How Community Banks and Credit Unions Can Use AI to Get Ahead in the Digital Era
November 27, 202415 min
Empowering community banks and credit unions with AI for better service, efficiency, and staying competitive in the digital era.
Blend Taps Alex Sion as Financial Services Vertical Leader
November 19, 20247 min
Blend, a leader in data science and AI-powered solutions, announced today the appointment of Alex Sion as the Financial Services Vertical Leader. With over two decades of experience leading digital transformation across financial services giants like JP Morgan Chase, Citi, and fintech private equity investor Motive Partners, Alex will spearhead Blend’s mission to deliver end-to-end AI-driven solutions for the financial services industry. “Alex’s deep expertise and visionary approach to financial services innovation will be instrumental in driving meaningful...
LPL Financial Launches Curated AI Solutions for Advisors
November 13, 20247 min
LPL Financial LLC, a leader in the wealth management industry, is helping its advisors spend more time on what matters with the launch of a curated program – AI Advisor Solutions – designed to help advisors maximize their days, deliver bespoke client experiences, and leverage data to provide more sophisticated and personalized financial advice. Nearly a third of financial advisors say they do not have enough time to spend with clients, according to J.D. Power’s 2023 U.S....
Saphyre Named to 2024 Fintech 100 by CB Insights
November 7, 20243 min
Saphyre, Inc., a leading pre- and post-trade platform for the world’s largest financial institutions, has been named to CB Insights’ Fintech 100 for 2024 in recognition of Saphyre’s industry leading T+1 trade ops solution. “It is an honor and privilege to be ranked on CB Insights’ Fintech 100,” said Saphyre Co-Founder and President Stephen Roche. “It has never been a more important time for the finance industry to adhere to T+1 mandates here in the US...
Why Financial Institutions Need an Industry-Specific Approach to Benchmarking Customer Interactions
October 16, 202411 min
Financial institutions need industry-specific benchmarks to measure customer interaction value and drive loyalty effectively.
Auto Insurers Taking AI Broader, Deeper Across Claims in 2022
February 22, 20235 min
CCC Intelligent Solutions Reports Use of Advanced AI for Claims Processing Grew 60% YOY Tech leader also reports processing more than 14M unique claims with advanced AI through 2022 CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, today announces an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application...
AI in Fintech Market to Surpass $46,881.9 Million Revenue by 2030
November 10, 202111 min
The global AI in fintech market size is projected to increase to $46,881.9 million by 2030 from $7,702.7 million in 2020, at a 19.8% CAGR between 2020 and 2030. With AI, the efficiency of financial processes and the security of money-related data can be improved massively. For instance, in regard to fraud detection, AI monitors people’s online transactional behavior so that any deviation and a potential fraud can be identified in real time and stopped right there. Moreover, AI helps in...
Zycus’ AI-Powered Bots Transforming Accounts Payable Operations
August 12, 20205 min
Diverse enterprises achieving up to 98% accuracy in invoice data extraction, drastically reducing invoice processing cycle-times, and freeing up FTEs to focus on strategic activities