Crunchbase News

DECEMBER 23, 2024

Editors note: This article is part of an ongoing series in which Crunchbase News interviews active investors in artificial intelligence. Coding, compliance and regulation, data quality, employee productivity, and knowledge management those are the areas that we’ve been really thinking about, Carbonara said.

Artificial Inteligence 117

Artificial Inteligence Artificial Intelligence Banking Compliance 117

CIO

MAY 16, 2023

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 156

Banking Artificial Inteligence Artificial Intelligence Compliance 156

CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 179

Banking Artificial Inteligence Blockchain Scalability 179

CIO

JANUARY 5, 2025

With AI now incorporated into this trail, automation can ensure compliance, trust and accuracy critical factors in any industry, but especially those working with highly sensitive data. Without the necessary guardrails and governance, AI can be harmful. 4] On their own AI and GenAI can deliver value.

Enterprise 187

Enterprise Generative AI Weak Development Team Technical Review 187

TechCrunch

SEPTEMBER 23, 2021

Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. The company is one that is refreshingly transparent about its financials. operations.

Fintech 243

Fintech Banking Artificial Inteligence Machine Learning 243

CIO

JULY 20, 2023

Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. Banks continue investing in technologies that make the customer experience seamless, including mobile apps and peer-to-peer payments. Security and privacy.

Technical Review 148

Technical Review Banking Innovation Technology 148

TechCrunch

MARCH 24, 2022

Vast amounts of information improve banks’ ability to support customers, but financial institutions must know how to use it. Today’s banking customer is in serious need of guidance from banks, whether it’s about spending, saving, borrowing, planning or all of the above. Key pain points for modern banks.

Banking 173

Banking Data Fintech Compliance 173

Exadel

JULY 6, 2022

The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. However, banks using AI and ML are quickly going to overtake their competitors. Machine learning solutions are already rooted in the finance and banking industry.

Artificial Inteligence 140

Artificial Inteligence Machine Learning Banking Fintech 140

CIO

AUGUST 28, 2022

How has banking evolved during the rapid digitisation of recent years? 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. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 148

Banking Innovation Strategy Artificial Inteligence 148

CIO

SEPTEMBER 2, 2022

How has banking evolved during the rapid digitisation of recent years? 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. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 148

Banking Innovation Strategy Artificial Inteligence 148

AWS Machine Learning - AI

APRIL 30, 2025

You can reconcile bank statements against internal ledgers, get real-time visibility into financial operations, and much more. At scale, upholding the accuracy of each financial event and maintaining compliance becomes a monumental challenge. An accountant will select specific transactions in both systems and choose Generate AI Rule.

Artificial Inteligence 105

Artificial Inteligence Technical Review Software Review Generative AI 105

CIO

NOVEMBER 13, 2024

JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. billion estimate in May.

Weak Development Team 212

Weak Development Team Artificial Inteligence Technical Review Generative AI 212

CIO

FEBRUARY 18, 2025

Artificial intelligence (AI) tools have emerged to help, but many businesses fear they will expose their intellectual property, hallucinate errors or fail on large codebases because of their prompt limits. Banks see faster migrations Enterprises in the financial services industry are already reaping the benefits.

Software Review 78

Software Review Artificial Inteligence Government Data 78

Perficient

FEBRUARY 22, 2023

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Banks are using AI to analyze large amounts of data, make predictions, and automate complex processes.

Banking 111

Banking Trends Artificial Inteligence Blockchain 111

TechCrunch

AUGUST 19, 2021

Company co-founder and CEO Mukund Goenka spent more than 15 years working in the banking industry where he saw first-hand the difficulties in keeping up with regulations and the financial consequences of failing to do so. He formed Regology to provide large global companies with a way to stay on top of these myriad regulations.

Compliance 260

Compliance Technical Review Banking Video 260

Crunchbase News

DECEMBER 17, 2024

complex compliance requirements such as the AI Act and crypto taxation policies are demanding startups’ resources. Furthermore, embedded finance will grow as financial services integrate even more heavily into nonfinancial platforms, letting consumers access banking, lending or insurance directly within daily-use apps.

Fintech 104

Fintech Technical Review Banking Sustainability 104

CIO

DECEMBER 18, 2024

CIOs must tie resilience investments to tangible outcomes like data protection, regulatory compliance, and AI readiness. According to Salesforces Perez, even though AI brings much opportunity, it also introduces complexity for CIOs, including security, governance, and compliance considerations.

Technical Review 158

Technical Review Software Review Weak Development Team Compliance 158

Perficient

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Artificial Inteligence 52

Artificial Inteligence Artificial Intelligence Banking Compliance 52

CIO

FEBRUARY 10, 2023

As our world becomes more inter-connected and based in artificial intelligence, user experience becomes even more critical to drive customer and employee satisfaction and retention. This will require artificial intelligence that enables security to rapidly adapt to each customer’s environment.

Trends 183

Trends Artificial Inteligence Artificial Intelligence Wireless 183

CIO

MAY 5, 2025

CIO.com The CIO role is expanding significantly in terms of helping the organization understand not just AI strategy, but AI as business strategy, says Vikram Nafde, executive vice president and CIO at Webster Bank. Meeting compliance requirements also topped the list, cited by 35% of respondents.

Generative AI 160

Generative AI Strategy Survey Artificial Inteligence 160

Perficient

OCTOBER 28, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. Fraud screening.

Artificial Inteligence 52

Artificial Inteligence Artificial Intelligence Real Estate Banking 52

CIO

NOVEMBER 14, 2024

Sondrio People’s Bank (BPS), for example, adopted business relationship management, which deals with translating requests from operational functions to IT and, vice versa, bringing IT into operational functions. BPS also adopts proactive thinking, a risk-based framework for strategic alignment and compliance with business objectives.

Cloud 179

Cloud Technical Review Data B2C 179

Perficient

JANUARY 25, 2023

2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Here are five banking trends we’re forecasting for the new year. Three prominent areas where there is a strong desire to optimize: Data.

Banking 111

Banking Trends Technical Review Artificial Inteligence 111

Tenable

JANUARY 3, 2025

(Cybernews) 2 - Unambiguous regulations, consumer protections sought in banks AI use More precise definitions of AI models and systems. Those are just some of the requests that the Treasury Department received after it asked for feedback about artificial intelligence (AI) use in the financial industry.

Artificial Inteligence 118

Artificial Inteligence Banking Artificial Intelligence IoT 118

TechCrunch

MARCH 17, 2023

Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription Before Silicon Valley Bank crashed, I asked seven VCs about the startups they’re interested in backing right now, how they prefer to be approached and whether they could share any tips for first-time founders. .

Budget 230

Budget Biotech Artificial Inteligence Banking 230

TechCrunch

JULY 13, 2021

Marc Gilman is general counsel and VP of compliance at Theta Lake. s FCA and Bank of England; the National Bank of Rwanda in Africa; as well as the ASIC, HKMA and MAS in Asia. Both the World Bank and BIS have offered definitions that provide useful outlines for this discussion. Marc Gilman. Contributor. Share on Twitter.

Banking 231

Banking Fintech Report Compliance 231

CIO

OCTOBER 11, 2023

To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). Achieving regulatory compliance Many governments are responding to climate change by passing new laws aimed at reducing carbon emissions.

Artificial Inteligence 205

Artificial Inteligence Company Generative AI Energy 205

Perficient

NOVEMBER 19, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Guidelines 52

Guidelines Banking Generative AI Artificial Inteligence 52

Openxcell

AUGUST 7, 2023

Now, the banking and finance segments are witnessing a greater impact by integrating AI systems to improve the operation of bank apps and services. One of the key benefits of applying AI in banking and finance lies in optimizing the customer-centric experience and upgrading technological stability.

Artificial Inteligence 52

Artificial Inteligence Artificial Intelligence Banking Machine Learning 52

TechCrunch

FEBRUARY 10, 2022

Crypto in particular has faced some high-profile scams recently, and many companies operating within the ecosystem are beefing up their compliance capabilities to ensure they don’t end up in any regulatory hot water. Its 50+ customer roster includes companies including Brex, FTX, Luno, and Moonpay, the company says.

Fintech 213

Fintech Company Compliance Windows 213

Perficient

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Artificial Intelligence 52

Artificial Intelligence Artificial Inteligence Banking Compliance 52

CIO

MARCH 18, 2024

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. We’re at a critical time for digital transformation.

Disaster Recovery 181

Disaster Recovery Technical Review Systems Review Software Review 181

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). Genpact, a major business and technology services company that assists banks such as JP Morgan and Goldman Sachs, is already utilizing AI.

Artificial Inteligence 212

Artificial Inteligence Generative AI Technical Review Artificial Intelligence 212

CIO

DECEMBER 11, 2023

Non-compliance with the regulations may result in fines ranging from $8 million (€7.5 The EU AI Act stipulates that GPAIS will need to abide by stringent transparency requirements, like technical documentation, compliance with the EU copyright law, and sharing of detailed summaries about the content used for training. million) or 1.5%

Government 191

Government Open Source Artificial Inteligence Artificial Intelligence 191

Mobilunity

NOVEMBER 4, 2024

Currently, 27% of global companies utilize artificial intelligence and machine learning for activities like coding and code reviewing, and it is projected that 76% of companies will incorporate these technologies in the next several years. How Artificial Intelligence Boost Different Domains E-commerce. Social media.

Artificial Inteligence 52

Artificial Inteligence Engineering Technical Review Software Review 52

Perficient

MARCH 17, 2025

Additionally, the emergence of embedded finance and an increased focus on regulatory compliance are compelling financial institutions to continuously adapt and innovate. Our experts have identified the most impactful trends across banking , wealth and asset management , and payments.

Trends 52

Trends Artificial Inteligence Machine Learning Compliance 52

CIO

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

Cloud 158

Cloud Artificial Inteligence Artificial Intelligence Banking 158