Fintech News

OCTOBER 23, 2024

In Southeast Asia, demand for digital lending solutions is on the rise, driven by shifts in customer expectations, regulatory changes, and heightened scrutiny of environmental, social and governance (ESG) considerations. This differs from country to country. The regulatory landscape is different from country to country as well.

Finance 116

Finance APACS Multi-Currency Origination 116

Fintech News

APRIL 3, 2024

When designed appropriately, fintech solutions can directly address access and usage barriers for women, supporting their financial goals and needs. It draws on a survey of 114 fintech firms across 17 countries, as well as interviews with leaders from 25 fintech firms, conducted between November 2022 and February 2023.

Financial Inclusion 127

Financial Inclusion FinTech Financial Literacy Non-Bank 127

Fintech News

MARCH 20, 2024

This transformation is not without its challenges, as banks grapple with the critical task of bridging the gap between traditional banking services and the demands of a digital-first customer base. In the last decade, GaussDB has been deployed on a large scale across multiple top banks in China.

Cybersecurity 112

Cybersecurity On-Demand Database Automation 112

PYMNTS

NOVEMBER 25, 2020

In the case of recognition, an individual’s picture might be compared to millions of other faces in a database, one by one. However, that additional layer of scrutiny demands supervised learning. Facial recognition is about exposing one’s identity. By contrast, face verification is about establishing one’s identity.

AI 141

AI Verification Disaster Recovery Authentication 141

PYMNTS

OCTOBER 12, 2018

Each record contained a user’s name, gender, email address, phone numbers, profile photos, their primary workout location, emergency contacts and more. Diachenko added that one of the databases even contained a ransom demand note. and European authorities.

Data Breach 67

Data Breach Breach Database Credential 67

PYMNTS

JULY 2, 2019

In a reported leak of billions of user records in a smart home data breach, researchers have found that a database that belongs to Chinese firm Orvibo has been left open without a password for protection. According to a report from vpnMentor, “These would be sent to a user to reset either their password or their email address.”

Data Breach 59

Data Breach Breach Research Database 59

PYMNTS

FEBRUARY 6, 2020

The busy business of home DNA facing its first major test, as consumer demand for the products is beginning to dim. Over the last 18 months, we have seen a slowdown in consumer demand across the entire DNA category,” her statement said. The DNA market is at an inflection point now that most early adopters have entered the category.

Privacy 67

Privacy Consumer Database On-Demand 67

Nanonets

JUNE 14, 2023

The email extraction tool identifies the email based on preset parameters, such as sender address or certain keywords in the subject line. Workflow Example: A customer sends an email query to the support address. We'll cover how to implement these methods, the benefits they offer, and some key considerations to bear in mind.

Automation 98

Automation CRM Rules Addressing 98

Fintech News

JULY 24, 2024

As financial services become more digitalised, they face increasing susceptibility to sophisticated cyber threats, demanding advanced security measures. Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures.

Finance 119

Finance Risk Mitigation Automation AI 119

The Fintech Times

FEBRUARY 1, 2024

Techtrust , a tech staffing firm exclusively focused on fintech, has officially launched its ‘FinTech Talent Hub’, a new talent database aiming to support the industry with top-tier technical expertise. Techtrust’s AI-powered hub addresses fintech skill gaps in a rapidly changing tech industry.

FinTech 59

FinTech Database Accreditation Best Practices 59

PYMNTS

JULY 17, 2020

The technology lays the foundation for modern, agile products and services, with enough flexibility to evolve as market conditions and customer demands change. Once CTOs understand that they can take incremental steps into the cloud, Kassam said many of their biggest concerns can be addressed. Embracing The Experiment. ”

On-Demand 96

On-Demand Database FinTech Service Provider 96

Basis Theory

NOVEMBER 12, 2024

This demands a substantial investment of time and resources for the initial build, not to mention creating the significant ongoing burden of securing and maintaining compliance for the entire lifecycle of the system. Any service used for tokenization must scale to meet the demand of its clients.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

CB Insights

NOVEMBER 21, 2017

One answer: use a database — a ledger. As of this writing in mid-November 2017, the total market capitalization of cryptocurrencies hovers around $220B (with a single bitcoin trading for upwards of $8,000). Initial coin offerings (ICOs) have exploded in popularity, closing on $3B+ in funding in 2017 alone.

Blockchain 78

Blockchain Technology Bitcoin Participant 78

Fintech Finance

MARCH 4, 2024

This collaboration adds Mastercard’s powerful Brighterion Artificial Intelligence (AI) technology to G2RS’ end-to-end transaction laundering detection solution to address evolving risk associated with increased criminal activity. It is yet another step in our journey to secure the payments ecosystem and instill trust in every interaction.

Visa 52

Visa Risk Transactions AI 52

PYMNTS

FEBRUARY 13, 2019

Love noted that he sees APIs as a growing presence in corporate finance, as banks react to the demand among consumers and businesses to take control of their own data. When an organization attempts to address the accounting challenge alone, Love said, it can run into several challenges. It just doesn’t work anymore.”

Finance 75

Finance Financial Literacy Accounts API 75

The Fintech Times

OCTOBER 22, 2024

From service outages during peak demand to the constant threat of cyberattacks, the need for robust, dependable and flexible systems has never been more pressing for global banks and financial institutions. With new threats and rising customer demands, banks also need to rethink their resilience strategies.

On-Demand 52

On-Demand Ransomware AI Fraud Detection 52

Nanonets

MAY 3, 2023

This list of finance AI tools covers the most useful and interesting tools available to address each of the challenges finance professionals face. Nanonets Flow Nanonets Flow is an innovative AI-driven platform designed to streamline various finance-related tasks and address challenges faced by finance professionals.

AI 94

AI Finance Advisors Fed 94

PYMNTS

JANUARY 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. “These are things that we think will force, essentially, B2B to leapfrog B2C,” he said, pointing to the higher demands of the B2B world that need to be addressed. Betting On Blockchain.

B2B 78

B2B Blockchain B2C Use Case 78

PYMNTS

JANUARY 12, 2017

E-Sports Entertainment Association, which hosts competitive video game tournaments, was recently hit by a ransomware attack but refused to pay the $100,000 demanded of it. According to the stolen database tracker LeakedSource , the information of nearly 1.5 million ESEA users was compromised.

Ransomware 40

Ransomware FBI Database Compromise 40

Nanonets

JULY 31, 2023

Now that humanity has succeeded in digitising all forms of information that can be possibly thought of in PDFs, the new challenge that looms on the horizon is "Data-On-Demand"  - making data not just digital, but also immediately and readily accessible at our fingertips. Enter Language Learning Models (LLMs). Look no further!

API 98

API Automation Database Returns 98

PYMNTS

APRIL 22, 2019

Know Your Customer (KYC) and anti-money laundering (AML) regulatory demands are a particularly large burden on the global trade finance landscape, analysts noted. Thirty percent of respondents said enhanced technology solutions and a revised regulatory environment are key to addressing the trade finance gap.

Finance 53

Finance Financial Inclusion Compliance Correspondent Bank 53

PYMNTS

NOVEMBER 3, 2017

In a statement, the company’s CEO David Safaii said the funding will be used to support its existing clients, focus on its “technology roadmap” and scale to meet increased demand for such cloud-based app and data protection. Based in Finland and with offices in California, MariaDB offers enterprises an open source database solution.

B2B 75

B2B Automation AI Fraud Detection 75

PYMNTS

JUNE 3, 2019

A small group of researchers was invited to test a beta version of the API Ad Library (as it’s now known) last August, with databases created using web browser extensions that upload ad data as users browse the site. A spokesperson confirmed the company is working to resolve a bug impacting retrieval of the full database.”

API 41

API Database Research On-Demand 41

PYMNTS

JUNE 13, 2019

In the last several weeks, it rolled out a platform to crowdsource imagery of various local settings, geographies and street-level data on demand. He told Webster that the fundamental problem is keeping maps and geodata databases updated at scale. To that end, Sweden-based Mapillary has focused on crowdsourcing imagery for maps.

Database 55

Database On-Demand Volume Addressing 55

The Fintech Times

JUNE 3, 2024

Together, these cross-silo voices must help design a tailored strategy to enhance productivity and address specific challenges, fostering a sense of collective ownership and contribution. Step 3: Operational roadmap This stage is about iterating the strategic experiments to expand the scope and scale of a given GenAI strategy.

AI 69

AI Risk Mitigation Assessments Consulting 69

PYMNTS

JUNE 13, 2017

How can brick-and-mortar locations ensure they have enough inventory – and the right inventory – to keep up with demand? Stock the wrong quantities and unpopular items can start to linger, eating up shelf space as in-demand items sell out. It has advantages for retailers, too. VoltDB has been proven in real-time BOPIS environments.

Database 44

Database On-Demand Volume Process 44

Wharton Fintech

FEBRUARY 29, 2024

Creating Spade’s comprehensive merchant database required forming robust partnerships across the fintech and data ecosystem. The demand for Spade’s offerings is underscored by the growing challenges in the card ecosystem, including the increasing rate of card fraud attempts, which saw a 46% year-over-year rise.

Database 52

Database Fraud Detection FinTech Authorization 52

Nanonets

OCTOBER 24, 2023

For instance, in a sports league scenario, while an LLM could provide generic information about the sport or teams, RAG empowers the AI to deliver real-time updates about recent games or player injuries by accessing external data sources like databases, news feeds, or even the league's own data repositories. What problem do they solve?

Database 59

Database AI Process Automation 59

PYMNTS

MAY 24, 2018

If the aim is to give EU-based consumers power over who has their information and how it is used, by giving them the choice to demand their information be deleted from corporate databases, the questions remain for companies: What happens when that demand to delete is, in fact, actually demanded ?

Identity Theft 40

Identity Theft Database Verification AML 40

Nanonets

FEBRUARY 20, 2024

Emails, AP tools, accounting software, ERPs, and other databases now operate in concert, automating data capture and synchronization across platforms. In an age where regulatory demands are ever-increasing, achieving complete compliance without the stress is nothing short of miraculous.

Automation 52

Automation Database AI Process 52

FICO

APRIL 20, 2020

Companies have realized that responding to new guidance from governments and bringing new financial products to market to support their customers affected by COVID-19 had to be addressed in a matter of hours, rather than days, and this could best be achieved via integrated systems running on a platform/suite. Value of Platform Systems .

Online and Mobile Banking 52

Online and Mobile Banking On-Demand Database Adjustments 52

The Fintech Times

OCTOBER 19, 2024

A major focus for Oracle is addressing the region’s skills gap in AI and emerging technologies. The UAE’s leading role in AI innovation The UAE has firmly positioned itself as a leader in AI, backed by ambitious government initiatives like the UAE AI Strategy 2031 and significant investments in research.

AI 59

AI Innovation CRM Database 59

Nanonets

AUGUST 6, 2024

For instance, in a sports league scenario, while an LLM could provide generic information about the sport or teams, RAG empowers the AI to deliver real-time updates about recent games or player injuries by accessing external data sources like databases, news feeds, or even the league's own data repositories. click on the link.

AI 52

AI Database Payment APIs and Integration Automation 52

Nanonets

JUNE 5, 2023

These processes can include order processing, payment schedules, vendor selection and evaluation, document management, demand forecasting, invoice reconciliation and supply chain automation. Are you tired of manually entering requisitions, creating purchase orders , and tracking invoices? Looking to automate your manual AP Processes?

Automation 98

Automation Best Practices Process AI 98

PYMNTS

JUNE 29, 2017

The compliance ecosystem has given rise to RegTech as technology companies deploy more sophisticated tools to help multinational corporations and financial services companies handle compliance demands. While MiFID II requires firms to provide regulators with immediate access to client databases, GDPR requires that the data be encrypted.

AI 49

AI Compliance Regulations Rules 49

FICO

MARCH 6, 2020

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . Which use cases do you address? To better address the interconnectedness of financial crimes banks are more and more adopting an integrated approach to financial crime systems.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

FICO

AUGUST 12, 2021

AML/CTF compliance programs should be evaluated for whether they can address the specific risks Open Banking presents. Without API standards, centralized databases, and clear AML/CTF compliance rules for TPPs, it will be even more difficult to gain full visibility into how money flows across accounts, borders, FIs and fintechs.

Financial Crimes 52

Financial Crimes Compliance Crime Risk 52