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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.

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Keeping On-Campus Credit Unions Competitive

PYMNTS

Smaller CUs don’t always have the resources to easily handle all their security needs on their own. In response, CU associations and service providers are making a push for the adoption of technology that can help do the heavy lifting, while maintaining a tight grip on security. Around the Credit Union World. Rollick Inc. ,

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How Automated Authentication Helps Propel SMB Loan Disbursements

PYMNTS

The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. This importance is especially tangible because many SMBs remain underserved by traditional banks, Kathryn Petralia , co-founder and president of Atlanta, Georgia-based SMB lender Kabbage , explained in a recent interview with PYMNTS. “Of

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. This charter will give banks more competition in payments.

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B2B eCommerce Tips The VC Scales

PYMNTS

based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. Headquartered in Georgia, SaaSOptics operates a B2B SaaS subscription management platform with integrated eInvoicing and payments for SaaS firms. See all of the latest B2B fundraises below. SaaSOptics.

Capital 128
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc., Live Oak Bancshares, Inc.

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?