Enhancing Innovation Through Strategic Collaborations
The influence of these collaborations goes beyond isolated applications, creating a ripple effect throughout the financial services landscape.
For example, Reality Defender harnesses the strengths of Oracle’s cloud technology along with NVIDIA’s artificial intelligence tools to tackle the pressing issue of financial fraud, especially as AI-generated threats continue to advance swiftly.
Ben Colman, the Co-Founder and CEO of Reality Defender, highlights the importance of their mission. “AI is progressing at a remarkable pace, far quicker than regulations can adapt,” Colman states. “While we have an optimistic view of AI’s growth, it’s clear that regulatory frameworks still need to evolve.”
This perspective is shared by Ntropy, whose transaction processing system showcases the growth potential these partnerships can achieve.
“Currently, we handle around one hundred million transactions each week,” notes Naré Vardanyan, Co-founder and CEO of Ntropy. “That’s just a fraction—less than half a percent—of the total transactions in the United States. Our goal is to reach at least 10% within the next three to four years.”
Ntropy’s platform enhances small and medium-sized enterprises’ access to capital, often available but not effectively distributed. By collaborating with Oracle and NVIDIA, Ntropy reduces the manual barriers that complicate fund accessibility.
Naré adds, “We are incredibly fortunate to work with Oracle and NVIDIA. Their hands-on support has been invaluable—we’ve recently signed multiple customers and partners in just a few days.”
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