Listen: How machine learning reduces false positives in AML
Artificial intelligence-based security company Hawk AI today announced it has raised $10 million in series A funding. The Munich-based company...
Loan process automation fintech Blend headed for IPO
Banking process automation fintech Blend Labs experienced 90% year-over-year revenue growth to $96.0 million in 2020 from $50.7 million in...
‘Credential stuffing’ attacks on the rise at banks
Cybersecurity firm Akamai has seen a 45% year-over-year increase in automated “credential stuffing” attacks, which use stolen user names and...
Weekly Wrap: China pushes U.S. to take central bank digital currency seriously
This week, Bank Automation News delves into a House committee’s inquiry into a potential central bank digital currency (CBDC), and...
The buy now, pay later trend heats up
The buy now, pay later (BNPL) boom, which uses technology and alternative credit risk evaluations at points of sale for...
Bank of America uses AI to predict business volatility, acquisitions
Bank of America is using artificial intelligence (AI) to reliably predict which companies are likely to be acquired close to...
Take part in the Bank Automation News reader survey
Bank Automation News would like to know what our readers think about bots. The hype around robotic process automation (RPA)...
10 ways commercial lenders automate with bots
In pursuit of greater efficiency and cost savings, banks are finding identifying new processes to automate with robot process automation...
RockYou2021 breach makes splash, but looks more like hype than threat
RockYou2021 made headlines last week for being the largest computer breach in history — but two leading security firms told...
Listen: How to teach ethics to AI models
Removing bias from artificial intelligence (AI) models may seem as simple as removing demographic information from the data, but it...
