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

Abrigo

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 222
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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

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup.

Capital 128
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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?

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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

Wealth management. Pindrop Security. HQ: Atlanta, Georgia. Investor tools to manage carbon risk. Alt-credit score & risk management for financial institutions in emerging markets. HQ: Atlanta, Georgia. Source: FT Partners. Cybersecurity. Latest round: $17 million Series B.

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FinovateFall 2017 Live Blog – Day 2

William Mills

They’re showing a web platform related to their capitol markets solution. Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. Helps companies secure email, chat and collaboration platforms communicate with confidence. ID_Analytics. enveil_inc.

Samsung 69
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Fintech Fundings: 25 Companies Raise $810 Million Week Ending Nov 20

Fintech Labs Insights

Real-time risk analytics for financial institutions. HQ: Roswell, Georgia. Nous Global Markets. Crowdsourcing financial market predictions. Secure invoice payment. Ultra-secure consumer payments device. Tags: Consumer, B2B2C, credit/debit card, payments, security, token, hardware. Hanweck Associates.