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News Feed

Bank of America Brings AI to Account Receivables

Artificial intelligence is making its way into the messy world of account receivables for those corporates processing large volumes of payments, thanks to Bank of America Merrill Lynch and fintech startup, High Radius.

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Artificial Intelligence Needs a Strong Data Foundation

With the potential of providing ‘smart’ solutions for a variety of challenges, artificial intelligence (AI) and machine learning are getting a lot of attention. But, before try to built an AI solution, make sure your data foundation is strong.

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You’ve heard of Bitcoin, but what about Ethereum?

You’ve just got to grips with Bitcoin – maybe you’ve even used it. Well, it has a new challenger on the scene that’s got the support of some major businesses. Ethereum is gaining popularity and its value is rising.

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How banks and fintechs are partnering for financial inclusion

Center for Financial Inclusion at Accion examines how partnerships between mainstream financial institutions and fintechs are expanding access to the formal financial economy for underserved segments of the global population, particularly in emerging markets.

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What’s driving the return of QR?

Until recently, choosing between NFC payments and QR codes would have been an easy choice. Now, large processors, Mastercard and Visa exploring the method for merchant payments, and popular P2P apps like Venmo using the technology, it seems like the barcode-based system is resurfacing.

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The eyes have it: Bank of America, Samsung pilot iris-scan logins

This month, Bank of America will begin piloting technology from Samsung that lets customers log in to mobile banking by taking a picture of their eye. In addition to the iris scanning pilot, it is exploring the use of facial scanning and voice recognition.

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Advanced Analytics And The Future of Digital Lending

To be a digital leader, banks and credit unions must do more than provide a digital app. Internal lending processes must be transformed to eliminate friction and unneeded steps, with advanced analytics supporting proactive loan decisions.This news is provided by the Innovation Center of Intesa Sanpaolo.

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Evolving For Symbiosis: Rethinking The Bank-Fintech Puzzle

To work with fintechs, financial institutions need to offer plug-and-play services and a new approach to partnership.

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Artificial Intelligence + Message Chatbots = The Future of Banking?

Banks and credit unions looking to grow relationships with Millennials and Gen Z must embrace chatbot technology. With AI evolving at an exponential pace, the adoption of automated chatbots is set to take off.

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