FinTech Interview with Arthur Mueller, Vice President of Financial Crime at WorkFusion
August 6, 202427 min
Auto Insurers Taking AI Broader, Deeper Across Claims in 2022
February 22, 20235 min
CCC Intelligent Solutions Reports Use of Advanced AI for Claims Processing Grew 60% YOY Tech leader also reports processing more than 14M unique claims with advanced AI through 2022 CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, today announces an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application...
AI in Fintech Market to Surpass $46,881.9 Million Revenue by 2030
November 10, 202111 min
The global AI in fintech market size is projected to increase to $46,881.9 million by 2030 from $7,702.7 million in 2020, at a 19.8% CAGR between 2020 and 2030. With AI, the efficiency of financial processes and the security of money-related data can be improved massively. For instance, in regard to fraud detection, AI monitors people’s online transactional behavior so that any deviation and a potential fraud can be identified in real time and stopped right there. Moreover, AI helps in...
Zycus’ AI-Powered Bots Transforming Accounts Payable Operations
August 12, 20205 min
Diverse enterprises achieving up to 98% accuracy in invoice data extraction, drastically reducing invoice processing cycle-times, and freeing up FTEs to focus on strategic activities