Tag : organizations

Analytics Artificial Intelligence Compliance management Featured Finance Fintech Payment gateways Security

Developing AI Models to Identify and Mitigate Emerging Financial Fraud Schemes

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has transformed financial systems, enabling faster transactions and seamless access to services. However, these advancements have also opened the door for increasingly sophisticated emerging financial fraud schemes. To combat these threats, organizations are leveraging artificial intelligence (AI) to develop advanced models capable of identifying......
Artificial Intelligence Banking Compliance management Featured Finance Fintech Payment gateways

Bridging the Gap Between Legacy Systems and Modern Fintech Applications with AI

Fintech Staff Writer
by Fintech Staff Writer0
The financial industry is undergoing rapid digital transformation, with modern fintech applications driving innovation in banking, payments, lending, and investment management. However, many financial institutions still rely on legacy systems—outdated but mission-critical software and hardware that underpin their operations. These legacy systems pose significant challenges, such as limited scalability, lack......
Survey Finds Misalignment Between Top Risks and Internal Audit Efforts
Finance Fintech News Risk Management

Survey Finds Misalignment Between Top Risks and Internal Audit Efforts

Business Wire
by Business Wire0
Key findings suggest one in three organizations won’t be ready for The Institute of Internal Auditors’ Global Internal Audit Standards January 2025 deadline. AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced the results of a new research report, 2025 Focus on the Future: Inflection......
Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance Automation
Finance Fintech News

Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance Automation

GlobeNewswire
by GlobeNewswire0
Research reveals gaps and challenges to optimize tax and finance for business growth Vertex, a global provider of tax technology solutions, announced a new survey revealing auatomation and digital transformation are top priorities for driving business growth in tax and finance, but many organizations still have work to do. The......
Zil Money’s API Simplifies Payments and Enhances Business Efficiency
Digital Payments Fintech News

Zil Money’s API Simplifies Payments and Enhances Business Efficiency

EIN Presswire
by EIN Presswire0
Zil Money, a leading digital payment solution provider, has upgraded its API to redefine how businesses manage payments and streamline financial operations. The leading payment platform’s APIs are specially designed to simplify financial transactions as it allows businesses of all sizes easily integrate efficient payment solutions directly into their existing software and......
Spring Labs Unveils Zanko ComplianceAssist, Helping Financial Service Firms Ease Compliance
Finance Fintech News

Spring Labs Unveils Zanko ComplianceAssist, Helping Financial Service Firms Ease Compliance

PR Newswire
by PR Newswire0
New Module Leverages Company’s Leading Conversational AI Capabilities to Expedite Complaint Resolution Complaint management is a crucial aspect of customer service and risk management in the financial services sector. These firms—including traditional banks, fintechs and insurance companies—must adhere to various regulations and standards that require them to handle complaints in......
SutiSoft Unveils Cutting-edge Expense Management Software with Auto-Capture Technology, AI-Driven Expense Tracking, & More
Artificial Intelligence News Technology

SutiSoft Unveils Cutting-edge Expense Management Software with Auto-Capture Technology, AI-Driven Expense Tracking, & More

PR Newswire
by PR Newswire0
SutiSoft announces the launch of its new version to further streamline expense reporting and empower organizations to take control of their spending like never before. With user-centric features, SutiSoft’s latest offering delivers unmatched precision, automation, and insights—setting a new standard in the world of expense management. Experience seamless financial management......
Payments Automation Leader, DocuPhase, Hires Trey Tramonte as CRO
Digital Payments News

Payments Automation Leader, DocuPhase, Hires Trey Tramonte as CRO

PR Newswire
by PR Newswire0
DocuPhase is pleased to announce that Trey Tramonte will be joining their organization as the new Chief Revenue Officer. Mr. Tramonte is an experienced executive leader with a demonstrated history of crafting successful go-to-market strategies, scaling teams, and leading organizations through periods of hypergrowth. More recently, Mr. Tramonte was the Senior Vice......
Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction
Fintech News Security

Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction

Business Wire
by Business Wire0
In its study “The New Imperative: Digital IDs,” Regula, a global developer of forensic devices and identity verification solutions, reveals that most organizations globally anticipate a notable reduction in identity fraud after implementing digital IDs. However, the study also highlights varying expectations across different regions regarding the extent of this......
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