Search Results for: financial sector

Financial Sector Significantly Outpaces Other Industries in Pay Transparency Revolution
Fintech News

Financial Sector Significantly Outpaces Other Industries in Pay Transparency Revolution

PR Newswire
New Syndio analysis shows financial firms are 54% more likely to disclose pay equity analyses compared to other industries Syndio, the world’s leading workplace equity platform, is reporting a significant shift in the financial services sector’s commitment to workplace equity. A new Syndio analysis highlights that financial services companies are......
Fintech Guest Posts Security

Strengthening the Financial Sector Through Authentication and Regulation

Frederik Mennes
At the beginning of 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published a report quantifying the impact of weak identity solutions on our financial system. This is the first time a federal agency has made an effort to quantify the impact of compromised credentials on the US......
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
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.......
Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players
Fintech News

Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players

PR Newswire
With more than two hundred driverless logistical vehicles running in designated parks in Beijing, Yu Enyuan, CEO of Neolix, a start-up specializing in making these vehicles, expressed gratitude for the burgeoning business when looking at a huge screen which vividly displayed the busy scene in Neolix’s exhibition room in southeastern Beijing’s Yizhuang area.......
Artificial Intelligence Featured Finance Fintech Primers Machine Learning Technology

5 Amazing Examples Of AI And ML In The Financial Sector

Pooja Choudhary
“What used to take months or years has been reduced to days or weeks,” – Frank Fallon, VP, financial services at AWS Introduction The financial services industry has traditionally been a data production powerhouse, from stock trades to credit card purchases. Many banks and other financial institutions today use AI......
Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security
Finance News

Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security

Business Wire
Serving 19 of the top 20 US based financial institutions, Convergint completes approximately 270,000 service requests in 2022 Convergint, a global leader in service-based systems integration, announced that its financial sector business achieved significant growth throughout 2022/2023. To meet customer demand, nearly 200 new technical colleagues were added to the......
15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
Digital Finance News

UST Acquires Prodigy Labs, Enhancing Its Ability To Drive Digital Transformation in the Financial Sector in Canada

Fintech News Desk
UST, a leading digital transformation solutions company, has acquired TCB Corporation, a Canadian technology service company that operates under the name of Prodigy Labs, as part of a deal with Prodigy Ventures Inc. (TSXV: PGV) that will be worth up to CAD12.5 million. A leading provider of innovative technology solutions, Prodigy Labs plays an active role helping financial......
Artificial Intelligence Featured Finance

Financial Sector And AI Solutions

Pooja Choudhary
With continued pressure to remain innovative, the financial services sector is heading towards cloud-based platforms and AI solutions to provide the best services for its clients. Computer-based intelligence continuously upgrades the capacity to use huge volumes of data for business exercises. This wave of innovation is based on hyper-personalization and......
Leading Mission-Driven Organizations Launch Momentus Capital to Transform How The Financial Sector Helps Entrepreneurs and Communities Thrive
Finance News

Leading Mission-Driven Organizations Launch Momentus Capital to Transform How The Financial Sector Helps Entrepreneurs and Communities Thrive

Fintech News Desk
Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies bring more than 80 years of combined small business and community development experience to the Momentus Capital family of organizations. The financial sector can play a greater role in helping build inclusive and equitable communities by providing people with......
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