Brain Walker, Author at B2Bdaily.com

Robotic Process Automation In Fintech

Revolutionizing Fintech: Unleashing the Power of Open-Source Technology and AI Integration

Open source technology is gaining increasing popularity in the financial world. As more and more financial organizations adopt this technology, they are discovering the numerous benefits it offers, including accelerated product development timelines, meeting regulatory demands, exceeding customer expectations, and staying competitive in an increasingly crowded market. However, the very nature of the technology can also pose security concerns, especially

June 14, 2023

Embedded Finance

Revolutionizing SMEs: Harnessing Embedded Finance and the Path to Sustainable Growth in the Digital Era

Embedded finance has rapidly become one of the most talked-about areas of fintech innovation in recent years. Defined as the integration of financial services into non-financial products and services such as retail, mobility, or healthcare, embedded finance is fast becoming a growth opportunity for businesses of all sizes, particularly small and medium-sized enterprises (SMEs). The Growth Potential of the Embedded

June 13, 2023

Robotic Process Automation In Fintech

Revolutionizing Debt Collection: How AI-Powered Chatbots and Voicebots Transform Borrower Engagement and Collection Efficiency

The banking and financial services industry has been leveraging the latest technologies to improve customer experiences and streamline their workflows. A combination of technologies such as artificial intelligence (AI), natural language processing (NLP), and robotic process automation (RPA) is helping the industry move forward in this direction. In this article, we will explore how these technologies are enhancing debt collection

June 13, 2023

Embedded Finance

Empowering SMBs: Embedded Finance and The Digital Payments Revolution

As we move towards a more digitally enabled world, it’s not just the way we communicate or gather information that’s changing; the way we pay for goods and services is also evolving. Digital payments have become the new norm, replacing traditional methods such as cash or card payments. They offer a faster, more convenient, and secure way to manage transactions.

June 12, 2023

Robotic Process Automation In Fintech

MatchGPT: Finnovating’s Revolutionary AI Solution for Streamlining Tech Partnerships and Growth Opportunities

Matching businesses with the right partners is becoming increasingly difficult in today’s crowded market. Technology can help, but it can also be overwhelming. Finnovating, a Madrid-based startup, has developed its own Generative Pre-Trained Transformer called MatchGPT, to make B2B matchmaking simpler and more effective. Background on Finnovating and Its B2B Matching Platform Finnovating began as a B2B matching platform that

June 8, 2023

Robotic Process Automation In Fintech

The Rise of AI-Powered Chatbots in Banking: Ensuring Proper Deployment for Customer Trust and Legal Compliance

Advancements in technology have brought about the use of artificial intelligence (AI) in various industries, including banking. One of its most notable applications is the use of AI-powered chatbots to engage with customers. While chatbots can provide convenience and efficiency, they also come with challenges. In recent years, the Consumer Financial Protection Bureau (CFPB) has been monitoring the increasing use

June 8, 2023

Robotic Process Automation In Fintech

Navigating the Chatbot Challenge: CFPB’s Oversight and Recommendations for Banks Implementing AI Customer Service

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 fast and efficient way for financial institutions to interact with customers, they can also lead to customer frustration, reduced trust, and even violations of the law. In this article, we will explore

June 8, 2023

Robotic Process Automation In Fintech

Leveraging AI in Financial Services: Reducing Risk and Increasing Financial Inclusivity

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 of financial data and provide insights, recommendations, and forecasts to customers. Moreover, AI tools are also improving risk management practices and facilitating financial inclusivity by providing credit opportunities to previously underserved individuals.

May 24, 2023

Robotic Process Automation In Fintech

Fusion Risk Management Expands Functionality of its Third-Party Risk Management Offering

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 risk management (TPRM) offering. The enhanced solution delivers continuous monitoring of third parties beyond its traditional scope, as well as an evaluation of potential operational and business impacts that those third parties

May 23, 2023

Robotic Process Automation In Fintech

Xaindex Launches Synthetic Intelligence for Advanced Cryptocurrency Liquidity Management

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) to provide advanced liquidity management for cryptocurrencies. Xaindex’s advanced model of the algorithmic stablecoin, or Synthetic Utility Token (SUT), is based on these developments in the field of neural networks. The innovative

May 23, 2023

Embedded Finance

Revolutionizing Embedded Finance: Swan’s Open-Source No-Code Banking Interfaces Empower Businesses and Accelerate Innovation

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 pilots by as much as 75%. Swan is dedicated to opening up opportunities for any type of business to embed financial features into their offering, without extensive development efforts. Overview of Swan’s

May 17, 2023

Robotic Process Automation In Fintech

Revolutionizing AML Compliance with FlagRight’s AI-Powered Platform

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. However, achieving AML compliance is a challenging task that requires significant human and financial resources. Financial institutions face several challenges, including the difficulty of identifying suspicious transactions, the high cost of compliance,

May 11, 2023