Articles

The latest in Cleareye.ai news and industry updates.

Global Fintech Cleareye.ai and PwC in Strategic tie-up to Help Banks

PRNewswire via COMTEX, July 1, 2020–

Global fintech company Cleareye.ai that serves various large banks today announced signing of a Joint Business Relationship (JBR) with PwC, to deliver unique products to help banks address pain points in their front office, middle office and back office functions.

As a part of the JBR relationship, PwC will gain access to Cleareye.ai platform and a wide array of products and solutions Cleareye.ai offers to its banking customers globally. The initial focus will be on Regulatory Compliance.

Cleareye.ai, headquartered in California with offices in New York, Bahrain, and India, offers a platform powered by advanced Artificial Intelligence to Simplify Banking. It aims to make banking accessible to more people globally and address their unmet needs by helping banks launch products faster to market.

Learn More

Trade Finance in a Post-Covid World

2020 was a challenging year, and it wreaked havoc on the state of trade finance. The COVID pandemic, fraud scandals, and allegations were just part of what put the market in such dire straits. But 2021 is providing a new…

Without Strong Technology, PPP Round Two Could Leave Lenders Floundering

“If lenders don’t invest in robust technology solutions for managing the coming onslaught of loan applications, they risk, at best, falling behind other lenders and, at worst, mismanaging loans and applications when they do come in.” Much needed relief is…

Trade Finance Automation- What was once a convenience is now a necessity

Trading of goods in international market is complex and fraught with risks and uncertainties. Transactions are made between entities in distant countries and there is often a trust deficit between sellers and buyers. And this is why risk-mitigating trade finance products…

The New Stimulus: What Does it Mean for Small Business?

For the past few months, America has been waiting for a new COVID relief package. On Dec. 20, negotiators finally agreed upon a $900 billion package with $320 billion going towards the PPP (Paycheck Protection Program) for small business. The…

Leveraging Technology To Automate Lenders PPP Forgiveness Processing

The current economic crisis along with restrictions related to pandemic has significantly impacted small businesses. The Paycheck Protection Program (PPP) is a loan designed to provide incentive for small businesses to retain workers on the payroll. Small Business Administration (SBA)…

Macro Technology Trends Adopted by our Product Engineering Team in 2020

Technology is evolving so quickly that anyone with the title Architect can feel overwhelmed when it comes to deciding what to choose and how long the choice is going to last. This isn’t going to change anytime soon, and here…

The PPP Loan is Here. Are Your Systems Ready?

The pandemic has hit businesses hard. With so many in need of assistance, the federal government and SBA are offering low interest and forgivable loans to small business owners. The PPP (Paycheck Protection Program) is one of the most popular…

Gauging Reputation Risk using Knowledge Graphs

According to the world economic forum more than 25% of a company’s market share is directly linked to its reputation. Reputation matters to all organisations, but very few have a plan to address reputation risks. There is no industry standard…

The Impact of LIBOR on Financial Institutions

Major changes are coming to the finance industry worldwide as regulators are pushing for banks to move away from LIBOR (London Interbank Offered Rate). This is potentially the largest ever fundamental change that the finance industry has had to deal…

Banks Struggling To Keep Up With Libor Transition

LIBOR is London Interbank Offered Rate, the benchmark rate in nearly $350 Trillion worth financial products contracts worldwide. Financial institutions have to completely transition away from LIBOR by the end of 2021. SOFR (secured overnight financing rate) has been developed…