. The much-discussed promise of AI’s potential to drive productivity and business value has led many businesses in various industries to adopt the technology for......
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