AI solutions provider Personetics has developed an autonomous technology dubbed Self-Driving Finance that is providing banks with a roadmap for...
Mortgage automation can be applied to every step of the mortgage process to help make lenders more efficient and provide a better user experience.
Much has been written about machine learning and the impact it will have on the future of finance. But when...
AI boasts superhuman abilities when it comes to fighting fraud
Ken Sena runs a group within Wells Fargo Securities and recently introduced an artificially intelligent equity research analyst; the bot tracks stocks and put a sell rating on Facebook and Google, two of the top companies working on artificial intelligence; Sena provides his perspective on the new bot and where it might be falling short. Source
From an anti-money laundering perspective, organizations had significant increases in new customers and transactions over a short period.
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Companies like Hummingbird and Babel Street are successfully applying new technologies to improve the efficiency of long-cumbersome aspects of compliance.
Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
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Artificial Intelligence (AI) will foster the most change of any technology Ravi Subramanian has seen in his 25 years in finance because it allows visionaries to dream big.
The international firm, whose US headquarters are located in Parsippany, NJ, grew its revenue by 35 percent in 2022 while increasing the number of customers by 24 percent.