Category : Banking

Banking Fintech News

XDuce Group of Companies Acquires SANS

Fintech News Desk
by Fintech News Desk0
XDuce Inc., a global software development, system integration and staffing services provider, is pleased to announce the acquisition of a majority stake in SANS Consulting. SANS is a New York-based IT staffing services specialist in Banking and Financial Services. The SANS acquisition will further strengthen XDuce’s footprint and ability to provide IT services to......
Banking Business News

New doxoINSIGHTS Report: U.S. Households Pay $577 a Year in Hidden Bill Pay Costs

Fintech News Desk
by Fintech News Desk0
Latest doxoINSIGHTS data exposes the hidden bill pay costs that damage household financial health and amount to over $74B in annual consumer expenses doxo, the innovative web and mobile bill pay service, today released its newest doxoINSIGHTS statistical report: The Hidden Costs of Bill Pay. Each year U.S. households spend over......
Banking Fintech News

BMO Harris Bank earns a 100 on 2020 Disability Equality Index and named among Best Places to Work for Disability Inclusion

Fintech News Desk
by Fintech News Desk0
For the fifth consecutive year, BMO Harris Bank has received a score of 100 on the Disability Equality Index (DEI) and was named among the Best Places to Work for Disability Inclusion. This is the fifth consecutive year that the bank has been named one of the Best Places to......
Banking Fintech News

Barclays Appoints Craig Stine as Vice Chairman, Global Financial Institutions Group (FIG) Banking

Fintech News Desk
by Fintech News Desk0
Barclays announces the appointment of Craig Stine as Vice Chairman, Global Financial Institutions Group (FIG) Banking. Mr. Stine will be based in New York, and will report to Tim Main, Global Head of FIG Banking at Barclays. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen......
Banking Fintech News

Fifth Third Bank Named a Best Place to Work for Disability Inclusion

Fintech News Desk
by Fintech News Desk0
Bank scores a 90% on Disability Equality Index Fifth Third Bank, National Association, has been named for the first time one of the best places to work for people with disabilities as part of the 2020 Disability Equality Index (DEI), the nation’s most comprehensive benchmarking tool for disability inclusion. The......
Banking Fintech News

STRAX: STRAX AB Secures MEUR 30 Financing Through Proventus Capital Partners

Fintech News Desk
by Fintech News Desk0
For the last five years a bank consortium consisting of four German banks have provided the majority of the long-term interest-bearing financing for the STRAX Group. The current financing facility matures in October 2020 and as a result STRAX has evaluated several financing alternatives in the last 6-9 months. Read More: Banks......
Banking Fintech News

MX Announces Money Experience Summit 2020

Fintech News Desk
by Fintech News Desk0
MX, the leading financial data platform helping organizations harmonize the money experience, announced Money Experience Summit 2020, an exclusive, two-day online event for leaders in the banking and fintech industry to be held Sept. 1-2, 2020. The first-annual event will feature four inspiring keynote speakers, 30+ breakout sessions from industry......
Banking Fintech Investment Services News

Bond Raises $32M Series A

Fintech News Desk
by Fintech News Desk0
Bond Financial Technologies, Inc., a company building an enterprise-grade financial technology platform, announced it has raised a $32M Series A to connect digital brands to banking partners without the friction that has beset early movers in fintech. Coatue led the investment round, with participation from existing seed investor Canaan and new strategic......
Artificial Intelligence Banking Fintech News Risk Management

Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos

Fintech News Desk
by Fintech News Desk0
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance......
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