Tag : workforce

Analytics Artificial Intelligence Compliance management Fintech Guest Posts Payment gateways

How Financial Institutions Can Effectively Navigate the Implications of CECL

Danielle Sesko
by Danielle Sesko0
With Current Expected Credit Loss (CECL) requiring institutions to estimate and recognize credit losses upfront, financial leaders must navigate a complex new landscape as this shift could significantly impact loan portfolios, regulatory compliance and long-term strategies – creating potential hurdles for financial institutions. Despite these bumps along the way, CECL......
Artificial Intelligence Cloud Compliance management Finance Fintech Guest Posts Payment gateways

AI and Data Interoperability are Crucial for Success in the Financial Industry

Yohan Lobo
by Yohan Lobo0
Businesses within the financial services sector are among the  industries leading the way in delivering AI initiatives to enhance services and improve decision-making however, rich data and strong infrastructure is the essential foundation for successful implementation. Still plagued by inefficient manual processes and lack sufficient data resources, only 31% of......
iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication
Fintech News Security

iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication

Business Wire
by Business Wire0
iProov, a leading provider of science-based biometric identity solutions, delivered its quarterly business update, highlighted by a surge of 63% in transaction volume on its platform compared with the same timeframe last year. The identity verification market is showing consistent growth, fueled by the rapid digitization of services, and the......
BDO Survey Finds AI is Expected to Unlock More Efficient Audits, but Can't Replace Human Element
Finance Fintech News

BDO Survey Finds AI is Expected to Unlock More Efficient Audits, but Can’t Replace Human Element

Business Wire
by Business Wire0
Companies rely on advanced technology to bolster the audit process amid talent shortages and data management challenges Finance leaders believe technology can improve audit quality: Just over half of respondents anticipate technology will enhance audit quality (54%); however, finance leaders continue to place high importance on auditor industry knowledge and......
Agency Professionals Provide Insights on the Hard Market, Technology and Talent in Vertafore’s 2024 Report on the Insurance Workforce
InsurTech News

Agency Professionals Provide Insights on the Hard Market, Technology and Talent in Vertafore’s 2024 Report on the Insurance Workforce

PR Newswire
by PR Newswire0
Survey respondents emphasize passion for helping clients is still high as professionals navigate trends impacting their business Vertafore, the leader in modern insurance technology, released its 2024 insurance workforce survey report: “The insurance agency workforce: Talent, tech, and the hard market.” Based off responses from nearly 2,000 professionals at independent......
Experian Secures Workday Certified Integration for Its Work Opportunity Tax Credit Solution
Fintech News

Experian Secures Workday Certified Integration for Its Work Opportunity Tax Credit Solution

Business Wire
by Business Wire0
Latest integration enhances job candidate experience and provides Workday customers with real-time WOTC eligibility determination through Experian Employer Services In a move to improve the candidate experience, foster a more diverse workforce and help employers enhance their tax benefits, Experian announced it has achieved Workday Certified Integration status for its......
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
by PR Newswire0
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......
New U.S. Workforce Report: Nearly 70% of Family Caregivers Report Difficulty Balancing Career and Caregiving Responsibilities, Spurring Long-Term Impacts to U.S. Economy
Finance Fintech News

New U.S. Workforce Report: Nearly 70% of Family Caregivers Report Difficulty Balancing Career and Caregiving Responsibilities, Spurring Long-Term Impacts to U.S. Economy

PR Newswire
by PR Newswire0
Access to caregiving benefits offered by US employers has increased nationwide since AARP and S&P Global’s 2020 report; there is more to be done, however, particularly for adult caregivers. New analysis of a survey conducted in 2023 by AARP and S&P Global shows that the unpredictable nature of caregiving for an adult is......
Fiserv-Corporate-Social-Responsibility-Report-Highlights-Progress-on-Commitment-to-Sustainable-Business
Finance Fintech News

Fiserv Corporate Social Responsibility Report Highlights Progress on Commitment to Sustainable Business

Business Wire
by Business Wire0
Positive steps taken to Empower People, Advance Communities and Society, Champion Responsible Business Practices and Invest in Sustainable Systems Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today published the 2023 Fiserv Corporate Social Responsibility (CSR) Report, providing insight into the evolution of its......
Finastra Hires Chief Technology Innovation Officer
Fintech News

Finastra Hires Chief Technology Innovation Officer

Fintech News Desk
by Fintech News Desk0
Mike Stawchansky to drive all customer technology and innovation initiatives Finastra announced the appointment of Mike Stawchansky to the role of Senior Vice President, Chief Technology Innovation Officer. Mike is working in the Office of the CEO and is responsible for Finastra’s customer technology and innovation initiatives.  Mike said, “I......
1