Tag : AI

Three Ways To Fight Bank Fraud
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Three Ways To Fight Bank Fraud

Cheryl Chiodi
by Cheryl Chiodi0
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
Kharon And FinScan Partner To Deliver Critical Addition To KYC And AML Compliance
Artificial Intelligence Business Fintech News

Kharon And FinScan Partner To Deliver Critical Addition To KYC And AML Compliance

Fintech News Desk
by Fintech News Desk0
Kharon, the research and data analytics company focused on security threats and other controversies that impact global commerce and finance, and FinScan, a global provider of AML/KYC consulting and compliance screening and monitoring solutions, today announced they have partnered to deliver curated regulatory risk datasets to customers. Read More: Atreyu......
Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America
Artificial Intelligence Business Fintech Fintech Funding InsurTech News

Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America

Fintech News Desk
by Fintech News Desk0
Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play.......
NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions
Artificial Intelligence Business Fintech News

NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions

Fintech News Desk
by Fintech News Desk0
Customers want hyper-individualized financial services. They’re even willing to share personal data and pay more as a tradeoff. According to research findings released today by NTT DATA, there is ample opportunity for financial institutions to harness the power of AI to build more meaningful connections and experiences with customers — vastly......
B. Riley Financial Completes Acquisition of National Holdings Corporation, Creates Meaningfully Enhanced Wealth Management Platform
Artificial Intelligence Business Fintech Machine Learning News

Ontario Systems Acquires Pairity to Embed the Power of Machine Learning in Its Industry-Leading Collections Technology

Fintech News Desk
by Fintech News Desk0
Ontario Systems, a leading provider of enterprise software that automates complex workflows, accelerates revenue recovery and simplifies the payment process for healthcare, accounts receivable management (ARM) and government clients, today announced its acquisition of Pairity, a cutting-edge provider of artificial intelligence (AI) and machine-learning capabilities that allow collection teams to......
Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds
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Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds

Fintech News Desk
by Fintech News Desk0
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion
Artificial Intelligence Banking Fintech Fintech Funding News

Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion

Fintech News Desk
by Fintech News Desk0
Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for Insurance and Banking, has announced $75M in growth funding with a pre-money valuation of $1B. The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round. The......
Joy Wallet Survey Reveals COVID-19's Impact on U.S. Employment (2021)
Artificial Intelligence Banking Fintech News Risk Management Robotic Process Automation

Open Banking Reporter Rolls Out Business Viability Modelling Service For Lenders

Fintech News Desk
by Fintech News Desk0
OBR, a data-driven risk management fintech, has teamed up with data science company Profusion and AI-driven platform for infusing analytics everywhere Sisense to launch a new platform to help lenders provide greater support to SMEs. The platform, called OpenRep, uses Open Banking Data and predictive modelling to provide financial institutions......
Swedish Open Insurance Platform Insurely Secures €2.5 Million in New Funding
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Swedish Open Insurance Platform Insurely Secures €2.5 Million in New Funding

Fintech News Desk
by Fintech News Desk0
Insurtech company, Insurely — striving for global leadership within Open Insurance — announces it has successfully secured EUR 2.5 million in new funding. Read More: GrowthForce Releases Video On How Businesses Grow FromA Challenging Year To A Prosperous Future The financial round was led by well-renowned Swedish Venture Capital firm,......
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