The Fintech Times

APRIL 8, 2024

Global law firm DLA Piper, i n partnership with The Fintech Times and The Fintech Power 50, recently hosted a fascinating evening event at its head office in London addressing how established players and disrupters in the insurance industry can navigate through the complexities of artificial intelligence (AI).

AI 59

AI Risk Legal Framework Use Case 59

Fintech Finance

SEPTEMBER 18, 2024

Slope’s innovative payment platform offers two key payment solutions for B2B customers: “Pay Later” (Net Terms or Installments) and “Pay Now” (ACH and credit card acceptance). We appreciate their investment in the payments innovation community and are excited to serve the largest enterprises together.

B2B 80

B2B Reconciliation Payments Risk Assessment 80

The Fintech Times

MARCH 28, 2024

Synergy between innovation-driven startups and established industry players is not only reshaping traditional practices but also addressing the dynamic needs of modern consumers. We reached out to insurance experts to gain insights into how startups and incumbents are collaborating to drive innovation and meet changing consumer demands.

Innovation 69

Innovation Consumer On-Demand Risk Assessment 69

Tearsheet

AUGUST 7, 2024

Morgan’s extensive client relationships with Slope’s AI-driven B2B payment platform. Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. What specific capabilities or innovations from Slope attracted J.P. The partnership brings together J.P.

AI 59

AI B2B Finance Underwriting 59

Finovate

JUNE 4, 2024

AMLYZE Co-Founder and Head of Partnerships Jekaterina Govina praised Aura Cloud for its “commitment to agility and innovation” which Govina said “aligns perfectly with our mission to provide AML/CFT solutions, built by regulatory insiders who understand customer pain points from the inside out.”

Financial Crimes 64

Financial Crimes Crime Risk Assessment AML 64

Nanonets

DECEMBER 25, 2023

Traditionally, this process has been plagued by manual errors, time-consuming verifications, and a plethora of administrative challenges, prompting the healthcare industry to seek innovative solutions. Enter Artificial Intelligence (AI), a technological powerhouse reshaping industries across the globe.

AI 59

AI Process Payer Fraud Detection 59

PYMNTS

DECEMBER 9, 2020

There are countless technologies banks are employing to help them in this task, but none are as effective as artificial intelligence (AI). The practical applications for AI extend far beyond credit risk assessment and detection, however.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

Fintech News

MAY 22, 2024

The list features the 50 most innovative tech companies offering solutions in financial crime and fraud prevention in the world. These companies were selected by a panel of industry experts and analysts based on their industry significance, growth, innovation and value propositions.

Financial Crimes 73

Financial Crimes Crime APACS Risk Assessment 73

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

Seon

JUNE 24, 2024

By adopting proactive measures such as continuous monitoring, real-time analytics, and comprehensive risk assessment protocols, organizations can layer their defenses against identity-related threats. AI-powered solutions also enable dynamic adaptation to evolving cyber threats in real time.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. AI tools review customer data and suggest edits to premiums when a customer’s situation changes.

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

Nanonets

AUGUST 1, 2023

In the rapidly evolving world of auditing, innovative technologies have revolutionized traditional practices. Notably, artificial intelligence (AI) has emerged as a key disruptor, holding immense potential to reshape accounting and assurance professions. How is AI used in audit? reduction in audit fees.

Audit 52

Audit Risk Assessment AI Assessments 52

PYMNTS

SEPTEMBER 23, 2019

By leveraging new machine learning and artificial intelligence (AI) technology, Quantifind said it can handle processes in new ways that weren’t possible just a few years ago. We have identified Quantifind’s technology for external data review and intelligent risk assessments as truly best-in-class.

AML 65

AML Compliance Financial Crimes Automation 65

The Fintech Times

MARCH 31, 2024

This March, The Fintech Times has turned Its focus towards insurtech, shedding light on the innovative advancements and sustainable initiatives within the insurance sector. Is the insurance sector risking over-reliance on artificial intelligence, and what’s the balance between innovation and human expertise?

Risk 64

Risk AI Underwriting Automation 64

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. Experts anticipate that by 2028, the majority of banking, investment, and insurance processes will be assisted or driven by AI technologies.

FinTech 127

FinTech Embedded Finance BNPL AI 127

The Fintech Times

JULY 11, 2024

In fact, fintech innovations are taking place across the globe, with addressing the climate crisis an utmost priority. To find out, we explore the different initiatives and innovations worldwide leading the net-zero race. However, the fintech industry is not one that has stood still in this regard.

FinTech 105

FinTech Finance Innovation Government 105

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 News

SEPTEMBER 9, 2024

They have produced around 80 unicorn startups, according to Dealroom, showcasing their vibrant innovation ecosystems. Founded in 2017 in Copenhagen, the company harnesses advanced technologies such as artificial intelligence (AI) and machine learning (ML) to help asset managers and investors assess the real-world impact of their investments.

APACS 101

APACS FinTech Assessments Risk Assessment 101

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

FICO

JANUARY 24, 2018

Two of today’s hottest tech topics — cybersecurity insurance and artificial intelligence (AI) — were well represented at recent conferences in insurance and banking, respectively: Advisen Cyber Risks Insights Conference and Bank AI Expo. Bank AI Expo: Chatbots Not Yet Ready for Prime Time. Here’s my take.

Cybersecurity 55

Cybersecurity AI Underwriting Risk 55

Nanonets

APRIL 11, 2023

This increased competition has placed pressure on commercial lenders to innovate and differentiate themselves to retain as well as attract customers. This requires robust risk assessment and credit decision-making processes, which can be resource-intensive and challenging to implement effectively.

Origination 52

Origination Automation Risk Assessment Underwriting 52

Fintech News

MAY 16, 2024

The government has launched several initiatives to promote innovation and growth in the sector, including the Singapore FinTech Festival, which features a dedicated insurtech conference. The market is set for significant growth, driven by the rise of innovative products and services catering to evolving consumer demands.

Online and Mobile Banking 93

Online and Mobile Banking Innovation Blockchain Fraud Detection 93

The Fintech Times

MARCH 12, 2024

This March, The Fintech Times is turning its focus towards insurtech, shedding light on the innovative advancements and sustainable initiatives within the insurance sector. It allows insurance providers and their customers to assess the risks of today and help prepare them for those of the future.”

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

PYMNTS

JANUARY 22, 2020

With the new IBM Policy Lab, IBM is looking to regulate artificial intelligence (AI) development in a way that is safe, but does not infringe upon the creation of new technology, reports said. The lab, soft-launched in November, will allow IBM the space and time to craft a vision for AI moving forward. The Policy Lab will be busy.

AI 52

AI Risk Assessment Risk Management Regulations 52

Fintech Finance

DECEMBER 13, 2023

Napier is providing its Transaction Monitoring, Client Screening, Client Risk Assessment and Client Activity Review solutions to noqodi, in order to further strengthen its commitment to supporting the government’s initiative to a secure, cashless, digital economy.

Digital Payments 52

Digital Payments Financial Crimes Security Payment APIs and Integration 52

The Fintech Times

JULY 16, 2024

Moody’s , the credit analysis and performance management platform, has launched a new Early Warning System using generative AI (genAI) to monitor investors’ portfolios and alert them of any impactful headlines. This transformative technology helps our clients make more informed decisions faster and with greater confidence.”

Risk Assessment 52

Risk Assessment Assessments Risk On-Demand 52

The Fintech Times

APRIL 26, 2024

Without a stable and strong foundation to build on, implementing novel digital tools – AI and otherwise – in AML teams would not bring about the desired improvements in effectiveness and efficiency. Transaction monitoring (79 per cent) and screening (59 per cent) are the main AML functions respondents are planning to use AI for.

AML 59

AML Regulations Financial Crimes Money Laundering 59

The Fintech Times

MARCH 27, 2024

“To identify potential front and shell companies, financial services firms need to actively monitor transaction volumes and frequencies, while examining clients and counterparties for high-risk indicators such as locations of owners and controllers.

Money Laundering 93

Money Laundering Financial Crimes Crime Due Diligence 93

The Fintech Times

DECEMBER 28, 2023

“Ultimately, in the absence of substantial global policy coordination, the private sector’s role in innovating and implementing effective fraud solutions will become increasingly crucial. AI-powered analytics will help enhance fraud detection, while not compromising customer experience with unnecessary checks or false positives.

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81

FICO

APRIL 28, 2023

credit risk and FICO® Score trends. At the same time, increasing adoption of recent innovations in credit scoring solutions should benefit consumers, leading to greater consumer empowerment opportunities and credit access. consumer data not included in the traditional credit file) for credit risk assessment.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

The Fintech Times

DECEMBER 14, 2023

The use of AI in finance can bring big changes to how customers experience financial services, manage risks, detect fraud, and more. Take, as a few examples, the way AI is now used for risk-assessment purposes, analysing large amounts of data, and assessing creditworthiness quickly and effectively.

FinTech 69

FinTech Innovation Assessments Economy 69

Seon

MARCH 20, 2024

The digital frontier is poised for exponential growth as advanced technologies reshape our world with innovation, convenience and efficiency. Beyond detecting fraud in onboarding circumstances, digital footprinting offers profound insights into risk assessment by facilitating a deeper data-driven understanding of a user’s digital behavior.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

PYMNTS

APRIL 16, 2019

But it occurred to them that their solution was useful outside of HR — and that many of the things that made someone a good hire of over time could also make them a good credit risk over time, if the artificial intelligence (AI) model they were using to screen with were modified to that task. Expanding Access to Credit With AI.

Risk 89

Risk AI Underwriting Assessments 89

FICO

JANUARY 4, 2018

As artificial intelligence applications exploded last year, our blog posts on AI and machine learning drew thousands of readers. Indeed, taken together, they explored many aspects of Explainable AI and its applications, particularly in the area of credit risk. Explainable AI Breaks Out of the Black Box.

Posting 55

Posting AI Credit Risk Risk 55

Seon

APRIL 23, 2024

Modern fraud risk management systems aim to proactively identify and thwart fraudulent activities before they occur or at the earliest juncture possible, ensuring the integrity of transactions without hindering the user experience – an approach that aligns with the growing expectations for seamless and secure digital transactions.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Fintech News

JANUARY 9, 2024

These trends offer both opportunities and challenges for established financial institutions and innovative start-ups, reflecting the ever-evolving nature of the industry. Embracing Artificial Intelligence (AI) and Machine Learning (ML) AI and ML are gaining substantial traction within the APAC fintech sector. billion by 2027.

APACS 86

APACS FinTech Digital Currency Blockchain 86

The Fintech Times

JANUARY 30, 2024

We’re specifically focused on meeting the needs of the European startup and SME ecosystem, which is among the most innovative and advanced business communities in the world but still hindered by a funding gap due to an over-reliance on outdated financing solutions. AI is a hot-button topic everywhere, and fintech is no exception.

Fraud Detection 59

Fraud Detection Risk Assessment FinTech AI 59