financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

Moving GenAI in Payments From Talking Point to Embedded Feature
Moving GenAI in Payments From Talking Point to Embedded Feature
January 29, 2024  |  artificial intelligence

From education to business to healthcare, the opportunities that artificial intelligence presents are limitless — at least according to proponents of the technology. But what...

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ISO 20022 Can Help Solve X-Border ‘Failed Payments’ Frictions, But Challenges Remain
ISO 20022 Can Help Solve X-Border ‘Failed Payments’ Frictions, But Challenges Remain
January 22, 2024  |  Cross Border Commerce

The farther payments travel, the greater the potential is for failure. Cross-border transactions, as they wend their way across currencies and time zones, with any...

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AI Takes on Role of Contract Management and Negotiator
AI Takes on Role of Contract Management and Negotiator
January 17, 2024  |  artificial intelligence

Odds are if you’re reading this you’ve had to deal with a contract at some point in your career. The odds are also in favor...

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Addressing the Complexities and Risks of AI in Finance
Addressing the Complexities and Risks of AI in Finance
January 11, 2024  |  Artificial Intelligence

A recent EY survey of 1,200 global CEOs reveals that while executives are investing in AI strategies, they face significant challenges in both formulating and...

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Emerging Challenges of Generative AI in Finance
Emerging Challenges of Generative AI in Finance
January 10, 2024  |  Artificial Intelligence

The financial services sector has long served as the proving ground for the application of emerging technologies. The current era of disruption is no exception...

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83% of Bank Execs Eye GenAI With Hope and Hesitation
83% of Bank Execs Eye GenAI With Hope and Hesitation
January 05, 2024  |  Artificial Intelligence

The financial services sector has long been a proving ground for emerging technologies. The current era of disruption is no exception to this history. GenAI...

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On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
December 05, 2023  |  Innovation

A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public...

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Fidelity National Financial ‘All Locked Up’ After Cyberattack
Fidelity National Financial ‘All Locked Up’ After Cyberattack
November 22, 2023  |  Cybersecurity

Fidelity National Financial (FNF) says a recent cyberattack has disrupted its operations. The company, which provides title insurance settlement services to the real estate and mortgage...

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Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023  |  Credit Unions

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share...

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