CIO

DECEMBER 27, 2023

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). So business technology leaders in financial services are carefully navigating a path toward AI. Banks have to get ready to take the step forward.”

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Artificial Inteligence Generative AI Technical Review Artificial Intelligence 347

CIO

SEPTEMBER 7, 2023

The speed at which artificial intelligence (AI)—and particularly generative AI (GenAI)—is upending everyday life and entire industries is staggering. AI threats to fintech companies When I think about possible AI threats, top of mind to me is how AI can be weaponized: Threats to identity. Exploiting technology vulnerabilities.

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TechCrunch

FEBRUARY 28, 2022

It might be hard to remember in this age when companies like Facebook are subject to increasing government investigation, but for decades the technology industry generally existed and thrived outside the public eye. fintech) software solutions. Show me a business that should not be regulated, and I will show you a dying business.

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Artificial Inteligence Software Artificial Intelligence Government 223

CIO

SEPTEMBER 14, 2023

It seems that every event I moderate, regardless of the topic, will devolve into a discussion of generative AI and the excitement of intelligent systems. The enthusiasm for this innovative technology is irrepressible. Another hurdle to building the data foundation is getting all the compliance, security and regulatory issues resolved.

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Exadel

MAY 4, 2023

Yet, for smaller regional and community banks, leveraging this technology is not so cut and dry. Moreover, the clients that regional banks attract are rarely making as frequent or big of deposits as clients at the larger banking alternatives, giving regional banks less overall liquidity to work with when investing in emerging technologies.

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Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

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TechCrunch

JUNE 28, 2022

Particularly when it comes to financial compliance, implementing solutions isn’t a walk in the park — or cheap. A recent Accenture survey found that nine in 10 companies expect evolving business, regulatory and customer demands to increase their compliance costs by up to 30% over the next 2 years. Nadig to co-launch Flagright.

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CIO

AUGUST 28, 2022

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. At the centre of these changes are disruptive technologies like artificial intelligence, cloud computing, and machine learning, which are paving the way for new business models.

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CIO

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. It’s an environment that taxes the decision-making skills of the even the most savvy CIOs.

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CIO

SEPTEMBER 2, 2022

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. At the centre of these changes are disruptive technologies like artificial intelligence, cloud computing, and machine learning, which are paving the way for new business models.

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Banking Innovation Strategy Artificial Inteligence 237

Openxcell

OCTOBER 17, 2023

New technologies, innovations, and inventions when commercialized into startups become accessible to the masses. The Fintech industry saw the maximum number of startups operating with a 7.1% and Artificial Intelligence at 5.0%. Ensure compliance with labor laws and sign NDAs. Apply for licenses.

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Exadel

JULY 6, 2022

Sophisticated, intelligent security systems and streamlined customer services are keys to business success. Financial institutions, in particular, need to stay ahead of the curve using cutting-edge technology to optimize their IT and meet the latest market demands. and 58.1%, respectively, according to Insider Intelligence.

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Existek

OCTOBER 7, 2021

Fintech app development surely sounds trendy, but what are the most convincing reasons to build it? In the article, we’ve covered the topics of what types of fintech apps there are, why would you want to create it, how you would do it step by step, how much it would cost, and what features are necessary to include. Keep reading.

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Existek

OCTOBER 22, 2021

Fintech applications prevail in the financial sphere, but the process of their development doesn’t look easy at the first glance. So, how to build a fintech app to deliver the best quality to end-users and beat the competition? Before asking “How to build a fintech app,” it’s worth knowing why one should do it.

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Existek

JANUARY 27, 2023

The sector is undergoing a significant transformation driven by technology, with fintech startups and established financial institutions investing heavily in new software and systems. One of the key trends driving innovation in the financial services industry is using technology to drive growth.

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TechCrunch

JULY 13, 2021

Marc Gilman is general counsel and VP of compliance at Theta Lake. AI as a blueprint for fintech startups. Recommendations for fintech startups navigating the procurement process. Technology plays a huge role in nearly every aspect of financial services today. Share on Twitter. More posts by this contributor.

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Praxent

APRIL 29, 2021

Financial Institutions Seek More Involvement in Fintech Innovation. Partnerships and incubator present a key fintech opportunity for financial service organizations. Fintech companies and financial innovation are changing the competitive landscape. Fintech Innovation Getting Funded. jumped 54%, to $26.1

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Fintech Innovation Artificial Inteligence Banking 52

Openxcell

NOVEMBER 10, 2023

Artificial Intelligence refers to imbibing computing systems with an ability to think like a human and make rational decisions similar to them. It does so by implementing technologies of Machine Learning, Natural Language Processing(NLPs), and more. What is AI and how does it work? Given below are the types of AI.

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TechCrunch

MARCH 17, 2023

Best practices for leveraging artificial intelligence and machine learning in 2023 Zero-based budgeting: A proven framework for extending runway Image Credits: Getty Images It’s critical to make every dollar count in this environment, but pulling back too much in the wrong places can reduce momentum across your entire organization.

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CIO

APRIL 7, 2023

Before specializing as a payment solution for developers, Lipana, a Kenyan fintech that balances books for SMEs, started in 2021 as a simple accounting software company managing invoices and tracking expenses, according to Shadrack Apollo, its co-founder and CIO. But it also provides complete visibility of the supplier’s debt at maturity.”

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System Artificial Inteligence Quality Assurance Small Business 229

Trigent

MARCH 25, 2022

Digitalization and COVID-19 have altered the financial landscape significantly making fintech solutions an absolute must for financial services. Fintech was initially considered as the technology that was applied to the back-end systems of financial institutions. Fintech apps can benefit your business in a big way.

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TechCrunch

JUNE 1, 2021

Fintechs make up a significant portion of its client base, and in 2020, the company saw its revenue from clients in the financial industry alone climb by 588% compared to 2019. The company said its APIs verify personal documents and information by searching in public and private databases “quickly and pursuant to the compliance rules.”

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Mobilunity

APRIL 25, 2024

Luckily, FinTech UI UX design offers a promising solution. One such trend is the increased adoption of artificial intelligence. Some FinTech companies use AI for hyper-personalization, while others leverage generative AI to power chatbots, prevent fraud, and automate time-consuming tasks.

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TechCrunch

OCTOBER 31, 2022

CEO Samir Bodas was rather vague about the plans for the new cash, but told TechCrunch in an interview that it would involve “accelerating the application of transformational technologies like artificial intelligence, natural language processing, machine learning and blockchain to deliver material, unique and consequential value to customers.”

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Exadel

APRIL 27, 2023

The regulatory technology (RegTech) industry has emerged to cope with the regulatory pressure. RegTech offers innovative technologies that simplify and optimize compliance procedures in various ways. Banks and financial institutions adopt RegTech solutions to meet regulatory compliance requirements. billion in 2021.

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Banking Report Compliance Fintech 52

Exadel

JUNE 8, 2023

Technological advancements and digital innovation have created infinite new opportunities for financial service (FS) providers and financial institutions to significantly increase growth. At the heart of both the challenge and solution to financial crime prevention is technology. Yet, these advancements come with new risks as well.

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Artificial Inteligence Banking Blockchain Fintech 52

TechCrunch

MARCH 24, 2022

Uday Akkaraju is CEO of BOND.AI , a global fintech firm offering an AI suite for financial institutions. Open banking provides fintech banks with information from their customers’ primary accounts to inform you where they shop, how much they spend on certain products, whether they have a car and insights into their family.

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Lacework

FEBRUARY 15, 2024

Compliance and risk management requirements remain notoriously tricky. And, according to Deloitte , even more new regulations will likely be rolled out or announced this year to help monitor industry stability and, specifically, to oversee how artificial intelligence is used in technology solutions. Let’s face it.

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TechCrunch

APRIL 16, 2021

As artificial intelligence becomes more advanced, previously cutting-edge — but generic — AI models are becoming commonplace, such as Google Cloud’s Vision AI or Amazon Rekognition. Microsoft’s huge purchase of health tech AI company Nuance led the technology news cycle this week. Image Credits: alexsl / Getty Images.

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CIO

MARCH 13, 2024

“L’intelligenza artificiale è una rivoluzione, perché rappresenta una general purpose technology: la possiamo paragonare all’introduzione dell’elettricità e alla nascita di Internet. Anche le questioni di privacy e sicurezza sono aspetti che i CIO dovranno valutare per gli impatti sulla compliance e le attività di risk management.

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Exadel

MARCH 14, 2023

3 Cognitive Automation: Cognitive automation powers more intelligent and predictive processes that enable technologies like artificial intelligence to play a more prominent role in financial services. From 2018 to 2021, the number of FinTech platforms in LatAm grew 112%, with 22.6%

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Exadel

MARCH 9, 2023

With the T+1 compliance deadline just over a year away, having a clear implementation strategy is vital. These challenges become increasingly complex if an institution is still in the process of digital transformation and technology adoption. To address this issue, firms must consider which technologies can take over manual tasks.

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Exadel

FEBRUARY 28, 2023

De-risk your business growth with the right approach to technological implementation. Find out More Some of the top complexities that can draw out an implementation process include: Compliance: A strong approach to regulatory compliance is crucial for financial service providers to remain in good legal standing.

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Technical Review Quality Assurance Artificial Inteligence Compliance 52

TechCrunch

MAY 21, 2021

But what’s on the horizon, and how else will technology evolve to meet the needs of companies and deal-makers? There are still many inefficiencies in managing M&A, but technologies such as artificial intelligence, especially machine learning, are helping to make the process faster and easier.

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Hacker Earth

MARCH 29, 2018

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. What’s been redefining growth for this industry is technology. 5 technologies that made major impact on insurance industry. Artificial Intelligence.

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KitelyTech

APRIL 30, 2019

They ensure that data is secure alongside regulatory compliance. Blockstream develops technology that aims to streamline and secure the transfer of Bitcoin. This technology was created to operate complex transactions within secure data and finance during transactions. Blockstream. This is a blockchain app built for enterprises.

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Xicom

NOVEMBER 19, 2020

Over the past few years, the discussions about the next year’s digital revolutions have been a call to repetition: Augmented Reality, Internet of Things, Edge Compute, Cloud technologies and the list goes on. 2021 will be defined by a fresh new class of technologies all set to graduate to the sidelines to centre stage. Image Source.

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