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Perativ: Improved Cash Availability at Low Cost and Minimal Effort

Top 10 Artificial Intelligence Solution Companies - 2021

In the past few years, technical advancements in the AI space has enabled machines to think and act like humans. Such advancements have caused the next significant technological shift after the evolution in mobile and cloud platforms. Recently, the global AI market size was calculated to be at $39.9 billion, but by 2027 it is estimated to grow at a compound annual growth rate of up to 42.2 percent.

With continuous research, AI has made massive development in the fields such as retail, healthcare, manufacturing, finance, banking, and manufacturing. These sectors are using a blend of AI and IoT also known as AIoT. Although both technologies have individual characteristics, when used together, better and more unique possibilities open up. The ability of AI to gain insights from data quickly makes IoT solutions more intelligent.

In the banking space, for instance, harnessing cognitive technology with AI is helping the legacy companies reap the advantage of digitalization and meet the competition posed by newer financial services startups, which are already using technologies like predictive analytics, voice recognition, and others.

At this juncture, many artificial intelligence solution providers are entering the domain with advanced and integrated offerings. To help the banking sector strengthen its operational capabilities and simultaneously enable growth in the industry, Banking CIO Outlook has compiled a list of the emerging artificial intelligence solution providers. The list comprises prominent organizations in the industry that address issues pertinent to the banking sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you Banking CIO Outlook’s, “Top 10 Artificial Intelligence Solution Providers –2021.”

Top Artificial Intelligence Solution Companies

Cybersecurity company specializing in the development of software for online fraud prevention

www.buguroo.com

Provides advanced analytic software and services helping businesses create value from their data

www.pksi.com

Unlike the traditional cash forecasting software, Perativ’s solution automates cash compliance and integrates it with cash forecasting to enable banks with full control over the entire cash cycle. As a SaaS offering, it manages four core functions across the cash cycle, including cash forecasting, compliance, treasury reconciliation, and cash orders. Improved systems and data not only aids banks in improving compliance and risk management but also provides them with the independence to make accurate and actionable decisions. Besides, Perativ offers its solution as a managed services offering where it handles end-to-end cash management processes for its clients

perativ.com

Amelia

Amelia

Amelia is the world’s largest privately held AI software company delivering cognitive, conversational solutions for the enterprise. As the leading digital workforce company, we team humans with digital employees to unleash creativity and deliver business value at scale. Amelia streamlines IT operations, automates processes, increases workforce productivity and improves customer satisfaction – delivering bottom line results. Headquartered in New York City with offices in 15 countries, Amelia serves more than 500 of the world’s leading brands across IT services, financial services and banking, insurance, telecommunications, retail, manufacturing, healthcare and other sectors

ComplyAdvantage

ComplyAdvantage

Enable to understand the real risk of who you're doing business with, through the world's only global, real-time risk database of people and companies. The company actively identify tens of thousands of risk events from millions of structured and unstructured data points - every single day. ComplyAdvantage suite of configurable cloud services integrates seamlessly to help automate and reduce the frustration of complying with Sanctions, AML and CTF regulations

Inbenta

Inbenta

Inbenta is a global leader in a new class of enterprise AI and semantic search technology for e-commerce and customer support. Powered by natural language processing, Inbenta’s products are used by over 250 companies to drastically boost self-service, enhance customer experience, increase conversions, and cut down on support costs by helping customers find exactly what they need

Narrative Science

Narrative Science

Narrative Science creates software that writes stories from data to drive understanding and results. Powered by artificial intelligence, our technology automatically turns data into easy-to-understand reports, transforms statistics into stories, and converts numbers into knowledge

Next IT Corp

Next IT Corp

Provide an artificial intelligence (AI) suite of tools, technologies, algorithms, and conversational AI solutions that deliver best-in-class Intelligent Virtual Assistants (IVAs) focused on improving customer experience, boosting revenue and lowering costs for the Global 5000. Next IT supports Enterprise intelligence and automation initiatives by delivering real-time, contextual, and secure, automated conversations for customer and workforce engagement, across any digital and voice channel

Onfido

Onfido

Onfido is the new identity standard for the internet. The company AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. The comapny mission is to create a more open world, where identity is the key to access

Rezilyens

Rezilyens

An experiential and personalized brand focused on delivering high impact – consequential results