Author: Fady Askharoun
AI occupies executives’ thoughts in many ways, according to the results of Sopra Steria’s third annual Digital Banking Experience Report. The report, produced with Forrester and Ipsos, surveyed more than 850 senior decision-makers at global…
As the largest neobank in Latin America with over 100 million clients, Brazilian fintech Nubank, backed by Berkshire Hathaway’s Warren Buffett, has well surpassed the break-even mark, reporting profits exceeding $1 billion. Now, it aims…
A consortium of Argentine banks has formally accused Mercado Libre, often dubbed the Amazon of Latin America, of abusing its dominant market position in the fintech sector. This marks a significant escalation in a longstanding…
Nearly every industry is enamored with generative AI, and fintech is one of the key sectors leading the charge in its adoption. Financial firms can combine generative AI with more established traditional AI capabilities to…
Before Gutenberg developed his printing press in 1436 it could take months or even years for news to spread. Less than a century later, it was only 17 days after Martin Luther nailed his 95…
A world where small businesses run smoother, decisions are driven by data, and delivering top-tier customer value is closer than you think, and it’s being propelled forward by the recent boom in Artificial Intelligence (AI).…
Could AI have prevented the Silicon Valley Bank (SVB) crisis? Maybe not completely, but consumer sentiment analysis could have dramatically reduced its impact. That’s what Constellation learned when it used Aurora, its new AI-powered technology,…
Companies like Hummingbird and Babel Street are successfully applying new technologies to improve the efficiency of long-cumbersome aspects of compliance. By doing so, they have created a potent human/technology mix that improves both performance and…
If artificial intelligence (AI) is properly deployed, it improves credit unions’ fraud decisioning capabilities, Provenir’s EVP for North America Kathy Stares believes. Fraud detection and prevention is a top priority for credit unions as they…
AI tools have flooded the market over the past year, with headlines and public sentiment ricocheting between acceptance, support, opposition, and downright hostility. While we are beginning to see early attempts at regulating generative AI, the technology is continuing…
