article thumbnail

Ensuring Banking Compliance Through Project Management Expertise

Perficient Digital Transformation

A top-leading bank, grappling with business and regulatory challenges, faced scrutiny after failing the Federal Reserve’s annual stress test. To bolster its capabilities and ensure compliance, the bank sought assistance from Perficient in delivering exceptional project and program management services to tackle their significant hurdles.

Banking 52
article thumbnail

Intelligent Document Processing (IDP), Banking-specific IDP, and Insurance-specific IDP Products PEAK Matrix® Assessments 2024

Everest Group

Intelligent Document Processing (IDP), Banking-specific IDP, and Insurance-specific IDP Products Intelligent Document Processing (IDP) products continue to play a vital role in enterprises’ automation technology portfolios. Advances in generative AI are driving providers to ramp up their IDP capabilities.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Auxis Increases Operational Efficiency For Banking Client with Intelligent Document Automation

Auxis

Headquartered in Virginia with roots that trace back to 1902, our client is a publicly traded banking corporation with 230+ branches and ATMs located throughout Virginia, Maryland, and North Carolina. It also offers wealth management services like financial and retirement planning.??.

Banking 52
article thumbnail

Auxis Increases Operational Efficiency For Banking Client with Intelligent Document Automation

Auxis

Headquartered in Virginia with roots that trace back to 1902, our client is a publicly traded banking corporation with 230+ branches and ATMs located throughout Virginia, Maryland, and North Carolina. It also offers wealth management services like financial and retirement planning.??.

Banking 52
article thumbnail

Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

How will the EU AI Act impact the financial services sector, and how should enterprises and service providers structure their compliance activities? In recent years, the rapid advancements in artificial intelligence — in particular, generative AI — have revolutionized various sectors, including financial services.

Service 64
article thumbnail

UiPath Banking Case Study: Auxis Helps Client Block Wire Transfer Fraud

Auxis

Our client is one of the largest community banks headquartered in Florida, with nearly $8 billion in assets and more than 800 employees. and internationally with a diverse portfolio of financial solutions, including deposit, credit, and wealth management services.

Banking 52
article thumbnail

How does a period of Fed rate hikes play in the retail banking space?

Hyland

The interplay between the current inflation levels and the Federal Reserve’s rate hike response will affect banks differently at different times. banks over the next few years. Banks’ cost to fund loan balances will increase. For some time, banks may be able to reap short-term benefits on an arbitrage play as rates rise.

Banking 52