Brain Walker, Author at B2Bdaily.com

Robotic Process Automation In Fintech

Pega Launches Solution to Enhance Financial Crime Investigation and Alert Management

Pegasystems Inc. (NASDAQ: PEGA), a leading provider of low-code platforms, has unveiled the Pega Financial Crime and Alerts Investigation Management Accelerator. This innovative solution aims to assist financial institutions in effectively managing the growing number of risk alerts and streamlining investigations, leveraging Pega’s intelligent automation, case management capabilities, and groundbreaking generative AI-powered features. Problem Statement Financial institutions face a mounting

October 11, 2023

Robotic Process Automation In Fintech

Blythe Masters Appointed as an Independent Member of SymphonyAI Board

SymphonyAI, a leading provider of predictive and generative AI enterprise SaaS solutions, is delighted to announce the appointment of Blythe Masters as an independent member of its board. This strategic expansion of the board signifies SymphonyAI’s commitment to driving innovation and growth in the field of AI technology. With an impressive background in financial services and financial technology, Masters brings

October 10, 2023

Robotic Process Automation In Fintech

Visa’s $100 Million Generative AI Ventures Initiative: Shaping the Future of Commerce and Payments

Visa, a leading global payments technology company, recently unveiled its ambitious $100 million Generative AI Ventures initiative. This strategic move aims to invest in companies focused on developing generative AI technologies and applications that have the potential to revolutionize the world of commerce and payments. By actively supporting the growth and innovation in this field, Visa seeks to stay at

October 9, 2023

Embedded Finance

The Rise of Embedded Payments: Enhancing Customer Experiences with Virtual Cards

The financial industry is undergoing a transformation as non-banking service providers recognize the value of embedding payments into their suite of offerings. This shift towards embedded payments not only enhances the customer experience but also opens up new opportunities for issuers to build valuable ecosystems and capture emerging markets. In this article, we will explore the power of instant virtual

October 5, 2023

Robotic Process Automation In Fintech

Stampli Raises $61 Million to Revolutionize Accounts Payable Automation

As businesses continue to embrace digital transformation, Stampli, a leading provider of artificial intelligence (AI)-powered accounts payable solutions, recently announced a Series D funding round that raised an impressive $61 million. This boost in capital, led by funds managed by Blackstone, brings the total amount raised by Stampli to an impressive $148 million. With this significant investment, Stampli aims to

October 5, 2023

Robotic Process Automation In Fintech

Visa Ventures Sets Aside $100 Million to Fuel Innovations in Generative AI for Commerce and Payments

Visa, a global leader in payments technology, has recently announced the establishment of a $100 million fund dedicated to investing in companies that harness generative AI technologies and applications for commerce and payments. With its vast potential to shape multiple industries, Visa Ventures, the corporate investment arm of Visa, aims to lead the way in driving advancements in this transformative

October 5, 2023

Robotic Process Automation In Fintech

WorkFusion Launches AI Transaction Monitoring Investigator, Isaac, to Streamline Fraud Detection in Financial Institutions

Financial institutions (FIs) are increasingly turning to AI-powered solutions to streamline their operations and improve efficiency. WorkFusion, a leading provider of AI digital workforce solutions, has recently launched its latest innovation – an AI Transaction Monitoring Investigator called Isaac. This digital worker is designed to assist anti-fraud analysts in managing transaction monitoring alerts more effectively, allowing them to focus on

October 3, 2023

Embedded Finance

The Future of Banking: Embracing Embedded Finance and Digital Ecosystems

Banking is on the cusp of a transformative shift as new technologies and evolving consumer demands reshape the industry. In a recent survey, banking executives shared their insights on the future of banking, revealing a consensus on the rise of embedded finance and the need to act as true digital ecosystems. This article delves into the survey findings, highlighting key

October 2, 2023

Robotic Process Automation In Fintech

Embracing the Power of AI in Banking: Overcoming Challenges and Unlocking Transformation

The adoption of artificial intelligence (AI) is rapidly gaining traction in enterprises and organizations across industries. Its potential to create new value propositions is undeniable. However, the successful implementation of AI at scale faces significant challenges with data infrastructure and sustainability. In the banking sector, where sensitive data drives operations and customer experiences, these challenges must be properly addressed. AI

October 2, 2023

Robotic Process Automation In Fintech

Balancing Innovation and Compliance: Overcoming Barriers to AI Adoption in Financial Services

In recent years, the financial services industry has witnessed a critical influx of Artificial Intelligence (AI) technologies, offering immense potential to revolutionize processes, enhance decision-making, and drive efficiency. However, integrating AI into this framework requires a delicate balance between embracing innovation and ensuring compliance with stringent regulations. In this article, we delve into the various barriers that hinder the widespread

September 29, 2023

Robotic Process Automation In Fintech

European Central Bank Explores AI-Powered Large Language Models for Document Analysis and Software Testing

The European Central Bank (ECB) is venturing into the world of artificial intelligence, particularly the use of large language models (LLMs). These models have the potential to enhance document analysis and software testing capabilities. However, the ECB remains cautious, taking into account data privacy, legal constraints, and ethical considerations. The ECB’s Approach to AI Adoption To accelerate the integration of

September 29, 2023

Robotic Process Automation In Fintech

Exploring the Boundaries: European Central Bank Explores AI Integration in Banking

The European Central Bank (ECB), long known for its innovative approach to central banking, is now venturing into the realm of artificial intelligence (AI) to streamline its operations and enhance efficiency. This article delves into the ECB’s recent experimentation with off-the-shelf AI products, shedding light on their cautious approach, the importance of transparency in decision-making, and the potential impact on

September 28, 2023