Remove Fintech Remove Innovation Remove Knowledge Base Remove Regulation
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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Right now, compared with Fintech, RegTech has low investment for the size of spend. Lessons can be learnt from how banks partnered with Fintechs. Now—what does RegTech mean? RegTech means… RegTech!

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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Right now, compared with Fintech, RegTech has low investment for the size of spend. Lessons can be learnt from how banks partnered with Fintechs. Now—what does RegTech mean? RegTech means… RegTech!

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. To do this they must invest in knowledge and skill development. Keeping a bank in top shape means fostering innovation. Fintech Houses. Alternative Lenders. Is this really necessary?

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How Banks Are Using AI, ML To Fight Account Opening Fraud

PYMNTS

Machine learning (ML) and artificial intelligence (AI) have been used by banks for fraud protection for several years, but these technologies are just starting to take on main roles: They are now displacing traditional knowledge-based authentication (KBA) methods like PINs and passwords.

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5 Ways Credit Unions Can Be More Resilient with AI and Analytics

FICO

But the reality is that credit unions are still competing for customers in the same market as big banks and FinTechs. On the other side, you have FinTechs – they are much smaller and less regulated, but they have the digital savvy to steal customers and they’re taking advantage of market gaps in innovative ways.