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The latest news, views and insights from Pelican

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Exception Processing - From Cost Centre to Profit Engine

By Parth Desai
By reducing manual intervention and increasing STP, banks can be freed to provide their clients with the services they truly need, and offer value added services on top of these basics.

AI technology – the ‘essential’ business enabler

By Parth Desai
AI technology of Machine Learning and Natural Language Processing offers intelligent, automated financial transaction management and financial crime compliance solutions – reducing costs, increasing revenue and improving efficiency.

Driving STP with AI Technology

By Rajiv Desai
AI using Natural Language Processing (NLP) and Machine Learning (ML) can significantly help improve payment processing by automatically performing payment auto repair, enrichment and intelligent routing – just as an experienced human payment operator would.

ISO 20022 – Why AI should be part of your migration tool kit!

By Rajiv Desai
ISO20022 migration will undeniably be a resource-heavy exercise, so the adoption of the right technologies in the right areas will be a primary success factor – with AI technologies being the essential part of any organisations successful migration tool-kit!

How AI can address the global sanctions challenge

By Parth Desai
From September 23 2016, NACHA will begin a 3-phase process that will make virtually all types of ACH payments eligible for same-day processing.

Edging ever closer to the abyss: why AI will reverse this trend

By Parth Desai
Parth Desai, CEO and Founder of Pelican, discusses why AI is already a fact and not fantasy. He highlights why financial institutions and corporates need to get on board now—or risk getting left behind.

Don’t be that company

By Bill North
Violating sanctions can be deadly for a business. Compliance is the answer, but how can corporates—traditionally less regulated than their banking counterparts—ensure this?

Addressing AML concerns

By Bill North
Embracing technologies such as artificial intelligence can simplify the behind the scenes work in areas such as AML and KYC, automating vast portions of the process and helping to form part of a broader strategy of compliance.

What AI is and how it works in the financial services industry—Part 3

By Parth Desai
Parth Desai, Founder and CEO and AI guru discusses the results of the recent Finextra survey on the appetite and adoption of AI in Financial Services and asks, "What are the odds of AI based solutions becoming the imperative—not a nice to have?"

What AI is and how it works in the financial services industry—Part 2

By Parth Desai
While there are potentially endless opportunities for the technology in financial services, there is currently a gap in understanding how Artificial Intelligence (AI) works.