The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Why Should FP&A Leaders Consider to Integrate AI? FP&A leaders experience , significant advantages when they embrace AI. Top 8 AI Uses in Finance AI/ML can enhance FP&A operations in many ways.

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AI Finance SWIFT Risk 130

The Fintech Times

SEPTEMBER 20, 2024

Two hundred insurance claims handlers were surveyed by Censuswide as part of the study and were asked how many cases they thought were fraudulent or manipulated by AI. Meanwhile, 64 per cent suspect AI was used in five to 10 per cent of cases. The post Insurance Claims Handlers Wary of AI Being Used to Alter Documents Reveals Sprout.ai

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AI Database Research Automation 105

Agile Payments

JANUARY 14, 2021

Since the rise of AI, it has had a massive impact on different industries, and as years progress, it will continue to have more significant influences in more industries. This technology can efficiently scan through a large database and use the data to generate insights from which actions can be taken.

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AI Database Continuity Technology 88

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.

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Compliance AI Process Suspicious Activity Report (SAR) 106

The Payments Association

JANUARY 28, 2025

Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management and more.

FinTech 88

FinTech Database Payroll Settlement 88

Nanonets

JUNE 8, 2023

Nanonets is excited to announce its partnership with Servitalent to completely automate recruitment workflows with AI and intelligent automation. Nanonets Nanonets is a leading AI-based OCR software  that captures structured data from invoices, receipts and other unstructured documents. Do you want more information?

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AI Automation Database Process 97

Fintech News

MARCH 24, 2025

Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.

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APACS Verification Fraud Detection Money Laundering 87

Nanonets

MAY 3, 2023

Now, AI tools are pushing the limits of analysis and decision-making in finance, changing the lives and careers of finance professionals around the world. AI’s can analyze more data faster than any human can. Since this is a limited dataset, this is a major limitation on the utility of the AI tool.

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AI Finance Advisors Fed 94

Nanonets

AUGUST 23, 2023

AI-based document processing is transforming the way businesses handle paperwork. AI's advancements in areas such as self-driving vehicles and protein structure predictions show that it is sophisticated enough to handle intricate tasks like document processing in the business world. What is AI-based document processing?

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Process AI Payment APIs and Integration Compliance 97

The Fintech Times

JUNE 16, 2024

Prior to partnering with MongoDB, the bank, which has five million customers, ran the system on a legacy relational database. Because of these database-related challenges, the bank’s analysts and developers were committing significant effort to complex database management tasks in order to keep the application running.

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Database Non-Bank AI APACS 105

The Fintech Times

JANUARY 5, 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. In 2023, Salesforce published research revealing some of the biggest generative AI trends of the year.

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AI Database Financial Crimes Compliance 75

Nanonets

JANUARY 17, 2024

The introduction of artificial intelligence (AI) into document processing is set to revolutionize this industry. AI claims processing integrates machine learning (ML), optical character recognition (OCR), workflow automation , and data analytics to streamline the process, making it faster, more reliable, and more efficient.

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AI Process Database Fraud Detection 59

The Fintech Times

JUNE 3, 2024

AI-powered shopping assistant, Klarna is leading the way for financial services when it comes to artificial intelligence (AI) implementation. So what’s Klarna’s secret and how can firms replicate this level of successful AI integration? Yet it only scratches the surface of genAI and LLMs’ potential.

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AI Risk Mitigation Assessments Consulting 69

Fintech Finance

SEPTEMBER 17, 2024

ID-Pal and CLOWD9 are delighted to announce their global strategic partnership to enhance secure and efficient identity verification processes in payment processing, by offering ID-Pal’s AI-powered technology as part of CLOWD9’s innovative payment solutions portfolio.

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Process Verification Money Laundering AML 95

The Fintech Times

APRIL 24, 2024

ComplyAdvantage uses AI and machine learning to parse through a continuously updated database of entities to give clients the most accurate 360-degree view of financial crime risk. The post ComplyAdvantage Acquires Golden to Enhance AI-Enriched Financial Crime Insights appeared first on The Fintech Times.

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Financial Crimes Crime AI Acquirers 59

Fintech News

OCTOBER 23, 2024

Empowering digital lending operations with AI One of the key highlights for the ACP is the implementation of Artificial Intelligence (AI) capabilities. A lot of those capabilities that we’ve been developing over the last 20 years are now being accelerated and further enhanced by the introduction of AI,” Kneen said. “A

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Finance APACS Multi-Currency Origination 114

Nanonets

JULY 22, 2024

A handy checklist of must-have AI automations for every CFO AI is influencing how business leaders re-imagine their team’s daily tasks, company processes and resource allocation. Automation of repeatable manual tasks has been the biggest applications of various AI tools.

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AI Audit Automation Reconciliation 52

Fintech News

SEPTEMBER 8, 2024

Key AWS features such as Amazon Aurora provide a scalable database, while Amazon ECS enables quicker addition of features like e-KYC to their mobile app. Krom Bank plans to explore further AWS generative AI services like Amazon Bedrock for features such as chatbots and virtual assistants.

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Financial Inclusion Underserved Database Mobile Banking 117

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

The Fintech Times

JANUARY 31, 2024

2023 was the year of AI in every respect. But now over a year has passed, have firms worked out how to best, and safely, implement AI into one or several elements of their business? Here, the two discuss what they have learnt about utilising AI so far, and the barriers they see slowing down adoption.

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AI Checks Regulations Finance 59

Nanonets

APRIL 30, 2024

Particularly, extracting data from PDFs —an often cumbersome and error-prone task—has seen significant advancements with the emergence of Artificial Intelligence (AI). The final extracted data needs to be sent to a downstream business software or stored in a database.

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AI Due Diligence Automation Use Case 52

Fintech News

JUNE 4, 2024

Singlife utilises Amazon Relational Database Service and Amazon Aurora to expedite the development and market launch of new products. This shift is expected to streamline operations, reduce processing times, and lower costs, thereby enhancing customer experience and boosting employee productivity.

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Database On-Demand AI Innovation 107

The Fintech Times

OCTOBER 19, 2024

Known for their ambitious digital transformation goals, these nations are at the forefront of integrating AI across sectors, from finance and healthcare to smart cities and public services. Benssiba touched on Oracle’s role in this vision, noting: “We actively support AI ambitions locally and regionally through several strategic initiatives.”

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AI Innovation CRM Database 59

Fintech News

MARCH 20, 2024

The solution leverages a unique database for identifying and tracking fraudsters, offering a multi-layered approach to simplify decision-making and minimise false positives. Fraud networks, however small they may seem right now, will gain prominence, just like AI-powered deepfakes. said Pavel Goldman-Kalaydin, Head of AI/ML at Sumsub.

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APACS Fraud Prevention Deepfake Account Takeovers 107

The Finance Weekly

JULY 19, 2022

Easily database all versions of your work and with the click of your mouse conduct variance analysis, slice and dice data sets, perform drill-downs, FX conversions, and easily review version histories. Board integrates seamlessly with popular business software systems and platforms, such as SAP ERP and Microsoft Azure or SQL database tech.

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CRM Finance Database Automation 240

Segpay

OCTOBER 3, 2024

Jumio : A global provider of online identity verification, Jumio uses AI and biometrics to verify users by checking documents and live selfies. checks government-issued IDs and cross-references them with official databases. ID.me : A platform for identity verification, ID.me

Compliance 105

Compliance Verification Database Privacy 105

Fintech News

JANUARY 16, 2024

The collaboration integrates Weather Index Insurance with Mobifone’s agricultural app, MobiAgri, which utilises big data, AI, blockchain, AR, and VR to offer solutions for agricultural development and digital farming.

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Risk Assessment Database Blockchain Assessments 117

The Fintech Times

AUGUST 2, 2024

The European Union ‘s latest AI Act, published yesterday, reflects the forward-thinking and innovation-driven attitude of the region as it looks to regulate the way organisations develop, use and apply artificial intelligence (AI). Firms that fall into the first category are those that use AI for things like spam filters.

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AI Compliance Regulations Risk 59

Nanonets

DECEMBER 11, 2023

  AI data entry powered by machine learning (ML) and natural language processing (NLP) can help change that scene. Read on to learn more as we explore how AI data entry works, its key benefits, and practical tips to implement it in your organization. What is AI data entry? And that’s only half of the story.

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AI Payment APIs and Integration Automation Best Practices 59

Finovate

OCTOBER 4, 2024

In its funding statement, the company noted that it plans to launch additional features including conversational banking and AI-driven automation and insights as part of its expansion plans. The new offering is a set of data/AI infrastructure and development capabilities that embed natively in the Enterprise Banking Platform.

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AI Innovation Payment APIs and Integration Online and Mobile Banking 64

Nanonets

OCTOBER 9, 2024

  Read more: How to use AI in bank statement processing How does the bank statement verification process work? Data matching: Key details—such as balances, transactions, and account holder information—are compared with internal records or third-party databases.

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Verification AI Reconciliation Payment APIs and Integration 52

PYMNTS

SEPTEMBER 24, 2020

Shetty recently offered PYMNTS insights into the financial crime threats that banks like Axis face on a regular basis and how video authentication and AI can significantly reduce the scope of these hazards. Leveraging Video-based Onboarding, AI To Prevent Identity Fraud. Fraud Threats To Digital Banking. Shetty explained.

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Account Takeovers Database Authentication Crime 82

Fintech News

FEBRUARY 15, 2024

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings.

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Innovation FinTech Cross-Border Payments Cross-Border 120

Fintech Finance

JANUARY 20, 2025

Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management and more.

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FinTech Settlement Database Payroll 105

Innovative Payments Association

FEBRUARY 14, 2024

Bills in states like Tennessee , Hawaii , and Florida seek to address focused problems like the use of AI in political campaigns and deep fakes. Other states, such as Illinois , are looking at AI more generally, and these may provide some clues for what is to come in the future. What will those laws look like?

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AI Law Enforcement Laws Database 52

Segpay

NOVEMBER 26, 2024

typing speed, location data), with authoritative databases or records. Leveraging technologies like artificial intelligence (AI) and machine learning (ML) can enhance the accuracy of identity verification and fraud detection. This process involves comparing official documents (e.g.,

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Verification Identity Theft Money Laundering Due Diligence 111

Nanonets

SEPTEMBER 25, 2024

In this article, we’ll explore applications of AI and automation for bank statement processing. In recent years, AI-powered software tools using natural language processing (NLP) and machine learning (ML) have revolutionized this process.   💡 Best practices:  1. 💡 Best practices:  1.

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Process AI Best Practices Reconciliation 52