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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

An example is the know your customer (KYC) process in which intelligence agents can sense an event using natural language processing (NLP), machine learning (ML), robotic process automation (RPA)/digital process automation (DPA), query data, proactively make a decision, and act without approval while continuing to learn and improve.

Trends 474
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Passing The Middle-Market Automation Exam

PYMNTS

They fail to explain the ROI of the program, which comes with a reduced need to write checks, for example, or reissue them when they are lost. Krishna agreed, stating that smaller firms become larger and mid-market tend to keep some biases intact when it comes to payments and even as they grow. False, said King.

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Market your community bank with first-party data

Independent Banker

“When we have first-party data, we can target much more precisely and can obviously reach those individuals one-to-one,” says Andrew Catalano, chief innovation officer of digital marketing agency Austin Williams in Long Island, N.Y. Take online banking, for example. The South Bend, Ind. Prioritize data accuracy.

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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient

Process Automation AI allows regional insurance carriers to automate various time-consuming and repetitive tasks, such as claims processing and underwriting. By automating these processes, carriers can significantly reduce operational costs and improve efficiency.

Regional 221
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How The API Revolution Fuels Corporates’ SaaS Fatigue

PYMNTS

The company dubbed this trend “SaaS Chaos,” but FinTech innovation slows down for no one. Indeed, Diaz agreed that APIs have certainly helped to fuel innovation in this space, though he noted SMBs have to be strategic about their strategy for SaaS implementation. This includes addressing SaaS in a step-by-step manner.

Tools 135
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Foursquare Makes Software That Leverages Location Available To Third-Party Apps

PYMNTS

Pilgrim integrates with marketing automation software such as Urban Airship, Appboy, Localytics, mParticle and others. What will surely make Pilgrim SDK an appealing investment is its accuracy.

Software 100
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Financial Inclusion Using Analytics

FICO

For example, in Mexico with our partner Círculo de Crédito we jointly launched the FICO® Extended Score , which analyzes information on a credit applicant’s household credit history, to offer more context and insight and score people with no credit history who might otherwise find it hard to get credit. How can we improve financial inclusion?