Advisors Fraud Detection Risk Assessment 
Finextra
JULY 7, 2025
This broad applicability in banking (from automating fraud reviews to generating customer communications) underscores how financial firms are integrating GenAI into their core workflows more aggressively than most. Indeed, 64% of finance leaders report using AI for fraud detection and risk management in their institutions.
Fintech News
FEBRUARY 10, 2025
Weve already seen this shift with robo-advisors, automated budgeting apps, and frictionless payments. Regulators need clear guidelines on accountability, particularly in cases of erroneous or harmful AI-driven decisions, such as wrongful fraud detection or unfair credit scoring.
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The Fintech Times
FEBRUARY 19, 2025
.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.
Fintech Review
FEBRUARY 11, 2025
For example, robo-advisors analyse investment opportunities, offering personalised portfolio recommendations. Traditional models rely on limited data, whereas AI assesses alternative factors like transaction history and online behaviour. This enables more accurate risk assessments and financial inclusion.
The Fintech Times
MARCH 29, 2024
From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. “At Cowbell, we are actively assessing the cyber risk posture of over 39 million businesses in the US and the UK.
Nanonets
APRIL 26, 2023
Robo-advisors can help automate the process of financial advice and recommendations to borrowers. Automate your mortgage processing , underwriting, fraud detection, bank reconciliations or accounting processes with a ready-to-use custom workflow.
Nanonets
AUGUST 1, 2023
Artificial Intelligence (AI): AI is transforming the landscape of internal audit, empowering auditors with intelligent tools that revolutionize risk assessment, anomaly detection, and predictive modeling. Another key advantage of automation of internal audit is better risk assessment.
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