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

Abrigo

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 222
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Authenticating Combines Verification Services To Prevent Identity Fraud

PYMNTS

Authenticating combines Acuant , National Student Clearinghouse , TransUnion , Equifax Verification Solutions and other authoritative data providers to provide this service without excessive pass through fees and compliance costs. “I

Fraud 108
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5 Benefits of expanding in-house member business lending

Abrigo

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. Who is responsible for collecting key documents, and will a system be used to track tickler documents and member compliance?

Lending 150
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MBA Tech 2017: Blockchain, APIs and Robots, Oh My!

William Mills

This year’s National Technology in Mortgage Banking Conference & Expo took place March 26-29 at the Hyatt Regency in Chicago. There was a good deal of buzz around blockchain technology and tech showcases of the industry’s latest technology entrants, and the overall vibe of the show was a positive one.

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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

The customer base includes customers as varied as Conbase, AirBnB, EasyJet, National Crime Check and a large number of banks and financial institutions around the globe. A large number of banks and online sites still rely on knowledge-based authentication. You know the ones. The user then has to take a selfie of his face.

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CEO Interview: Jumio’s Stephen Stuut

Fintech Labs Insights

Here’s what CEO Stuut had to say about his company, its current initiatives, and what we can expect from the Palo Alto-based security specialist in the months and years to come. Finovate: Where will ID scanning and technologies like FaceMatch make the biggest impact in terms of replacing passwords and security codes?