Bank Automation

MARCH 13, 2025

AI and automation can unlock greater access to capital for underserved clients, lenders and venture capitalist investors agree. The rise of automated lending solutions was a recurring theme at the recent Bank Automation Summit 2025 in Nashville, Tenn.,

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Fintech Finance

NOVEMBER 18, 2024

Modulr , the embedded payments platform, today announces its acquisition of Nook , an innovative disruptor in accounts payable (AP) automation. This strategic move strengthens our offerings in invoice management and accounts payable automation, while giving Nook’s customers full access to Modulr’s extensive payments capability.”

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Bank Automation

APRIL 10, 2025

Financial institutions are moving beyond pilot projects to implement production-grade, explainable and cost-effective AI solutions that can meet operational and regulatory demands. The company provides banks with […] The post Podcast: Banks push for cost-effective, multimodal AI tools appeared first on Bank Automation News.

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FloQast

JANUARY 22, 2025

As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation. This milestone isnt just another checkbox for usits a commitment to doing AI the right way.

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Fintech News

APRIL 29, 2025

Mastercard has launched Agent Pay, a new program designed to integrate payments into AI-driven commerce experiences. The initiative aims to enable secure, seamless transactions through generative AI agents across consumer and business platforms. Mastercard said these efforts are grounded in its commitment to responsible AI development.

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Fintech News

APRIL 29, 2025

Backbase , a digital banking software provider, has launched its AI-powered Banking Platform, following the introduction of its Intelligence Fabric in September 2024. A key feature is Agentic AI , a set of modular agents built for specific banking tasks. The AI-powered Banking Platform is now globally available.

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The Finance Weekly

AUGUST 14, 2022

Artificial intelligence (AI) has dazzling possibilities and high expectations, but there are many misconceptions about how it can impact the office of finance. The trust in these institutionalized procedures may discourage attempts to improve them, whether through AI or other means. Myth #2 "Due to AI, I will lose my job."

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The Fintech Times

FEBRUARY 27, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. While some are more successful than others, one indisputable success has been AI.

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Fintech Finance

DECEMBER 5, 2024

Papaya Global’s new AI-powered solutions run on four central pillars: AI Data Connectors allow clients to standardize and consolidate their workforce data from HRIS, ERP, and other financial tools – eliminating lengthy mapping processes with 99.7% Amit Levi, SVP Product.

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Bank Automation

DECEMBER 18, 2024

C-suite executives at financial institutions are implementing AI and generative AI throughout their organizations, but as experimentation turns into application, the question is: Is the juice worth the squeeze? This is […] The post ROI of AI: Is the juice worth the squeeze? appeared first on Bank Automation News.

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The Fintech Times

FEBRUARY 28, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. However, AI isn’t a problem-free solution.

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AI Regulations Best Practices Risk 97

Bank Automation

MAY 9, 2025

Agentic AI is becoming commonplace in financial services as tech providers emerge with end-to-end agentic frameworks.

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Bank Automation

APRIL 15, 2025

Bank of America is reaping the benefits of AI investment to enhance its lending and deposits business. trillion, a […] The post Bank of America taps AI to power loan, deposit growth appeared first on Bank Automation News. The bank today today reported $2 trillion in deposits in the first quarter, a 2.3%

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Bank Automation

MARCH 18, 2025

AI agents could soon be moving money from one bank account to another without being queued by the accountholders. ORLANDO, Fla.

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Bank Automation

JANUARY 23, 2025

Agentic AI is already taking center stage this year: 71% of executives say AI agents will drive higher levels of automation in their workflows and 52% percent say they plan to use agents in 2025.

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Fintech News

FEBRUARY 10, 2025

The financial services industry has consistently led the way in embracing technological advancements, with Generative AI (GenAI) emerging as a transformative force in recent years. However, the emergence of Agentic AI marks a significant evolution in this landscape. What is Agentic AI?

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Bank Automation

FEBRUARY 24, 2025

Southeast Asias largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a […] The post DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles appeared first on Bank Automation News.

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Bank Automation

MARCH 24, 2025

used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter. Jack Ma-backed Ant Group Co. Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co., and Huawei Technologies Co.,

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The Fintech Times

MARCH 12, 2025

As technologies like cloud computing and artificial intelligence (AI) become more accessible, banks in 2025 will face a new challenge. In turn, this partnership has provided banks with speed and precision in delivering AI-driven services. How will banks utilise AI in 2025? “Agentic AI is a game-changer.

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Fintech Finance

JANUARY 9, 2025

This partnership combines FinGoal’s transaction intelligence with DeepTarget’s AI-driven engagement platform to decode those stories and turn them into opportunities and results. Automating the Targeting & Personalization Process: The use of transaction data for intelligent campaigns can be a complex process.

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Bank Automation

APRIL 8, 2025

As the world rushes to develop and deploy AI technology, JPMorgans chief executive issued a stark warning amid a shifting global economic order.

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The Fintech Times

FEBRUARY 26, 2025

Small and mid-sized businesses (SMBs) are suffering from a continuing onslaught of cyberattacks as threat actors adopt more efficient targeting and AI-driven attacks, according to a new report from cybersecurity firm SonicWall. In fact, AI automation tools are lowering barriers for entry, while increasing attack complexity.

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Bank Automation

MARCH 14, 2025

As AI adoption in financial services takes off, financial institutions are approaching its deployment in myriad ways. billion bank, said at the recent Bank Automation Summit in Nashville, […] The post AI strategy varies by bank size appeared first on Bank Automation News.

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Bank Automation

APRIL 3, 2025

Nearly 75% of banks are actively exploring the deployment of gen AI technologies according to a Temenos report published today.

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The Fintech Times

FEBRUARY 19, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. “The solution isn’t to use AI less, but rather to test it more rigorously. .

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The Fintech Times

DECEMBER 19, 2024

Invoice automation firm, Basware has revealed that 90 per cent of organisations lack dedicated prevention teams, forcing accounting staff to juggle fraud management in addition to their regular responsibilities. This strain on resources has largely come as a result of generative AI according to the report.

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Bank Automation

MARCH 13, 2025

Software giant UiPath is focused on developing agentic AI solutions and is working with large enterprises for its mass deployment. Agentic automation is transforming the way businesses operate, Chief Executive Daniel Dines said during the companys fiscal 2025 fourth-quarter earnings call on March 12.

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The Fintech Times

FEBRUARY 26, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. The role of the CFO, for example, will be transformed over the next decade, thanks to AI.

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Bank Automation

MAY 7, 2025

Small businesses in tech-forward cities are rapidly adopting AI to streamline operations and regain their most valuable resource time.

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Bank Automation

APRIL 28, 2025

trillion bank, tells Bank Automation News in this episode of The Buzz podcast. Our duty is […] The post Podcast: How JPMorgan uses AI to support SMBs appeared first on Bank Automation News. The effort starts with understanding business owners, John Frerichs, head of global SMB payments at the $4.3

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The Fintech Times

FEBRUARY 20, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. “Humans are creatures of habit.

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The Fintech Times

MAY 7, 2025

Sage , the accounting, financial, HR, and payroll technology provider for small and mid-sized businesses (SMBs), has announced that it is extending its collaboration with Amazon Web Services (AWS) to develop innovative AI solutions ideally suited for the accounting and compliance needs of SMBs.

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Fintech Finance

MARCH 25, 2025

SAP Fioneer , a leading global provider of financial services software, today announced a significant advancement in its Virtual Account Management (VAM) solution, unveiling plans for AI-driven enhancements that will redefine the future of banking payments.

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Bank Automation

MAY 1, 2025

Lloyds Bank is expanding its lending and commercial banking capabilities through digitalization and AI deployment. The growth in RWA was largely driven by […] The post Lloyds builds on lending momentum with AI appeared first on Bank Automation News. THE BIG PICTURE: Manchester, U.K.-based based Lloyds today reported 230.1

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Bank Automation

MARCH 28, 2025

Lloyds Bank is training its top executives on AI so they can better work with AI-driven tools as the bank deploys the technology. trillion bank sent 300 senior executives to University of Cambridge to learn AI. The London-based $1.1

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Bank Automation

APRIL 10, 2025

Fintech Intuit is investing in AI and gen AI technology to develop streamlined solutions for financial customers. Our strategy in AI is to not just build it for a few specific use cases, Ashok Srivastava, chief data officer at Intuit, told Bank Automation News.

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