The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the question: How can the good guys adapt? They can. Andrew Stucchio, global head of network...
The goal of innovation is to help businesses better tackle challenges that can feel daunting due to limited resources. And with the news Monday (Nov. 11) that identity and compliance platform Palm has introduced an artificial intelligence (AI) filing tool, dubbed the Beneficial Ownership Information (BOI) Filing Assistant, to...
Behind every modern artificial intelligence (AI) system lies a crucial foundation: massive datasets that serve as the model’s training ground. These collections of information, more significant than any human could process in a lifetime, shape how AI systems recognize images, understand text and process language....
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for...
November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through these yards — where trucks are loaded, unloaded, and dispatched — with inefficiencies that impact the entire logistics network. Historically, this labor-intensive work has relied […]
November 14, 2024
The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the...
November 01, 2024
The financial services industry stands at a crossroads where technology, customer expectations, and market pressures converge to create both challenges and opportunities. As we look toward 2025, industry leaders are...
November 01, 2024
Though it’s a truism that the world’s become more digitized — Venmo, PayPal, and Cash App are all staples of everyday life while we bank online, order online, and stream...
November 06, 2024
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for guidance and resources to equip businesses to conduct their own […]
October 23, 2024
Conversational artificial intelligence (AI) — the use of machine learning to facilitate natural language conversations between humans and machines — continues to make inroads in the financial services sector. In a...
October 17, 2024
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other financial...
October 17, 2024
The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. The department announced Thursday that its “technology and data-driven” approach allowed it to prevent and...
