Month : June 2023

Automated Financial Systems Announces the Successful Implementation of AFSVision at Flagstar Bank
Banking News

Automated Financial Systems Announces the Successful Implementation of AFSVision at Flagstar Bank

PR Newswire
by PR Newswire0
Automated Financial Systems, Inc. announced the successful implementation of AFSVision at Flagstar Bank. AFSVision was chosen to partner with Flagstar as they continue to enhance their commercial lending lines of business while building on their relationship banking model that offers first-class services and products to their customers. “AFS is happy to......
Lookout Study Reveals Rising Complexity Is Putting Data at Risk
Cloud News

Lookout Study Reveals Rising Complexity Is Putting Data at Risk

Business Wire
by Business Wire0
Financial services organizations face a critical data security gap, with only 13% maintaining complete visibility into data access and usage Lookout, Inc., the endpoint-to-cloud security company, has unveiled new survey findings that expose the surge of data breaches in the financial services industry. The study reveals 70% of IT leaders surveyed via......
Finance Investment Services News

Survey: Organizations’ Cash and Short-Term Allocation to Bank Deposits Drop to 47%, Lowest in Four Years

PR Newswire
by PR Newswire0
Recent bank failures drove a shift away from bank deposits into Government/Treasury money market funds, Treasury bills and Agencies Forty-seven percent of organizations’ cash and short-term allocation are maintained in bank deposits, according to the 2023 Association for Financial Professionals (AFP) Liquidity Survey, underwritten by Invesco. This figure is down 8......
Block Green's Platform Sees First Public Trade in Collaboration with Merkle Standard
Finance News

Block Green’s Platform Sees First Public Trade in Collaboration with Merkle Standard

Business Wire
by Business Wire0
Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a US Bitcoin mining company, have announced a partnership aimed at transforming the financing landscape of Bitcoin mining. The collaboration allows Merkle Standard to leverage Block Green’s innovative platform for hedging future revenue risks and accessing immediate liquidity at transparent......
Advisor360° Survey: Mass Affluent and High Net Worth Individuals Are More Engaged Online Than Two Years Ago
Finance News

Advisor360° Survey: Mass Affluent and High Net Worth Individuals Are More Engaged Online Than Two Years Ago

Business Wire
by Business Wire0
Nearly One Third of Generation Z and Young Millennials Check Portfolio Balances Daily Seven in 10 clients of financial advisors (69%) report spending more time checking their accounts online than they did two years ago, according to findings from Advisor360°’s latest survey. In addition, while 74 percent of respondents check......
United State Bank Partners with Bankjoy to Deliver Superior Online & Mobile Banking Experience
Banking News

United State Bank Partners with Bankjoy to Deliver Superior Online & Mobile Banking Experience

Business Wire
by Business Wire0
United State Bank has partnered with digital banking provider, Bankjoy to deliver a world-class online and mobile banking experience for its account holders. Also Read: Global Fintech Interview with JB Orecchia, President and CEO of SavvyMoney “According to BAI Banking Strategies, consumers across generations would be willing to switch financial institutions for a better......
Censo Breaks Away from Traditional MPC to Secure Self Custody for Organizations
Fintech News

Censo Breaks Away from Traditional MPC to Secure Self Custody for Organizations

Business Wire
by Business Wire0
Censo, a pioneering FinTech company behind self-custody and private key management solutions, announced that it has developed a new technology that enables organizations to manage their digital assets. This is notably achieved through software that’s open source, audited, and trustless, making Censo not just secure, but rather, verifiably secure. Censo’s......
MCO to Acquire Fairwords
Fintech News

MCO to Acquire Fairwords

Business Wire
by Business Wire0
AI-Powered Communications Protection Software Becomes Part of MCO’s Global Compliance Offerings MyComplianceOffice (MCO), a leading provider of conduct risk and compliance technology, is pleased to announce the acquisition of Fairwords, a pioneer in AI-powered electronic communications software that simultaneously captures digital communications while proactively enforcing policy and can even train......
Discover Launches $36 million Fund Aimed to Improve Financial Health in Delaware
Fintech Investment Services News

Discover Launches $36 million Fund Aimed to Improve Financial Health in Delaware

Business Wire
by Business Wire0
Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses. Discover Bank has made an initial capital commitment of......
Momnt Named a Best Place to Work in Fintech by American Banker
Fintech News

Momnt Named a Best Place to Work in Fintech by American Banker

Business Wire
by Business Wire0
Momnt, a leading fintech company, has been named a Best Place to Work in Fintech by American Banker. The prestigious awards are a research-driven program from Best Companies Group that examines a company’s practices, programs, and benefits and surveys employees for their perspective. Also Read: Global Fintech Interview with JB Orecchia, President......
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