Tag : AI systems

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AI Without Guardrails: A Critical Risk for Financial Institutions

Asha Palmer
by Asha Palmer0
In finance, innovation is currency. But when it comes to artificial intelligence, innovation without governance is a liability. 90% of finance functions are expected to deploy at least one AI tool by 2026. Yet, many organizations, especially in the financial sector, are lagging in providing clear integration plans, formal policies,......
AI Accounting Just Got Smarter: Better Business Advice Breaks Down QuickBooks' Task-Focused Agents
Business Finance News

AI Accounting Just Got Smarter: Better Business Advice Breaks Down QuickBooks’ Task-Focused Agents

PR Newswire
by PR Newswire0
QuickBooks’ latest update to its AI accounting tools is being recognized as a pivotal step in reshaping small business finance operations. According to a detailed third-party review published by Better Business Advice, QuickBooks has introduced a team of task-focused AI agents capable of independently handling core accounting functions. This development marks......
Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions
Artificial Intelligence Investments News

Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions

Business Wire
by Business Wire0
Accenture has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. Read More on Fintech : Reinventing Identity Security in the Age of AI Designed for the era of agentic AI, Snorkel’s flagship......
RadarFirst Unveils Radar AI Risk, The Breakthrough Product Powering Next-Gen AI Compliance
Artificial Intelligence Finance Fintech News Risk Management

RadarFirst Unveils Radar AI Risk, The Breakthrough Product Powering Next-Gen AI Compliance

GlobeNewswire
by GlobeNewswire0
RadarFirst, a leader in regulatory risk automation, today announced the launch of Radar AI Risk, the industry’s first end-to-end solution purpose-built for AI governance under global frameworks such as the EU AI Act, with U.S. and U.K. regulations close behind. “Radar AI Risk gives enterprises a dynamic, future-ready foundation for AI......
Artificial Intelligence Featured Finance Fintech Security

Deploying AI in Regulated Industries: Why Infrastructure Matters?

Fintech Staff Writer
by Fintech Staff Writer0
Deploying AI in regulated industries—such as healthcare, finance, energy, and telecommunications—requires a nuanced and deep strategic approach. Unlike consumer-facing or unregulated applications, these sectors must comply with strict legal, ethical, and operational standards. In such environments, infrastructure plays a pivotal role not just in supporting AI models, but in ensuring......
Artificial Intelligence Blockchain Featured Finance Fintech InsurTech Machine Learning Security

Enhancing Customer Engagement through Agentic AI-Powered Virtual Insurance Advisors

Fintech Staff Writer
by Fintech Staff Writer0
Customer engagement has become a crucial differentiator in the insurance industry. Traditional methods of customer interaction often struggle to meet the growing expectations of tech-savvy clients who demand personalized, efficient, and seamless experiences. Enter Agentic AI-powered virtual insurance advisors—an innovation that leverages artificial intelligence to enhance user experience, streamline processes,......
Norm Ai Secures $48 Million to Transform Regulations into Compliance AI Agents
Artificial Intelligence Compliance management News

Norm Ai Secures $48 Million to Transform Regulations into Compliance AI Agents

PR Newswire
by PR Newswire0
$87 million raised over the past 18 months accelerating mission to transform enterprise compliance by developing new AI systems Investors in this round collectively represent more than $15 trillion in assets Compliance executives and former regulators join to lay groundwork for AI Agent Regulatory Infrastructure Norm Ai, a leading Regulatory AI agent company,......
Artificial Intelligence Cloud Compliance management Finance Fintech Guest Posts Payment gateways

AI and Data Interoperability are Crucial for Success in the Financial Industry

Yohan Lobo
by Yohan Lobo0
Businesses within the financial services sector are among the  industries leading the way in delivering AI initiatives to enhance services and improve decision-making however, rich data and strong infrastructure is the essential foundation for successful implementation. Still plagued by inefficient manual processes and lack sufficient data resources, only 31% of......
Artificial Intelligence Banking Finance Fintech Guest Posts Security

Safe AI Strategy for Community Financial Institutions: Turning Concepts into Action

Saahil Kamath
by Saahil Kamath0
By Saahil Kamath, Head of AI at Eltropy Five Guiding Principles for Responsible AI Adoption in Community Banking Community financial institutions (CFIs) have long been the bedrock of trust in local economies, offering personalized service that big banks often can’t match. Now, as artificial intelligence reshapes the financial sector, these institutions face a pivotal moment. The challenge isn’t just about adopting new technology;......
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