Bank Automation

MAY 24, 2024

Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI and automation. The $117 […]

AI 102

AI Cybersecurity Automation Innovation 102

Bank Automation

JANUARY 22, 2024

Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the focus was on all things AI. What we’re here for is to see what everybody else is doing with [AI],” Chief Innovation Officer Don Relyea told Bank Automation News at […]

AI 67

AI Innovation Research Automation 67

The Fintech Times

MAY 2, 2024

At The Fintech Times , we have discussed whether the hype around artificial intelligence (AI) is justified or not. Supporting the case that it definitely is, paytech Equals Money has published research revealing that 95 per cent of financial leaders are using, or considering using AI in their processes. Is automation necessary?

AI 59

AI Automation Regulatory Compliance Rules 59

FloQast

SEPTEMBER 10, 2024

From the highest levels to the deepest valleys of hallucination , Gen AI’s potential, and its drawbacks, and, most relevantly here: How we see it impacting the accounting profession — now, and down the road. That’s why the shortage has made it imperative for us to harness AI’s potential. Capitalism marches on.

AI 91

AI Accounts Audit Compromise 91

FloQast

AUGUST 28, 2024

FloQast’s latest market study, “ The Role of Financial Automation in Reducing Stress and Retaining Talent in the DACH Region ,” delves into the specific issues facing the region, offering insights and strategies designed to help accounting teams overcome these challenges, reduce stress, and boost efficiency.

Automation 77

Automation AI Finance Accounts 77

Fintech News

MAY 19, 2024

With this new funding, Osome aims to enhance its product offerings, focusing on automation and artificial intelligence (AI) to better serve its expanding customer base. Osome’s next growth stage is focused on profitability and operational excellence while continuing to provide high-quality services and innovation to its clients.”

Automation 103

Automation AI SARS Compliance 103

Bank Automation

JANUARY 30, 2024

Technology and innovations advanced in leaps and bounds in 2023, including enhancements to AI, the introduction of generative AI and investment in data analytics.

Fraud Detection 111

Fraud Detection AI Automation Innovation 111

Bank Automation

AUGUST 29, 2024

Canadian banks are continuing to invest in AI for improved client experiences and efficiencies. There is “continuous demand for digital innovation,” Karin Kirkwood, president of fintech Broadridge Canada told Bank Automation News.

AI 61

AI On-Demand Automation Continuity 61

Bank Automation

APRIL 8, 2024

Financial institutions are looking to new technology, growing their innovation teams and investing in AI and generative AI. Citigroup goes beyond the technology when starting innovation projects, looking to its clients and existing capabilities. When the $1.6

Innovation 113

Innovation AI Technology 113

Bank Automation

APRIL 24, 2024

Bank of America’s innovation is never complete since its team constantly updates offerings to meet ever-changing client needs. “At Bank of America, innovation is everybody’s job,” Jorge Camargo, managing director of mobile app, online banking and Erica AI at Bank of America, told Bank Automation News.

Innovation 67

Innovation Online and Mobile Banking AI Automation 67

The Fintech Times

SEPTEMBER 14, 2024

Having already explored compliance challenges, penalties and solutions, we now turn our attention to the technology of the moment: AI. While we’re well aware that AI is currently spoken about in absolutely every context, we also understand the huge impact it can have across sectors and operations.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

Bank Automation

MARCH 7, 2024

Academy Bank is investing in AI this year to ensure that its operations are more efficient and more useful for the end user. “Our Our top goal for the year is to innovate for success, and AI is really at the center of that,” Chief Executive Paul Holewinski told Bank Automation News. Academy is owned by […]

AI 63

AI End User Automation Innovation 63

Bank Automation

JULY 8, 2024

Bank Automation Summit Europe 2024 is delighted to announce a strategic partnership with DIGITALEUROPE, the leading trade association representing digitally transforming industries in Europe. This partnership aims to amplify the impact of both organizations in driving innovation and excellence in European banking and digital sectors.

Automation 100

Automation Innovation AI 100

The Fintech Times

FEBRUARY 19, 2024

UK fintech Revenir AI is introducing new technology enabling UK travellers to automatically claim VAT refunds on purchases made abroad. During his time at Imperial College London, Du crossed paths with co-founder Miles Covers , sharing a vision for creating innovative solutions for global markets.

AI 59

AI Automation Credit Cards SWIFT 59

Finovate

AUGUST 26, 2024

In a recent post about the themes of FinovateFall 2024 (New York City, September 9 – 11), we recognized just how much our demoing companies were leveraging AI to help build innovative financial solutions in everything from payments and lending to cybersecurity and regulatory compliance.

AI 59

AI Credit Union Regulatory Compliance Research 59

Bank Automation

JUNE 26, 2024

Zahra Gill, head of enhanced due diligence and financial crime strategy and change lead at Starling Bank, will speak at Bank Automation Summit Europe 2024 about the AI revolution in banking. 7-8 at Hilton Frankfurt in Frankfurt, Germany, brings together industry experts to discuss innovation in AI, banking automation and […]

Due Diligence 52

Due Diligence Automation Financial Crimes Crime 52

The Fintech Times

JANUARY 6, 2024

Particularly since the release of OpenAI ‘s ChatGPT at the back-end of 2022, the world has sat up and taken notice of the potential of artificial intelligence (AI) to disrupt all industries in countless ways. But how much can AI really change in the next 12 months when it comes to fintech?

AI 141

AI FinTech Financial Literacy Risk Management 141

Fintech News

JUNE 18, 2024

The advancement of generative artificial intelligence (gen AI) has opened up new commercial, social, and technological opportunities. The document, released in May 2024, outlines challenges associated with gen AI and shares a comprehensive gen AI risk framework to guide financial institutions in using the technology in a responsible manner.

AI 117

AI Use Case Risk Deepfake 117

Nanonets

APRIL 16, 2023

Source: esker The introduction of intelligent automation into the accounts payable process minimizes the risk of manual intervention, accelerates operations, and helps maintain compliance. So, what exactly is AP automation ? Looking for an AI based AP Automation solution? How Does AP Automation Work?

Automation 52

Automation AI Accounts Reconciliation 52

Bank Automation

FEBRUARY 7, 2024

Maria Mason, enterprise product manager at Citizens Bank, will speak at Bank Automation Summit U.S. 2024 about strategies for automating real-time payments (RTP). Bank Automation Summit U.S. and brings together industry experts to discuss innovation in real-time payments, AI, RPA and more. View […]

Automation 65

Automation RTP Real Time Payments Payments 65

Finovate

MAY 13, 2024

The rise of enabling technologies such as AI will both steepen customer expectations as well as accelerate competition between companies to effectively deploy new, innovative solutions. The insurance business is ripe for innovation. There are obstacles. Looking at the U.S.,

AI 119

AI Federal Reserve Underwriting Risk 119

Nanonets

JUNE 6, 2024

Salesforce is a leading customer relationship management (CRM) platform empowering businesses to connect with customers in innovative ways. Automation within Salesforce addresses these challenges by streamlining workflows, reducing manual interventions, and enhancing overall operational efficiency.

Automation 52

Automation Payment APIs and Integration Rules Process 52

The Fintech Times

MAY 14, 2024

Harnessing innovative technology in all facets of work is crucial to setting a company apart from its competitors. Celebrating another milestone in harnessing an innovative technology, namely generative artificial intelligence (gen AI), Klarna , the AI-powered global payments network has hit 87 per cent gen AI adoption rates among employees.

Legal 116

Legal AI Payment Networks Global Payments 116

Finextra

JUNE 27, 2024

Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.

AI 52

AI Product Accounts Automation 52

Bank Automation

JUNE 4, 2024

Financial institutions look to their tech providers to help them embrace new technologies, including AI.

AI 67

AI Automation Innovation FinTech 67

Finovate

AUGUST 19, 2024

” But in some ways these issues have been, if not eclipsed, then perhaps subsumed by enabling technologies like AI, machine learning, and what I call “Automation 2.0” ” – the leveraging of AI technology to automate a growing range of business operations and manual tasks.

AI 59

AI Financial Crimes Automation Compliance 59

Fintech News

JANUARY 25, 2024

ServiceNow, a provider of digital workflow services, has recently broadened its partnership with both EY and Visa, focusing on AI-driven compliance solutions and the transformation of payment services. These collaborations mark another noteworthy step in the integration of advanced AI technologies in compliance and financial services.

AI 116

AI Disputes Risk Management Risk Assessment 116

Finovate

JULY 15, 2024

Enjoy insights on AI in banking, AI in small business lending, and the future of financial wellness, debt collection, and credit-building. Greg Palmer interviewed Maya Mikhailov, CEO of SAVVI AI , on the importance of bringing concrete value to banks through AI. How is AI changing the nature of SMB loan origination?

AI 64

AI Credit Union Non-Bank Origination 64

Bank Automation

JUNE 11, 2024

Ross Jones, global head of corporate payments at Barclays, will speak at Bank Automation Summit Europe 2024 about the instant payments landscape in the European Union. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, and brings together industry experts to discuss innovation in AI, banking automation and payments.

Automation 52

Automation Instant Payments Payments AI 52

Fintech News

JUNE 2, 2024

Singapore-based B2B fintech firm Aspire has launched “Aspire AI,” a suite of AI-powered features aimed at enhancing real-time analytics and automating financial processes for businesses. Additionally, the “Aspire AI Assistant,” powered by OpenAI and currently in beta, offers an intuitive chat-to-action interface.

AI 60

AI Fraud Detection Automation B2B 60

Fintech News

JUNE 20, 2024

Will Generative AI in payments accelerate financial institutions on their path to increased revenue and cost optimisation? Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024.

Use Case 122

Use Case AI Multi-Currency Payments 122

Fintech Finance

JUNE 27, 2024

Medius , a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations. In addition to supplier inquiries, the finance team frequently steps in to review invoices.

AI 105

AI Accounts Finance Addressing 105

Finovate

MAY 16, 2024

As the banking sector stands at the precipice of a new era powered by fintech innovation, mastering the rapid deployment of AI technologies is not just beneficial—it’s imperative. Implementing Human Experience-Centric AI Solutions At the heart of technological advancements lies the need to enhance human interactions.

AI 72

AI FinTech SWIFT Fraud Detection 72

Finovate

AUGUST 13, 2024

Financial crime compliance platform Lucinity announced a strategic partnership with AI data management company Knights Analytics. The partnership will bring advanced AI-powered data management capabilities to bear to fight financial crime. Lucinity made its Finovate debut at FinovateSpring 2023 in San Francisco.

Financial Crimes 59

Financial Crimes Crime Compliance AI 59

Finextra

JUNE 18, 2024

Highlights include the enduring relevance of open banking and the growing impact of AI, with 20% of this year's event focusing on practical AI applications. The discussion covers AI's integration in fraud prevention, KYC, and marketing automation, and reflects on the rapid advancements in the past year.

AI 72

AI Fraud Prevention FinTech Addressing 72

Bank Automation

JANUARY 31, 2024

Luther Liang, director of product at Grasshopper Bank, will speak at Bank Automation Summit U.S. 2024 about new approaches to robotic process automation. Bank Automation Summit U.S. and brings together industry experts to discuss innovation in AI, RPA, automation, machine learning and more. […]

Automation 63

Automation AI Innovation Process 63

Nanonets

MAY 31, 2023

According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business. This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result. AI can help mitigate these issues.

AI 122

AI Finance Fraud Detection Mitigation 122