From mortgage forbearance to ongoing credit risk management: AI helps FIs prevent loss

2023-01-27T15:23:18-08:00September 14th, 2021|

U.S. household debt is almost $15 trillion and two-thirds of that is mortgage debt. Pandemic-related unemployment, high inflation and natural disasters increase lenders’ credit risk. With two million household [...]

Research shows financial institutions want proactive fraud prevention

2023-02-08T16:50:40-08:00June 5th, 2019|

64% of large banks want supervised and unsupervised AI for fraud prevention As artificial intelligence (AI) and machine learning (ML) become more commonplace in the business world, financial [...]

U.S. senators introduce new legislation to coordinate and fund AI development over the next decade

2023-02-08T16:50:58-08:00May 28th, 2019|

Last week, another notable AI milestone occurred. Fresh off the heels of the U.S. Treasury’s Financial Crimes Enforcement Network and Federal Banking Agencies’ recent initiative that urged financial [...]

Next generation anti-money laundering and compliance powered by artificial intelligence and machine learning

2023-02-08T16:55:51-08:00February 14th, 2017|

Large and small firms need to navigate increasingly complex compliance rules and regulations as regulatory bodies continue to change the established financial regulatory frameworks. With tighter regulation comes [...]

Go to Top