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Financial monitoring in financial institutions: what is it?According to current legislation, some operations in financial institutions fall under the so-called financial monitoring. What is it and is it worth being afraid of it? Financial monitoring is an increased control over financial operations, which are subject to it. This control is carried out by a special state body created for this purpose. And obligations to record transactions, subject to...0 Comments 0 Shares 2K Views 0 Reviews
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Modernizing finance: How fintech is redefining small business loan offering by financial institutionsFintech in today’s modern landscape is an attempt to converge technology and financial services towards the process of reshaping small business loan offerings. AI, big data, blockchain, and mobile applications are the players of the fintech game incorporating technological advancements. The revolutionizing industry is making financial services more efficient, accessible, and...0 Comments 0 Shares 1K Views 0 Reviews
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Why banks and financial institutions need esign Solutions: Compliance, Security, and Cost SavingsBanks and other financial institutions must adopt new technologies if they want to remain competitive in today's fast-paced global market where customers demand immediate offerings. Digital signatures, also known as electronic signature responses, are one generation that has completely changed how banking is conducted. Banks can provide quicker services, streamline their processes, and...0 Comments 0 Shares 2K Views 0 Reviews
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AITech Interview with Chris Conant, Chief Executive Officer at ZennifyChris, could you start by introducing yourself and your role at Zennify and sharing a little about your background in the finance and technology sectors? I joined Zennify in April 2023 as Chief Executive Officer. I’m a customer success and IT services veteran with over 15 years of experience in the Salesforce ecosystem and 30 years in technology. Most recently, I was the Senior Vice...0 Comments 0 Shares 1K Views 0 Reviews
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Empowering Finance: How Generative AI Transforms Credit Unions and Community BanksThe rise of Generative AI (GenAI) has enormous potential for the banking and finance industries. By utilizing GenAI, banks and credit unions speed applications from submission to approval, save time and effort, and deliver a desirable customer experience. A recent report from the Society for Human Resource Management (SHRM) and The Burning Glass Institute details how GenAI will have an outsized...0 Comments 0 Shares 894 Views 0 Reviews