Remove 2021 Remove Compliance Remove Customer Experience Remove Risk Management
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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. Personalization of Customer Services. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies.

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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. It accelerated the customer move to digital and the employees’ move to some kind of work-at-home arrangement, at least in part. 2021 fintech investments, merger activities, and overall focus were off the charts. So which merger was the best in 2021? Doug Larson.

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Winners of 2021 FICO Decisions Awards Announced

FICO

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. Cox Communications , the largest private telecom company in the US, is using FICO® Customer Communication Services (CCS) to transform its customer experience. Regulatory Compliance.

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CFPB and federal banking agencies issue RFI on the use of artificial intelligence by financial institutions

CFPB Monitor

Comments on the RFI must be received by June 1, 2021. Improving customer experience and gaining efficiencies in the allocation of financial institution resources, such as through the use of voice recognition, natural language processing (NLP), and chatbots. Augmenting risk management and control practices.

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ItaĂş Uses FICO's Cloud Fraud Solutions To Avoid USD$20M/m in Losses

FICO

“Itaú manages approximately a third of all credit cards issued in Brazil,” said Ulisses Okamoto, Fraud Risk Management Superintendent at Itaú Unibanco. “We We processed more than 3 billion transactions in 2021.

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Defending Your Fully Digital Wallet Against Fraud

FICO

billion in losses to investment scams alone in 2022, more than double the losses from 2021. Understanding the tradeoff between fraud controls and customer experience, and measuring when those controls start to have an impact on the business or the customer relationship, is also vital. TJ holds a B.S.

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Understanding Artificial Intelligence as a Financial Brand

Social Assurance

Don’t you remember when you were building your business case for implementing mobile deposit, and your Chief Risk Management Officer almost fell off her chair with the sheer thought of the amount of fraud that was going to occur? APRIL 29, 2021 2:00 PM. For example, AI has made it possible for mobile check deposits.