Airwallex improves customer onboarding with generative AI

New tool uses large language models (LLMs) to speed up Airwallex’s Know your Customer (KYC) assessment, helping customers get up and running faster. Early results show an average 50 percent reduction in ‘false-positive’ alerts for a key component of Airwallex’s due diligence process. This is the first of several AI tools that Airwallex will roll out, including new product features and operational enhancements. Airwallex shared data on the impact of a new generative AI tool...

ForwardLane’s EMERGE selected for AWS Global Fintech Accelerator 2023

ForwardLane, creators of EMERGE, an enterprise-ready generative AI platform, announced its selection into the inaugural AWS NVIDIA Global Fintech Accelerator. The prestigious program backs pioneering startups using technology to transform financial services. ForwardLane joins a cohort of leading fintech innovators leveraging the power of the cloud, AI, and data science. The AWS accelerator provides specialized resources, mentorship opportunities, and potential investment to rapidly scale participants’ innovations globally. “We are thrilled to join the AWS Global...

DataSnipper introduces New Financial Statement Suite

DataSnipper, the intelligent automation platform, announced the launch of the new Financial Statement Suite, transforming data in the audit and financial industry. The Financial Statement Suite automatically analyzes financial statements and helps to perform and document all financial statement procedures exceptionally fast, while still allowing for professional judgement. The new Financial Statement Suite boasts a range of improved AI features.  These include the ability to automatically verify the mathematical accuracy of the figures in financial...


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