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Advancements in technology such as artificial intelligence (AI), have transformed the way the average person interacts with their finances, allowing for easy access to digital banking services on their personal device cdotrends.com/story/4493/dig… #AI #digitaltransformation #banking

Would you like to speed up your time to revenue? Make it easy for your customers to work with you? Well that’s exactly what the Zenoo white-label platform is all about! No more tedious API connections, no more complicated integrations - just great user experience, and

The Federal Financial Supervisory Authority of Germany has “threatened to impose penalty payments” on Deutsche Bank, the country’s largest lender, if it doesn’t fix what it refers to as “defects” concerning its anti-money laundering (AML) fintechfutures.com/aml-solutions/… #AML #banking

New research highlights the acute risk associated with onboarding new customers, with 42% of banks identifying this stage as particularly susceptible to fraud infosecurity-magazine.com/news/ai-fraud-… #AI #fraud #IDverification #banking Infosecurity Magazine

Have a great weekend everyone! FinTech Futures Finance Monthly European Business Magazine The Digital Banker The Banker FinTech Weekly Alliance for Innovative Regulation IDEMIA TechNative AI Magazine Jim Marous 💯 Finextra

"Zenoo will continue to focus on AI as a cost effective way to expand and scale the business over the coming years." Technology Magazine carries news of Zenoo using AI to refine services. technologymagazine.com/pr_newswire?rk… #AI

Nearly half (48%) of banks globally say they have lost clients due to slow or inefficient onboarding processes. However, switching from manual to automated KYC processes is not easy and there is a certain amount of inertia too involved in banks not adopting new ways for doing

BLOG: Twin headwinds hitting ID verification The ID verification market is in a state of flux due to amalgamation and the malevolent use of AI. Read the Zenoo blog zenoo.com/news/blog-twin… #idverification #AI

Revolut has been fined €3.5 million by the central bank of Lithuania for deficiencies in its anti-money laundering controls finextra.com/newsarticle/45… #AML #banking Finextra

A new report shows that the need to balance efficiency and a positive client experience with the demands of KYC checks is proving difficult for a number of major banks wealthbriefing.com/html/article.p… #KYC #banking WealthBriefing

Have a great weekend everyone! FinTech Futures Finance Monthly European Business Magazine The Digital Banker The Banker FinTech Weekly Alliance for Innovative Regulation IDEMIA TechNative AI Magazine Jim Marous 💯 Finextra

For years, digital transformation in banking was about moving services online, making transactions faster, automating back-end processes and improving the customer experience. But the next phase is about being AI-driven thefintechtimes.com/ai-is-taking-o… #AI #banking The Fintech Times

Artificial Intelligence (AI) will revolutionise the financial services industry over the coming decade. And the transformation will be broad – impacting everything from customer experience to administrative operations says Lloyds Banking Group lloydsbankinggroup.com/insights/reima… #banking #AI

In the face of increasing generative AI-based deepfake attacks, banks must fight fire with fire and invest more in artificial intelligence themselves, Federal Reserve Governor Michael Barr has said bankingdive.com/news/banks-fig… #AI #security #banking

We’re thrilled to welcome Jonnie Davis to the Zenoo team as Vice President of Global Sales. Jonnie joins us with tonnes of energy and a rare quality: a relentless passion for solving real problems, not just selling fluff. He’s someone who thrives against the odds, brings bold

According to the International Monetary Fund, the financial sector’s spending on AI is set to more than double by 2027. This surge in investment is driven by AI’s potential to transform various aspects of financial services, from customer experiences to back-office operations.

AI IN THE FINANCIAL SYSTEM AI is already helping many financial institutions to automate and optimise their existing internal processes, such as code generation, as well as their interactions with customers, writes Bank of England in a new report bankofengland.co.uk/financial-stab… #AI

Have a great weekend everyone! FinTech Futures Finance Monthly European Business Magazine The Digital Banker The Banker FinTech Weekly Alliance for Innovative Regulation IDEMIA TechNative AI Magazine Jim Marous 💯 Finextra

Banks such as Halifax, Lloyds Bank, TSB, Barclays, and NatWest have announced branch closures in May, with more to follow later in 2025. The news is driven by the continuing trend of customers moving to online banking. birminghammail.co.uk/news/money/hal… #onlinebanking