Artificial Intelligence
First Advantage Announces Partnership with LinkedIn Talent Hub
ATLANTA, Jan. 07, 2020 (GLOBE NEWSWIRE) — First Advantage, a global leader in background check and drug screening solutions, today announced a new partnership with LinkedIn Talent Hub, an applicant tracking system (ATS) that allows users to source, manage, and hire talent within a single platform. By partnering with LinkedIn Talent Hub, First Advantage will streamline, expedite and augment screening and monitoring solutions for LinkedIn Talent Hub customers.
“First Advantage’s broad range of screening solutions fit seamlessly within the holistic approach to hiring provided by LinkedIn Talent Hub,” said Joe Jaeger, Chief Revenue Officer and Executive Vice President for First Advantage. “By combining our industry-leading technologies, we are better enabling businesses to make informed hiring decisions quickly and easily.”
“Partnering with First Advantage helps to streamline the candidate hiring experience further,” says Kathy Tsay, Business Development at LinkedIn. “We will continue to work closely to ensure our customers can source and manage candidates all in one place.”
First Advantage dramatically improves the candidate experience and drives down turnaround times through an innovative mobile experience driven by artificial intelligence. By leveraging artificial intelligence to reduce, and even eliminate missing information, First Advantage simplifies hiring for LinkedIn Talent Hub customers. With this robust resource behind it, LinkedIn Talent Hub users can screen thousands of candidates in a single day to speed their hiring process and increase productivity.
About First Advantage First Advantage provides comprehensive background screening, identity and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. With an advanced global technology platform and superior customer service delivered by experts who understand local markets, First Advantage helps customers around the world build fully scalable, configurable screening programs that meet their unique needs. Headquartered in Atlanta, Georgia, First Advantage has offices throughout North America, Europe, Asia and the Middle East.
To learn more, please visit fadv.com.
Artificial Intelligence
Lucinity Recognized as One of the Top 100 AI Fintech Companies Globally
REYKJAVIK, Iceland, June 18, 2024 /PRNewswire/ — Lucinity has been featured in the AIFinTech100 list for 2024, marking its recognition as one of the top AI companies in the financial services industry. The AIFinTech100 list, curated by industry experts, highlights the most innovative fintech companies globally. Lucinity was selected from over 2,000 fintech firms for its problem-solving, market potential, innovation, and customer engagement. Earlier this year, Lucinity was also highlighted as a RegTech100 company.
This recognition comes amid rapid AI adoption in fintech. According to Fintech Global, research predicts the AI market in fintech will grow from $42.83 billion to $44.08 billion by 2024, reaching $50.87 billion by 2029. Banks alone are expected to spend $4.9 billion on AI platforms by 2024, with a 21.8% annual growth rate since 2019.
Lucinity’s inclusion in the AIFinTech100 list reflects its success in developing AI solutions that enhance efficiencies and cost savings for financial crime operations teams. Notably, Luci, the world’s first Generative AI copilot for financial crime investigations, launched in 2023, leverages Microsoft OpenAI technologies to augment human analysts’ capabilities, reducing investigation times from 3 hours to just 30 minutes.
Lucinity also recently launched Luci as a copilot plugin at Money20/20. Financial institutions are now able to integrate Luci with any web-based enterprise application including CRM systems, Case Manager systems, and Excel, delivering immediate ROI with zero upfront integration.
Security remains a significant challenge in AI adoption. Lucinity addresses this by partnering with Microsoft Azure develop a secure infrastructure. With a strong emphasis on compliance, Luci offers comprehensive auditability through its detailed Audit Log functionality.
Guðmundur Kristjánsson (GK), CEO of Lucinity, comments, “Being named in the AIFinTech100 showcases our impact amongst banks and fintech through advanced AI. It underscores our platform’s ability to empower compliance teams, deliver ROI, and reduce operational costs.”
Richard Sachar, Director of FinTech Global, added, “AI is revolutionizing financial services, increasing efficiencies and offering personalized products. This year’s AIFinTech100 list includes top innovators transforming the industry with AI applications.”
Lucinity’s inclusion in the AIFinTech100 list for 2024 follows several achievements, including winning the Microsoft Partner of the Year Awards for Sustainability and Social Impact and Partner of the Year – Iceland. Lucinity was also included in Chartis Research’s FinCrime and Compliance 50 Ranking for 2024 and was recognized as the best tool for Workflow Automation.
Name: Celina PabloEmail: [email protected] +354 792 4321
Logo – https://mma.prnewswire.com/media/2208676/4770157/Lucinity_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/lucinity-recognized-as-one-of-the-top-100-ai-fintech-companies-globally-302176061.html
Artificial Intelligence
CRISIL wins Model Validation Tools and Accelerators category award, other recognitions from Chartis
Recognized among top 50 financial services firms for analytics and risk tech
MUMBAI, India, June 18, 2024 /PRNewswire/ — CRISIL, a global provider of advanced analytics and risk management solutions, has won the Solution Category award for Model Validation Tools and Accelerators as part of the latest Chartis STORM 2024 report.
Published by Chartis Research, the leading provider of research and analysis on the global market for risk technology, STORM 2024 is an annual report on quantitative technologies and the computational infrastructure supporting it.
Following an extensive evaluation process, which included a risk technology survey, product demo, customer reference checks, and third-party sources of information, CRISIL won the following recognitions:
Solution category award for Model Validation Tools and AcceleratorsRanked Top 25 (#24) in QuantTech50 2024 rankingsRanked Top 25 (#24) in BuySideRisk50 2024 rankingsRanked Top 50 (#38) in RetailFinanceAnalytics50 2024 rankingsThe recognitions reflect the unparalleled value CRISIL brings to its clients through deep domain expertise, specialized analytical and technical knowledge and our global perspective.
Says Jan Larsen, President and Head, CRISIL Global Research & Risk Solutions, “CRISIL is honored by the recognition across multiple STORM50 award categories this year, including being named first place for Model Validation Tools and Accelerators. This is a great testament to the contributions of our team in giving clients and their regulators confidence in the models they use for making critical decisions.”
The core tenets of CRISIL’s value proposition include expertise across asset classes and risk stripes, analytical excellence and regulatory experience, tailored solutions focused on client delight, continuous improvement and technological innovation.
Says Ashish Vora, President, CRISIL Market Intelligence and Analytics, “This prestigious recognition underscores the global acceptance of our risk management solutions and highlights our unwavering commitment to excellence in the risk technology space. Our Credit+ technology solutions have been instrumental in offering AI-enabled advanced analytics and driving efficiency, and we are particularly proud of the exceptional client feedback we have received for these solutions. We are constantly exploring new ways to enhance customer value and are investing in cutting-edge technology and domain expertise to maintain our position at the forefront of the industry.”
Notable examples of CRISIL’s platforms that help demonstrate this value proposition include:
Model Infinity: A leading platform for model inventory management and model risk management. This innovative platform empowers our client to centralize all model activities, eliminates manual processes and operational risk, and provides a full audit trail of approvals for modeling assumptions and updates. Scenario Expansion Manager (SEM): A platform for clients to expand, analyze and track all regulatory and internal scenarios used for stress testing. As a centralized repository of scenarios, SEM allows institutions to eliminate redundant internal work and even provide clients the ability to share internal scenarios with one another. Credit+ ICON: The platform enables credit decision-making through its extensive financial spreading and front-end based credit risk scorecard hosting capabilities. Powered by deep domain expertise, AI-driven analytics and extensive configurability, it serves 40+ global clients across 15 countries.Credit+ Early Warning Signals: The AI-powered solution provides banks with actionable insights to monitor their credit quality, lower loan-loss contingencies and track corrective action plan.About CRISIL Market Intelligence & Analytics
About Global Research & Risk Solutions
About CRISIL Limited
Connect with us: LINKEDIN | TWITTER | YOUTUBE | FACEBOOK
CRISIL PRIVACY
Disclaimer
This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.
CRISIL has taken due care and caution in preparing this press release. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. CRISIL, especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.
Logo – https://mma.prnewswire.com/media/2211784/4276223/CRISIL_logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/crisil-wins-model-validation-tools-and-accelerators-category-award-other-recognitions-from-chartis-302175882.html
Artificial Intelligence
Enfuse Group acquires Truly Intelligent Business IP to further develop data capability
LONDON, June 18, 2024 /PRNewswire/ — Enfuse Group, a multi award-winning transformation consultancy, is delighted to announce the acquisition of the intellectual property from data consultancy Truly Intelligent Business (TIB).
This acquisition evolves the existing partnership between Enfuse Group and TIB, where they’ve worked together to simplify and accelerate data value for some of the world’s most recognisable brands, including The Financial Times and McDonald’s UK&I. This acquisition now fully embeds all of TIB’s powerful data value accelerators within Enfuse Group’s wider capabilities, enabling Enfuse Group to help even more organisations to be more data-driven, and less data-busy! This acquisition also sees Phil Husbands, Founder & Director of TIB move to Enfuse Group to spearhead the enhanced Enfuse Data & AI capability.
Enfuse Group’s expanded portfolio now features cutting-edge solutions that simplify data complexity, reduce costs, and maximise data return on investment. This includes 4dDX – A strategic data capability framework that quickly and easily creates powerful data strategies and ADEA (Accelerated Data Enablement Architecture) that simplifies and accelerates organisations’ ability to be more data-driven and less ‘data-busy’. Additionally, Enfuse Group has acquired a number of data accelerators that enable organisations to rapidly improve their data visibility, insights, governance, and operating models.
Josh Rubin, Chief Growth Officer at Enfuse Group commented: “This acquisition marks a significant milestone in our growth journey and the investment is a signal of intent on how we are further building our capabilities in the data, AI, and analytics space. We know from speaking to our clients how much they are struggling with the rapid growth of the data in their organisations and the need to get this under control to derive real business value. We are very excited to build on the great tools and approaches that TIB have been so successful with to-date and help further scale these to help a broader set of clients”.
Phil Husbands, Director at TIB commented “I’m delighted that our partnership with Enfuse Group has evolved to this stage, where TIB’s data accelerators can now reach more businesses and organisations, and our determined focus on ‘data-driven not data-busy’ will be boosted by the talent and expertise of the whole team at Enfuse Group”.
About Enfuse Group
Enfuse Group is a UK headquartered transformation consultancy who work with clients across both private and public sectors shaping and delivering their biggest transformations. Enfuse Group were recognised in the Financial Times Leading Consultancies across three categories, as well as being named Best New Consultancy in 2023 by the Management Consultancies Association (MCA).www.enfusegroup.com
To learn more about these Data Accelerators or for any enquiries, please contact [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/enfuse-group-acquires-truly-intelligent-business-ip-to-further-develop-data-capability-302175816.html
-
Artificial Intelligence4 days ago
Borderless AI & Cohere team up to build a custom-trained AI model for HR professionals, taking on Deel and Remote.com
-
Uncategorized6 days ago
AI Could Transform UK’s Public Finances as Labour Touts Gains
-
Artificial Intelligence4 days ago
LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™
-
Artificial Intelligence4 days ago
Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services
-
Uncategorized4 days ago
Dan’s the man: Why Chinese women are looking to ChatGPT for love
-
Artificial Intelligence6 days ago
ThreatQuotient is positioned as the Leader in the 2024 SPARK Matrix™ for Digital Threat Intelligence Management by Quadrant Knowledge Solutions for Third Consecutive Year
-
Artificial Intelligence6 days ago
Avicenna.AI secures FDA clearance for AI detection of vertebral compression fractures
-
Uncategorized4 days ago
Meta to use Instagram and Facebook posts from as far back as 2007 to train artificial intelligence tools