Intelligent document process market ‘exploding’
When Citizens Bank wanted to import data from the financial statements of its commercial borrowers, it turned to intelligent document ...
Tag: artificial intelligence (AI)
Weekly Wrap: Federal Reserve vice chair disses digital currency
This week, Bank Automation News discusses comments made by U.S. Federal Reserve Vice Chair for Supervision Randal Quarles’ to the ...
Mastercard, Bank Policy Institute weigh in on regulating AI use in financial services
Financial institutions that leverage artificial intelligence (AI) and machine learning (ML) are not in favor of new regulations determining how ...
Workplace chatbot firm Moveworks reaches $2.1B valuation
Moveworks Inc., a startup that helps with employee technology support, is now valued at $2.1 billion, according to founder and ...
Bankers are turning bearish on branch networks
The Covid-19 pandemic accelerated a shift toward digital services in banking, a trend that may sound the death knell for ...
Automation in large enterprises is mostly small, pilot rollouts
Organizations, including those in financial services, are struggling to realize the full value of automation, in part because they’re tentative ...
Zest AI raises $18 million in funding
Underwriting software provider Zest AI has raised $18 million in a funding round led by VyStar Credit Union and the ...
Weekly Wrap: Automation fintech Blend plots public offering, defining fairness for AI
In this week’s episode of “The Buzz,” Bank Automation News discusses banking process automation platform Blend’s IPO plans and how ...
Listen: How legal and mathematical notions of fairness affect AI-driven credit underwriting
While legal ideas of fairness in credit have been long established by fair lending laws, adding artificial intelligence (AI) into ...
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 ...
