Tag: Machine Learning (ML)

New Anti-Money Laundering (AML) scores reduce false positive alerts by 50% while detecting 100% of known money laundering transactions, and discover new aberrant, potentially risky. Money laundering continues to fuel crime and terrorism globally, with the UN estimating up to $2 trillion moved illegally each year.

Decision intelligence is the evolution of data, analytics, and insights that drives smarter business decisions and strategies. Gartner defines decision intelligence as space, wherein a variety of decision-making solutions and approaches come together, to create a framework and discipline that the business can leverage to guide decisions and strategies.

The saying goes, 'the more advanced technology gets, the quicker it becomes more advanced'. IT infrastructure is changing rapidly. Complexity is on the rise. Digital talent is scarce. Infrastructure is becoming code, and the cloud is evolving into a continuum of technologies.

Many small and medium businesses (SMBs) want to implement innovative technology that gives them visibility, flexibility, and efficiency in managing finances, operations, and people. Yet companies face an overwhelming selection of choices when they evaluate their options for finance, payroll or enterprise resource planning (ERP) software.

The massive surge in cybercrime, the ever-increasing number of threat vectors, and a critical skills shortage has left organisations feeling more vulnerable to cyberattacks than ever before. With exponentially more ransomware incidents being reported than there are skilled cybersecurity professionals available, progressive businesses are looking to Artificial Intelligence (AI) and Machine Learning (ML) to close the gap.

Cash-strapped municipalities are missing obvious opportunities to recoup unclaimed taxes. Often, they are focused on bigger budget items, but they need to realise that one obvious answer to cash preservation is hiding in plain sight.

Super apps, banking-as-a-service, behavioural banking and cyber security. These are just a few of the trends that promise to make the future of banking fast, frictionless, and personalised. The increasing prevalence of smartphones means that billions now have an entire banking system in their pockets.

Customers expect an easy, hassle-free omnichannel shopping experience; and digital innovation is the answer that retailers have been waiting for. It has been rapidly transforming retail value chains in recent years.

The month of May is significant for the African continent because it is during this month that we celebrate Africa Day. Africa Day commemorates the formation of the African Union on May 25, 1963. It is a day when Africans celebrate the continent’s independence, freedom, and liberation from colonialism.

The stats speak for themselves. Firstly, there has been a 169% increase in online purchases from new or low-frequency online shoppers. Secondly, more than 80% of consumers who increased their omnichannel digital usage during the pandemic expect to continue with these.