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Robotic Process Automation In Fintech

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Navigating the Chatbot Challenge: CFPB’s Oversight and Recommendations for Banks Implementing AI Customer Service
June 8, 2023
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

Leveraging AI in Financial Services: Reducing Risk and Increasing Financial Inclusivity
May 24, 2023
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,

Fusion Risk Management Expands Functionality of its Third-Party Risk Management Offering
May 23, 2023
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

Xaindex Launches Synthetic Intelligence for Advanced Cryptocurrency Liquidity Management
May 23, 2023
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

Revolutionizing AML Compliance with FlagRight’s AI-Powered Platform
May 11, 2023
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

Ocrolus integrates OpenAI GPT embeddings to streamline document automation for financial services companies
May 8, 2023
Ocrolus integrates OpenAI GPT embeddings to streamline document automation for financial services companies

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 scale quickly, reduce costs, and improve accuracy. However, automating document processing has

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Navigating the Chatbot Challenge: CFPB’s Oversight and Recommendations for Banks Implementing AI Customer Service
June 8, 2023
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

Leveraging AI in Financial Services: Reducing Risk and Increasing Financial Inclusivity
May 24, 2023
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,

Fusion Risk Management Expands Functionality of its Third-Party Risk Management Offering
May 23, 2023
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

Xaindex Launches Synthetic Intelligence for Advanced Cryptocurrency Liquidity Management
May 23, 2023
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

Revolutionizing AML Compliance with FlagRight’s AI-Powered Platform
May 11, 2023
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

Ocrolus integrates OpenAI GPT embeddings to streamline document automation for financial services companies
May 8, 2023
Ocrolus integrates OpenAI GPT embeddings to streamline document automation for financial services companies

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 scale quickly, reduce costs, and improve accuracy. However, automating document processing has

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