Tag : Machine Learning

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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......
Datos Insights Spotlights Best-in-Class Data and Fraud Orchestration Capabilities of the Provenir AI Decisioning Platform
Artificial Intelligence Finance Fintech News

Datos Insights Spotlights Best-in-Class Data and Fraud Orchestration Capabilities of the Provenir AI Decisioning Platform

Business Wire
by Business Wire0
The platform enables organizations to stay ahead of fraud threats, with readily available data sources that can be easily integrated into decisioning workflows, AI model creation, and monitoring As fraudsters continue to exploit any weaknesses in financial services systems, financial institutions must stay ahead of fraud threats, necessitating an integrated......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Machine Learning Security

The Architecture of Push-to-Card Payments: How Real-Time Transactions Are Processed Globally

Fintech Staff Writer
by Fintech Staff Writer0
Push-to-Card Payments have emerged as a game-changing solution for real-time money transfers. Unlike traditional pull-based card transactions, which require a recipient to initiate a request for funds, push-to-card payments allow a sender to directly transfer funds to a recipient’s card account. This technology is revolutionizing peer-to-peer (P2P) payments, payroll disbursements,......
FlexTecs Expands Proprietary Payment Accuracy Platform with FlexTrap Statement Reconciliation
Artificial Intelligence Digital Payments Fintech Machine Learning News

FlexTecs Expands Proprietary Payment Accuracy Platform with FlexTrap Statement Reconciliation

Business Wire
by Business Wire0
New Brand, Website and Updated User Experience Reinforce Commitment to Smarter, Scalable Recovery Audit Solutions FlexTecs, a leader in recovery audit, contract compliance and payment accuracy solutions announces the expansion of FlexTrap, an AI and machine learning software solution designed to detect, prevent and reconcile payment discrepancies. Initially introduced with a......
Artificial Intelligence Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

Data Governance and Data Quality Best Practices for Modern Fintech Users

Fintech Staff Writer
by Fintech Staff Writer0
In the world of financial technology (FinTech), maintaining data quality is crucial, especially in rapid scaling environments. High-quality data supports accurate decision-making, regulatory compliance, and optimized customer experiences, which are central to a FinTech’s success. As these companies grow, they face increasing data volume and complexity, creating challenges in data......
OmniOn Power Introduces New Osprey-Series Non-Isolated Bus Converters for AI Server Applications
Artificial Intelligence News Technology

OmniOn Power Introduces New Osprey-Series Non-Isolated Bus Converters for AI Server Applications

Business Wire
by Business Wire0
2-kilowatt (kW), 1.6kW, 1.3kW DC/DC converters achieve full load efficiency exceeding 97% at 12VDC output. Compact design with industry-standard, modified DOSA digital quarter-brick sizes for more power in less space. To meet the growing power demands of applications including artificial intelligence (AI), large language models (LLMs), and machine learning (ML), OmniOn......
Anti-money Laundering Pros Find Expanding Uses for AI. But Adoption Remains Slow.
Artificial Intelligence News Technology

Anti-money Laundering Pros Find Expanding Uses for AI. But Adoption Remains Slow.

PR Newswire
by PR Newswire0
Global ACAMS survey by SAS and KPMG reflects that AI and ML integration is on the way – but won’t happen overnight Using AI technology in anti-money laundering (AML) processes has become critical for financial institutions as they work to comply with regulations and combat financial crime. Even so, a......
RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI
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RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI

GlobeNewswire
by GlobeNewswire0
RapidCents, the payment processing platform, that specializes in secure transactions and automated billing, has announced an expansion to better serve merchants across North America. The investment aims to cover the development of the application and the investment of USD 500,000 in advanced AI infrastructure and specialized hardware + GPUs, according......
Trumid Appoints Industry Leader Ryan Gwin as Head of Data Solutions
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Trumid Appoints Industry Leader Ryan Gwin as Head of Data Solutions

PR Newswire
by PR Newswire0
Gwin to play a leading role in collaborating with Trumid clients around data, analytics, and automation Trumid, a financial technology company and leading fixed income electronic trading platform, announced the appointment of Ryan Gwin as Head of Data Solutions, continuing the expansion of Trumid’s Data & Intelligence, and Automation teams. In......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Machine Learning

Why Forward-Thinking CFOs Are Banking on AI

Fintech Staff Writer
by Fintech Staff Writer0
Chief Financial Officers (CFOs) are no longer confined to traditional roles of number crunching with the evolving technology world. They have transformed into strategic leaders who are pivotal in driving innovation, enhancing operational efficiency, and fostering growth within organizations. As economic volatility escalates, the pressure on CFOs to balance digital......
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