PYMNTS

OCTOBER 18, 2017

But a new solution from Bank of America Merrill Lynch is looking to make better use of the notoriously manual tool. The financial institution (FI) announced news on Tuesday (Oct. 17) that it is deploying artificial intelligence (AI) and API technology to integrate its solutions directly with Microsoft Excel.

America 179

America Analytics Tools Management 179

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

AUGUST 24, 2020

Businesses and consumers alike are increasingly tapping new digital offerings for their financial needs as the ongoing COVID-19 pandemic shifts banking practices. Moving to cloud-supported infrastructure is one way these banks could shore up their products and keep customer interactions seamless. Around The Cloud Banking World.

Digital Banking 226

Digital Banking Software System Innovation 226

PYMNTS

JUNE 26, 2018

Ping Identity , an identity Defined Security company, announced news on Tuesday (June 26) of the acquisition of API cybersecurity provider Elastic Beam and the launch of PingIntelligence for APIs. We believe that adding intelligence based on machine learning analytics to the Ping Identity platform is the next wave of identity security.

Policies 139

Policies Security Leadership Tools 139

PYMNTS

JANUARY 23, 2020

In today’s top news, FedEx officially expanded home delivery to include Sundays, Uber’s CEO believes his company is the most likely ride-hailing service to reach profitability, and the OCC prepares a civil suit against 10 former Wells Fargo executives for their roles in its retail banking scandals. Fair Isaac Corp.,

Fraud 131

Fraud Community Bank Analytics Study 131

PYMNTS

AUGUST 20, 2019

No rest for banks amid the hackers. In the wake of the Capital One data breach that exposed data tied to 100 million individuals in the United States comes a warning that there really are not any places to hide. Does the Capital One breach portend risks for banks on the Continent? There may be cause for caution.

Data 176

Data Security Capital United States 176

PYMNTS

OCTOBER 7, 2020

Businesses and financial institutions (FIs) are following suit, reordering their products and services for a new digital normal — but unfortunately, fraudsters are tagging along. Consumers are still placing a premium on speed, with many looking to onboard with new banks or merchants as quickly as possible.

Online 223

Online Report Tools Fraud 223

PYMNTS

JUNE 11, 2019

In the June Digital Fraud Tracker™ , PYMNTS explores phishing attempts, dark web marketplaces and how technologies like biometrics and artificial intelligence (AI) are changing the digital security landscape. How BNY Mellon is Using AI and Data Science to Detect Fraud. Developments from around the Digital Fraud World.

social media 151

social media Fraud Analytics Study 151

PYMNTS

NOVEMBER 22, 2019

It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. The goal for the bad guys is to monetize the trading and funding, either by draining bank accounts or by selling the assets that have been compromised.

Online 176

Online Video Fraud Analytics 176

PYMNTS

NOVEMBER 11, 2020

How big of a problem is manual data entry and processing? PYMNTS' new Back-Office Optimization Playbook done in collaboration with Coupa and TransferMate brings together the latest news and developments in back-office optimization technology and practice, and makes a valuable resource for accounting pros.

Capital 219

Capital Resources Survey Management 219

PYMNTS

MARCH 23, 2020

” SMB loan underwriting is complex, and with greater opportunity to wield alternative data to mitigate risk, lenders can also face the challenge of understanding how to collect information, how much weight to give it, and how to analyze that data in the context of broader economic trends. From Bank Accounts To LinkedIn Profiles.

Lending 188

Lending Data Analysis Tools 188

FICO

AUGUST 3, 2022

How Banking CIOs Can Deliver Data-Driven Intelligence at Scale. With a focus on data-driven digital transformation, how do IT teams deliver differentiated value and increase customer satisfaction directly from technology investments? The good news? Thinking Beyond the Data. Thu, 08/22/2019 - 12:37.

Data 52

Data Analytics Customer Experience Technology 52

PYMNTS

OCTOBER 5, 2020

Financial institutions (FIs), payment providers and FinTechs are deploying numerous technologies to keep money launderers away, including artificial intelligence (AI) and data analytics. AI is quickly becoming more widely accepted as an AML measure, especially for banks in Asia.

Online 141

Online Compliance Report Study 141

Gonzobanker

MAY 4, 2022

No doubt this focus on talent is at least partially the result of the sheer number of new topics requiring industry expertise. In short, there is no university diploma that can be obtained for many areas of the bank – and, in my opinion, the further you get into the back office, the truer this is. And they vary by FI.

Training 157

Training Survey System Data 157

PYMNTS

OCTOBER 15, 2018

Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. According to the International Monetary Fund, banks and FIs could lose as much as $100 billion to cybercrime every year. The evolution of payment protection.

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

NOVEMBER 13, 2019

In the face of growing competition, banks around the world are working hard to become the first choice of today’s customers. percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences.

Regional 109

Regional ATM Report Alabama 109

Insights on Business

JUNE 28, 2018

Artificial intelligence (AI) is no longer a new idea. Some may see this as a no-brainer, but others might not think about AI applications outside the more common uses by banking and financial institutions. Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements.

Compliance 70

Compliance Case Study Analysis Analytics 70

PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond. Artificial Intelligence.

Fintech 135

Fintech Capital Groups Analytics 135

PYMNTS

JANUARY 30, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the roll out of a new payment solution from Canada ’s Lightspeed. The technology taps into both big data analytics and artificial intelligence (AI), which reportedly allow business to create promotional deals.

System 122

System Fintech United States Big Data 122

PYMNTS

JUNE 27, 2019

As consumers rely on digital channels to fill more complex financial needs, identity verification is crucial in the world of banking. Fraudsters are finding new ways to slip past technological defenses, which leaves banks constantly upgrading the tools used to keep them out. Around the Digital Banking World. In the U.K.,

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

SEPTEMBER 26, 2019

Today in the payments news roundup, the U.S. House of Representatives passed the Secure And Fair Enforcement (SAFE) Banking Act that provides cannabis businesses with banking access. Passage Of SAFE Banking Act Gives Cannabis Businesses Access To Banking. How Dunkin’ Uses AI For Order Ahead Analytics.

Ohio 101

Ohio Payments Colorado Analytics 101

FICO

JUNE 1, 2023

Home Blog Feed test Artificial Intelligence: From Hollywood to the Mainstream Artificial intelligence has gone from Hollywood concept to an everyday fact. Today, ChatGPT and other new AI-powered chat and search tools are getting a ton of coverage in the media, social sites and around the workplace.

Training 59

Training Fraud Customer Experience South Carolina 59

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. million in new funding, which will be used to launch its Open Distribution solution. CLARA analytics. Apollo Agriculture. Europe and Australia.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

APRIL 12, 2018

New FinTech challenger competitors are using data to disrupt the industry with personalized offerings, and regulations are forcing larger banks and financial firms to offer customers more transparency into their account information and data. Pushing the Industry Forward .

Data 123

Data Regulation Trends Tools 123

PYMNTS

DECEMBER 23, 2020

As much as offering some kind of value is a constant, new era loyalty is about the personalized experience complemented by what you sold and how you sold it. While running a modern loyalty and rewards program requires a degree of data and analytical skill, the good news is that the digital era has made that easier than ever.

Strategy 266

Strategy Marketing Marketing Strategies Branding 266

PYMNTS

SEPTEMBER 27, 2019

Coverage this week includes a new Amex financial service, deep looks at real-time payments and the woes at WeWork, advances in voice retail and payments, a potential new opportunity for financial institutions, and original PYMNTS research into use case for artificial intelligence. Amex Launches Pay By Bank.

Fraud 116

Fraud Fintech District of Columbia Payments 116

PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Today, Misys is gearing up for another overhaul that similarly reflects times of flux and progress in banking technology and corporate finance. In reality, corporate banking is fragmented,” Singh-Jarrold continued.

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

NOVEMBER 25, 2019

The same artificial intelligence (AI) technology that helps CUs with analytics can also help hackers field botnets to overwhelm CU defenses. For more on these and other CU news items, download this month’s Tracker. The CUs plan to add the checking accounts to several more locations next year.

Alaska 154

Alaska Hawaii California Analytics 154

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158

Software North Carolina Capital San Francisco 158

Gonzobanker

JANUARY 17, 2020

Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 135

Customer Experience Fintech Regional Cards 135

PYMNTS

JUNE 5, 2018

No, when it comes to the biggest immediate impact that artificial intelligence (AI) will have upon the world, financial services will likely take that honor — a looming prize that provides fresh opportunity to consider how machines will overcome bias. It won’t be medicine — or manufacturing, human resources, commerce or logistics.

Training 143

Training Data Analytics Resources 143

PYMNTS

JULY 21, 2017

Receipt Bank. In the biggest funding round on our board this week, Receipt Bank, based in the U.K., Other features include artificial intelligence-based offerings, with companies able to send their customers push notifications on mobile devices to remind them to pay their bills. based Karmic has raised $17.2

Management 100

Management Capital Taxes Security 100

FICO

OCTOBER 17, 2019

In our brave new world, the use of artificial intelligence can be a contentious issue. Artificial intelligence and machine learning to combat fraud and money laundering is a worthwhile investment. Financial institutions know they must respond quickly, and to do this they have invested in data science teams.

Fraud 40

Fraud Compliance Conference Operations 40

FICO

OCTOBER 25, 2021

There are many data science topics that Dr. Scott Zoldi, FICO’s Chief Analytics Officer, is passionate about, but responsible, ethical artificial intelligence (AI) is surely near the top. But with AI, it’s about data, which is about money. The Answer May Surprise You." Self-regulation does not work.

Regulation 52

Regulation Exercises Data Analytics 52

FICO

JANUARY 24, 2018

Two of today’s hottest tech topics — cybersecurity insurance and artificial intelligence (AI) — were well represented at recent conferences in insurance and banking, respectively: Advisen Cyber Risks Insights Conference and Bank AI Expo. You can read more about Barbican’s use of ESS in their news release.

Conference 55

Conference Customer Experience Maine Exercises 55

Bussman Advisory

OCTOBER 4, 2017

In a previous post we pointed out that corporate banks were in danger of falling behind the technology curve. We also said that banks needed to respond through full-scale digitalization. Banks, however, have traditionally taken the opposite approach, serving most if not all of their value chain themselves. Give them it all.

Google 67

Google Examples Innovation Analytics 67

FICO

JULY 31, 2018

Our new interactive European Fraud Map for 2017 reveals changes in payments fraud across Europe, and there's a good news for the UK - but a warning signal for other countries. While this is fantastic news for the UK, it should come as a significant warning to other markets for the impending migration of attack.

Fraud 45

Fraud Payments Analytics Marketing 45