Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024

Business Wire
by Business Wire0
New report highlights growing risks in banking supply chains amid increasing third-party reliance SecurityScorecard today released an in-depth analysis revealing that 97% of the top 100 U.S. banks experienced a third-party data breach in the past year, exposing significant vulnerabilities in banking supply chains. As banks increasingly rely on third-party vendors......

XTM Announces Proposed $10 Million Investment by Pateno Payments

Business Wire
by Business Wire0
XTM Inc, a fintech company specializing in innovative payment solutions including Earned Wage Access (EWA) through its AnyDay™ platform, announced the execution on December 11, 2024 of an arms-length, non-binding Letter of Intent with Pateno Payments Inc. (“Pateno”) for the acquisition by Pateno of 51% of the equity of the......

Jiko Secures $29 Million in Series C Funding, Strengthens Its Board and Advisory Committee

Business Wire
by Business Wire0
Committed to powering the world’s liquidity with its unique T-bill platform, Jiko announces new additions to its corporate board and unveils the formation of its distinguished advisory committee. Jiko, the technology platform and bank that provides seamless access to U.S. Treasury bills, announced today the completion of a $29 million......

intelliflo redblack Delivers 110+ Customer-Driven Rebalancing and Trading Product Enhancements to Improve Advisor Efficiencies and Client Outcomes

Business Wire
by Business Wire0
intelliflo, the global cloud-based technology solution for financial advisors, today announced that it has delivered more than 110 enhancements in the past year to intelliflo redblack, the company’s award-winning rebalancing and trading solution. Approximately 75% of these enhancements stemmed directly from customer feedback, highlighting intelliflo’s commitment to shaping its technology in......

Mesh Payments Teams Up with SoFi Bank and Galileo to Drive Innovation In Travel and Expense Management

Business Wire
by Business Wire0
SoFi Bank’s relationship with Galileo strengthens Mesh Payments’ drive to reduce inefficiencies and accelerate the development of new products This partnership integrates Mesh Payments’ next-generation expense and card infrastructure with SoFi Bank’s scalable financial framework and Galileo’s modern, customizable API-based payments processing platform. By uniting these capabilities within a single......

Nearly 8 in 10 Financial Services Firms View AI as Critical to Industry’s Success, Finds New Report from Smarsh

Business Wire
by Business Wire0
Recent Smarsh compliance industry survey reveals a thoughtful approach to AI adoption, with AI governance and risk management use cases topping financial firms’ priorities for 2025 Today, Smarsh, the global leader in communications data and intelligence, published the results of its 2025 Communications Compliance Survey, revealing financial services firms’ top......

Pega Accelerates Resolution of Payment Exceptions and Investigations with New Edition of Pega Smart Investigate

Business Wire
by Business Wire0
Expanded AI-powered automation helps banks resolve payment exceptions faster while reducing operational costs Pegasystems Inc., The Enterprise Transformation Company™, today announced a new edition of Pega Smart Investigate™, including expanded automation and generative AI capabilities to help banks process payment exceptions and investigations faster and more efficiently. With a dramatically......

Wolters Kluwer Launches New Teammate+ Capabilities to Enhance Internal Audit Efficiency and Data Quality

Business Wire
by Business Wire0
Wolters Kluwer, a global leader in professional information, software solutions, and services, has announced two significant enhancements to its TeamMate+ audit management platform: Multi-Year Audit Planning and the Business Rules Engine. The new capabilities will enable internal audit teams to streamline planning, improve data accuracy, and enhance governance. “These new features reinforce Wolters......

Patra Announces New Suite of AI-Powered Services to Automate the Insurance Industry

Business Wire
by Business Wire0
New solutions improve profitability, scalability and customer satisfaction for agents, brokers, wholesalers, and MGAs Patra, a leading provider of technology-enabled insurance outsourcing and software services, today announced the launch of Patra AI, a suite of AI-powered document automation services designed for insurance organizations looking to increase revenue growth and profitability,......

MANTL Expands Platform to Create All-in-One Solution for Deposit and Loan Origination

Business Wire
by Business Wire0
MANTL Loan Origination will offer a unified experience across deposit and loan operations to supercharge consumer and business loan growth and modernize relationship banking MANTL, a leading provider of account origination solutions, today announced the expansion of its account origination platform to support business and consumer loans. By creating one......
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