Tag : financial institutions

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds
Artificial Intelligence Fintech News

New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds

PR Newswire
Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions. This system-agnostic plugin acts as a central copilot compatible with all web-based enterprise applications, pulling data from Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents. The new plugin enhances Lucinity’s AI......
Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status
Finance Fintech News

Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status

Business Wire
Galileo Consumer Banking Report by Datos Insights uncovers the latest consumer banking behaviors and preferences 85% of consumers say they have positive experiences with their primary financial institution (FI), yet they’re using as many tools or services with other financial providers as they are with their primary FI, according to......
AppTech-Payments-Announces-Strategic-Partnership-with-FISB-Solutions-to-Upgrade-Legacy-Banking-Systems
Finance Fintech News

AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems

GlobeNewswire
Over two hundred community banks represented by FISB to receive the latest neobank technologies AppTech Payments Corp., a pioneering Fintech company powering frictionless commerce, announces today a strategic partnership with FISB Solutions (“FISB”) whereby the Company will update the legacy core banking systems represented by FISB with the latest neobank......
New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds
Artificial Intelligence Finance Fintech News

New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds

PR Newswire
A groundbreaking generative AI copilot plugin, launched by Lucinity at Money2020 Europe, delivers immediate ROI. The copilot plugin is system-agnostic, acting as one central copilot that can be used on top of all web-based enterprise applications, pulling data from any system including Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents.......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
Plinqit Appoints Leading Fintech Executive, Tammy Wilson as Vice President of Product Management
Finance Fintech News

Plinqit Appoints Leading Fintech Executive, Tammy Wilson as Vice President of Product Management

EIN Presswire
Plinqit expands its leadership team to support continued product innovation amid rising demand for deposit growth tools. Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has named experienced financial services executive Tammy Wilson as the company’s new Vice President of Product......
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
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......
ModernFi-Announces-Integration-with-Q2's-Digital-Banking-Platform
Banking Digital Payments Finance Fintech News

ModernFi Announces Integration with Q2’s Digital Banking Platform

Business Wire
Through ModernFi’s first-of-its-kind fully integrated deposit network, banks and credit unions can now offer accounts with extended deposit insurance directly through Q2’s Digital Banking Platform to help grow, retain, and manage their deposit base. Q2 Holdings, Inc.is a leading provider of digital transformation solutions for financial services. As part of......
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