Bank Automation

FEBRUARY 21, 2025

The top 50 banks around the world have deployed AI for 167 use cases to improve efficiency and drive consumer experience within their operations.

Use Case 59

Use Case AI Automation Posting 59

Fintech News

APRIL 16, 2024

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. Following a credit decision, gen AI can draft the credit memo and contract.

Risk Management 114

Risk Management Risk AI Use Case 114

The Payments Association

MARCH 19, 2025

The financial world is moving toward real-time payments, embedded finance, open banking, AI, robot process automation (RPA), and global interoperabilitybut outdated technology is slowing banks down, creating higher security risks, compliance challenges, and operational inefficiencies.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

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

NOVEMBER 24, 2024

Introduction In today’s fast-paced business landscape, organizations are increasingly turning to AI-driven solutions to automate repetitive processes and enhance efficiency. Accounts Payable (AP) automation, a critical area in financial management, is no exception. Coding a multi-agent system to automate AP process.

Automation 52

Automation Accounts Payment APIs and Integration AI 52

The Finance Weekly

OCTOBER 15, 2023

The business world is changing fast, giving Chief Financial Officers (CFOs) and their teams a chance to use Generative Artificial Intelligence (Generative AI) for innovation and efficiency. Generative AI can help in saving costs, making better decisions, and developing skills. This enhances customer experience and loyalty.

AI 130

AI Risk Data Security Automation 130

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. Use cases of AI in finance.

AI 122

AI Finance Fraud Detection Mitigation 122

Nanonets

JANUARY 12, 2024

However, with the rapid growth in the insurance sector, the industry has reached a point where growth can only be achieved through insurance automation. Technologies such as RPA are expected to take the insurtech sector in the US to $261.6 Automation can make all of these workflows more efficient and error-free. billion by 2026.

Use Case 59

Use Case Automation Procedures Compliance 59

Bank Automation

JANUARY 6, 2025

ClearBank is seeing its payment processing time decrease 80% after integrating AI. based clearing agency and banking platform operates entirely in the cloud and has been exploring AI use cases for the past year, a spokesperson told Bank Automation News. The Bristol, U.K.-based

Process 52

Process Use Case Payments AI 52

The Finance Weekly

AUGUST 7, 2024

Ever since AI came onto the scene, it has been mixed into financial planning and analysis (FP&A) to aid finance professionals in deciphering data and making savvy decisions on how to steer company growth. We'll check out a detailed comparison of their distinct AI features.

AI 130

AI Automation Finance Audit 130

The Finance Weekly

DECEMBER 22, 2022

AI: Not Quite Ready for Prime Time. Despite the , buzz around artificial intelligence (AI) in the financial technology industry, neither Sachs nor Born believe it is quite ready for widespread adoption. There is actually a big disconnect between what people expect from AI and finance, and the actual practical solutions,” said Born.

Finance 246

Finance AI Economy Addressing 246

The Fintech Times

MARCH 5, 2024

Artificial intelligence (AI) has become one of the hottest topics in fintech, resulting in many organisations looking to get involved in the space. However, despite the desire, many banks cannot scale new technologies, like generative AI to ensure they are being used most efficiently.

AI 128

AI Fraud Detection Automation APACS 128

The Fintech Times

FEBRUARY 15, 2025

The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. LEAP 2025 featured a dedicated Fintech Track, covering digital banking, blockchain applications, and AI in finance.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

Bank Automation

SEPTEMBER 23, 2024

Citizens Bank is training employees on generative AI, engineering, cloud application and development, security and operations. “We

AI 78

AI Use Case Automation Security 78

Bank Automation

FEBRUARY 1, 2024

BNP Paribas is looking to use AI and gen AI for revenue generation and cost optimization. “In Investments made in AI and technology will help in “revenue generation, because we will have […]

Use Case 73

Use Case AI Continuity Technology 73

The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Using machine learning algorithms is crucial to make FP&A functions more responsive, insightful, and efficient. Why Should FP&A Leaders Consider to Integrate AI? Some typical examples of AI applications are: 1.

AI 130

AI Finance SWIFT Risk 130

Fintech Finance

AUGUST 15, 2024

Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively. Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models.

AI 97

AI Fraud Detection Technology Real Time Payments 97

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. One firm, Zippia, has predicted that as much as 25% of the insurance industry could be automated via AI by 2025. What Ails Insurtech?

AI 119

AI Federal Reserve Underwriting Risk 119

Bank Automation

JANUARY 4, 2024

Santander Bank is exploring AI to enhance its operational efficiency, allowing its employees to focus on value-added tasks. The Madrid-based bank is implementing AI in its operations and exploring multiple use cases of gen AI, a spokesperson told Bank Automation News.

AI 76

AI Use Case Automation 76

Bank Automation

DECEMBER 4, 2023

BNP Paribas aims to develop 1,000 AI use cases by 2025. trillion, Paris-based bank has been using AI for years and already has 700 uses for the technology, including 26 generative AI models in testing, a BNP spokesperson told Bank Automation News.

AI 82

AI Use Case Automation Technology 82

Nanonets

JUNE 5, 2023

If so, then Robotic Process Automation (RPA) might be the solution you've been seeking. RPA is cutting-edge technology that enables businesses to automate repetitive processes. So buckle up as we take you on an exciting journey into the world of Robotic Process Automation. What is Robotic Process Automation (RPA)?

Automation 85

Automation Process Bots Use Case 85

Nanonets

APRIL 7, 2023

AI for Email Writing Email communication has become an integral part of our daily lives, especially in the workplace. But with the advent of artificial intelligence (AI), email writing has become much easier and more efficient. The benefits of using AI-based email writers are numerous.

AI 97

AI Automation Process Volume 97

Nanonets

JUNE 5, 2023

If so, you'll need to know all about procurement automation—a powerful tool that can help you manage the purchasing process efficiently. In this article, we'll demystify the process of procurement automation and discuss the many challenges (and benefits), emerging trends, and best practices associated with it.

Automation 98

Automation Best Practices Process AI 98

Nanonets

APRIL 1, 2024

Luckily, AP automation solutions like Nanonets and Tipalti can help. Nanonets vs. Tipalti at a glance On the surface, Nanonets and Tipalti may seem like similar AP automation solutions. Automated workflows 4.5 4 Integrations 5 4 Ease of use 5 3.5 They can be a headache for your team and a bottleneck for your business.

Automation 98

Automation Multi-Currency Fraud Detection Compliance 98

The Fintech Times

DECEMBER 12, 2024

With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring payments (VRP) offering. Evidens AI-driven platform identifies financial vulnerabilities and recommends practical steps to avoid arrears.

Facilitators 72

Facilitators Payments AI Blockchain 72

The Payments Association

JANUARY 21, 2025

Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

JULY 1, 2020

From this auspicious beginning, Ramirez — now CEO of warehouse management platform CognitOps — has been working on and innovating in an essential-but-underappreciated part of eCommerce , bringing data and artificial intelligence (AI) into the infrastructure and logistics space. “I In short, Execute automates the warehouse.

AI 103

AI Automation Use Case On-Demand 103

Nanonets

MARCH 15, 2024

In this article, we dive into what actual AI automation looks like (and why it isn’t as straightforward). Introduction There is simply no escaping the fact that AI is the most talked about topic on the internet in 2024.

Automation 59

Automation AI Accounts Duplicate 59

Fintech News

JANUARY 18, 2024

The emergence of generative artificial intelligence (AI) represents a pivotal moment in the technological evolution, significantly altering the digital financial services landscape in the Asia Pacific region. trillion to US$4.4 Here are five real-world applications of generative AI in Asia.

AI 107

AI Financial Crimes Crime SWIFT 107

Fintech Finance

FEBRUARY 20, 2025

As pay-ins and payouts become increasingly instant and adoption increases across more use cases, keeping funds secure is more important than ever, said Aron Alexander, CEO of Runa. By automating fraud prevention, Runa Assure lifts the burden off finance and operations teams, eliminating the need for time-consuming investigations.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Fintech News

AUGUST 13, 2024

A recent study by Visa has revealed that 83% of Gen Z consumers in Singapore are aware of generative artificial intelligence (AI) and its potential to enhance their banking experiences. Singaporean consumers, regardless of age, are showing a strong inclination toward using generative AI for various banking services.

AI 107

AI Fraud Detection Automation Use Case 107

Fintech News

JANUARY 17, 2024

Banks collect and hold huge quantities of usable data, and many are already successfully applying big data and AI across various business cases. The potential to optimise data use through a data-driven banking strategy is enormous, especially for smaller banks. via cloud computing).

AI 120

AI Legal Framework Use Case Risk 120

Nanonets

SEPTEMBER 1, 2023

AI is wonderful for automating manual work, but automating business processes is not just as straightforward as a 1-line prompt. However, true automation looks different. Let's dive in: Introduction There is no escaping that AI will be the most talked about topic on the internet in 2023.

Automation 52

Automation AI Accounts Duplicate 52

The Payments Association

FEBRUARY 10, 2025

AI can enhance transaction monitoring, while stronger KYC processes and staff training will help manage risks and maintain compliance. Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence.

IBAN 88

IBAN AML Master Account Due Diligence 88

Nanonets

APRIL 20, 2023

These advancements make it easy to access accurate healthcare information, provide real-time care when required and empower patients by using digital tools on every step of care journey. Healthcare automation platform - Nanonets Try Nanonets for Free What are the benefits of healthcare digitization? Start your free trial today.

Automation 96

Automation Process Use Case Regulations 96

Nanonets

MAY 10, 2023

Businesses lose around 1 Trillion US dollars annually due to ineffective management activities! Intelligent workflow automation can save time, boost production, and cut expenses. We will also see the top 5 workflow automation software in 2023 and how they compare against each other. What is workflow automation?

Automation 98

Automation Rules Procedures Process 98

Fintech News

OCTOBER 28, 2024

Their system seamlessly integrates with clients’ existing infrastructure to automate the entire payout process, from invoice generation to payment execution. The platform’s full automation leverages real-time data synchronisation and a unique connector structure, eliminating manual processes and reducing errors.

AI 105

AI FinTech Innovation Payment APIs and Integration 105