Month : August 2023

DataVisor Releases New Fraud Solution to Address Real-Time Payments Fraud
Digital Payments Machine Learning News

DataVisor Releases New Fraud Solution to Address Real-Time Payments Fraud

Business Wire
by Business Wire0
DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud as the FedNow Service expands instant payments options. DataVisor’s Real-Time Payments Fraud Solution leverages rich account life-cycle signals, advanced machine learning techniques and prebuilt rules that have been tested......
Cambridge Savings Bank’s Digital-Only Ivy Bank Surpasses $530 Million in Deposits Two Years After Launch
Banking News

Cambridge Savings Bank’s Digital-Only Ivy Bank Surpasses $530 Million in Deposits Two Years After Launch

Business Wire
by Business Wire0
Tech-forward, customer-centric bank celebrates robust growth Cambridge Savings Bank (CSB), a nearly two-century-old, full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that after two years in business its digital banking division, Ivy Bank, has exceeded $530 million in deposits and added over 6,600 customers......
Qraft Technologies and Hex Trust Announce Strategic Partnership to Apply AI-Powered Risk Models
Digital Asset Management News

Qraft Technologies and Hex Trust Announce Strategic Partnership to Apply AI-Powered Risk Models

Business Wire
by Business Wire0
Qraft Technologies, a leading invest-tech company specializing in artificial intelligence investing solutions, has formally entered into a strategic partnership with Hex Trust, the leading institutional-grade digital asset custodian licensed across global financial hubs. With the signing of the Memorandum of Understanding (“MoU”), Qraft will develop digital asset products based on......
MPOWER Financing Completes B Corporation Certification
Finance Fintech News

MPOWER Financing Completes B Corporation Certification

PR Newswire
by PR Newswire0
This milestone reflects MPOWER’s continued commitment to socio-economic mobility for bright minds across the globe MPOWER Financing, a mission-driven fintech firm and a leading provider of scholarships and no-cosigner loans to promising students from around the world, announced that it has completed a 2-year process to become a Certified B......
Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending
Lending News

Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending

Business Wire
by Business Wire0
Farmers Insurance Federal Credit Union (FIGFCU), the credit union serving predominantly members of the Farmers Insurance community, announced its partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to consumers across the country. “Farmers Insurance Federal Credit Union is committed to help more people live......
Param Accelerates European Expansion With Twisto Acquisition
B2B Digital Payments Fintech News

Param Accelerates European Expansion With Twisto Acquisition

Business Wire
by Business Wire0
Param focuses on B2B2X – B2B to any end user – in Turkey and plans to introduce its comprehensive products to Europe enabling Twisto to broaden its product suite, attract more customers, and unlock additional sources of revenues by serving B2B2X across the markets as well Param, Turkey’s biggest FinTech,......
FiveBy and Worldline Offer Solutions to Reduce Global Ecommerce Payment Fraud
Commerce News

FiveBy and Worldline Offer Solutions to Reduce Global Ecommerce Payment Fraud

Business Wire
by Business Wire0
Globally, digital commerce fraud is expected to surpass $48 billion in 2023. According to a recent report, every one dollar in fraud experienced by a company will cost that company $3 in recovery and expenses. Worldline and FiveBy are working together to provide payment processing and consultative services to implement......
Sandbox Banking and Five9 Announce Expansion of Partnership
Banking Fintech News

Sandbox Banking and Five9 Announce Expansion of Partnership

PR Newswire
by PR Newswire0
Sandbox Banking seamlessly connects customer experience systems to fintechs via its Glyue API builder Sandbox Banking, who is accelerating digital transformation for banks and credit unions and is a preferred interoperability layer connecting banking software and systems to fintech platforms through Glyue, the iPaaS banking integration and automation solution, announced......
Data Intelligence Startup Caden Raises $15 Million Series A
Fintech Funding Investment Services News

Data Intelligence Startup Caden Raises $15 Million Series A

Fintech News Desk
by Fintech News Desk0
The funding will accelerate the development and go-to-market of Caden’s innovative data AI platform Data intelligence company Caden has announced a $15 million Series A round led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others. Caden has......
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