article thumbnail

Resistant AI scores $16.6M for its anti-fraud fintech tools

TechCrunch

Resistant AI , which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding.

article thumbnail

Early-stage Mexico fintech Aviva is making loans as easy as a video call

TechCrunch

There are some 40 million Mexicans who are excluded from certain financial products due to banks not thinking it is a segment worth going after, but Filiberto Castro does. The former banking executive worked at banks including Citi and Scotiabank for nearly a decade before moving into the fintech space to be chief of growth at Konfio.

Fintech 228
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. According to the Africa Funding Startup 2021 report, Nigerian fintech has brought in more than half of the US$4.6 Securing customer data.

Banking 284
article thumbnail

Applications of Artificial Intelligence (AI) in business

Hacker Earth Developers Blog

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Improvement in machine learning (ML) algorithms—due to the availability of large amounts of data. e.g. financial asset management, legal assessment, financial application processing, autonomous weapons systems, games.

article thumbnail

PayZen secures $15M Series A for ‘care now, pay later’ healthcare platform

TechCrunch

Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll. . The artificial intelligence technology underlying the platform allows hospitals to leverage patient data to determine payment plans specific to each patient while keeping administrative costs low.

article thumbnail

How to Find and Hire Fintech Developers with React / Typescript

Mobilunity

The role of skilled fintech developers React experts has become increasingly important as traditional banking methods evolve. This demand has propelled technologies like React and TypeScript to the forefront of fintech application development. By 2028, this share is anticipated to exceed $400 billion.

Fintech 52
article thumbnail

Generative AI: Balancing security with innovation

CIO

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. Artificial Intelligence