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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

It involves using software to analyze both structured and unstructured data (i.e., 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. Risk Management.

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The top lending & credit risk blogs of the year

Abrigo

Read the blog for information that can help lenders avoid risk before the project begins by planning ahead at the closing table. But the benefits of automation are a key part of the customer experience. Community lending software can help get you there. Reduce operating cost while ensuring loan policy consistency.

Lending 221
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How construction loan administration can help you

Abrigo

Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Construction loan management software.

Lending 195
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Moving on from your construction loan spreadsheet

Abrigo

Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Leveraging software to work smarter. Those days have passed.

Lending 195
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We Can All Learn From Crypto.com’s Hack and Response

Perficient

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement. The Crypto.com hack exposes shortcomings of multi-factor authentication.

Security 294
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 221
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A thoughtful approach to generative AI

Abrigo

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.