Tag : Machine Learning
AU10TIX Protects Businesses Against $2 Billion in Fraud Since Start of 2022
Leading automated identity verification technology company expands financial services presence to create a more secure and inclusive digital economy AU10TIX, a leading global provider of fully automated identity verification technology powered by cutting-edge machine learning and artificial intelligence (AI), today announced that the company has prevented $2 billion in fraud related losses......
Impactsure Technologies Breaks into the Global Annual IBSi Sales League Table 2022
Impactsure Technologies Private Limited (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered digitisation and analytics company that simplifies complex operations in corporate banking and trade finance has been recognised as the Star Performance (new entrant) of the Transaction Banking (Trade Finance) category in the coveted Annual IBSi Annual Sales League Table 2022. For over 20......
Akbank Uses FICO Prescriptive Analytics to Grow Credit Card Approvals 45% And Limits By 60%
Leading Turkish retail bank wins FICO® Decisions Award for AI, machine learning & optimization using FICO decision optimization technology Akbank, one of the largest retail banks in Turkey, has improved the way it makes offers to consumers for new credit cards and credit limit increases by leveraging mathematical optimization and action/effect......
LexisNexis Risk Solutions Acquires Property Insurtech Flyreel
Intuitive home inspection technology infused with industry-leading data analytics gives U.S. insurers comprehensive risk insights for underwriting and claims workflows, and consumers easy-to-navigate experience LexisNexis Risk Solutions, part of RELX, announced it has acquired Flyreel, a Denver-based property insurtech that uses artificial intelligence (AI) and machine learning to enable self-service......
Elo Uses FICO Falcon Fraud Manager to Reduce Fraud by 30% Across Its Payment Network
Brazilian payment network provider wins FICO Decisions Award for fraud management Elo, one of the largest and most innovative payment providers in Brazil, has used FICO Falcon Fraud Manager to reduce fraud by 30 percent for card issuers using its payment network. The best-in-class cloud-based solution also managed to decline online......
economyx.AI Uses Machine Learning to Pull Insights From US Economic News
The US economy is $25 trillion of activity, by 330 million people, over 3.8 million square miles. Wanna to see how it’s all doing? Google has been spectacularly successful in its mission to organize the world’s information and make it universally accessible. But is more information always better? A simple search like......
Consilient Announces $3 Million Seed Funding Round for the Development of Next-Gen Financial Crime Compliance Technology
Investment in leadership and technology innovation positions the company to redefine anti-money laundering and combating financial fraud Consilient, a fintech innovator aiming to transform financial crime compliance, announced it has secured a private $3 million seed funding round that will help the company’s vision to become the leader in the development of......
Choco Up Partners With Shoplazza to Transform the Financing Landscape for DTC E-commerce Merchants
The partnership will provide funding to e-commerce merchants and help turn local businesses into global players Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, announced its strategic partnership with Shoplazza, a global leading e-commerce Software as a Service......
Gradient AI Joins Guidewire Insurtech Vanguards Program
Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions for the insurance industry, announced that the company has joined Guidewire’s Insurtech Vanguards program, a new initiative led by property and casualty (P&C) cloud platform provider Guidewire, to help insurers learn about the newest insurtechs and how to best......