The Finance Weekly

JULY 19, 2022

Easily database all versions of your work and with the click of your mouse conduct variance analysis, slice and dice data sets, perform drill-downs, FX conversions, and easily review version histories. Board integrates seamlessly with popular business software systems and platforms, such as SAP ERP and Microsoft Azure or SQL database tech.

CRM

The Fintech Times

AUGUST 13, 2024

PwC UK , the professional services leader, is joining forces with Cockroach Labs , a cloud-native SQL database provider for modern cloud applications, in a move to reduce the risks, costs, and complexity of regulatory compliance and mainframe modernisation.

Compliance

Fintech Review

JUNE 18, 2024

By eliminating needless information transfers from spreadsheets, databases, and PDFs, data can be easily shared and utilized by all team members. They continually collaborate to execute strategic trading maneuvers. Foster a culture of compliance. Maintain comprehensive records.

Reconciliation

Segpay

NOVEMBER 26, 2024

typing speed, location data), with authoritative databases or records. Regulatory compliance is crucial in ensuring data privacy. The Future of Digital Identity Verification As the digital world continues to evolve, so will the technologies used for digital identity verification.

Verification

The Fintech Times

SEPTEMBER 14, 2024

She explains while AI can streamline compliance processes and save compliance teams time to spend elsewhere, firms need to be careful about how they implement it. “This improves customer due diligence by concurrently cross-referencing many databases to verify identities with potential clients and any risks associated with them.

Compliance

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. Banks must, therefore, prioritise resilience and continuity as never before. Zero Downtime ensures continuous service availability, eliminating the concept of ‘offline’ in financial services.

Finance

PYMNTS

APRIL 30, 2019

The new tech is intended to aid in authenticating identities, regulatory compliance, lending and payments. The first 30 days of a new membership are crucial to ensure those members’ continued loyalty to the credit union, according to Brian Knollenberg, vice president of member insights and strategy for BECU.

Credit Union

The Fintech Times

JANUARY 5, 2024

To kick off 2024, The Fintech Times is exploring how the world of AI may continue to impact the fintech industry and beyond throughout the coming year. David Sewell , CTO, Synechron , the financial services digital transformation consulting firm explains: “Advanced AI will continue to offer businesses new ways to innovate and grow.

AI

The Payments Association

OCTOBER 3, 2024

Additionally, outsourcing fraud management as a service reduces costs for the financial institution and ensures that databases, rules, and learning models are always up to date. Implementing advanced data management solutions enables seamless data integration and real-time analytics and ensures regulatory compliance.

Payment APIs and Integration

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines.

Suspicious Activity Report (SAR)

FICO

DECEMBER 6, 2019

At FICO we have integrated the Offshore Leaks Database by the International Consortium of Investigative Journalists (ICIJ) to screen customers against and explore any existing offshore connections to better assign appropriate levels of risk for ongoing customer due diligence requirements. Use of such systems is a best practice.

AML

FICO

MARCH 6, 2020

The convergence of fraud and regulatory compliance operations, which includes AML and know-your-customer, or KYC, regulations, is currently seen as one of the biggest trends in the financial crime industry by many experts. How does your software actually work, does it connect to government databases, perform statistical analyses?

Financial Crimes

Finovate

MARCH 29, 2024

The company’s technology validates cryptographic signatures to verify digital IDs and cross-checks personal identifiable information (PII) as displayed on the applicant’s ID versus information in government databases. Additional services such as facial and data comparison help reduce the risk of false positives.

Verification

Nanonets

SEPTEMBER 27, 2024

Uploaded IDs undergo an authenticity check and data extraction, which is cross-verified against an external database for verification. These pain points span across various aspects of insurance operations, from customer experience and fraud prevention to operational efficiency and regulatory compliance.

Process

Nanonets

JULY 31, 2023

Step 4 : Continuing the Conversation Often, we would want to have conversations with the LLM which are more than just a pair of a single prompt and a single response. Let us now learn how to use our past conversation history to continue the conversation. We create a vector database using the chunks.

API

Trade Credit & Liquidity Management

MARCH 6, 2025

While containing less in-depth and extensive information on businesses, these platforms offer databases that are continuously updated to ensure data accuracy and coverage to drive sales acceleration. The business information marketplace is indispensable.

Financial Analysis

Seon

SEPTEMBER 23, 2024

It involves comparing the details of a transaction against various sanctions lists, watchlists and other databases of high-risk entities before the transaction is completed. This process is essential for maintaining compliance in an increasingly regulated financial landscape. How Does the Payment Screening Process Work?

Suspicious Activity Report (SAR)

The Fintech Times

DECEMBER 7, 2023

The buzz surrounding artificial intelligence ( AI ) has grown exponentially throughout 2022 and 2023, and the early signs are that this trend will continue into next year. ” AI, AI, AI AI continued to be an important topic throughout day one of FinTech Connect , with another panel exploring how AI could impact the consumer.

FinTech

Trade Credit & Liquidity Management

MAY 27, 2025

Key drivers of this growth include the proliferation of digital transactions, regulatory compliance requirements, and the need for real-time fraud detection solutions. billion in 2022 to $252.7 billion by 2032, reflecting a compound annual growth rate (CAGR) of 24.3%. For more information, click here.

Fraud Prevention

Nanonets

SEPTEMBER 18, 2024

This not only improves accuracy but also helps in continuous improvement of the system. Financial document automation is crucial to ease employee stress, improve customer service, reduce turnaround times, and enhance regulatory compliance.

Automation

CB Insights

NOVEMBER 2, 2017

In addition, regtech companies can help corporations avoid fines for non-compliance by keeping them on top of the growing levels of regulatory and compliance requirements. Looking ahead, if early adoption continues, regtech could play a pivotal role in predicting and preventing the next financial crisis.

Compliance

Nanonets

APRIL 30, 2024

The final extracted data needs to be sent to a downstream business software or stored in a database. These models learn from examples and improve their accuracy over time and continuous learning/feedback. Validation and Verification : Extracted data is validated and verified to ensure accuracy and consistency.

AI

FICO

JANUARY 13, 2020

plans to create a reassigned number database ), the “autodialer” definition continues to remain in limbo. However, like last year, much of the action will continue to occur at the federal agency level in the form of new regulations. Call me an optimist, but I think the FCC finally issues a ruling in the first half of this year.

Authentication

Segpay

APRIL 22, 2024

The merchant receives the token and stores it in their database rather than storing Michael’s actual card number. Secures Emerging Payment Methods As the payments landscape continues to evolve, merchants and PSPs must adapt to support emerging payment methods and technologies.

Data Breach

Nanonets

JUNE 3, 2024

By structured, we mean that it has been arranged in columns and rows so it can be easily imported into another program or database. Better Compliance: Automated data extraction ensures consistency and reduces the risk of errors, aiding in regulatory compliance. Want to automate data extraction with the help of AI?

AI

CB Insights

JANUARY 4, 2018

It has a resume pool of 100M applicants, from its own database as well as its network of job sites (excluding Linkedin). Apart from finding qualified candidates from within its own database, Restless Bandit scans employers’ existing database of previous applicants to “rediscover” talent for current positions in the company.

Automation

Nanonets

JUNE 19, 2023

Database Management System: A database management system (DBMS) is a crucial component in on-premise automation. This data-driven approach will enable organizations to make informed decisions and continuously improve their automation initiatives. Let us show you how you can automate your entire AP data workflow in seconds.

Automation

Nanonets

JUNE 12, 2023

By digitizing documents through OCR, an audit trail is created, making it easier to demonstrate compliance with records retention laws. Additionally, extracting specific data such as dates, signatures, or specific clauses from these documents can aid in ensuring legal and regulatory compliance.

Automation

EBizCharge

MAY 14, 2024

Automated billing systems work by integrating with a company’s existing financial and customer databases and their accounting software. These benefits include time efficiency, improved accuracy, enhanced customer service, scalability, cost savings, regulatory compliance, insights and analytics, and integration with other systems.

Automation

Nanonets

FEBRUARY 28, 2024

This process not only supports informed decision-making but also enhances operational efficiency, regulatory compliance, and overall business performance. It fortifies data management frameworks, catalyzes informed decision-making, ensures regulatory compliance, and drives operational efficiencies. How does it work?

Reconciliation

Nanonets

MAY 11, 2023

Thus, continuing to hold on to what presumably works for a small setup hinders expansion and potential to scale.  Automated invoice processing workflows can be integrated with databases and other accounting systems for automatic matching without human intervention.  It also helps with regulatory compliance.

Process

Nanonets

NOVEMBER 14, 2023

This dynamic evolution reflects the continual adaptation of ERP to technological advancements, accessibility demands, and the diverse requirements of businesses across different scales. ERP solutions monitor compliance changes and enhance security through features like regulated data access and built-in firewall systems.

Facilitators

Nanonets

AUGUST 22, 2023

Integration: Excel automation facilitates integration with other software, databases, and systems, ensuring data flows seamlessly. Data Import and Export: Automate the import of data from external sources, such as databases or text files, using Power Query.

Automation

Nanonets

MARCH 30, 2023

Manual data entry involves the use of human operators to input data into a computer system or database, and this process can be time-consuming and error-prone. As OCR technology continues to evolve and improve, it is likely to become an increasingly important part of the healthcare and medical landscape. thanks @nanonets.

Automation

Nanonets

FEBRUARY 15, 2024

Data Validation and Verification: AI-based solutions often include mechanisms for validating and verifying extracted data against predefined rules or existing databases. Regulatory compliance becomes a challenge, as the manual handling of invoices hinders meeting accuracy and reporting requirements.

AI

Nanonets

JUNE 27, 2023

They can integrate with various software applications, databases, and enterprise resource planning (ERP) systems across the automotive value chain. Additionally, these systems can learn from human feedback, continuously improving their accuracy and efficiency over time. AI-based OCRs can also integrate with multiple systems.

Payment APIs and Integration

Nanonets

FEBRUARY 19, 2024

Enhanced security:  Nanonets enables real-time validation of customer data against different databases. Regulatory compliance:  Digitally extracting arrival/departure dates and passport numbers during immigration checks assists in compliance reporting under regulations.

Automation