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Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence?

Fintech News

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time. People no longer want to just be handed tools to manage their money.

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

For example, among banks that have implemented GenAI, 88% have seen improvements in risk management and compliance, and 85% report time/cost savings. Indeed, 64% of finance leaders report using AI for fraud detection and risk management in their institutions. The assistant was adopted by 98% of Financial Advisor teams.

AI 72
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Banking on Intelligence: The Global Sprint to AI Maturity in Finance

Finextra

On the risk and operations side, common uses include fraud detection, anti-money-laundering pattern detection, credit risk scoring and trading optimization. finance leaders cite fraud and risk management as areas in which they use AI. Use Cases and Impact U.S. banks are applying AI in a range of use cases.

AI 69
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Curve Appoints Ethical Consumer Lending Experts Robert Pasco and Ash Woolf to Drive Forward Credit Innovation

Fintech Finance

Curve , the ultimate digital wallet, has announced the appointments of Robert Pasco as General Manager of Curve Credit and Ash Woolf as Senior Credit Risk Manager. Prior to Plend, Robert built extensive financial services and M&A transactions experience as an advisor at Deloitte and Ernst & Young.

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Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

FICO

Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

The following card performance metrics help us understand the impact of the macro environment on the credit card industry at an aggregate level. These figures represent a national sample of approximately 130 million accounts that comprise FICO® AdvisorsRisk Benchmarking solution.

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COVID-19 Banking Checklist: 5 Risk Recommendations

FICO

The FICO Advisors team of consultants has just published our third COVID-19 bulletin to help banks adapt and thrive in these unprecedented conditions. Here are our five recommendations for credit risk managers. Consider all your customer risk segments.

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