Join us at NextGen:AI

Accelerate Payments Modernization at NextGen:AI

Join us at NextGen:AI to discover AnalystAccelerator.ai – the first Applied AI solution designed specifically to speed up payments modernization for banks.

Raquel Gomes, our Head of Innovation, will giving the first public in-person demonstration at 12:30 on the main stage. Our team will be on hand to talk you through how it works at our stand in the main hall.

Book a meeting here.

What is AnalystAccelerator.ai?

Banks worldwide are juggling multiple, multi-year, multi-million-dollar modernization projects, such as ISO 20022, SEPA Instant in Europe, and FedNow and RTP in the US. Over nine in ten (91%) banks now consider payments modernization a high priority, but research shows most are struggling to meet demands. Failure to comply can lead to major fines (up to 10% of revenue in the case of SEPA Instant), exclusion from various payment schemes, and a loss of market share.

AnalystAccelerator.ai helps banks address these challenges with the world’s first applied AI tool for payments modernization. It’s built on knowledge from over 300 payment projects for world-leading banks and the most comprehensive library of global payments documentation.

Using AnalystAccelerator.ai, a business analyst can reduce manual work on a typical payment modernization project by up to two-thirds (68%). Regulatory and project documentation updates that used to take weeks can be completed in under a day, saving banks millions of dollars and months of work.

In trials with a tier one bank, AnalystAccelerator.ai reduced the time it took to create business requirements for the new SEPA Instant Payments Regulations from the standard 25 business days to 45 mins with two hours for human review and edits, delivering a 99.5% time-saving. This helped the bank to get back on track to meet the regulatory deadlines.

If you’d like to learn more, book a meeting with the team below at NextGen:AI.