FIS-Oxford Report: 78% of Businesses Using AI to Combat Fraud

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management. 56% said they are scaling or fully implementing AI, and 45% plan to increase investment over the next two years. High implementation and maintenance costs and lack of in-house expertise are slowing wider adoption. Global business and technology leaders are already seeing benefits from the use of AI and automation, with over...

Parascript, Endurance Italia Srl team up to fight check fraud in Italy

ParaScript, an AI-powered document processing company, announced today their partnership with Endurance Italia Srl, a leader in Intelligent Document Processing (IDP) solutions. Through this partnership, Endurance Italia will integrate ParaScript’s proprietary AI-powered fraud prevention protocols, check fraud detection, and signature verification solutions within their document recognition framework, enhancing fraud detection capabilities for financial institutions across Italy. The partnership will also expand ParaScript’s footprint within European markets, driving innovation and security in the region. For nearly...

Ocrolus & Entech unite to power AI-driven income verification for lending

Ocrolus, a leader in AI-driven document automation and analysis for financial services and Entech, a global digital consultancy, today announced a strategic partnership to transform the lending application process. By combining Ocrolus’ intelligent document processing technology with Entech’s loan origination platform and technology services, lenders can accelerate application reviews, automate manual steps and improve data accuracy. “Lenders today need speed, accuracy and integrated risk controls to remain competitive,” said Angel Carra, Chief Operations Officer at Entech. “Through...

Clutch Wins Best Loan Origination in 2025 FinTech Breakthrough Awards

Clutch, the leading digital loan origination platform for credit unions, has been named Best Loan Origination Platform in the 2025 FinTech Breakthrough Awards. This prestigious recognition highlights Clutch’s innovative approach to modernizing the loan origination experience for credit unions. Setting a New Standard in Digital LendingThe FinTech Breakthrough Awards celebrate the top companies and technologies driving financial services innovation. Legacy banking systems have struggled to keep pace with credit unions’ need for seamless, member-first digital experiences. Clutch stood...

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