BFSI

How AI Is Transforming Lending And Loan Management

AI like blockchain is a revolution in technologies. It makes work of different industries easier and more effective. The development of AI leads to great revolutions in all industries but the most useful is AI in lending and loan management.

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The Utilisation of Analytics by Financial Organizations

The digital finance organization stays a developing idea in numerous companies and CFOs are still at one remove from the center of digital transformation efforts, despite the fact that they claim and oversee a great part of the pertinent business

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The ‘Trading Robot’ That Aims to Widen Access to Forex Markets

While the financial industry has embraced automation and algorithmic governance more eagerly than almost every other industry, it seems there is still room for new breakthroughs. One of the most significant developments in the world of FinTech may have just arrived,

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Are AI, Cryptocurrency & Blockchain Cornerstones for Future of Fintech?

The technology and innovation that is driving the growth of the Fintech industry are not limited to any one genre. An assemblage of various technologies including AI and cryptocurrency and Blockchain contributes a huge stage to its transformation into a

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Machine Learning for Fraud Prevention

According to a report, fraud cost the worldwide economy £3.2 trillion in 2018. For certain organizations, misfortunes to fraud arrive at over 10% of their total spending. Such enormous misfortunes push organizations to scan for new solutions to avoid, identify,

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Top 10 Fraud Detection & Prevention Software Companies in 2019

In most companies, fraud is generally detected only after it happens. After that the measures are implemented for its future prevention and protection. With the upsurge of technology and rising digitization, fraud detection and prevention, before it happens, has become

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How AI is Powering the Future of Banking

The banking sector is rapidly shifting towards technology as the industry stores the world’s wealth in databases and transactions that simply exchange information over networks. New-age technology here, such as Artificial Intelligence particularly, can assist the industry, from accounting and

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Financial Firms Planning to Invest in Data Management for Better Decision-Making

The current market trends indicate that capital markets firms are under massive pressure to make the most judicious business and investment decisions possible. The effectiveness of such decisions particularly depends on the data underpinning them. A research released by Waters

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Using Big Data & AI for Compliance

The compliance landscape is highly dynamic. Every industry, from banking to healthcare, is organized by at least one regulatory body. Be it HIPAA or PCI DSS; businesses are legally mandated to comply with a range of regulations. The multiplicity of

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The Growing Importance of Big Data Analytics in Compliance Reporting for Financial Services

Advancements in technologies and ever-growing and changing regulations have created a more challenging landscape for today’s financial services industry. From adhering to financial compliance requirements to managing global tax function, several financial institutions or banks are subjected to heavy fines

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