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25 January 2022 |
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● Finance
AI Powered Data-Driven Accounts Receivables Solution
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Dun & Bradstreet Holdings, Inc. a leading global provider of business decisioning data and analytics, introduced D&B Receivables Intelligence powered by FIS GETPAID. The solution will help finance leaders connect dispersed teams, disparate systems and data together so that companies can streamline and automate their accounts receivables (AR) processes. New Data-Driven Accounts Receivables Solution Powered by AI Helps Finance Leaders Automate Processes to Focus on Long-Term Growth in a Digital-First World.
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● Finance
AI Based Cash Flow Forecasting Tool
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Bank of America announced the launch of CashPro Forecasting, an artificial intelligence (AI) and machine learning (ML) cash flow forecasting tool. It utilizes ML models based on a business's cash flow history to create accurate financial forecasts. CashPro Forecasting learns and adapts to a business's seasonal and company-specific operational impacts. It retrains cash flow ML models at the end of each day, automatically selecting the most accurate model for each account.
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● Finance
AI Enabled Underwriting Platform
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Stratton Equities is integrating with Lendsmart’s AI-powered underwriting platform to underwrite loans upfront and reduce the loan origination processing time. Lendsmart’s Optical Character Recognition (OCR) technology will provide the mortgage broker with access to necessary source data, allowing for instant verification of assets, income, employment, as well as auto-completed 1003 and loan application forms. The partnership will allow Lendsmart to further its goal of supporting lenders with the latest in technology and help more borrowers get a loan in record time.
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● Banking
AI Driven Buy-Now-Pay-Later Banking Service
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Temenos the banking software company, announced the launch of its Buy-Now-Pay-Later banking service. This offering will open up new revenue opportunities for banks and fintechs, help them reach new markets and cement their relationships with both consumers and merchants through alternative credit products. Temenos BNPL, combined with patented Explainable AI, can help banks create ethically-driven lending programs by providing transparency into automated decisions and matching BNPL customers with appropriate credit offers based on their history.
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● Healthcare
AI Based Solution to Expedite Treatment for Patients in the Emergency Department
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Aidoc, the leading provider of enterprise-grade AI solutions for medical imaging, announced a partnership with Novant Health, a health network of over 1,800 physicians with 15 medical centers across three states. By incorporating Aidoc's AI platform, which includes seven FDA-cleared solutions for triage and notification of patients with acute medical conditions, Novant Health is taking proactive steps to improve patient outcomes and reduce emergency department (ED) length of stay amid resource constraints inflicted by the Omicron variant.
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