Remove AML Remove Credit Risk Remove Risk Assessment
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Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence?

Fintech News

In fintech, this means AI systems that dynamically manage credit risk, automate trading decisions, and even preemptively block fraud, all without human intervention.

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

Finextra

Upstart (2024) AI Application: Loan underwriting and risk assessment Experience Impacted: CX - Banking Customer Experience AI Loan Underwriting Platform: The fintech Upstart has pioneered AI-based lending, and by 2024 its platform was adopted by 500+ banks and credit unions for personal and auto loans.

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Payments regulation roadmap: Q3 2025​

The Payments Association

Next steps/action required: Conduct or update a fraud risk assessment, with documented outputs and regular review cycles. Develop systems to support robust affordability and creditworthiness assessments, aligned with the FCA’s Consumer Duty and credit risk principles.

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NEW REPORT: The Banks’ How-To Guide To Using AI To Manage Credit Risk

PYMNTS

Managing credit risk used to be a reactive process. Waiting until account holders fall behind to take action not only meant that customers’ credit scores would take a hit before their banks were alerted to a problem, but also that banks would lose the revenue from the scheduled payment.

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An AI Blueprint For More Profitable Portfolios In 2021

PYMNTS

“[Circumstances] have underscored the singular importance of artificial intelligence (AI) in managing credit risk as well as supporting other bank operations. AI can make it easier for financial institutions (FIs) to predict how likely their customers are to make timely payments and improve overall risk assessment capabilities.

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Understanding Risk Management Strategies as a PayFac

Stax

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

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Financial Crime: Technology can Transform Compliance

FICO

By combining advanced AML analytics in scoring processes and robotics in alert and case handling you tremendously improve efficiency and effectiveness in compliance. Our Anti-Financial Crime solutions suite consistently follows the risk-based approach according to FATF and supports the compliance process with integrated modules.