Banking & Finance

AI news and analysis for banks, payments, lending, wealth management and capital markets.

Latest in Banking & Finance

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Feedzai & GASA Release 2024 Scam Report—$1 Trillion Lost

Lost Feedzai & GASA Release 2024 Scam Report—$1 Trillion Lost Collaboration Emphasizes Urgent Need for Advanced AI Solutions and Global Cooperation to…

by Nicholas Lipinski
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Lintasarta partners with 6Estates to offer IDP and lender AI in Indonesia

Lintasarta, Indosat's AI Factory unit, partnered with Singapore's 6Estates to distribute intelligent document processing and FAAS lender automation in Indonesia.

by AI-360
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OTP Group selects Axe Credit Portal for CEE corporate lending automation

OTP Group partnered with Axe Finance to digitalise end-to-end corporate lending

by AI-360
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Personetics Reaches a Big Milestone: It Now Supports Over 150 Million Bank Customers Each Month

s worldwide save $2.4 billion annually thanks to Personetics NEW YORK, Oct. 23, 2024 /CNW/ — Personetics, the global leader in AI-powered personalised…

by Nicholas Lipinski
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Behavox secures $70m credit facility from Hercules Capital

Behavox said it has secured a $70 million credit facility from Hercules Capital to fund acquisitions and new compliance products.

by AI-360
Financial Sector Giants Deploy NVIDIA-Powered Generative AI to Transform Banking Services
Financial Sector Giants Deploy NVIDIA-Powered Generative AI to Transform Banking Services

"Using H100 GPUs & Llama 3, Ntropy achieves 20x model efficiency, while NayaOne's AI sandbox delivers 10x faster fraud detection with 40% cost reduction."

by AI-360
NVIDIA Launches AI-Powered Credit Card Fraud Detection System on AWS to Combat $43B Threat
NVIDIA Launches AI-Powered Credit Card Fraud Detection System on AWS to Combat $43B Threat

"New AI system shows 40% better fraud detection, uses RAPIDS, GNN & XGBoost. Bunq reports 100x faster model training; AmEx makes fraud calls in milliseconds."

by AI-360
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ADVANCE.AI Credit Bureau Philippines raises US$4m seed from Archipelago

ADVANCE.AI's Credit Bureau Philippines secured US$4m seed from Archipelago Capital Partners after CIC selected it as a Special Accessing Entity.

by AI-360
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Chainlink and eight market participants launch AI-powered corporate actions initiative

AI-powered corporate actions initiative with eight major market participants including Euroclear, Swift, UBS, Franklin Templeton, Wellington Management, CACEIS, Vontobel and…

by AI-360
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Eastern Alliance cuts priority mail processing from five days to one hour with Bevaya

Eastern Alliance (ProAssurance) cut priority mail processing from five days to one hour with Bevaya’s Digital Coworker, saving more than 2,700 human hours.

by AI-360
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Sonovate partners with Alloy to combat evolving fraud trends as company grows

Sonovate partners with Alloy to combat evolving fraud trends as company grows News provided by Alloy Oct 03, 2024, 04:00 ET Share this article Share to X…

by Nicholas Lipinski
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Feedzai and PwC partner to establish financial-crime Center of Excellence

Feedzai and PwC partner to establish financial-crime Center of Excellence, the company said on 30 September 2024.

by Nicholas Lipinski
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Meridian Credit Union Partners with Alloy to Better Protect New Members

Meridian Credit Union Partners with Alloy to Better Protect New Members News provided by Alloy Sep 24, 2024, 09:00 ET Share this article Share to X Share…

by Nicholas Lipinski
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Transamerica launches FE Express final-expense product powered by Bestow

Transamerica launched FE Express, a digital final-expense product with policy delivery in as little as 10 minutes, powered by Bestow.

by AI-360
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Fremtind and 7Analytics deepen multi-year flood risk data partnership

Fremtind, a leading Norwegian P&C insurer, extended a multi-year flood risk data partnership with 7Analytics for underwriting, pricing and prevention.

by AI-360
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