Tag : finance industry

EquiLend Launches Short Squeeze Score to Help Market Participants Stay Ahead of Volatility
Finance Fintech News

EquiLend Launches Short Squeeze Score to Help Market Participants Stay Ahead of Volatility

PR Newswire
by PR Newswire0
New metric empowers market participants to proactively monitor short squeeze risk by leveraging combined insights from market behavior, securities finance activity and social sentiment. EquiLend, the global leader in data and technology for the securities finance industry, has announced the launch of its Short Squeeze Score – a unique trading signal designed......
FloQast Launches Auditable AI Agents to Bridge the Talent Gap and Elevate Accountants from Preparers to Strategic Reviewers
Artificial Intelligence Fintech News

FloQast Launches Auditable AI Agents to Bridge the Talent Gap and Elevate Accountants from Preparers to Strategic Reviewers

GlobeNewswire
by GlobeNewswire0
First-to-market AI capability enables accounting teams to automate recurring workflows; new FloQast Transform product empowers customers to build their own bespoke AI agents FloQast, an Accounting Transformation Platform created by accountants for accountants, announced the launch of FloQast AI Agents, a groundbreaking, auditable AI capability that, for the first time......
Artificial Intelligence Finance Fintech Guest Posts Security Trading

Addressing the Cybersecurity Challenges in Finance’s Adoption of AI Agents

Ben Kliger
by Ben Kliger0
The adoption of AI agents has become prevalent in various industries, including finance. AI agents can operate intelligently and autonomously, such as customer service agents or financial trading bots that analyze markets and execute trades without human input. However, they can also create cybersecurity and compliance challenges. The finance industry......
Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service
Artificial Intelligence Digital Payments Finance Fintech News

Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service

PR Newswire
by PR Newswire0
Assist.AI boosts efficiencies and bridges the knowledge gap in trade finance, enabling banks to focus on strategic projects Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI......
Finance Fintech Guest Posts Payment gateways Risk Management

GenAI in Fintech: Mitigating Risk and Maximizing Value

Gaurav Passi
by Gaurav Passi0
According to Thompson Reuters, more than one-third of professionals in regulated industries are hesitant about GenAI, and nearly half have no plans to use the technology. While GenAI has enormous potential to revolutionize the way we all work, this uneasiness is perfectly logical, especially for the finance industry. GenAI hallucinations......
Compliance management Finance Fintech Guest Posts

Complaint Management and Compliance: Where AI and the Human Touch Coalesce in Fintech

John Sun
by John Sun0
The finance industry has officially entered the era of artificial intelligence (AI), with nearly two in every three Americans indicating that they want more AI embedded into their financial services. Today, fintech companies are using AI for everything from fraud detection, to credit scoring, to automating tasks and customer support.......
Artificial Intelligence Banking Finance Fintech Guest Posts Investments

Going Green: It’s Time to Fix Financial Services’ Carbon Footprint

Leslie Kanthan
by Leslie Kanthan0
By Dr. Leslie Kanthan, CEO and Co-founder, TurinTech Enterprise technology is a big contributor to carbon emissions in most major sectors, and financial services is no exception. For example, according to McKinsey’s 2022 report The green IT revolution: A blueprint for CIOs to combat climate change, financial services’ IT technology......
AI Will Not Replace Auditors, But Empower Them
Artificial Intelligence News

AI Will Not Replace Auditors, But Empower Them

PR Newswire
by PR Newswire0
DataSnipper, the leading intelligent automation platform for audit and finance professionals, today released its new AI Report 2024. This in-depth report explores the transformative impact of artificial intelligence on the audit and finance industry, providing a comprehensive analysis of how AI is revolutionizing workflows, enhancing productivity, and improving job satisfaction across......
Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI
Artificial Intelligence Finance News

Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI

Business Wire
by Business Wire0
Informed.IQ, the fastest growing technology supplier of AI verification software to the finance industry, and Fuse, a next-generation loan origination system (LOS), announced they’ve launched an integrated solution that powers streamlined verifications and fraud detection for financial institutions. “This integration marks a significant milestone in our mission to revolutionize software......
New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid
Mortgage News

New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid

GlobeNewswire
by GlobeNewswire0
FHLBank San Francisco and Urban Institute collaboration delves into evolving role of AI in mortgage finance industry, issues recommendations for pursuing equitable outcomes The Black-white homeownership gap is wider than it was in 1960, sitting at nearly 30 percentage points, and the rapid adoption of Artificial Intelligence (AI) puts the......
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