Category : Banking

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Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Digital Payments Fintech News

Visa Introduces the Visa Tokenized Asset Platform

Business Wire
by Business Wire0
Visa Tokenized Asset Platform (VTAP) is a new product that helps banks issue fiat-backed tokens. BBVA will use VTAP to create tokens on the public Ethereum blockchain with expected live pilots in 2025. Visa, a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through......
Cryptocurrency Digital Payments News

Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Business Wire
by Business Wire0
Ripple’s enhanced end-to-end payments solution is now available in first Latin America market Ripple, the leading provider of digital asset infrastructure, announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which enables......
Banking Fintech News

PNC Bank Launches Akoya Integration for PINACLE Connect to Provide More Secure, Transparent Data Access for Corporate Clients

PR Newswire
by PR Newswire0
PNC Bank and Akoya announced the expansion of their existing integration to support corporate data sharing through the Akoya data access network. This feature enhances the ability of corporate clients to securely share their financial data with third parties, including fintechs and data aggregators, that power platforms they use to......
Digital Payments Finance Fintech News Security

Sonovate partners with Alloy to combat evolving fraud trends as company grows

PR Newswire
by PR Newswire0
Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced that it is implementing Alloy’s identity risk solution to better prevent fraud while also fueling growth. Alloy helps solve the identity risk problem for companies that offer financial products by enabling them to outpace fraud and......
Banking Digital Asset Management Digital Payments Featured Finance Fintech Security

How is New-age Fintech Transforming SMB Banking and Cash Flow Management?

Prajakta Ayade
by Prajakta Ayade0
FinTech is fundamentally transforming the way small and medium-sized businesses (SMBs) manage their banking and cash flow. Traditional banking systems often fall short in catering to the unique financial needs of SMBs, such as managing limited resources, fluctuating incomes, and navigating complex regional and regulatory requirements. FinTech companies, with their......
Digital Payments News Payment gateways

Transcard Expands Payment Orchestration Solutions Globally

Cision PRWeb
by Cision PRWeb0
Transcard’s robust payment technology platform has been enhanced to support global payments across multiple currencies, configurable language packs, and domiciled data capabilities. Built to streamline global financial operations, Transcard’s SMART Suite payment solutions are designed to meet GDPR and PSD2 compliance requirements. Leveraging open banking with a growing list of......
Banking Fintech News

Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders

Business Wire
by Business Wire0
Digital banking solutions provider Tyfone announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders. “By integrating FinGoal into our platform, we’re equipping our clients with powerful tools like transaction cleansing and categorization and clear merchant logos. This partnership empowers financial institutions......
Digital Payments Fintech News

Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa

GlobeNewswire
by GlobeNewswire0
Lesaka Technologies, announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s......
Banking Finance Fintech News

Signzy Partners with Asapp Financial Technology to Revolutionize Digital Onboarding In Canada’s Banking Industry

EIN Presswire
by EIN Presswire0
Signzy, a market leader in digital banking compliance solutions, is thrilled to announce a strategic partnership with ASAPP Financial Technology, Canada’s most complete omnichannel experience platform. ASAPP will incorporate Signzy’s One Touch KYC solution to elevate its digital onboarding services as part of the upcoming Version 20 release in December. This......
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