Banking and Financial Services
The Core of Prudent Management: Precision in Provisions and Capital: Accurate calculation of accounting provisions and regulatory capital requirements is critical for the stability and sustainability of financial institutions. Today, advanced provisioning engines have become the cornerstone for ensuring precision, agility, and strict compliance with global regulatory standards.
Financial onboarding is one of the highest-risk stages for fraud exposure. With generative AI and advanced decision engines, institutions can now detect fraudulent patterns in real time, with unmatched precision and minimal friction for legitimate customers.
We are in the ‘Proactive Customer Management Era’ where credit limit management and cross-selling strategies are cornerstones of profitable growth in the financial sector.
We are in the ‘Proactive Customer Management Era’ where credit limit management and cross-selling strategies are cornerstones of profitable growth in the financial sector.
The admission process for financial products has undergone a radical transformation with the integration of advanced technologies like Artificial Intelligence (AI) and decision engines.
At AlgoNew, we believe AI doesn’t just change how we collect—it redefines why and for whom we do it. AI lets us move beyond rigid, costly models and adopt smarter, proactive, and customer-centric strategies.
In an increasingly challenging economic climate, where late payments are rising and consumers face diverse financial pressures, organisations must rethink how they manage their debt collection processes.
Artificial Intelligence (AI) has transitioned from being a mere futuristic concept to an integral part of our everyday reality. Since its inception in 1956, during the Dartmouth Conference, AI has evolved significantly, becoming an indispensable tool in our current world.
Financial inclusion has been a global goal for decades. Despite efforts, millions of people around the world still face barriers to accessing basic financial services. This lack of access not only hinders economic growth, but also reduces equality of opportunity in our societies.
The financial industry, known for its dynamic nature, is poised for significant transformations in 2024, driven by the confluence of technological advancements, regulatory changes, and shifting consumer preferences. From Madrid to New York, financial institutions, fintech startups, and insurance companies are navigating a rapidly evolving landscape, where innovation is not…
