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

Abrigo

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster.

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Entersekt Opens North America Headquarters As Business Grows

PYMNTS

Entersekt , the push-based authentication and app security company, announced Tuesday (June 12) that it has opened a new office in Atlanta, Georgia, aimed at supporting the company’s growth and serving as the headquarters in North America.

America 101
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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. The firm said it plans to focus on scaling up and product innovation, building out its staff, and strengthening marketing initiatives. Flutterwave. AvidXchange. Berkshire Grey.

Fintech 198
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The session also covered the new Georgia “merchant acquirer limited purpose bank” (MALPB) charter, which has the potential to be popular among fintechs wanting bank powers. Banks with open banking ambitions should adopt this language standard to increase interoperability, efficiency, security, and customer experience.

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B2B eCommerce Tips The VC Scales

PYMNTS

Now that Fyle has officially launched operations, the company said it would deploy the funding to focus on product innovation and global growth and to invest in sales and marketing efforts. Headquartered in Georgia, SaaSOptics operates a B2B SaaS subscription management platform with integrated eInvoicing and payments for SaaS firms.

Capital 128
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Can Heineken Help Spark More Online Alcohol Sales?

PYMNTS

What you put out is what you get,” said Jenna Behrer, senior director of innovation at Heineken USA, in the Digiday report. Those factors would seem to give job security to the brick-and-mortar middlemen involved in alcohol sales, making it difficult for breweries and other companies to offer direct-to-consumer services.

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32 Corporate Innovation Labs In Retail

CB Insights

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries. Get the 54-page retail report.