Over the past decade, artificial intelligence (AI) and data analytics have transformed many business processes. Virtually every data-rich organization now claims to be “gaining actionable insights from AI.” For businesses considering analytics, it can be difficult to separate the hype from the hope and understand just what these solutions can do.
In recent years, the fields of learning design and employee coaching have been revolutionized, with technology playing a major role in enabling long-standing principles of education to be applied for better-than-ever business results. Integrating these technologies with communications and compliance monitoring systems creates a virtuous cycle of feedback-driven improvement that empowers savvy ARM industry businesses to pull ahead of the pack.
Today, we announced that two new members – Joann Needleman, leader at Clark Hill and former CFPB Consumer Advisory Board member and Hardev Tumber, Head of Collections at Revolut – have joined the Sedric Advisory Board. We are proud and delighted that both have chosen to contribute their extensive experience in credit and collections to Sedric’s mission of enabling consumer finance organizations to grow while complying with tightening regulations.
Just like other functions of the financial services industry, marketing is going through a major disruption. Fintechs are spending billions on marketing and advertising, paying big bucks to be center stage for public attention. In his latest Finextra blog, our CEO Nir Laznik shared marketing compliance trends and how fintechs can stay ahead of the game in this highly competitive environment.
For most financial firms the big question is not whether to be compliant, but how to keep up with the superhuman pace at which new regulations are issued or updated, or even clarified and made more precise. As in so many areas, where change has exceeded our ability to keep pace, technology can step in to help, in the form of automated, AI-driven compliance solutions.