Month : June 2024

Pagaya to Offer More Installment Financing Solutions for Banks and Merchants Through Mastercard Engage Program
Fintech News

Pagaya to Offer More Installment Financing Solutions for Banks and Merchants Through Mastercard Engage Program

Business Wire
by Business Wire0
Pagaya selected for Engage program to enable more banks and fintech partners to deliver real-time installment loans for more customers in fast-growing point-of-sale space Pagaya Technologies Ltd. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced it is joining the Mastercard Engage program. The Mastercard Engage......
Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats
Artificial Intelligence Finance Fintech News

Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats

Business Wire
by Business Wire0
Survey further reveals 42% of financial institutions that experienced API-related data breaches attribute the attacks to fraud, abuse, and misuse; majority (82%) concerned about regulatory compliance Traceable AI, the industry’s leading API security company, today released an in-depth report exposing the state of API security in the financial services industry.......
B2Broker Releases Cutting-Edge Copy Trading Platform, Disrupting the Industry
B2B Finance Fintech News Trading

B2Broker Releases Cutting-Edge Copy Trading Platform, Disrupting the Industry

Business Wire
by Business Wire0
The Insight Partners report predicts that the copy trading market will grow from $2.2 billion to $4 billion by the end of this decade. This trend highlights a significant opportunity for brokers to adopt advanced copy trading platforms that fulfil trader expectations. Client feedback is central to B2Broker’s offerings. Consequently, the......
Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the Middle East
Banking Digital Payments News

Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the Middle East

Business Wire
by Business Wire0
The collaboration reflects another important milestone for Citi’s 24/7 USD Clearing multibank solution for its bank clients globally Citi and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a collaboration to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle......
CFOs Say They Want Operational Experience and Familiarity With New Tech When Identifying Successors; GenAI Tops List of Internal Concerns Deloitte CFO Signals™ Survey 2Q 2024
Finance Fintech News

CFOs Say They Want Operational Experience and Familiarity With New Tech When Identifying Successors; GenAI Tops List of Internal Concerns: Deloitte CFO Signals™ Survey 2Q 2024

PR Newswire
by PR Newswire0
Just 26% of CFOs believe that now is a good time to take greater risks. CFOs consider neither debt nor equity financing attractive. CFOs’ optimism for their companies’ financial prospects came in at -0.5. Generative AI (GenAI) ranks as the top internal concern for CFOs, though talent and technology transformation......
Dash Solutions and Visa Collaborate to Deliver Real-time Money Movement
Digital Payments Digital Wallet News

Dash Solutions and Visa Collaborate to Deliver Real-time Money Movement

Business Wire
by Business Wire0
Dash leverages Visa Direct’s capabilities for real-time1 payments, boosting customer experience and revenue potential for businesses and institutions Dash Solutions, a leading payments enabler that empowers thousands of corporate customers with digital payment and engagement tools, announced an expansion of its strategic collaboration with Visa, a world leader in digital payments.......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
by Art Mueller0
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
Mad Mobile Secures $50 Million in Funding from Morgan Stanley Expansion Capital and Bridge Bank
Digital Payments News

Mad Mobile Secures $50 Million in Funding from Morgan Stanley Expansion Capital and Bridge Bank

PR Newswire
by PR Newswire0
Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, is pleased to announce the closure of a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the expansion of its SaaS and payment technologies, refinance......
New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds
Artificial Intelligence Fintech News

New AI Copilot Plugin Is a Breakthrough for Financial Institutions, Transforming Existing, Siloed Systems in Seconds

PR Newswire
by PR Newswire0
Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions. This system-agnostic plugin acts as a central copilot compatible with all web-based enterprise applications, pulling data from Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents. The new plugin enhances Lucinity’s AI......
HCLTech and apoBank Deepen Partnership
Banking Finance Fintech News

HCLTech and apoBank Deepen Partnership

Business Wire
by Business Wire0
HCLTech, a leading global technology company, today announced that Deutsche Apotheker- und Ärztebank eG (apoBank), Germany’s largest cooperative primary bank, has expanded its strategic partnership with HCLTech. HCLTech will accompany apoBank with an outcome-oriented managed services model that delivers resilient, scalable, high quality and compliant Digital Foundation services, enabling apoBank......
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