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A Quick Guide to Financial Process Automation with Machine Learning

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By Yevhen Krasnokutsky, AI/ML Solution Architect at MobiDev

Fintech startups are flourishing since our lives shifted to an online format. Statista reveals that as of November 2021, there were 10,755 startups in the Americas alone.

This number is still growing in 2022, and that’s why traditional financial companies encounter difficulties trying to withstand competition and remain effective. By adopting machine learning solutions, such companies can optimize main business processes and foster customer loyalty.

So, in this article, we’re going to lift the curtain on machine learning (ML) approaches that enable process automation. [Read more…] about A Quick Guide to Financial Process Automation with Machine Learning

How KYC Automation is Transforming Client Onboarding

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Back in the day, onboarding was a process that had to be done face-to-face, at a brick-and-mortar location that had a computer system hooked up to a program that could be monitored and checked for compliance.

The Know Your Customer (KYC) platforms have changed that old traditional system in some substantial ways. Changes that are the best for companies and consumers alike.

When you combine an automated system to the KYC platforms you gain a winning combination that will speed up all the processes involved in every transaction. [Read more…] about How KYC Automation is Transforming Client Onboarding

RE2 Robotics achieves 50 percent hiring growth despite pandemic

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RE2 Robotics, or “Resquared Robotics”, a developer of intelligent mobile manipulation systems, announced today that the Company has already reached its 2020 hiring goal of increasing its staff by 50 percent.

In particular, 83 percent of the new hires were engineers from a variety of disciplines, including mechanical, electrical, and software engineering.

In addition, the Company has added to its operations team with the hiring of a head of talent, director of IT, and accountant, and has augmented its production team with the addition of a CNC machinist and lab assistant. [Read more…] about RE2 Robotics achieves 50 percent hiring growth despite pandemic