Nanonets

APRIL 24, 2025

Additionally, three more factors made this process particularly difficult to automate: Differences in product listings Since customization was at the core of their business, they needed to track each component of a custom order separately. That's when they approached us at Nanonets. We started with order confirmations.

Automation 52

Automation Process Rules Correspondent 52

Bank Automation

MAY 1, 2025

Software giant UiPath is rolling out an enterprise-grade agentic AI platform designed to serve as a liaison between AI agents, robotic process automations and humans to streamline workflow automation.

AI 107

AI Automation Process Product 107

Nanonets

APRIL 24, 2025

It also made automation through traditional template-based data extraction nearly impossible. That's why when the firm was looking for automation solutions, there was a strong emphasis on achieving nearly 100% classification accuracy, self-learning data extraction, and reducing person-hours. 

Underwriting 52

Underwriting Automation Process Volume 52

Nanonets

APRIL 24, 2025

How the insurer automated its claim processing workflow The insurer knew they had to step up their game. The impact of automating insurance claims processing It’s been only three months since the implementation, but the new workflow has already shown promising signs for the insurer.

Automation 52

Automation Settlement Assessments Database 52

The Finance Weekly

JANUARY 5, 2025

At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support. This automation frees up human resources for more strategic roles and ensures accuracy. Automated dashboards and custom reports. 24/7 customer support automation.

AI 130

AI Finance Automation Non-Bank 130

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.

AI 115

AI Automation Posting Technology 115

Bank Automation

FEBRUARY 19, 2025

The transition to ISO 20022, a global standard for financial messaging, is expected to […] The post ISO 20022 migration pushed back to July 14 appeared first on Bank Automation News.

ISO 20022 142

ISO 20022 ISOs FedWire Interoperability 142

Bank Automation

FEBRUARY 27, 2025

billion Citizens began cloud migration in 2019, Ajay Punia, head of fraud risk and transmissions engineering, told Bank Automation News, adding that more than 80% [of the banks apps] are already […] The post Citizens on pace for 100% cloud migration by Q3 appeared first on Bank Automation News.

Automation 94

Automation Risk Product Posting 94

Bank Automation

APRIL 17, 2025

The bank is committed to disrupting the industry with […] The post Ally Financial invests in new gen AI use cases appeared first on Bank Automation News. Digital-first Ally is focused on continued investment in new products to enhance consumers digital experience, Chief Executive Michael Rhodes said today during the $181.4

Use Case 104

Use Case AI Automation Continuity 104

Bank Automation

DECEMBER 6, 2024

The Clearing House (TCH) expects to see growth in volume and use cases, Jim Colassano, senior vice president of product development at TCH, told Bank Automation […] The post The Clearing House raises RTP transaction limit to $10M appeared first on Bank Automation News.

Transaction Limits 98

Transaction Limits RTP TCH Transactions 98

Bank Automation

MARCH 17, 2025

In one recent example, New York State Attorney General Letitia James on March 13 announced legislation to establish the Fair Business Practice Act, Christy Hancock, partner at law firm Bradley LLP, said today during a panel at […] The post States could pick up where CFPB left off appeared first on Bank Automation News.

CFPB 110

CFPB Laws Regulations Automation 110

Bank Automation

APRIL 10, 2025

AI has evolved rapidly since fintech Arteria AI was founded in 2020, Amir Hajian, chief science officer, tells Bank Automation News in this episode of The Buzz podcast. The company provides banks with […] The post Podcast: Banks push for cost-effective, multimodal AI tools appeared first on Bank Automation News.

AI 85

AI On-Demand Automation FinTech 85

Fintech Finance

JANUARY 9, 2025

Rather than navigating the complexity of payments in operational silos, the AI-first approach uses risk-based intelligence and automated conversion optimization to help businesses get more out of payments. With Adyen Uplift, businesses can automate fraud control by removing the operational burden from fraud management teams.

AI 98

AI Transactions Payment Solutions Payments 98

Bank Automation

APRIL 17, 2025

sequentially […] The post Fifth Third sees mobile adoption rise appeared first on Bank Automation News. Fifth Third in the first quarter reported 3.14 million active digital users, a 1.6% increase from the previous quarter and up 1.9% from Q1 2024. Active mobile users in Q1 were 2.4 million, up 1.3%

Automation 91

Automation Posting 91

Bank Automation

APRIL 3, 2025

The DOJ memo to the Federal Reserve and Office of the Comptroller of the […] The post Capital One-Discover deal waved ahead by antitrust officials appeared first on Bank Automation News.

Federal Reserve 97

Federal Reserve Blocks Automation Regulations 97

Fintech News

JANUARY 13, 2025

AI-Powered Automation: Streamlining Spend Management Source: Shutterstock SMEs handle hundreds of invoices monthly. However, this system is mainly used for accounts receivable, leaving room for the automation of accounts payable too. Automating these processes can benefit SMEs.

AI 120

AI Finance Automation SWIFT 120

Fintech Finance

DECEMBER 3, 2024

PayRetailers’ solution automates this process while retaining the speed and convenience that Pix is known for, allowing betting operators to seamlessly integrate compliance into their existing payment workflows. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.

Regulations 98

Regulations Account Validation Compliance Automation 98

Bank Automation

MARCH 25, 2025

For example, Citizens is moving from screen scraping to an API-enabled environment, allowing it to use insights from its private banking segment in other segments, such as SMB, mid-market and commercial, Taira Hall, executive vice president […] The post Podcast: Citizens moves from scraping to APIs for payments appeared first on Bank Automation (..)

API 102

API Embedded Finance Payments Strategy Payments 102

Fintech Finance

NOVEMBER 21, 2024

TreviPay , the most-trusted B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. Buyers using TreviPay’s automated onboarding will have a dynamic experience once company revenue numbers have been input.

B2B 98

B2B Process Near Real-Time Risk Management 98

Finextra

MAY 7, 2025

Business payments automation firm AvidXchange is going private through a $2.2 billion deal that sees asset firm TPG take majority ownership with Corpay picking up a minority stake.

Automation 93

Automation Business Payments Payments 93

Bank Automation

APRIL 8, 2025

trillion Citi monitors market volatility closely, but its core mission is identifying and backing sustained, strategic value regardless of short-term market fluctuations, Jeff Flynn, director for venture investing at Citi Ventures, […] The post Webinar: Citi Ventures strategy in a volatile market appeared first on Bank Automation News.

Returns 98

Returns Automation Posting AI 98

Finextra

MAY 7, 2025

London-based fintech Sikoia, which helps financial services providers automate key processes, is partnering with Mast.

Process 96

Process AI Automation Service Provider 96

Bank Automation

MAY 9, 2025

More than 25% of institutions are deploying agentic AI frameworks, with financial institutions warming up to the tech, according to data shared with Bank Automation News by Craig Le Clair, vice president and principal analyst at research firm Forrester. […] The post Over 25% of institutions will deploy agentic AI this year appeared first on Bank (..)

AI 80

AI Automation Research Posting 80

Fintech News

FEBRUARY 4, 2025

” While only 1% of banks surveyed have successfully automated the majority of their KYC and onboarding workflows, the report reveals a growing interest in AI-driven solutions. On the other hand, those leveraging automation and AI can transform KYC and onboarding from mere compliance tasks into strategic advantages.

Money Laundering 117

Money Laundering Due Diligence AML Financial Crimes 117

Bank Automation

JANUARY 22, 2025

While fintech funding this year may not match the $143 billion it reached in 2021, it is forecast to grow marginally higher than 2024, when funding fell 20% year over […] The post 22 startups to watch in 2025 appeared first on Bank Automation News.

Automation 94

Automation FinTech Posting AI 94

Fintech Finance

NOVEMBER 26, 2024

Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic , a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations.

Reconciliation 98

Reconciliation Automation Mitigation Digital Payments 98

Fintech Finance

JANUARY 23, 2025

This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments and automate reconciliation all within a single platform. Partnering with NMI, the platform of choice for so many SMBs, allows us to extend our automated invoicing and payment solutions to a broader audience.

Accounts 95

Accounts Embedded Payments Reconciliation ACH 95

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.

AI 85

AI Automation Posting 85

Fintech Finance

NOVEMBER 13, 2024

For brands, the switch to payment links means a reduction in late payments, plus automated reconciling and far greater simplicity, with their invoicing system directly integrated into their ERP. Through payment links, retailers can settle their invoices in a faster, more convenient and more secure way compared to bank transfer.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Bank Automation

MARCH 14, 2025

Cash App saw nearly $9 billion in originations in 2024, the San Francisco-based […] The post Block subsidiary secures FDIC approval for Cash App Borrow loans appeared first on Bank Automation News.

FDIC 92

FDIC Blocks Security Electronic Banking 92

Bank Automation

MAY 6, 2025

billion in Merchant Solutions revenues, […] The post Fiserv, Global Payments, FIS tap M&A for growth appeared first on Bank Automation News. Tech provider Q1 earnings Global Payments expands with Worldpay Payments solutions provider Global Payments today posted $2.2 billion in adjusted net revenues, up 1% from Q1 2024.

Global Payments 85

Global Payments Adjustments Payments Payment Solutions 85

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

AI 66

AI Small Business Automation Continuity 66

The Finance Weekly

MARCH 13, 2025

And if your current software lacks scalability, customization, or real-time visibility, you're stuck in a cycle of inefficiency.The right financial close software can transform this process, automating tasks, reducing errors, and giving CFOs and accounting teams the tool

Compliance 100

Compliance Automation Risk Process 100

Bank Automation

MARCH 7, 2025

billion Citizens Bank, said this week at Bank Automation Summit 2025 in Nashville, Tenn. While these are the […] The post Citizens 3 keys to SMB banking success appeared first on Bank Automation News. Citizens helps its SMB clients in three key ways, Mark Williams, head of business banking sales transformation at $217.5

Risk Management 82

Risk Management Automation Risk Accounts 82

The Fintech Times

FEBRUARY 27, 2025

Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance.

AI 76

AI FinTech Fraud Detection Automation 76

Bank Automation

APRIL 15, 2025

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% increase from Q1 2024 and its seventh consecutive quarter of deposits growth. Loan balances at the end of Q1 were $1.1

AI 91

AI Automation Posting 91