Bank Automation

JUNE 14, 2024

SameDay Auto Finance is automating more of its origination and servicing processes after switching to a new loan servicing system earlier this month. SameDay tested the NLS auto loan […]

Automation 75

Automation Finance Origination Process 75

Bank Automation

APRIL 12, 2024

Citigroup is focused on simplifying its infrastructure and overall technology through automation and cloud migration as it upped tech spend 6% year over year to $2.2 billion in the first quarter.

Automation 128

Automation Risk Process Technology 128

DeckCommerce

MARCH 18, 2024

Optimizing and automating fulfillment processes is the key to maintaining competitiveness in the eCommerce space. However, achieving automated order fulfillment is no easy feat. Order management systems serve as the technological backbone powering eCommerce fulfillment automation.

Automation 98

Automation Risk Process Consumer 98

Paystand

SEPTEMBER 26, 2024

Table of Contents What are automated collections? How do you automate a payment collection? What is an automated collection system? How can an automated collection system help finance teams? How your business can get started with an automated collection system

Automation 52

Automation Finance Payments Process 52

Bank Automation

JULY 8, 2024

Bank Automation Summit Europe 2024 is delighted to announce a strategic partnership with DIGITALEUROPE, the leading trade association representing digitally transforming industries in Europe. Bank Automation Summit Europe 2024, scheduled for Oct. 7-8 at the Hilton […]

Automation 105

Automation Innovation AI 105

Nanonets

SEPTEMBER 27, 2024

Underwriting automation can help alleviate these issues to a great extent. This article focuses on what specific aspects of the underwriting process can be automated, the technologies driving this change, and why this shift is so crucial for modern insurance companies. customer applications, financial records, and risk assessments).

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

The Fintech Times

FEBRUARY 14, 2024

As businesses adapt to the accelerating pace of technological change and new e-invoicing mandates, one aspect of financial management stands out – accounts payable (AP) automation. What is AP automation? Customised workflows: AP automation allows for the customisation of the accounts payable process to suit specific business needs.

Automation 103

Automation Process Duplicate Compliance 103

Bank Automation

APRIL 19, 2024

Fifth Third Bank saved $15 million in the first quarter, partly driven by deploying automation throughout its operations. Expenses are well controlled … driven by savings realized through process automation and our focus on value streams,” Chief Executive Tim Spence said during the bank’s first-quarter earnings today.

Automation 80

Automation Process AI 80

Nanonets

JUNE 6, 2024

Automation within Salesforce addresses these challenges by streamlining workflows, reducing manual interventions, and enhancing overall operational efficiency. Benefits of Automation in Salesforce As with most of today’s newly automated accounting and bookkeeping processes , automation is a boon to Salesforce.

Automation 52

Automation Payment APIs and Integration Rules Process 52

Finextra

OCTOBER 22, 2024

Tenity is pleased to announce its follow-on investment in Automated Data, a pioneering platform addressing the financial services industry’s critical challenge of fragmented and siloed data.

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Bank Automation

JANUARY 9, 2024

Financial institutions can look to generative AI to reach up to 90% automation, WorkFusion Chief Executive Adam Famularo tells Bank Automation News on this episode of “The Buzz” podcast.

Automation 121

Automation AI Transactions Process 121

Bank Automation

JULY 2, 2024

Robert Schulze, head of pricing and risk model infrastructure at UniCredit Bank, will speak at Bank Automation Summit Europe 2024 about AI in financial services. 7-8 at Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss banking automation, AI, regulation, payments and more.

Automation 98

Automation AI Regulations Risk 98

Nanonets

AUGUST 16, 2024

But insurance claim automation is paving the way for faster, more accurate, and more customer-friendly experiences. This article explores the impact of automation on the claims landscape, whether you're an insurer looking to streamline operations or a policyholder seeking quicker resolutions. What is claims process automation?

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Bank Automation

MARCH 22, 2024

KeyBank is working to automate as many risk controls as possible as threats continue to tick up. Over the last year, we shifted to looking at all of our controls in seeing how many of the controls we can automate or streamline,” Dominic Cugini, chief transformation officer at KeyBank, said at Bank […] NASHVILLE, Tenn.

Automation 78

Automation Risk Continuity Risk Management 78

Paystand

OCTOBER 3, 2024

Dynamics 365 simplifies revenue recognition by automating compliance with accounting standards like ASC 606. Without Autopay, businesses often face challenges like missed payments, increased administrative work, and disrupted cash flow.

Automation 52

Automation Compliance Accounts Payments 52

The Fintech Times

OCTOBER 1, 2024

It says this process saves its clients up to $500,000 per year through automation of common reporting outputs and reconciliation. Ultimately, Kani Payments exists to help disruptive fintechs like Cardaq to thrive and grow with our automated data reporting and reconciliation platform that gives it the space it needs to scale.

Reconciliation 69

Reconciliation Compliance Automation Regulatory Compliance 69

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.  Enter financial document automation, a game-changing solution revolutionizing how companies handle their paperwork, regardless of size or industry. How does financial document automation work?

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

Paystand

AUGUST 23, 2024

Can you automate bank reconciliation? Bank reconciliation automation tools How is auto bank reconciliation better than manual? What are the drawbacks of automated reconciliation software? Table of Contents Is automatic reconciliation possible? What is automatic reconciliation?

Reconciliation 52

Reconciliation Automation Process Payments 52

Bank Automation

MAY 16, 2024

Southside Bank is looking to Jack Henry’s Enterprise Workflow solution to automate tasks, freeing up human resources and sparking innovation.

Automation 75

Automation Innovation Product 75

Bank Automation

AUGUST 20, 2024

Jonny Fry, head of digital assets strategy at ClearBank and chief executive of TeamBlockchain, will be featured in a fireside chat at Bank Automation Summit Europe 2024 on Monday, Oct. 7, at 2:15 p.m. The summit takes place Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss […]

Automation 98

Automation Payments 98

Bank Automation

MAY 22, 2024

At Bank Automation News, we want to ensure we are providing the most relevant, useful articles, reports, data and content to our readers. By completing this survey you ensure that Bank Automation News stays ahead of the […]

Automation 78

Automation 78

Bank Automation

AUGUST 28, 2024

Bank Automation News will present the webinar “The future of open banking: Payments meet data,” on Tuesday, Sept. 17, at 11 a.m. Register here for the webinar. In this free, 45-minute discussion moderated by BAN Editor Whitney McDonald, industry leaders will discuss the state of open banking adoption, the role data plays in the […]

Automation 78

Automation Payments Visa AI 78

Nomentia

SEPTEMBER 24, 2024

To help businesses stay compliant and mitigate these risks, Nomentia has launched a new Sanctions Screening solution designed to automate the screening process, ensure compliance, and protect your organization from potential legal and financial pitfalls.

Automation 59

Automation Mitigation Compliance Legal 59

Bank Automation

JULY 30, 2024

Bank of Valletta Project Manager of Portfolio Delivery Agata Wolska will speak at Bank Automation Summit Europe 2024 on the state of AI regulation. 7-8 at Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss AI, regulation, automation and data. The summit takes place Oct.

Automation 75

Automation AI Regulations 75

Bank Automation

MAY 8, 2024

Online lender Upstart automated 90% of its unsecured loans in the first quarter of 2024 as automation remained at the forefront of efforts to streamline its loan application process. Upstart originated $1.1

Automation 75

Automation Origination Process 75

Finovate

APRIL 9, 2024

At the conference, Lucinity demonstrated its AI-enabled copilot, Luci , which enhances financial crime compliance via insight generation, report writing, and automation. Just last month, Lucinity secured the Chartis Research Award for Workflow Automation. ” Lucinity enters 2024 with a host of new partnerships.

Automation 109

Automation AI Innovation Financial Crimes 109

Paymerang

SEPTEMBER 18, 2024

Accounts payable (AP) automation help to establish better outcomes than that of manual processes. When it comes to building and maintaining rapport with your most valued suppliers and vendors, financial transparency is often vital to your working relationships.

Automation 59

Automation Accounts Process 59

Paymerang

SEPTEMBER 3, 2024

Despite its many benefits across several industries, accounts payable (AP) automation software has yet to be predominantly adopted by mid sized businesses. Under 5% of qualifying companies had fully automated their AP process at the beginning of 2024.

Automation 59

Automation Accounts Process 59

TechCrunch Fintech

OCTOBER 15, 2024

In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices.

Automation 114

Automation AI Finance FinTech 114

Finezza

NOVEMBER 29, 2023

A pivotal reason for this growth is the ongoing transformation of the traditional and time-consuming manual loan approval process, driven by the adoption of automated […] The post Streamlining Loan Approvals with Automated Credit Underwriting Software appeared first on Finezza Blog.

Underwriting 108

Underwriting Automation Process Posting 108

FloQast

MAY 15, 2024

Automated reconciliations for bank accounts, credit cards, intercompany transactions, and more not only saved time but also ensured accuracy and compliance. Automated reconciliations for bank accounts, credit cards, intercompany transactions, and more not only saved time but also ensured accuracy and compliance.

Reconciliation 92

Reconciliation Automation Close Processes Accounts 92

The Paypers

OCTOBER 3, 2024

Hastings Direct Loans has announced its collaboration with IDVerse Identity to automate personalised journeys and improve its growth strategies.

Automation 67

Automation Process 67

Chargebee

DECEMBER 31, 2023

However, automation — in the form of customer feedback surveys, personalized offers, and onboarding workflows — can save time and money by streamlining processes and freeing up employees to focus their efforts on high-priority retention tasks.

Automation 98

Automation Process 98

FloQast

MARCH 13, 2024

Automation has emerged as a beacon of hope, promising to revolutionize traditional manual methods and alleviate the burdens accounting teams face. However, the path to automation is fraught with challenges. Part One: Managing Reconciliations At the heart of efficient reconciliation lies effective management.

Reconciliation 84

Reconciliation Automation Compliance Mitigation 84

Bank Automation

FEBRUARY 26, 2024

Terrence Thomas, executive vice president and chief information officer at First Bank, will speak at Bank Automation Summit U.S. 2024 on Monday, March 18, at 4 p.m.

Automation 124

Automation AI 124

Nanonets

FEBRUARY 1, 2024

Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others. Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort.

Automation 64

Automation Accounts Process Multi-Currency 64

Bank Automation

JANUARY 16, 2024

Technology leaders from PNC Financial Services will speak at Bank Automation Summit U.S. 2024 to discuss automation and creating a culture for AI. The speakers are Scott Kinross, senior vice president and software engineering director, and Anuj Shah, head of intelligent automation. CT on the […]

Automation 72

Automation AI Technology 72