Month : November 2023

BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking
Finance Fintech News

BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking

Business Wire
by Business Wire0
BMA will now offer Bankjoy’s end-to-end digital banking platform to its financial institution clients BMA Banking Systems, a provider of core banking software and services to independent-minded community financial institutions, has selected Bankjoy, a leading digital banking provider as a preferred partner for online and mobile banking. Through the partnership, BMA’s......
Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages
Fintech News

Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages

Business Wire
by Business Wire0
Array, a leading financial innovation platform, announced that it won a lawsuit filed by competitor ConsumerDirect. Last Wednesday, a jury in federal court in Santa Ana, California delivered a unanimous verdict in favor of Array. The jury rejected all of ConsumerDirect’s claims and awarded Array $1.3 million in economic damages......
Paysafe Offers Network Tokenisation Service for Merchants with Visa
Fintech News

Paysafe Offers Network Tokenisation Service for Merchants with Visa

Business Wire
by Business Wire0
Paysafe and Visa extend relationship to integrate Visa Network Tokens for greater online payment security in Europe Paysafe, a leading payments platform, announces the extension of its collaboration with Visa, a world leader in digital payments, to integrate Visa Network Tokens, as an alternative to primary credit and debit card......
Uber Announces Proposed $1.2 Billion Convertible Senior Notes Offering
Banking Fintech News

Uber Announces Proposed $1.2 Billion Convertible Senior Notes Offering

Business Wire
by Business Wire0
Uber Technologies, Inc. today announced that it proposes to offer $1.2 billion aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under......
CoinShares Secures Strategic Option to Acquire Valkyrie Funds
Fintech News

CoinShares Secures Strategic Option to Acquire Valkyrie Funds

PR Newswire
by PR Newswire0
This option to acquire is the latest step in CoinShares’ U.S. expansion, following the launch of Hedge Fund Solutions in September 2023. CoinShares has also entered into a brand licensing agreement for Valkyrie’s products notably its pending Bitcoin spot ETF. Valkyrie will continue to operate as an independent entity until CoinShares decides to exercise......
Patronus AI Launches Industry-first LLM Benchmark for Finance to Address Hallucinations
Artificial Intelligence Fintech News

Patronus AI Launches Industry-first LLM Benchmark for Finance to Address Hallucinations

PR Newswire
by PR Newswire0
Model evaluation shows state-of-the-art systems fail spectacularly on finance-related questions Patronus AI today launched “FinanceBench”, the industry’s first benchmark for testing how LLMs perform on financial questions. Developed by AI researchers at Patronus AI and 15 financial industry domain experts, FinanceBench is a high quality, large-scale set of 10,000 question and......
Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023
Finance Fintech News

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023

PR Newswire
by PR Newswire0
The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business Wealthfront, a leading consumer fintech and pioneer of the robo-advisor industry, is proud to announce that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young......
Socure Launches the Industry's Most Accurate Synthetic Fraud Solution
Artificial Intelligence Fintech News

Socure Launches the Industry’s Most Accurate Synthetic Fraud Solution

PR Newswire
by PR Newswire0
Sigma Synthetic Fraud v4 Includes “Proof of Life” Data Sources, Adding a New Level of Accuracy that Stops the Fraud Before it Can Enter the Digital Economy Socure, the leading provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network......
GTCR to Acquire Cloudbreak Health
Fintech News

GTCR to Acquire Cloudbreak Health

PR Newswire
by PR Newswire0
Leading video-focused language interpretation service provider to become independent company GTCR, a leading private equity firm, announced that it has signed a definitive agreement to acquire Cloudbreak Health, LLC (“Cloudbreak” or “the Company”), a leading provider of tech-enabled, healthcare-focused language interpretation services, in a corporate carve-out transaction from UpHealth,. Under the......
Bitdeal Sets New Standards in Cryptocurrency Exchange
Cryptocurrency Fintech

Bitdeal Sets New Standards in Cryptocurrency Exchange

PR Newswire
by PR Newswire0
Bitdeal, a leading cryptocurrency exchange development company, is transforming the cryptocurrency trading industry by introducing innovative features and setting new standards in its crypto exchange development services. Bitdeal, one of the top cryptocurrency exchange development companies, is revolutionizing the landscape of the cryptocurrency trading industry by setting new standards and integrating uptrend features in its cryptocurrency......
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