Author : Somesh Utkar

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IBM Study: Gen AI Will Elevate Financial Performance of Banks in 2025

Somesh Utkar
by Somesh Utkar0
Initiatives are maturing from pilots and proofs of concept to targeted, enterprise-wide strategies IBM today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets. Key Insights Gen......

Corpay to Acquire Leading Brazilian Mobile Payments Company

Somesh Utkar
by Somesh Utkar0
Triples TAM, Accelerates Revenue Growth Corpay, Inc., a global S&P 500 corporate payments company, today announced it has signed definitive documents to acquire Gringo, a leading vehicle registration and compliance payment company in Brazil. Gringo is a super app for car drivers that makes life easier for millions of drivers......

Eltropy Acquires Lexop to Modernize Loan Repayment and Collections for Credit Unions and Community Banks

Somesh Utkar
by Somesh Utkar0
Eltropy, the leading AI-powered unified conversations platform for community financial institutions (CFIs) serving over 650 credit unions and community banks in North America, today announced the acquisition of Lexop, a leading collections technology provider. This strategic move aligns with three critical trends reshaping financial services: digital wallets (like Apple Pay),......

Concurrent Partners with TIFIN @Work to Elevate Workplace Financial Solutions

Somesh Utkar
by Somesh Utkar0
Combining Advisory Expertise and AI-Driven Insights to Deliver Real Financial Impact Concurrent, one of the fastest-growing RIA aggregators in the United States, has partnered with TIFIN @Work, an AI-powered workplace growth platform, to deliver a more focused and personalized approach to workplace financial solutions. The partnership combines TIFIN @Work’s AI-driven tools......

Paxos to Acquire Finnish E-Money Institution Membrane Finance

Somesh Utkar
by Somesh Utkar0
Will extend Paxos’ regulated platform into the EU and issue MiCA compliant stablecoins Paxos, the leading regulated blockchain and tokenization infrastructure platform, today announced it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon......

Crystal Partners with BitOasis to Enhance Compliance and Monitoring Capabilities of Leading Virtual Assets Trading Platform in MENA

Somesh Utkar
by Somesh Utkar0
Crystal Intelligence, a global leader in blockchain analytics, compliance, and risk monitoring, is thrilled to announce its strategic partnership with BitOasis, the largest regional virtual assets broker-dealer platform in the Middle East and North Africa. Crystal’s cutting-edge anti-money laundering (AML) and transaction monitoring solutions, and hyper-local approach to blockchain analytics will......

BriteCore Introduces Latest Core Software Innovations to Power Mid-Size Insurance Carriers

Somesh Utkar
by Somesh Utkar0
New Product Features Leverage Generative AI and Enhance User Experience to Drive Efficiency and Growth BriteCore, the leading provider of cloud-native core insurance solutions for property and casualty (P&C) carriers and MGAs, today announced the launch of several new product features designed to enhance its support for insurance carrier clients......

Exodus Launches Passkeys Wallet: A Seamless Solution for Web3 Onboarding and DApp Integration

Somesh Utkar
by Somesh Utkar0
Passkeys Wallet Empowers Developers by Redefining Crypto Wallet Integration for Increased Liquidity and Unlocks New Revenue Streams for Web2 Business Sectors Exodus Movement, Inc. proudly announces the launch of its latest innovation, Passkeys Wallet. With this seamless solution, users can create and fund their embedded wallet directly within the application......

Deluxe Hires John Rubinetti as New B2B Payments Leader

Somesh Utkar
by Somesh Utkar0
Former Fiserv executive brings deep expertise to drive growing business forward Deluxe, a modern Payments and Data Company, proudly announces the appointment of John Rubinetti as President of its B2B Payments business. Rubinetti brings a wealth of experience and a proven track record of driving growth and innovation in Treasury......
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