Tag : AI and machine-learning

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AI and Machine Learning: Transforming Global Payments and Global Money Exchange

Prajakta Ayade
by Prajakta Ayade0
The financial technology (fintech) industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies are revolutionizing payment systems and global money exchange, bringing unprecedented efficiency, security, and innovation to the financial sector. Enhancing Payment Systems AI and machine learning are enhancing......
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Top Financial Technologies That Are Driving Easy Deposit Switching

Prajakta Ayade
by Prajakta Ayade0
New age financial technologies are revolutionizing the global banking industry, offering consumers unprecedented convenience and flexibility. One area where this transformation is particularly evident is in deposit switching—the process of transferring direct deposits and automatic payments from one bank account to another. Traditionally a time-consuming task, deposit switching is becoming......
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Artificial Intelligence Featured Fintech Primers

What Is Artificial Intelligence (AI)?

Pooja Choudhary
by Pooja Choudhary0
What Is Artificial Intelligence (AI)? Sounding no less than a science-fiction movie, this most talked about tech term of the decade Artificial Intelligence has brought humans so close to machines with many benefits. So, what is artificial intelligence, exactly? In Fact it is something which has now become an inherent......
What Do the Cloud, Metaverse and Zombies All Have in Common? Financial Institutions.
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What Do the Cloud, Metaverse and Zombies All Have in Common? Financial Institutions.

Cheryl Chiodi
by Cheryl Chiodi0
They say word-of-mouth generates the most genuine opinions, so it’s good to see the conference circuit opening up again to get an ear to the ground on the latest news and future trends for the financial services industry. My recent trips included the IDC Directions Conference in Boston, the CeFPro......
Future Of Payment: Top 10 Payment Trends Of Future
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Future Of Payment: Top 10 Payment Trends Of Future

Hitesh Agrawal
by Hitesh Agrawal0
The financial domain has now entirely become digital. The primary sector that sees growth here is payments. People can now select from distinct payment options born out of industrial trends like mobile payment, e-wallet, distributed ledgers, and open banking. What is the future trend in payment? Keep reading this article......
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Post Pandemic Finance – Advanced Analytics Finally Take Flight

Scott Stern
by Scott Stern0
The COVID-19 pandemic has created a series of ongoing challenges for CFOs that is reshaping their finance teams. Finance teams are now assessing revenue, costs and cash flow on a weekly, daily and even near-real time basis now to help guide current and future business decisions. From the longer ‘past......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
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Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
by Fintech News Desk1
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
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