10 AI News Investors Shouldn’t Miss

7. Pegasystems Inc. (NASDAQ:PEGA)

Number of Hedge Fund Holders: 28

Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, hosts, and supports enterprise software. On December 11, the company announced a new edition of Pega Smart Investigate™, an end-to-end case management system powered by Pega’s low-code platform for AI-driven decisioning and workflow automation. The new edition includes expanded automation and generative AI capabilities to help banks process payment exceptions and investigations faster and more efficiently.

It comes with a modernized user interface and supports the latest ISO 20022 standards, enabling financial institutions to tackle increasing payment exceptions while cutting down operational costs and improving client satisfaction. Key innovations in Pega Smart Investigate Enterprise Edition include expanded automation and improved workflows, advanced AI agents for guidance and summaries, and improved architecture and user interface.

“This new version of Pega Smart Investigate represents a significant leap forward in payment exception handling. By combining advanced automation with generative AI capabilities, we’re helping banks transform what has traditionally been a complex, manual process into a streamlined, intelligent workflow that can dramatically reduce resolution times and improve the client experience”.

-Ryan White, director, product management, Pega.