·
The lawsuit against Navy Federal has financial institutions revisiting their fair lending practices and considering how AI fits in.
Mobile payment rates, active digital bank users, and chatbot deployment are numbers on the rise in a report from Alkami and Cornerstone Advisors.
Findings from AI-powered tax-filing product april’s 2023 customer impact study suggest customers are receptive to a self-guided, mobile-first process.
·
Fintech firms should be using AI and LLMs today. Here is some advice on how to get the most out of these new technologies.
As artificial intelligence (AI) provides new tools to criminals, Incognia's tools are 17 times more effective than facial recognition.
·
The iProov Threat Intelligence Report 2024 describes how technologies have accelerated the digital arms race between threat actors and those who stop them.
A new report from company builder and venture group Team8 shows it’s a good time for fintechs to pursue unicorn status, provided they do the groundwork.
·
If AI is properly deployed, it improves credit unions’ fraud decisioning capabilities, Provenir’s EVP for North America Kathy Stares believes.
·
It’s impossible to escape a headline about generative AI these days, with many business leaders opining on its potential either to exponentially boost productivity or to destroy our workforce as we know it. Yet too few thought leaders have pointed to how generative AI can be harnessed to support everyday people in their journey to financial independence – especially the millions of Americans currently living paycheck to paycheck in an unusually shaky economy.
·
Companies like Hummingbird and Babel Street are successfully applying new technologies to improve the efficiency of long-cumbersome aspects of compliance.