AI Helps U.S. Treasury Recover $1 Billion in Fraud Detection for 2024

The U.S. Treasury Department has harnessed the power of artificial intelligence (AI) to detect and recover over $1 billion in fraud during fiscal year 2024, nearly tripling the amount recovered the previous year.

FinTech Automation Supports the FedNow® Service, Advancing U.S. Payment System

DALLAS, July 16, 2024-FinTech Automation (FTA), announced today it is now supporting live transactions on the Federal Reserve's instant payment rail, the FedNow Service. FinTech Automation joins a lineup of service providers facilitating transaction activity for financial institutions on the service.

How Can Workflow Automation Revolutionize Banking Operations?

Fintech and digital banking solutions have demonstrated the transformative power of automation in the banking industry. Use cases such as new account opening, KYC operations, customer onboarding, loan processing, fraud mitigation, and compliance management highlight the effectiveness of automation in improving efficiency and customer experience. With numerous successful examples, banking automation has become a game-changer in the financial services industry. 

Driving Digital Transformation: Consulting for Fintech

One of the key advantages of consulting services is their ability to address the unique challenges and requirements of each fintech organization. The focus is on optimizing existing infrastructure, migrating to the cloud, or integrating new technologies, ensuring that solutions are not only effective but also scalable and future-proof.

How to Enhance Digital Experience in Fintech?

Digital Experience, encompassing both User Interface (UI) design and User Experience (UX), focuses on how users engage with digital products or services. While UI design concentrates on visual aesthetics and layout, UX design delves into the holistic user journey, encompassing ease of use, efficiency, and overall satisfaction.

FinTech Automation Joins the FedNow® Service to Propel U.S. Payment Systems Forward

FinTech Automation announced it is now live on the Federal Reserve’s new instant payment rail, the FedNow Service. This pivotal collaboration marks a significant milestone, empowering FinTech Automation with unprecedented speed, efficiency, and accessibility in processing instant payments.

Building the Blueprint for a New Age Enterprise Architecture in Banking

As the banking sector undergoes rapid digital transformation, financial institutions of all sizes face the imperative to overhaul their digital infrastructure—the backbone of their digital initiatives—known as enterprise architecture. But what does a modern enterprise architecture entail? Experts from Cedar Management Consulting outline the fundamental components that demand attention.

What Are Fintech Consulting Services?

Fintech Consulting Services encompass a wide range of advisory roles aimed at assisting financial institutions, startups, and businesses in leveraging technology to optimize their operations. These services extend beyond mere technological implementation; they involve a strategic approach to aligning technology solutions with business objectives, compliance requirements, and industry standards. Fintech consultants serve as trusted advisors, offering insights, recommendations, and practical assistance to navigate the ever-evolving Fintech landscape.

Benefits of Custom Software Development: Streamlining Your Business Needs

Custom software development offers tailor-made solutions to meet specific business requirements while providing a competitive edge in the market.