Latest News

AI Eye Podcast 704: Stocks discussed: (NasdaqGS: NICE) (OTC: RNECY)

Vancouver, Kelowna, Delta, BC – June 10, 2022 ( Newswire), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

AI Eye Podcast 704: Stocks discussed: (NasdaqGS: NICE) (OTC: RNECY)


Hear the AI Eye on Spotify

Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:NICE) (OTC:RNECY)

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has announced that Texas-based financial institution American State Bank has selected NICE Actimize Xceed, described as “an all-in-one AI fraud and anti-money laundering platform,” to drive its restructured financial crime strategy. Craig Costigan, CEO, NICE Actimize, commented:

“By providing a single platform leveraging AI, data intelligence and behavioral analytics, NICE Actimize Xceed provides mid-sized financial institutions with superior financial crime and compliance risk management. We look forward to supporting American State Bank’s new financial crime management platform and its future growth in the market.”

Advanced semiconductor solutions provider Renesas Electronics Corporation (OTC:RNECY) has entered into a definitive agreement with Reality Analytics, Inc. (Reality AI), a leading provider of embedded AI solutions, under which Renesas will acquire Reality AI in an all-cash transaction. This, according to the press release, “will significantly enhance Renesas’ endpoint AI capability, providing more flexibility and efficiency for system developers to make their products AIoT (Artificial Intelligence of Things) ready and get to market faster.” Hidetoshi Shibata, President and CEO of Renesas, said:

“The importance and demand of data at the endpoint is increasing at an unprecedented scale. The acquisition of AI technology is an important milestone to address our customers’ emerging requirements for endpoint intelligence. The addition of Reality AI’s AI solutions to our existing embedded AI portfolios will further solidify our position as a leading AIoT solution provider.”

Global AI in BFSI to Reach $84.33B in 2028

A report published by Research Dive finds that the global AI in BFSI (Banking, financial services, and insurance) is projected to grow from $21.06 billion in 2020 to $84.33 billion in 2028, registering a compound annual growth rate (CAGR) of 19.1 percent in the forecast period 2021-28. The following excerpt from the report’s overview highlights some key factors contributing to the market’s growth:

The implementation of AI based technologies in BFSI such as robotic process automation (RPA) and natural language processing (NLP) is expected to open new scope of opportunities for the market in the forecast period. Software that mimics rules-based digital tasks performed by humans is being applied in banking to eliminate much of the time-intensive and error-prone work involved in entering customer data from contracts, forms, and other sources. These factors are expected to open new scope of opportunities for the market in the forecast period.

Sam Mowers,

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on visit here

About – News that Inspires Big Investing Ideas publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.

The podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher,, iHeartRadio, Google Podcasts and most audio platforms available.

Visit the Podcast page at

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire Global investors must adhere to regulations of each country. Please read privacy policy:

The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of

Follow us on Twitter

Follow us on Facebook

Follow us on YouTube


800 665 0411

Buy a technology guest post on

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News