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Understanding AI: What is a Deep Learning Node?

August 7, 2020

To the layman, much of the language in the AI space can be mystifying, particularly in deep learning. Take for example one of the core elements; the node. A deep learning node is “a computational unit that has one or more weighted input connections, a transfer function that combines the inputs in some way, and an output connection. Nodes are then organized into layers to comprise a network.”

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Nigerian Email Scammer – ELITE Division

August 4, 2020

Nigerian “419 scammer” goes big time “Hushpuppi” portrayed himself as successful and wealthy to recruit and fool victims It was a small error that eventually snared him By now, the phrase “Nigerian email scammer” has become a cliche to the extent that one wonders if they actually exist in the literal sense — a person…

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Business Resiliency and Technology Critical for RCM

July 30, 2020

A new podcast at PYMNTS.com features a conversation with Jennifer Barker, Managing Director and Head of Wholesale Payments Product Delivery at JPMorgan Chase & Co., on the topic of business resiliency in this unprecedented pandemic environment.

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Nine Drivers of Mobile Deposit Growth

July 29, 2020

Ensenta/EPS has put together an excellent report exploring NINE DRIVERS OF MOBILE DEPOSIT GROWTH (You can download a copy HERE). They come out of the gate by noting that large financial institutions continue to invest in increasingly better mobile deposit user experiences for two reasons: Improving return on investment (ROI) Growing their deposit base Given…

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Check Fraud is Boosting Overall Financial Fraud

July 28, 2020

An article by Antoinette Burnside, assistant vice president and product manager for Kennewick-based Community First Bank and HFG Trust, appeared in the Tri-Cities Area Journal of Business, describing how pervasive check fraud is feeding financial fraud in general.

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COVID-19 Effects on Healthcare RCM Growth Projections

July 27, 2020

Healthcare RCM market project to grow to an estimated $44.3B by the end of 2020 Technological advancements and innovations in RCM mitigate delays in RCM during COVID-19 pandemic COVID-19 pandemic accelerates need for automation Amidst the COVID-19 pandemic, revenue cycle management and back-end operations for healthcare organizations and RCM servicers have experienced major delays and,…

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US Treasury Fraud Prevention Resource Warns Against COVID-19 “Money Mule” Schemes

July 22, 2020

Among the myriad fraud schemes emerging during the COVID-19 crisis are “money mule schemes.” A money mule is “a person who transfers illegally acquired money on behalf of or at the direction of another.” These are scams that, frankly, take advantage of the desperation some persons and businesses feel due to to COVID-19 economic impacts. In this climate, actors are able to fairly easily deceive otherwise savvy victims by impersonating federal government agencies, international organizations, or charities.

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Funds Availability: The Race is On

July 17, 2020

Modern bank consumers are more and more comfortable interacting with their accounts online, often from a portable device. It’s never been easier to make deposits — using an app on an always-handy phone — and see the “funds available” right in an account, reassuring the user that the money is indeed deposited and… available. MyBankTracker…

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The Prevalence of Invoice Fraud in Businesses

July 16, 2020

Pymnts.com looks at the startling emerging story of a Germany payments company called Wirecard, where as much as $2.1 billion may be unaccounted for.

The story notes that “even the largest companies with the most resources to digitize and combat fraud are not immune to the risk — from both within and outside of, the organization.”

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Implementing AI in Healthcare: Start Small for Real Results

July 16, 2020

The challenges facing healthcare organizations face Starting with smaller projects still yield big results Identifying Areas in RCM for AI Implementation  It is no secret that Artificial Intelligence has immense potential to drastically change and improve healthcare. What many healthcare organizations and their vendors are struggling with is not their vision of AI in healthcare,…

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