Tag: financial

Financial services leaders struggle to keep up with AI developments

Research released today shows that 78 percent of financial services enterprise leaders are finding it a challenge to keep up with the speed of AI model and data growth. The UK research, based on survey of 125 financial services leaders,…

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Cybercriminals are increasingly targeting the financial industry

Cybercrime tends to follow the money when it comes to selecting targets, so it’s perhaps not too surprising to learn that 63 percent of financial institutions admit experiencing an increase in destructive attacks. The latest Modern Bank Heists report from…

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Financial fraud attempts up over 200 percent in two years

A new study into financial fraud from Feedzai finds that fraud attempts globally are up by 233 percent over the last two years. Over the same period there has also been a whopping 794 percent increase in fraud on digital…

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New AI platform helps financial enterprises handle unstructured data

Unstructured data might include everything from documents to social media posts, all enterprises have it but being able to make use of it is a challenge. AI startup nRoad is launching its new Convus platform, aimed at financial services businesses…

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