Finovate

OCTOBER 3, 2024

How can companies take advantage of the opportunity of AI to grow revenues, help develop new products, and better engage customers? Our latest Streamly interview features Chris Brown, President of Intelygenz , who shares strategies for businesses to effectively implement AI.

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AI Use Case Consulting Research 65

Fintech News

AUGUST 29, 2024

Payments firm Stripe has announced several new features aimed at enhancing cross-border commerce in Asia, including AI-powered payment tools and expanded market coverage. Stripe research shows that 90% of customers choose to check out in their local currency. in cross-border revenue and an 8% uplift in conversion rates.

Fraud Prevention 111

Fraud Prevention AI Cross-Border Cross-Border Payments 111

The Fintech Times

FEBRUARY 5, 2024

The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm. This was restricting digital access and innovation.

Cross-Border Payments 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

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.

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Governance Government AI Regulations 112

Fintech News

AUGUST 14, 2024

Prudential has announced an expanded strategic partnership with Google Cloud to introduce AI-driven products and applications aimed at enhancing experiences for customers, agents, and employees. The lab will provide Prudential’s 15,000 employees with tools and a structured environment to develop scalable AI products.

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AI Product Facilitators Innovation 83

The Fintech Times

SEPTEMBER 25, 2024

More than half of banks (55 per cent) view their current core banking solutions as the biggest obstacle to achieving their digital transformation objectives, according to new research from 10x Banking. The research also found that 93 per cent of respondents believe their future success relies on selecting the right core banking solution.

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AI Compromise Research Risk 69

The Fintech Times

MAY 14, 2024

Temenos , the SaaS cloud banking solution provider, has launched new generative AI solutions as part of its AI-infused banking platform, in a move hoping to change how banks interact with their data, as well as boost productivity and profitability. Temenos generative AI also enables users and regulators to verify the results produced.

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AI Financial Crimes Audit Crime 122

Finovate

AUGUST 26, 2024

In a recent post about the themes of FinovateFall 2024 (New York City, September 9 – 11), we recognized just how much our demoing companies were leveraging AI to help build innovative financial solutions in everything from payments and lending to cybersecurity and regulatory compliance.

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AI Credit Union Regulatory Compliance Research 59

The Fintech Times

JUNE 17, 2024

According to research from fraud prevention platform Ravelin , the UK economy and businesses that reside within it are at great risk, as the UK’s online fraud presence has increased the most out of 10 countries surveyed in the past 12 months. AI-powered fraud Predictions about artificial intelligence-enabled fraud have been everywhere.

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Research Fraud Prevention AI Verification 122

Fintech News

JULY 24, 2024

A recent study by Jumio , a provider AI-driven identity verification and compliance solutions, has found that a significant majority of Singapore consumers are concerned about the impact of deepfakes on the upcoming elections. It revealed that 83% of Singaporeans are concerned about for AI and deepfakes in politics, compared to 75% globally.

Deepfake 100

Deepfake AI Verification On-Demand 100

The Fintech Times

SEPTEMBER 7, 2024

Research from AI-powered decision intelligence for service operations provider, ActiveOps has found that organisations are turning to AI to solve this issue. In its research , Ready or not AI is here , ActiveOps finds that 46 per cent of businesses are already aware of the benefits of AI and are integrating the technology.

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AI Technology On-Demand Research 64

The Fintech Times

FEBRUARY 16, 2024

New research from Economist Impact supported by Temenos has revealed that almost half of European banks are investing in fintech start-ups while 36 per cent are building their own greenfield digital bank or fintech company. The research also included interviews with industry practitioners to gain further insights.

AI 139

AI Multi-Currency Non-Bank Underserved 139

The Fintech Times

APRIL 15, 2024

Artificial Intelligence (AI) has dominated discussion across all fintech sub-sectors for at least the last couple of years and continues to do so. With this in mind, it only makes sense that we delve into the impact that AI has had on the embedded finance space as part of our April monthly theme.

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Embedded Finance AI Finance Assessments 134

Fintech News

MAY 6, 2024

The summit also served as a platform for launching AWS’s flagship AI programme, AWS AI Spring for Singapore. This initiative is part of Singapore’s broader National AI Strategy 2.0, aligning with the government’s S$1 billion investment in AI. said Priscilla Chong, Country Manager, Singapore, AWS.

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AI On-Demand Economy Governance 109

Fintech Review

OCTOBER 1, 2024

Recent consumer research conducted by FullCircl reveals critical insights into public perception of digital identity verification processes. According to FullCircl ’s research, 47% of consumers have undergone digital identity verification in the past 24 months, and 78% have been asked to upload a photo of their ID document during the process.

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AML Verification Research Consumer 98

The Fintech Times

JANUARY 9, 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. How should firms be utilising AI in the near future to both ensure the best results for their business and to not be left behind?

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AI FinTech Online and Mobile Banking Best Practices 119

Fintech News

JUNE 3, 2024

In the financial services industry, artificial intelligence (AI) is emerging as a transformative force, promising to reshape the way institutions operate, innovate, and compete on a global scale. However, challenges including AI talent scarcity and limited collaboration between financial institutions and AI fintech startups.

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AI Accreditation FinTech Finance 91

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. The research published by Capgemini found that many chief experience officers (CXOs) plan to increase investment in digital technology by up to 10 per cent to help achieve inward growth.

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AI Fraud Detection Automation APACS 128

Finovate

JULY 15, 2024

Enjoy insights on AI in banking, AI in small business lending, and the future of financial wellness, debt collection, and credit-building. Greg Palmer interviewed Maya Mikhailov, CEO of SAVVI AI , on the importance of bringing concrete value to banks through AI. How is AI changing the nature of SMB loan origination?

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AI Credit Union Non-Bank Origination 65

Fintech Finance

AUGUST 14, 2024

Over half of consumers worldwide (56%) have changed their spending habits from a year ago, not only becoming more price conscious but demanding payment choice, from debit cards and bank transfers to digital wallets and cash, according to new research from Paysafe (NYSE: PSFE), a global payment processor and digital wallet provider.

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Research Consumer Debit Card Payments 97

Finovate

JUNE 17, 2024

AI may be one of the most misunderstood concepts in financial services at the moment. Accenture’s AI report helps demystify a bit of the AI enigma. The firm spent multiple years surveying executives in a range of industries to compile a report detailing how to harness the power of AI.

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AI On-Demand Continuity Technology 59

Fintech News

MAY 13, 2024

Banking software company Temenos announced the launch of its new Responsible Generative AI solutions, aimed at enhancing core banking operations at the Temenos Community Forum 2024. The company introduced these AI solutions to integrate with its existing banking platforms, including Temenos Core and Financial Crime Mitigation (FCM).

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AI Financial Crimes Crime Mitigation 86

Fintech News

JANUARY 23, 2024

Bloomberg has unveiled a new tool, AI-Powered Earnings Call Summaries, on the Terminal, showcasing the practical use of artificial intelligence in enhancing the research process for analysts. This AI-Powered Earnings Call Summaries tool complements Document Search, another function on the Bloomberg Terminal.

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Financial Analysis AI Research SWIFT 83

The Fintech Times

JUNE 19, 2024

Firstrade , an online trading firm, has launched ‘FirstradeGPT’ a new research and analysis AI tool for investors looking to make faster and more informed financial decisions. The post Firstrade Unveils AI Investment Tool to Help Retail Traders Stay Competitive appeared first on The Fintech Times.

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AI Research Continuity Technology 59

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.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

Finovate

APRIL 9, 2024

At the conference, Lucinity demonstrated its AI-enabled copilot, Luci , which enhances financial crime compliance via insight generation, report writing, and automation. Just last month, Lucinity secured the Chartis Research Award for Workflow Automation. Regtech innovator Lucinity is starting to draw attention.

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Automation AI Innovation Financial Crimes 110

Fintech News

JUNE 17, 2024

The global wealth management industry is undergoing a profound transformation, including in Asia, driven by the convergence of technological advancements like artificial intelligence (AI), shifting investor preferences, and evolving economic conditions.

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AI Value Added Service Innovation Bots 125

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).

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Use Case AI Innovation CHIPS 64

Fintech Finance

AUGUST 28, 2024

Stripe , a financial infrastructure platform for businesses, today gave an update on the growth of the internet economy in Asia, highlighting Stripe’s expanded market coverage and AI-powered payments to support cross-border commerce. Stripe has also introduced AI-powered tools to help combat fraud, including Radar Assistant.

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Cross-Border AI Payments Cross-Border Payments 94

Fintech Review

SEPTEMBER 5, 2024

Palo Alto, California, United States, September 5th, 2024, Chainwire AI-driven platform detects fraud at its earliest stages, preventing billions in potential crypto losses As scams grow more sophisticated and increasingly target crypto for laundering billions in losses, CUBE3.AI AI is pioneering a new era in fraud prevention.

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Scams Blocks AI Fraud Prevention 52

The Fintech Times

APRIL 24, 2024

Mastercard has unveiled a range of AI-powered security solutions and forged industry partnerships with Verizon, NatWest, Entersekt and Global Anti-Scam Alliance in a mission to tackle the rise of scams and impersonation fraud. Financial institutions NatWest has implemented Mastercard’s AI-powered Consumer Fraud Risk solution.

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Fraud Prevention Visa AI Scams 105

Finovate

MAY 13, 2024

The week begins with a few research-related announcements in the fintech and financial services space. 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. What Ails Insurtech? There are obstacles.

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AI Federal Reserve Underwriting Risk 120

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. Here are five real-world applications of generative AI in Asia. trillion to US$4.4

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AI Financial Crimes Crime SWIFT 103

The Fintech Times

SEPTEMBER 23, 2024

Artificial intelligence (AI) and environmental, social and governance are some of the industry’s favourite terms to throw around. AI promises to make a huge impact on every aspect of financial services, while ESG principles are important to abide by to ensure firms look after the planet and their people.

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AI Regulations Fraud Detection Regulatory Compliance 59

Nanonets

AUGUST 7, 2023

Join us as we dive headfirst into the captivating realm of AI image processing. What is AI Image Processing? At its core, AI image processing is the marriage of two cutting-edge fields: artificial intelligence (AI) and computer vision. How does AI Image Processing Work? 

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AI Process On-Demand Automation 90

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. Is automation necessary?

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AI Automation Regulatory Compliance Rules 59

Finovate

AUGUST 13, 2024

Financial crime compliance platform Lucinity announced a strategic partnership with AI data management company Knights Analytics. The partnership will bring advanced AI-powered data management capabilities to bear to fight financial crime. Lucinity made its Finovate debut at FinovateSpring 2023 in San Francisco.

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Financial Crimes Crime Compliance AI 59