Best Is Yet to Come - 61% in Financial Services Organizations Use, or Plan to Use, Artificial Intelligence, but 31% Still Waiting for Return on Investment
- 3 years 2 months ago
- Artificial Intelligence, Data, Data Management
Report highlights how AI is used today and its future integration into the business strategies of financial services organizations
Bethpage Federal Credit Union To Go Live With Scienaptic’s AI-Powered Credit Decisioning Platform
- 3 years 2 months ago
- Artificial Intelligence, Lending
Initial tests show potential for 70-90% increase in automated decision-making and double-digit increases in credit approvals for card and auto portfolios
Sage Adds New AI Capability to Further Augment Digital Transformation for CFOs
- 3 years 2 months ago
- Artificial Intelligence
Latest Sage Intacct release leverages AI to fully automate key financial processes, shifting Time from manual processing to higher-value tasks
Cnvrg.io, an Intel Company, Announces Ai Blueprints, an Open-source Suite of Developer Friendly Ready-made Ml Pipelines
- 3 years 2 months ago
- Artificial Intelligence
cnvrg.io AI Blueprints deliver end to end and open-source ML pipelines and Model APIs to enable developers to deliver and productionize AI in minutes
Avanse Financial Services Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform
- 3 years 2 months ago
- Artificial Intelligence
Leading AI-powered credit decisioning disruptor, Scienaptic AI announced that Avanse Financial Services has completed implementation and is now live on its platform. The implementation will enable Avanse to automate its loan decisioning to offer seamless education financing to students.
U GRO Capital Goes Live on Scienaptic’s AI-Powered Credit Underwriting Platform
- 3 years 2 months ago
- Artificial Intelligence
U GRO to leverage platform’s Early Warning Predictions Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that U GRO Capital, an Indian listed MSME lending fintech company, is now live on its platform. This collaboration will facilitate better early warning signal mechanism for credit underwriting and enhance loan decisioning for the MSME sector in India.
BlueBarricade Signs IBM Mainframe Agreement with HCL Technologies to Support new Blockchain and AI Solutions
- 3 years 2 months ago
- Artificial Intelligence, Blockchain
Access to global processing capacity gives the Swedish Fintech frontrunner speed and scalability to deliver new business applications to customers
Nanonets Raises $10m From Elevation Capital to Help Global Enterprises Automate Their Document Workflows Using Ai
- 3 years 3 months ago
- Artificial Intelligence
Nanonets has grown its revenue over 10x in the past 18 months due to high demand from customers which include Global Fortune 500 companies. Nanonets, an AI-based document workflow automation platform, today announced a successful raise of $10M Series A investment round, led by Elevation Capital. The funds will be used to expand Nanonets’ engineering and AI/ML teams as well as hyper-scale its operations and go-to-market teams in new geographies.
Databricks Launches Lakehouse for Financial Services to Accelerate Data-Driven Innovation Across the Industry
- 3 years 3 months ago
- Artificial Intelligence, Data
Lakehouse for Financial Services delivers partner solutions, use-case accelerators, and data monetisation capabilities designed to address the unique requirements for Financial Service Institutions Company also taps former Salesforce executive Michael Hartman as new SVP of Regulated Industries to drive customer adoption across the highly regulated areas of banking, insurance and payments
Northern Credit Union Now Live On Scienaptic’s AI-Powered Credit Decisioning Platform
- 3 years 3 months ago
- Artificial Intelligence
More member approvals and better member experience for auto and loan portfolios Leading global AI-powered credit decision platform provider, Scienaptic AI announced that deployment of its platform at Northern Credit Union is now live. This deployment will enhance and augment Northern Credit Union’s credit decisioning and underwriting capabilities for new and prospective members.
AI Regulation in Finance: Where Next?
- 3 years 3 months ago
- Artificial Intelligence
In the last three years, financial regulators worldwide have been actively highlighting the need for responsible use of Artificial Intelligence/ Machine Learning (AI/ML). What have they been saying? What common underlying concerns and regulatory themes are emerging? What can the industry expect in the coming years, and how can it start responding now? By Shameek Kundu, Head of Financial Services and Chief Strategy Officer at TruEra.
11/02 – Weekly Fintech Recap
- 3 years 3 months ago
- Artificial Intelligence, Blockchain, E-Commerce, Open Banking, RegTech, Banking, Online Banking, M&A Deals, People Moves
Partnerships Refinitiv expands collaboration with Microsoft to launch market-data powered AI Assistant in Microsoft Teams
Provenir Appoints Lewis Horder to Lead Expansion in Benelux Region
- 3 years 3 months ago
- Artificial Intelligence, Risk Management
Appointment highlights company’s expanding global footprint Provenir, a global leader in AI-powered risk decisioning software, today announced Lewis Horder has been appointed Sales Executive to serve the growing number of organizations seeking AI-powered risk decisioning solutions. Lewis will oversee sales operations, business development and go-to-market strategies for Benelux.
Refinitiv Expands Collaboration with Microsoft to Launch Market-data Powered AI Assistant in Microsoft Teams
- 3 years 3 months ago
- Artificial Intelligence, Investment
Refinitiv AI Alerts powered by ModuleQ, an artificial intelligence-driven personalized assistant, is designed to provide breaking news and actionable insights to investment bankers and analysts, asset and wealth managers, financial advisors, and the broader financial services community. Refinitiv, an LSEG business, today announced the launch of Refinitiv AI Alerts, a market-data powered intelligent assistant available in Microsoft Teams.
Alfa-bank Customers Can Update Their IDs Data Directly in the Mobile App Without Visiting the Office
- 3 years 3 months ago
- Artificial Intelligence, Digital Identity
Alfa-Bank offered its customers the opportunity to renew their IDs data directly in the mobile application. The new service allows you to update data if the ID document is replaced, lost, or for other reasons – you do not have to visit the office for this purpose.