GenAI has a lot of potential in financial services, but accuracy may be holding it back. Human interaction could help.
Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
When designing an intelligent budget-tracking app, Piere founder and CEO Yuval Shmul Shuminer prioritized functionality, integrations, and meeting the evolving needs of emerging generations. Billed as the“intelligent budget tracker app that’s ready in just two taps,” Piere offers quick functionality and automatic reconciliations and updating.
Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.
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Ready to Sign Up for a Gen AI Certification Program? Fintech Founders & Others Weigh In on the Trend
We are still figuring out fintech applications for generative ai, so is now the time to start talking about certifications?
Mobile payment rates, active digital bank users, and chatbot deployment are numbers on the rise in a report from Alkami and Cornerstone Advisors.
Sift’s Fraud Industry Benchmarking Resource (FIBR) lets fraud professionals see how their business’ security tools stack up against the competition.
The use of messaging apps raises compliance issues that SnipperSentry addresses. This issue is not going away for fintechs and banks.
Instead of modifying decades-old transaction infrastructure, Spade provides better fraud protection by creating a new system. Customers like Sardine, Mercury, Unit and Ramp have improved their fraud models by more than 15% using Spade's real-time merchant intelligence for the card ecosystem.
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Generative AI has come to lending. This new technology opens up new avenues for success for forward thinking lenders.