Month : April 2025

Finastra launches Transformation Service to support multiple messaging standards, including ISO 20022
Finance Fintech News

Finastra launches Transformation Service to support multiple messaging standards, including ISO 20022

PR Newswire
by PR Newswire0
Seamless message format translation embedded as a microservice within the Finastra Financial Messaging platform, with value-added overlay services for Swift CBPR+ Finastra, a global provider of financial software applications, today announced the launch of its Transformation Service, supporting the translation of MT formatted messages to the new ISO 20022 MX......
Banking Finance Fintech Guest Posts Risk Management Security

The Fintech-Banking Fusion: Navigating Risks and Opportunities

Will Hamory
by Will Hamory0
The Fintech-Banking Fusion: Reshaping the Financial Ecosystem Hybrid financial companies blend fintech’s agility with banking’s traditional services — the best of both worlds. Fintech firms are moving past basic offerings like payments, stepping into areas once owned by banks, including deposits, lending, and wealth advice. This shift is driven by......
VSoft Ushers In New Era: Modernizing Core Banking with API-First, Real-Time Solutions for Financial Institutions
Finance Fintech News

VSoft Ushers In New Era: Modernizing Core Banking with API-First, Real-Time Solutions for Financial Institutions

Business Wire
by Business Wire0
VSoft Corporation, a trusted provider of technology solutions for nearly three decades, is ushering in a new era of innovation, focused on modernizing core banking with API-first, real-time solutions for banks and credit unions. Under the leadership of Abhishek Veeraghanta, President of VSoft, the company is focused on delivering cutting-edge core......
Square Expands Banking Services to Give Sellers Better Control of Their Cash Flow
Banking Fintech News

Square Expands Banking Services to Give Sellers Better Control of Their Cash Flow

Business Wire
by Business Wire0
Square’s latest checking and savings account tools empower busy sellers to access their funds instantly, budget smarter, and secure loans faster – all in one place Sellers spent $3.6 billion via debit cards connected to Square Checking in 2024, a 29 percent increase from 2023 Square announced new Square Banking......
Black Dragon Capital Partners with Canvas Credit Union to Explore Innovative Technologies for Fintech
Finance Fintech Investments News

Black Dragon Capital Partners with Canvas Credit Union to Explore Innovative Technologies for Fintech

PR Newswire
by PR Newswire0
Collaboration with innovative credit union and top performing investment group aimed at creating sustainable technologies to make credit unions more competitive in serving their community Black Dragon Capital, a multi-phased investment firm that is led by recognized leaders in financial technology and credit unions who understand the unique needs of......
AQM Technologies Acquires TRaiCE, Bringing AI-Powered Risk Monitoring to U.S. Banks
Artificial Intelligence Finance Fintech News

AQM Technologies Acquires TRaiCE, Bringing AI-Powered Risk Monitoring to U.S. Banks

PR Newswire
by PR Newswire0
AQM Technologies, a global leader in quality assurance, cybersecurity audits, and software testing for financial institutions, today announced it has entered into a definitive agreement to acquire TRaiCE, a U.S.-based innovator in AI-driven business risk monitoring solutions. This strategic acquisition strengthens AQM’s commitment to helping banks embrace next-generation technology for......
Geoswift Launches Visa Direct to Enhance Cross-Border Payment Offers in Over 30 Countries
Digital Payments Finance Fintech News

Geoswift Launches Visa Direct to Enhance Cross-Border Payment Offers in Over 30 Countries

Business Wire
by Business Wire0
Geoswift announced today the integration of Visa Direct with Geoswift’s cross-border payments platform. Visa Direct facilitates payouts to more than 140 countries and territories. The integration will enable payouts in 32 countries and territories, across 13 currencies, covering major markets in Asia Pacific, North America, Europe and Middle East, with......
Xceedance Partners with FurtherAI to Bring Advanced AI Assistants to Insurance Enterprises
Artificial Intelligence Finance Fintech News

Xceedance Partners with FurtherAI to Bring Advanced AI Assistants to Insurance Enterprises

Somesh Utkar
by Somesh Utkar0
Collaboration will accelerate the adoption of AI-driven automation across underwriting, compliance, and claims workflows Xceedance, a global provider of insurance-focused consulting, technology, operations, and data solutions, has announced a strategic partnership with FurtherAI, a fast-growing company developing AI Assistants purpose-built for commercial insurance. Together, the two firms will help insurers......
Backbase launches world’s first AI-powered Banking Platform, putting banks back in Growth Mode
Artificial Intelligence Banking Finance Fintech News

Backbase launches world’s first AI-powered Banking Platform, putting banks back in Growth Mode

Somesh Utkar
by Somesh Utkar0
Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growth Today, Backbase announces a major industry shift: the launch of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024. Momentum......
New Relic Report Reveals High-Business Impact Outages Cost Financial Services and Insurance Sectors $2.2 Million Per Hour
Artificial Intelligence Finance Fintech News

New Relic Report Reveals High-Business Impact Outages Cost Financial Services and Insurance Sectors $2.2 Million Per Hour

Business Wire
by Business Wire0
Nearly half (48%) of respondents experience high-business-impact outages at least weekly Over 40% of respondents report that AI is a central driver for adopting observability New Relic, the Intelligent Observability company, published its State of Observability for Financial Services and Insurance report, which offers insights into the adoption and business......
1