The Payments Association

JUNE 26, 2024

These collaborations enable the adoption of advanced security measures and the development of innovative payment solutions. Exceptional customer service, enhanced by loyalty programs, financial tools, and advanced technologies like AI and biometrics, is vital for building trust and customer satisfaction.

Digital Payments 110

Digital Payments Fraud Detection Regulatory Compliance Encryption 110

The Fintech Times

APRIL 30, 2024

Having looked into how embedded finance solutions have impacted various sub-sectors of finance, where could future innovations lead us? ” To find out more about the potential impact of embedded finance, as well as the biggest innovations the space could bring to financial lives across the globe, we reached out to industry leaders.

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

Finextra

AUGUST 1, 2024

TransPecos Banks, an innovative Texas-based community bank, has selected Oscilar’s innovative AI-Powered AML Risk Platform to transform its compliance and risk management capabilities.

AML 52

AML Risk Regulatory Compliance Community Banks 52

Fintech News

JULY 4, 2024

As artificial intelligence (AI) rapidly transitions from a nascent development to a ubiquitous technology accelerating advancements across the financial landscape, far-reaching implications for central banks worldwide are quickly emerging.

Central Bank 82

Central Bank AI Correspondent Bank Correspondent 82

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.

AI 59

AI Automation Regulatory Compliance Rules 59

Fi911

JANUARY 31, 2024

The advent of generative AI (or “Gen AI”) presents a remarkable transformation opportunity for the banking sector in 2024. While the promises of Gen AI are significant, there’s a looming concern about scammers exploiting this technology. Thus, while the excitement surrounding Gen AI is palpable, it is tinged with caution.

AI 85

AI MFA Regulatory Compliance Best Practices 85

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

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. On-Demand Insurance Another innovation is on-demand insurance, which allows customers to purchase coverage when needed.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

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.

AI 75

AI Database Financial Crimes Compliance 75

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 52

AI Risk Automation Data Security 52

The Fintech Times

SEPTEMBER 3, 2024

This month, The Fintech Times is looking at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. The Digital Operational Resilience Act ( DORA ) will into play in January 2025 across the EU.

FinTech 69

FinTech Regulatory Compliance Compliance Cybersecurity 69

Nanonets

FEBRUARY 12, 2024

Among the sectors witnessing a seismic shift, the lending and loan management world stands at the forefront of this AI-powered evolution. In this blog, we'll explore how AI is not just a tool but a paradigm shift, altering lending institutions' DNA and redefining the borrower-lender relationship. The result?

AI 52

AI Fraud Detection Regulatory Compliance Automation 52

FICO

JANUARY 18, 2023

The State of Responsible AI in Financial Services. The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. Regulation of AI is almost certainly on the way. FICO Admin. Thu, 12/19/2019 - 16:29. by Scott Zoldi.

AI 52

AI Regulatory Compliance Regulations Compliance 52

The Fintech Times

AUGUST 9, 2024

Panellists emphasised the inevitability of financial digitisation, with the UAE already leading in AI adoption. One panellist, Jamal Saleh , director general of UAE Banks Federation, shared his view: “The UAE’s progressive approach to CBDCs and AI places it at the forefront of financial innovation.

CBDC 64

CBDC Digital Currency Central Bank Regulatory Compliance 64

FICO

SEPTEMBER 23, 2020

Our customers all around the world bring together innovative approaches and technologies to conquer their challenges. The FICO Decisions Awards shine the spotlight on some of the best success stories of the year. Nominations are due December 4, 2020, and winners will be announced January 22, 2021. by Nikhil Behl. by Nikhil Behl.

Regulatory Compliance 97

Regulatory Compliance Financial Inclusion Best Practices Compliance 97

Finextra

NOVEMBER 20, 2023

In the lead up to Singapore Fintech Festival, Lee Zhu Kuang, Chief Digital, Data and Innovation Officer for Securities Services, HSBC, evaluates the transformative impact of tokenisation and the role of AI standardisation in enhancing scalability and interoperability.

Regulatory Compliance 40

Regulatory Compliance Interoperability Compliance AI 40

Nanonets

FEBRUARY 15, 2024

This is the promise that AI holds in invoice data capture – a promise not just to streamline processes but to revolutionize the core of how businesses manage their financial transactions. In this blog, we explore AI's pivotal role in reshaping the landscape of invoice processing. What is AI-based Invoice Data Capture?

AI 52

AI Automation Process Mitigation 52

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations. They must be able to assess whether unfair discriminations are taking place.

AI 52

AI Regulations Legal Framework Non-Bank 52

FICO

JUNE 4, 2019

What innovations in AI and advanced analytics can propel your digital transformation? With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions and optimizing business results. AI & Machine Learning. Auto Finance.

AI 40

AI Regulatory Compliance Best Practices Financial Crimes 40

FICO

MAY 28, 2019

What innovations in AI and advanced analytics can propel your digital transformation? With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions and optimizing business results. AI & Machine Learning. Auto Finance.

AI 40

AI Regulatory Compliance Best Practices Financial Crimes 40

FICO

JUNE 19, 2019

What innovations in AI and advanced analytics can propel your digital transformation? With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions with AI and optimizing business results.

AI 40

AI Regulatory Compliance Best Practices Compliance 40

FICO

JUNE 19, 2019

What innovations in AI and advanced analytics can propel your digital transformation? With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions with AI and optimizing business results. by FICO.

AI 40

AI Regulatory Compliance Best Practices Compliance 40

The Fintech Times

FEBRUARY 8, 2024

This initiative aims to foster innovation in Saudi Arabia by supporting local and international companies in developing solutions using cutting-edge technologies. The Venture Studio plans to offer comprehensive support and expects to onboard over 500 companies, contributing to Saudi Vision 2030.

Regulatory Compliance 69

Regulatory Compliance Legal Laws Facilitators 69

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. Factors like regulatory compliance obligations and the potential financial or reputational repercussions are also considered during this assessment.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. It outlines various trends, such as the adoption of generative AI, offering both challenges and opportunities.

AI 104

AI Risk Non-Bank On-Demand 104

The Fintech Times

FEBRUARY 25, 2024

Financial institutions orchestrate their offerings based on these events to ensure customer satisfaction and regulatory compliance. With embedded AI for operational efficiency and smart decisioning, emach.AI With the new technology suite, Intellect Design Arena aims to keep a bank’s customer in focus. ” The eMACH.ai

Payment APIs and Integration 105

Payment APIs and Integration Regulatory Compliance API Compliance 105

FICO

OCTOBER 6, 2021

Decision Management Innovation. Regulatory Compliance. We know that many of them have had to make flexibility a virtue as they brought their most innovative ideas and technologies to bear on the challenges thrown at them by the pandemic. Cloud Deployment. Customer Onboarding and Management. Debt Management. in May 2022.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion AI Compliance 52

The Fintech Times

MAY 14, 2024

The journey of Incore Invest began with a vision to catalyse innovation and drive positive change within the financial services sector. Incore Invest is backed by Nordic entrepreneurs and investors who shared my vision about fintech and innovation. It presented new opportunities for innovation and disruption.

Compliance 64

Compliance Privacy FinTech Innovation 64

Fintech Finance

AUGUST 2, 2024

Leveraging machine learning and AI, the platform offers comprehensive monitoring and fraud detection capabilities. ComplyTek’s advancements in AI have significantly contributed to its recent industry recognition.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

The Fintech Times

DECEMBER 28, 2023

Today our leaders address escalating challenges related to fraud and the need for businesses to take proactive measures to address these issues and maintain customer trust and regulatory compliance. Any legislation around fraud and the application of AI should take this into account.”

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81

PYMNTS

MAY 2, 2019

Citi has announced a new initiative aimed at boosting the efficiency and performance of trade transactions with artificial intelligence (AI). ” The financial institution currently digitizes 25 million trade-related documents a year using optical character recognition.

Transactions 53

Transactions AI Cross-Border Risk Mitigation 53

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. Yet, despite these challenges, the fintech industry continues to innovate and adapt, seeking new avenues for growth and development.

FinTech 130

FinTech Consumer Financial Inclusion On-Demand 130

Fintech Review

JANUARY 24, 2024

Adaptability and Innovation in Bank Lending Photo by PNW Production on Pexels.com The long-term success of banks is increasingly linked to their adaptability in lending practices. This growing divide presents a stark choice for financial institutions: to innovate or to remain static.

Risk Management 105

Risk Management Assessments Small Business Innovation 105

Fintech News

JULY 24, 2024

The forum’s theme, “ Boost Resilience, Reshaping Smarter Finance Together ,” encapsulates the industry’s collective ambition to navigate the challenges of an uncertain future through technological excellence and collaborative innovation. This gathering comes at a pivotal moment.

Finance 108

Finance Risk Mitigation Automation AI 108

PYMNTS

APRIL 29, 2019

In a press release , Citi said it teamed up with EY and SAS to create the scoring engine, which aims to streamline the time it takes to review high volumes of trade transactions while also ensuring regulatory compliance. It will expand its offering by using AI to automate more manual processes.

Risk 49

Risk AI Regulatory Compliance Compliance 49

FICO

APRIL 10, 2019

Charis Research has named FICO a category leader in the AI in Financial Services, 2019; Market and Vendor Landscape. FICO was named a category leader in both AI analytics and packaged AI applications. FICO has also developed AI techniques in response to regulatory encouragement for innovation and efficiency in AML programs.

AI 51

AI Real Time Payments Account Takeovers AML 51

The Fintech Times

DECEMBER 7, 2023

The buzz surrounding artificial intelligence ( AI ) has grown exponentially throughout 2022 and 2023, and the early signs are that this trend will continue into next year. With generative AI, we’ve gone one step further.”

FinTech 59

FinTech AI CBDC Risk 59