CB Insights

JULY 6, 2021

Future of Fintech is back for an in-person and online experience helping you understand: New Technologies: from AI to APIs, the tech making financial services better for consumers/the tech institutions must consider to drive digitization efforts. The post Future of Fintech 2021 appeared first on CB Insights Research.

FinTech 69

FinTech API AI Research 69

The Fintech Times

JUNE 27, 2024

Despite the rapid rise of AI technology in finance, nearly a fifth of UK finance decision-makers still rely on Excel as their primary tool for processing invoices, a Yooz report has revealed. The post Yooz Study Reveals UK Finance Departments Embracing AI While Holding on to Excel appeared first on The Fintech Times.

AI 59

AI Finance Automation P2P 59

PYMNTS

JUNE 30, 2017

Ford Motor, the car manufacturer, has created a new robotics and AI research team that will be housed under Ford’s Research and Advanced Engineering department. The new unit will work with Argo AI, a startup that Ford invested in for a majority stake earlier in 2017. Founded by former Alphabet Inc.

Research 51

Research AI Automation Technology 51

CB Insights

JUNE 21, 2021

Future of Fintech 2021 (October 5-6, NYC) will provide updates on this activity and in-depth analysis on important trends driving financial services. AI in financial services . The post 17 Key Trends Covered At Future Of Fintech 2021 appeared first on CB Insights Research. Big tech’s push into financial services.

FinTech 74

FinTech Cross-Border Payments Cross-Border Real Time Payments 74

CB Insights

SEPTEMBER 28, 2021

That’s why we’ve put together all of our top research on big tech’s strategies and ambitions, including deep dives in areas like financial services and healthcare. The Race For AI: Which Tech Giants Are Snapping Up Artificial Intelligence Startups? DOWNLOAD THE BEST OF OUR BIG TECH RESEARCH. First name.

AI 64

AI Research Acquirers FinTech 64

PYMNTS

DECEMBER 9, 2020

There are countless technologies banks are employing to help them in this task, but none are as effective as artificial intelligence (AI). The practical applications for AI extend far beyond credit risk assessment and detection, however.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

The Fintech Times

DECEMBER 11, 2023

As much as 75 per cent of banking executives believe their industry will be significantly impacted by generative AI; according to the SaaS cloud banking solution provider, Temenos. In the report, Temenos also found that around 30 per cent of jobs currently being advertised in the European banking sector mention AI.

AI 59

AI On-Demand FinTech Acquirers 59

Nanonets

AUGUST 6, 2024

Here’s how retrieval augmented generation makes magic with simple AI workflows: Knowledge Base (Input) : Think of this as a big library full of useful stuff—FAQs, manuals, documents, etc. This fusion allows the AI system to provide responses that are not only contextually apt but also based on the most current data.

AI 52

AI Database Payment APIs and Integration Automation 52

CB Insights

MARCH 14, 2022

Findem , an AI-driven recruiting platform, has raised $30M in a Series B. AI funding doubled in 2021. The post AI-driven recruiting software provider Findem raises $30M. appeared first on CB Insights Research. Download the free report to get all the trends.</div> onFormReady: function ($form) {.

AI 60

AI Participant Posting Research 60

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations.

AI 52

AI Regulations Legal Framework Non-Bank 52

FICO

DECEMBER 8, 2020

Every year, the financial technology industry eagerly awaits the Chartis Research RiskTech100. This prestigious ranking of the top 100 players in risk technology is determined by Chartis Research , the leading provider of research and analysis on the global market for risk and finance technology. Looking forward to 2021.

AI 52

AI Innovation Financial Crimes Crime 52

FICO

NOVEMBER 11, 2020

FICO has announced its panel of independent judges for the 2021 FICO® Decisions Awards which honor clients achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Nominations are due December 4, 2020, and winners will be announced January 22, 2021.

Liquidity Risk 52

Liquidity Risk Regulatory Compliance Financial Inclusion Risk 52

PYMNTS

DECEMBER 21, 2020

The pandemic is accelerating digital and drive-thru innovations for numerous QSRs, with Taco Bell’s first mobile-only pickup restaurant expected to open in Q1 2021, for example. Research reveals that some consumers will return to eateries after a vaccine is widely distributed, but it is unclear to what extent dine-in service will rebound.

AI 120

AI Contactless Payments Innovation Research 120

PYMNTS

JANUARY 13, 2020

As 2020 gets into full swing, artificial intelligence (AI) is in a peculiar position. You can bet on its arrival during the 2020s though — at least according to the message sent as part of the latest PYMNTS Masterclass with Brighterion , an AI-focused company owned by Mastercard. One key to getting over the starting line for AI?

Credit Risk 83

Credit Risk AI Risk Issuers 83

The Fintech Times

APRIL 10, 2024

Research from CB Insights , the business analytics platform, has revealed that global fintech funding in Q1’24 shows worrying trends for the rest of the year. The research published indicates that since 2021, fintech funding has dropped considerably. 2023 saw another drop with only 3,973 deals and $40.5billion in funding.

FinTech 116

FinTech Consulting Due Diligence AI 116

PYMNTS

SEPTEMBER 24, 2018

Recently published research noted global fraud losses could top $6 billion by 2021, more than doubling the $3 billion lost worldwide in 2015. An AI-Assisted Approach. The cybersecurity market is now worth $120 billion, according to 2018 research , a roughly 13,500 percent increase compared to a decade earlier.

AI 78

AI Account Takeovers Data Breach Cybersecurity 78

Fintech News

JUNE 3, 2024

In the region, slightly over 50% of issuers currently have standalone cyber insurance, and though the figure represents a considerable improvement from 38% in 2021, it is still way behind regions like the Americas where 85% of issuers are cyber insurance coverage. trillion annually by 2025.

Ransomware 102

Ransomware APACS Cybersecurity AI 102

CB Insights

MARCH 28, 2022

AI funding doubled in 2021. appeared first on CB Insights Research. Download the free report to get all the trends.</div> </div> </div> <script charset=”utf-8″ type=”text/javascript” src=”//js.hsforms.net/forms/v2.js”></script> hbspt.forms.create({.

Compliance 63

Compliance Security AI Participant 63

PYMNTS

JANUARY 12, 2021

Nowhere is that dynamic more prevalent right now than at CES 2021, the all-virtual Consumer Electronics Show, where hundreds of companies — large, small, foreign and domestic — are currently vying to wow the world with an array of new product launches and high-tech innovations. A Smarter Bath And Toilet.

Product 64

Product Innovation Technology Consumer 64

FICO

SEPTEMBER 16, 2020

FICO’s Integrated AML Compliance Survey has revealed that while the vast majority of banks in more than 11 countries around the Asia Pacific region believe that AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology. Investment in compliance technology.

Money Laundering 52

Money Laundering Financial Crimes AI APACS 52

Fintech News

JANUARY 30, 2024

billion, expanding at a CAGR of more than 58% between 2023 and 2027, as indicated by a 2023 study from The Business Research Company. The Role of AI in Payment Services The introduction of artificial intelligence (AI) in the payments sector has brought a plethora of benefits. billion in 2022, it is expected to increase to US$3.07

Payments Trends 116

Payments Trends Digital Currency Cross-Border Payments Instant Payments 116

The Fintech Times

FEBRUARY 14, 2024

Gartner predicts that the expenditure in the AP automation and supplier e-invoicing software sectors is expected to reach almost $1.75billion by 2026, experiencing a compound annual growth rate (CAGR) of 14 per cent, compared to the approximately $925million recorded in 2021. AI engines learn to precisely identify the correct supplier.

Automation 103

Automation Process Duplicate Compliance 103

Finovate

JULY 3, 2024

Previous quarterly comparisons Q2 2023: More than $209 million raised by 10 alums Q2 2022: More than $984 million raised by eight alums Q2 2021: More than $2.8 The company made its Finovate debut in 2021 , demoing Sunglow , its Super App for Banking. April: More than $43 million raised by two alums AI Squared : $13.8

Posting 59

Posting FinTech Participant AI 59

FICO

FEBRUARY 27, 2023

15 companies recognized for successful innovation in AI, machine learning and decision management Saxon Shirley Mon, 02/27/2023 - 08:09 by Nikhil Behl expand_less Back To Top Mon, 02/27/2023 - 08:00 2023 FICO Decisions Award Winners - Decisions That Matter It's with great enthusiasm that I reveal the victors of the 2023 FICO® Decisions Awards !

Financial Inclusion 98

Financial Inclusion AI Credit Cards Research 98

FICO

APRIL 3, 2023

The AI-powered algorithms involved have been used to solve a variety of problems, improve supply chains, mobilize teams, and solve other challenges for all types of businesses and industries. This work benefits industry-specific applications worldwide, and participating in the research helps us at FICO develop our Xpress optimization tools."

Research 97

Research AI Innovation Product 97

Finovate

JULY 9, 2024

Adrenaline’s Connected Intelligence is an online platform that supports the access, analysis, visualization, storage, management, receipt, and distribution of market analysis and research. ” Founded in 2021, Curinos made its Finovate debut at FinovateSpring 2023 in San Francisco.

Credit Union 59

Credit Union Community Banks AI Volume 59

PYMNTS

JUNE 27, 2018

The age of intelligence has arrived — artificial intelligence (AI), that is. The global market for AI and machine learning (ML)-enabled solutions is currently valued at $12 billion, per some recent projections , and set to be worth more than $57 billion by 2021. An Appetite For AI.

AI 59

AI Treasury Management Use Case Treasury 59

FICO

MARCH 2, 2021

Right now, there has never been a better time to plug into pre-emptive, automated and AI-driven customer management. But there’s also a salutary tale here, as our research shows that failure to serve customers satisfactorily will simply see them switch to a competitor – and once they’ve gone, they’ve gone for good. AI Adds Context.

AI 52

AI Risk Credit Cards Assessments 52

CB Insights

MAY 20, 2021

The company witnessed a 40x revenue growth in 2020 and projects a 400% increase in 2021, owing to a strong Q1’21. Extend sold more than 300,000 protection plans in 2020 and expects to sell more than 3M plans in 2021. Want the full post? Become a CB Insights customer. If you’re already a customer, log in here.

PayPal 73

PayPal API Participant AI 73

The Fintech Times

DECEMBER 18, 2023

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

The Fintech Times

JUNE 18, 2024

That is equivalent to almost 20 per cent of their market capitalisation, according to research from Anmut, a strategic data asset management company. BlueFlame AI , the generative AI platform for alternative investment managers, has integrated with Encore Compliance , a compliance software solutions company.

FinTech 59

FinTech Verification AI Online and Mobile Banking 59

CB Insights

JANUARY 31, 2022

Veriff , an AI-based identity verification company, has raised $100M in a Series C round that drew participation from Accel, Alkeon Capital Management, Institutional Venture Partners, and Tiger Global Management. appeared first on CB Insights Research. How’s the company performing? Veriff has over 360 employees.

Verification 62

Verification AML Volume Compliance 62

CB Insights

JULY 27, 2021

California-based FloQast is a cloud-based, AI-powered software that helps automate accounting workflows. FloQast has 1,400 global customers and over 250 new customers were added in 2021, including the ACLU, Patreon, and Roblox, among others. How is the company performing? If you’re already a customer, log in here.

Automation 69

Automation Accounts Participant AI 69

CB Insights

JANUARY 26, 2022

Globalization Partners , an AI-driven employment platform, has raised $200M in an extended private equity round with participation from Vista Equity Partners. In 2021, the company’s new customer acquisition increased 2.5x HOW’S THE COMPANY PERFORMING? from 2020, including 44% growth from Q3’21 to Q4’21.

Payroll 59

Payroll Legal Participant AI 59

FloQast

APRIL 10, 2024

July 21, 2021 was the last time I did something like this, so bear with me. This round will help us fuel our research and development into new solutions designed to improve existing workflows by further incorporating AI. Back in 2021, Meritech Capital led our Series D, which also included participation from Sapphire Ventures.

Participant 95

Participant Continuity Product Accounts 95

CB Insights

FEBRUARY 22, 2022

Singapore-based Funding Societies uses an AI-based credit assessment model to provide loans, credit cards, and expense management and B2B payment services to SMEs. The fintech company’s annualized disbursement came in at $1B in 2021. appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?

Credit Cards 65

Credit Cards Assessments B2B Participant 65

Accertify

AUGUST 28, 2024

According to our own research 1 , nearly 40% of merchants don’t bother to fight merchandise or service not rendered chargeback claims. Here’s what a modern, state-of-the-art chargeback management solution can do, based on a set of predetermined (and even better, AI-refined) rules: Pre-chargeback. Some businesses think so. link] Aite.

Disputes 52

Disputes Automation Volume Blocks 52