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Tag: fraud detection

FIS Strikes Partnership with Stratyfy to Combat Card Fraud

The global provider of financial service technology solutions, FIS, has collaborated with Stratyfy to boost card fraud detection capabilities. This partnership promised to curb fraudulent activities...

AI Automation for Accounting in 2024

Written by Rohan Handa Published:  Mar 15, 2024 ...

Set up cross-account Amazon S3 access for Amazon SageMaker notebooks in VPC-only mode using Amazon S3 Access Points | Amazon Web Services

Advancements in artificial intelligence (AI) and machine learning (ML) are revolutionizing the financial industry for use cases such as fraud detection, credit worthiness assessment,...

What are Electronic Payment Services: Trends and Benefits

The financial landscape has changed drastically in our fast-paced digital age. We are no longer constrained by physical currencies or unwieldy checkbooks. The age...

The Evolution of Payment Gateways: Adapting to Changing Consumer Behavior

The journey of payment gateways began with the surge of e-commerce in the late 20th century. As consumers embraced the convenience of online shopping, businesses sought...

Automated Payment Reconciliation: Streamlining Financial Reporting for Businesses

Payment reconciliation is the process of matching and comparing financial transactions to ensure consistency and accuracy between different sets of records. Traditionally, this task has been labor-intensive,...

7 Ways AI Can Streamline Expense Management

Managing expenses often proves to be a Herculean task for many organizations. Traditional expense management systems are often fraught with challenges: manual data entry...

How to streamline your Expense Reimbursement process

Expense reimbursement is a fundamental aspect of business operations, encompassing the process by which employees are paid back for expenses they've incurred on behalf...

The Role of Predictive Modeling in Payment Risk Management: Mitigating Uncertainties

Amid the ever-evolving nature of fraud tactics and market uncertainties, the financial industry is increasingly turning to predictive modeling as a robust tool to proactively address...

Generative AI: Can it be Banking Backoffice’s ‘New Best Friend’?

Generative Artificial Intelligence (GenAI) is not just a buzz word anymore. It is evolving as a transformative force that is reshaping the world. 2023...

Risk, Fraud and Compliance: 12 tech trends and predictions for 2024

As in other industries, the explosion of generative AI (GenAI) has forced the financial services sector to quickly adapt while riding a wave of...

Must-Have Features for Digital Banks in 2024

In 2024, digital banks continue to rise, drawing in customers with their innovative services. Leading digital banks such as Chime, Current, and Varo report significant...

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