Finovate

APRIL 9, 2024

Regtech innovator Lucinity is starting to draw attention. At the conference, Lucinity demonstrated its AI-enabled copilot, Luci , which enhances financial crime compliance via insight generation, report writing, and automation. ” The company’s innovations have been noticed.

Automation 109

Automation AI Innovation Financial Crimes 109

Fintech News

OCTOBER 28, 2024

This year’s awards are also supported by 12 fintech community members, including Ripple, NETS, ADVANCE.AI, and HSBC, as part of the ‘Fintech Gives Back’ initiative, aimed at encouraging innovation and supporting emerging talent. Ripple, NETS, Syfe, and YouTrip returned as sponsors this year.

AI 93

AI FinTech Innovation Payment APIs and Integration 93

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

Fintech News

NOVEMBER 5, 2024

Visa has announced a suite of new products and services aimed at transforming the future of payments in the Asia Pacific region at the Singapore Fintech Festival 2024 (SFF 2024). For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience.”

Product 103

Product Cross-Border Cross-Border Payments Credential 103

Finovate

OCTOBER 4, 2024

“Our commitment to product excellence and expansion into key markets (are) central to our roadmap, and this funding will propel us even further,” Plumery Founder and CEO Ben Goldin said. Plumery will also look to add talent, particularly in product, engineering, and commercial roles.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

Chargebee

SEPTEMBER 2, 2024

Understanding why customers cancel their subscriptions is the key to refining product-market fit and achieving sustainable growth. For AI businesses, where innovation is rapid and competition fierce, knowing what drives customer decisions can make all the difference in the crucial early years of development.

AI 52

AI Product Innovation 52

The Fintech Times

OCTOBER 30, 2024

e& UAE , the telecom arm of e&, has unveiled a suite of AI-powered solutions designed to support SMEs in partnership with tech giant Microsoft. By harnessing the power of AI embedded in Microsoft 365 applications, businesses can streamline workflows, automate repetitive tasks, and unlock unprecedented creative potential.

AI 73

AI CRM Automation Innovation 73

Fintech News

DECEMBER 11, 2023

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. Teams are not permitted to submit pre-existing solutions or products as part of their challenge submissions.

Cross-Border 122

Cross-Border SWIFT AI Innovation 122

The Fintech Times

SEPTEMBER 3, 2024

Business analytics enterprise, IBM , has unveiled new technologies designed to significantly scale processing capacity across IBM Z mainframe systems helping accelerate the use of traditional AI models and Large Language Models (LLMs).

Use Case 62

Use Case AI Innovation CHIPS 62

The Fintech Times

AUGUST 14, 2024

Artificial intelligence (AI) has taken the financial world by storm in the last few years and has quickly found its way into every business and sub-sector there is. Perhaps unsurprisingly, regulations can struggle to keep up – leading to fresh calls for enhanced regulatory clarity regarding AI.

Treasury 67

Treasury AI Innovation FinTech 67

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 114

AI Cybersecurity Automation Innovation 114

Fintech Finance

AUGUST 14, 2024

Paddle , the payments infrastructure provider, has today opened applications for its third AI Launchpad, offering 75 ambitious AI founders the chance to participate in a 6-week program to help them build, launch and scale their AI-powered business ideas.

AI 96

AI Participant Database Innovation 96

Fintech Finance

AUGUST 13, 2024

B2B order-to-cash and digital payments market leader, has announced that Corrie DeCamp joins Billtrust , as Chief Product Officer. With over 30 years of experience managing enterprise solutions, she will lead Billtrust’s product strategy and vision and report to Chief Technology Officer Joe Eng.

Product 92

Product AI Consulting B2B 92

Fintech News

NOVEMBER 3, 2024

The Singapore Fintech Festival 2024 (SFF 2024) returns for its ninth edition from 6 to 8 November, with a focus on the impact of Artificial Intelligence (AI) and quantum technology on the financial sector. Additionally, public-private roundtables will aim to foster actionable outcomes in crucial areas.

AI 97

AI FinTech Financial Inclusion Finance 97

Fintech Finance

APRIL 24, 2024

Zilch , the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of AI innovation across the Zilch proposition. The commercial impact of the use of AI and ML services will be substantial.

AI 52

AI Innovation Fraud Detection Underwriting 52

Fintech News

JULY 31, 2024

Digital banking software provider Backbase has launched its first global Center of Excellence (COE) for Artificial Intelligence (AI) in Ho Chi Minh City, Vietnam. The COE, led by Backbase’s Head of AI Chris Shayan, will focus on developing AI solutions to enhance customer engagement and business outcomes in the banking sector.

AI 119

AI Industry Trends Innovation FinTech 119

The Fintech Times

JANUARY 17, 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. The potential of AI is a topic that dominated discussion throughout 2023.

AI 127

AI FinTech Underwriting Due Diligence 127

The Payments Association

SEPTEMBER 27, 2024

Lucinity , the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology , which provides a unique approach to allow global financial systems to share algorithmic learning patterns without sharing sensitive data.

AI 88

AI Financial Crimes Security Crime 88

Bank Automation

NOVEMBER 4, 2024

7 announced Barb Morgan as its chief product and technology officer. In the role, Morgan will prioritize innovation, including products focused on client needs that tap into “AI, cloud and advanced data and analytics,” she said in the Temenos release. Tech provider Temenos on Oct.

Product 52

Product Technology AI Automation 52

Fintech News

NOVEMBER 4, 2024

Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, outlined plans to strengthen the capabilities of the insurance and reinsurance sector, highlighting AI as one of the key areas for development. It could also enhance core operations such as underwriting and claims processing.

AI 97

AI Underwriting Risk Authorization 97

Fintech News

JUNE 24, 2024

Bank Negara Indonesia (BNI), an Indonesian state-owned commercial bank, has partnered with Cloudera to leverage generative artificial intelligence (Gen AI) for advancing its banking services. This move positions BNI among the first global enterprises to trial Cloudera’s AI Inference service, powered by NVIDIA NIM.

AI 112

AI Privacy Innovation Security 112

Fintech Finance

MARCH 27, 2024

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. Each product will be available to clients starting in the first half of 2024, with varied launch dates by product and market.

AI 52

AI Product Fraud Prevention Value Added Service 52

Fintech News

SEPTEMBER 29, 2024

Payment giant Visa is set to acquire Featurespace, a company specialising in artificial intelligence (AI) technology for real-time payments fraud protection. Founded in 2008 at Cambridge University, Featurespace has developed AI-driven algorithms that can detect complex fraud patterns in transaction data.

Fraud Detection 103

Fraud Detection AI Acquirers Fraud Prevention 103

Bank Automation

SEPTEMBER 10, 2024

As JPMorgan Chase leans into AI-driven products, Jameson Troutman, head of product for small business, is dedicated to innovating based on client need. Some of the […] The post 5 questions with … JPMorgan Chase Head of Product for Small Business Troutman appeared first on Bank Automation News.

Small Business 80

Small Business Product Consulting Automation 80

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 121

Use Case AI Multi-Currency Payments 121

The Fintech Times

JULY 12, 2024

The UAE launched its ‘Strategy for Artificial Intelligence’ (AI) in 2017 to integrate the use of the technology at all levels within the country. Seven years later, organisations continue to align themselves with the strategy, especially as AI’s popularity reaches new heights. ” J.K.

AI 67

AI Visa Economy Enrollments 67

Fintech News

APRIL 15, 2024

In an era where technology and innovation are pivotal to competitive advantage, the financial services industry stands on the cusp of a transformative revolution, primarily driven by the advent and integration of generative AI technologies. trillion to US$4.4 trillion globally across various industries.

AI 112

AI Metaverse Use Case Innovation 112

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. “Collaboration across the banking sector is crucial to enhancing fraud detection, and by sharing data and leveraging AI, we empower ourselves to stay ahead.

Cross-Border Payments 97

Cross-Border Payments Cross-Border SWIFT AI 97

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 115

AI Use Case Risk Deepfake 115

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 104

AI Accounts Audit Compromise 104

The Fintech Times

FEBRUARY 8, 2024

MedibleGo was created with the purpose of empowering micro, small and medium enterprises (MSMEs) through advanced AI technology. It has reached its next milestone in achieving this mission as it has been awarded a grant by Innovate UK , the UK’s innovation agency.

Innovation 57

Innovation AI Economy Addressing 57

The Fintech Times

FEBRUARY 7, 2024

The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.

Government 110

Government Governance AI Regulations 110

Fintech Finance

NOVEMBER 12, 2024

There, the most prominent experts in the field will be sharing their strategic assessments and their thoughts on the latest technological innovations, upcoming regulatory changes and major challenges facing the market. Those prizes recognize the most impactful and disruptive innovations on the identification and payment market.

Innovation 94

Innovation Web 3.0 Fraud Detection Payments 94

Fintech Finance

AUGUST 21, 2024

Today, Skyfire Systems, Incorporated announced the launch of the world’s first payment network built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. AI Agents are a brand new customer base for businesses and a game-changing opportunity.

AI 92

AI Payment APIs and Integration Verification Payments 92

Fintech Finance

AUGUST 29, 2024

Numeral , the payment technology provider, and HSBC Innovation Banking UK , the banking partner to innovators and their investors, today announce a collaboration to enable innovative companies to embed HSBC Innovation Banking UK’s payment and account services via Numeral APIs.

Embedded Payments 97

Embedded Payments Innovation Payment APIs and Integration API 97

Finextra

OCTOBER 15, 2024

A pioneer in open banking, Neonomics unveils an innovative new product suite launched as Nello, with the goal to bring open banking to the next level through AI-driven solutions and seamless payments.

AI 52

AI Innovation Product Payments 52