Tag : data analysis

VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance Technology
Fintech InsurTech News

VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance Technology

PR Newswire
by PR Newswire0
VIP Software, a leader in enterprise claims technology, is proud to announce the promotion of Nikolaos Lefkimiotis to Chief Product Officer (CPO) and the addition of Anthony Satira as Director of Analytics and Product Manager. These strategic leadership moves underscore VIP Software’s commitment to innovation and its vision to revolutionize the insurance......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

Implementing Machine Learning Algorithms for CECL Compliance

Fintech Staff Writer
by Fintech Staff Writer0
The Current Expected Credit Loss (CECL) standard, issued by the Financial Accounting Standards Board (FASB), represents a significant shift in how financial institutions estimate credit losses. Unlike the previous incurred loss model, CECL requires organizations to estimate expected losses over the entire life of financial assets, making credit risk assessment......
Solving Repetitive KYC Fatigue: Sumsub Introduces Reusable Digital Identity Product Suite
Finance Fintech News Security

Solving Repetitive KYC Fatigue: Sumsub Introduces Reusable Digital Identity Product Suite

PR Newswire
by PR Newswire0
The new offerings, Sumsub ID and Reusable KYC, enable seamless and secure identity verification across 4000+ Sumsub client platforms while protecting user data and ensuring compliance. Today Sumsub, a global full-cycle verification platform, is launching its Reusable Digital Identity product suite. It will effectively mitigate repetitive verification and redundant Know Your Customer (KYC)......
Practifi Unveils AI-Driven CRM- Strategy to Power the Future of Wealth Management
Artificial Intelligence Fintech News

Practifi Unveils AI-Driven CRM- Strategy to Power the Future of Wealth Management

Business Wire
by Business Wire0
Upcoming AI-Powered Enhancements to Enable Wealth Management Firms to Build Stronger Client Relationships and Drive Exceptional Growth Practifi, the leading CRM purpose-built for wealth management firms, announced its commitment to integrating artificial intelligence (AI) across its platform, empowering financial advisors to enhance client relationships, streamline operations and drive new levels......
Findevor Launches Transformative Agentic AI Platform to Unlock $150 Billion in Market Value for Insurance Carriers
Artificial Intelligence Commerce Digital Payments Finance Fintech News Property

Findevor Launches Transformative Agentic AI Platform to Unlock $150 Billion in Market Value for Insurance Carriers

PR Newswire
by PR Newswire0
Findevor’s PRO-AI empowers insurers with AI-powered data intelligence to uncover missed opportunities to write new business within their risk appetite. Findevor, an innovative AI-first company based in New York City, announced the launch of its groundbreaking PRO-AI platform. This platform is designed to tackle $150 billion in annual revenue and......
Artificial Intelligence Blockchain Digital Payments Featured Finance Fintech Security

Future of Financial Disbursements: Integrating AI for Personalized Payment Solutions

Fintech Staff Writer
by Fintech Staff Writer0
One of the most exciting developments in the financial world is the integration of Artificial Intelligence (AI) into payment systems, paving the way for personalized solutions tailored to individual needs. This innovation not only enhances convenience but also improves efficiency, security, and accessibility in financial transactions. The future of financial......
Rocktop Technologies Launches ForeSight to Optimize Foreclosure Timelines
Finance Fintech News Robotic Process Automation

Rocktop Technologies Launches ForeSight to Optimize Foreclosure Timelines

Business Wire
by Business Wire0
New Solution Provides Servicers and Foreclosure Counsel with Faster Paths to Referral and First Legal Action Rocktop Technologies (Rocktop), a Solutions-as-a-Service company, today announced ForeSight, a first-of-its-kind process automation solution driving the costs and inefficiencies out of foreclosure management. The solution coincides with a recent year-over-year uptick in residential mortgage......
Artificial Intelligence Banking Featured Fintech Machine Learning Risk Management

AI-Driven Insights for Hedge Funds: Customizing Algorithms for Increased Benefits

Fintech Staff Writer
by Fintech Staff Writer0
Hedge funds rely on vast amounts of financial data to help make investment decisions, and traditional methods of analysis often fall short in extracting actionable insights from this deluge of information. This is where artificial intelligence (AI) comes in, enabling hedge funds to harness advanced technologies for more accurate, timely,......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Artificial Intelligence Banking Finance Fintech Guest Posts

Keeping up with AI in Accounting: 5 Crucial Skills to Learn

Paul Wnek
by Paul Wnek0
By Paul Wnek, founder, CEO and principal solutions architect at Expand AP A recent World Economic Forum survey showed 85 percent of financial services organizations were using some form of AI and 77 percent believe that AI will become an essential part of their business in the next two years.......
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