Nanonets

AUGUST 20, 2023

Understanding Robotic Process Automation Robotic Process Automation, or RPA, is a technology that uses software robots, or bots, to automate repetitive tasks and processes. These bots mimic human actions by interacting with various systems and applications, such as data entry, screen scraping, and decision-making.

Bots 52

Bots Automation API Process 52

PYMNTS

APRIL 23, 2020

Wielding its database of SMB information, the portal eases identification and underwriting for PPP lenders to accelerating funding. Robotic process automation technology firm Automation Anywhere is deploying AI-powered bots to enable FIs to automate PPP loan application acceptance and processing, the company said. Automation Anywhere.

FinTech 56

FinTech Automation Bots Community Banks 56

The Fintech Times

MARCH 31, 2024

Allianz Partners has got two AI bots working on travel claims. Florence, the second bot picks up some of the routine administration that can slow down claims – for example it automatically chases customers to provide documents that they’ve promised to get to us. “AI is only useful when it works in tandem with human intelligence.

Risk 64

Risk AI Underwriting Automation 64

Fintech News

OCTOBER 28, 2024

Additionally, SmashFi provides an automated trading bot to help increase the user’s Bitcoin holdings. ALGOGENE (Hong Kong) ALGOGENE is the next-gen investment platform for learning, developing, testing, executing and investing trading bots. DigiChain Innovations (Australia) DigiChain Innovations is a full-fledged web 2.0

FinTech 114

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 114

PYMNTS

MARCH 10, 2020

The company recently announced new so-called “BOTs” designed to automate an array of procure-to-pay processes, including one that automates the review of contractual clauses to ensure that agreements between buyers and suppliers are met – with obvious benefits for both sides of the B2B transaction.

B2B 57

B2B Automation Accounts Agreements 57

Nanonets

AUGUST 16, 2024

RPA bots can handle tasks like data entry , verification of claim details, updating status in the claims management system, and even communication with customers. Its AI bot, “Jim," processes claims instantly, assessing eligibility and disbursing payments within minutes for simple claims. Explore Nanonets AI for Insurance

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Fintech Labs Insights

JANUARY 11, 2017

Underwriting. Fintech example : AI can help underwriters create a uniform metric that accurately identifies risk across borrowers. The lending industry has already transformed its underwriting practices from relying on large databases to now using AI to analyze large amounts of scattered, unstructured data.

AI 30

AI FinTech Bots Advisors 30

PYMNTS

APRIL 19, 2018

Potential AI use cases go far beyond just internal authentication processes and AI-powered chat bots in the financial services space, however. AI can help banks understand how to underwrite risk, or even help read and summarize legal documents. Fraud and AML is one example, but there could be so much more.

AI 40

AI AML Authentication Use Case 40

Nanonets

MAY 10, 2023

These could be forms that gather information from such an application or network, such as requests, emails, messages, bots, or data. Workflows may be reliant on data or information from various sources. Be mindful of all handoffs. Problems frequently arise when a process item or piece of information is transferred.

Automation 98

Automation Rules Procedures Process 98

FICO

MARCH 6, 2020

AI will lead to more tailored products and services, reduced risk, increased productivity and smarter decision-making in all areas of banking and finance – be it fraud prevention, credit risk scoring, insurance underwriting, claims assessment or investment strategies.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

PYMNTS

MARCH 7, 2019

Walmart has announced a new partnership with digital lender Affirm that will make Affirm’s POS underwriting services available as an alternative to cash and traditional credit at nearly 4,000 Walmart Supercenters nationwide. And, as luck would have it, there is no shortage of things to cover for our inaugural edition.

Consumer 40

Consumer Product Third-Party Service Provider Process 40

CB Insights

JUNE 17, 2020

While the vast majority of retail and banking chatbots are customer-facing, JPMorgan has been pushing the boundaries of what bots can accomplish in its back-end operations. The company has used chatbots to automate routine tasks formerly handled by administrative employees since 2017.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

APRIL 2, 2018

It’s much more likely that they engaged in an extensive bot-based data scraping operation to get a lot of that information from Facebook – a practice that is already against Facebook’s rules, and something they work very hard to prevent. And, Webster said, someone should have noticed. Not necessarily so, Madhu said.

Privacy 46

Privacy Regulations Authentication Bots 46