The Consumer Financial Protection Bureau (CFPB) has been monitoring banks’ increasing use of AI-powered chatbots amid a surge of complaints from frustrated customers. While chatbots can offer a
The Consumer Financial Protection Bureau (CFPB) has been monitoring banks’ increasing use of AI-powered chatbots amid a surge of complaints from frustrated customers. While chatbots can offer a
Artificial Intelligence (AI) has become a game-changer for the financial services industry. With the advent of big data, fintech companies can now leverage AI to analyze vast amounts
Fusion Risk Management, a leading provider of software solutions for business continuity, risk management, IT disaster recovery, and crisis management, has announced an expanded functionality of its third-party
Xaindex, a crypto liquidity platform focused on researching and applying neural networks and artificial intelligence algorithms in high-frequency trading and investments, has launched a new synthetic intelligence (SI)
Swan, a fintech startup based in France, has achieved a significant milestone by open-sourcing its no-code banking interfaces. This move has reduced the time to market of new
Financial institutions are required by law to comply with Anti-Money Laundering (AML) regulations in order to prevent illicit financial activities, such as fraud, terrorist financing, and money laundering.
As financial services companies aim to increase lending volumes and reduce loan processing times, the need for automation tools has never been more pressing. Automation can help companies
The financial technology (FinTech) industry has undergone a revolutionary change in the past decade, aided by technological advancements that have paved the way for new products and services.
Clearcover Insurance Company has recently partnered with Experian’s auto insurance comparison shopping service to launch an embedded insurance solution. The primary goal behind this collaboration is to revolutionize
Regions Bank, one of the largest financial institutions in the US, has partnered with Temenos, a leading provider of banking software, to upgrade its legacy system for records
In the world of digital commerce, data is crucial because it helps businesses identify their customers, understand their behavior, and create personalized experiences. However, digital commerce also faces
Quantum computing has emerged as a promising technology with the potential to revolutionize various industries. The financial sector is one such area where quantum computing can bring significant
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