Tag : Artificial Intelligence

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RegTech for a Globalized World: How RegTech Helps With Cross-Border Regulatory Challenges

Understanding RegTech RegTech, short for Regulatory Technology, refers to the application of innovative technology to improve the efficiency and effectiveness of regulatory compliance. It encompasses a wide range of technologies including artificial intelligence (AI), blockchain, big data analytics, and machine learning. These technologies help organizations manage regulatory requirements, streamline compliance......
nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions
Banking News

nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions

GlobeNewswire
Company’s Gen AI tool, powered by nCino IQ (nIQ), delivers real-time intelligence and optimizes decision-making with data-driven insights for financial institutions across asset sizes and geographies Participants of Banking Advisor’s closed beta testing Product Design Program finding efficiency gains through employee time savings and proactive portfolio management nCino, a pioneer......
44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats
Banking News

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats

Business Wire
GFT’s Banking Disruption Index Reveals Consumers Are Receptive to Automated Saving Advice and Fraud Detection, But Aren’t Sure About Complex Integrations U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation......
Technium Integrates AI and Blockchain to Optimize Global Computing Power Demand
Artificial Intelligence Blockchain News

Technium Integrates AI and Blockchain to Optimize Global Computing Power Demand

GlobeNewswire
Technium International Limited is excited to announce its latest innovation that combines artificial intelligence (AI) and blockchain technology to address the skyrocketing global demand for computing power. By integrating these cutting-edge technologies, Technium aims to optimize resource utilization and enhance the efficiency of decentralized networks, setting a new benchmark in......
Artificial Intelligence Blockchain Digital Payments Digital Wallet Featured Finance Fintech Security

Impact of GDPR and CCPA on RegTech

Prajakta Ayade
Data privacy regulations have significantly impacted the way businesses operate globally. Two prominent regulations, the General Data Protection Regulation (GDPR) implemented in the European Union (EU) in 2018 and the California Consumer Privacy Act (CCPA) enacted in California, USA in 2018, have fundamentally changed how organizations handle personal data. These......
Nexus Closes $25M Series A to Enable Verifiable Computation via Zero-Knowledge Cryptography
Finance Fintech Investments News

Nexus Closes $25M Series A to Enable Verifiable Computation via Zero-Knowledge Cryptography

PR Newswire
Co-led by Lightspeed Venture Partners and Pantera Capital, Nexus is pioneering zero-knowledge proofs to advance critical digital infrastructure, optimizing for next-generation performance Nexus Laboratories, Inc. (Nexus), a zero-knowledge cryptography company, today announced it secured $25 million in Series A financing co-led by Lightspeed Venture Partners and Pantera Capital. The round included participation......
MSCI Transforms Risk Analytics for the Future With New GenAI-Powered Tool and Modelling Technology
Analytics Investment Services News

MSCI Transforms Risk Analytics for the Future With New GenAI-Powered Tool and Modelling Technology

Business Wire
MSCI AI Portfolio Insights and Macro Finance Analyzer will help investors identify, manage, and analyze data-driven portfolio risks MSCI, a leading provider of mission-critical decision support tools and services for the global investment community, launched MSCI AI Portfolio Insights. Combining generative artificial intelligence (“GenAI”) with MSCI’s award-winning analytics tools and......
Forward Announces $16M Seed Round Led by Commerce Ventures, Elefund and Fiserv
Digital Payments Fintech News

Forward Announces $16M Seed Round Led by Commerce Ventures, Elefund and Fiserv

PR Newswire
Founded by software industry veterans, Forward partners with SaaS companies to increase their revenue by two to three times by adding payments as a product. Forward, a technology partner empowering SaaS companies to integrate and monetize payments, announced $16M in seed financing. The round was led by Commerce Ventures, Elefund, and Fiserv.......
Caseware Introduces AiDA: The AI-Powered Digital Assistant Changing the Face of Accounting and Audit
Finance News

Caseware Introduces AiDA: The AI-Powered Digital Assistant Changing the Face of Accounting and Audit

PR Newswire
Caseware International, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, is delighted to announce the pre-launch availability of Caseware AiDA, its Artificial Intelligence digital assistant. As the latest enhancement to the industry-leading Caseware Cloud platform, AiDA complements Caseware’s comprehensive suite of solutions created with accounting, audit......
Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services
Artificial Intelligence Fintech News

Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services

PR Newswire
The proliferation of artificial intelligence (AI) has afforded banks a multitude of benefits through its automation capabilities, such as efficiency gains, cost savings, and a boost for product innovation and development. According to new research from Omdia, the foremost AI use case in terms of software revenue is virtual assistants, which are projected to generate......
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