Category: Robots

Home / Robots

Fraud: In a real-time world can AI detect and prevent it in real-time?

While digitization in financial services is bringing many benefits, it is also making financial institutions more vulnerable. According to recent reports by McAfee, cybercrime and financial fraud is currently costing the global economy an estimated $600 billion per annum. In fact, the true cost could actually much higher as firms cannot accurately identify and read more...

Is the Bank back office the key to unlock the next wave of growth and ...

Year after year, surveys have consistently ranked customer experience as the topmost priority for banks. However in a recent  survey, 72% of respondents said that their banking provider’s customer service has not improved over the past year. So what does this mean? Are the banks really not doing anything at all to improve customer experience? Probably not. One read more...

The Open Banking Opportunity for Corporate Banks

Regulation generates a lot of strong opinions – some people believe that it is vital while others think that it is an unnecessary intrusion into the free market. The truth, as usual, is somewhere in between these two extremes. For some industries, regulation clearly plays a crucial role – few people would argue against the regulation of new medicines. However, read more...

Are You Ready for Tomorrow’s Digital Lending?

Since the rise of FinTech, the world of lending has been abuzz with the power of  “digital” – FinTechs  positioned themselves as offering “digital only” and “neo-digital” experiences, while traditional lenders focused on adding a digital flavor to their services. Transformation, disruption and revolution have all been associated with digital. read more...

Can AI powered digital assistants enable a smarter banking experience?

As per the recent “2018 Retail Banking Trends and Predictions” report, which surveyed over 100 leading global financial institutions asking for top 3 predictions for 2018, the highest ranking prediction (61%) was that the industry will remove friction from the customer journey. The next two most mentioned trends were the improved use of data and advanced read more...

Artificial Intelligence In Lending – Is It A Magic Bullet?

Banks and other financial service companies are built on security and trust. They keep your money safe and you trust them to give it back when you ask for it. If you don’t trust your bank, you will take your money out. But if “too many” people do that then there will be a run on the bank. No bank has enough “cash” to cover all they “owe” to their read more...

About Nucleus

At Nucleus Software we are committed to providing efficient, modern yet proven software solutions for the global Banking and Financial Service industry. We have been pioneers in developing Retail Banking Software, Corporate Banking Solutions, Transaction Banking, Cash Management and Internet Banking Software since 1986. Our success spreads across more than 50 countries, and we serve our customers globally through our direct and partner operations across US, Europe, Asia-Pacific, Africa and the Middle East. We are known for our world-class expertise and innovation in lending and transaction banking technology. Our two flagship products, built on the latest technology are: FinnOne™ and FinnAxia™.