Category : Banking

Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

AI-Powered Fraud Detection For Fintechs: Upskilling Security Teams with Advanced Machine Learning Tools

Fintech Staff Writer
by Fintech Staff Writer0
Financial technology, or FinTech, has come a long way since its inception in the 1990s when Citicorp pioneered the Financial Services Technology Consortium. While the term initially focused on collaboration between banks and tech firms, it wasn’t until the early 2000s—spurred by the rapid expansion of the internet—that FinTech evolved......
Digital Payments Finance Fintech News

Aurora Payments Appoints Embedded Commerce Leader John Badovinac

GlobeNewswire
by GlobeNewswire0
Badovinac joins Aurora to lead the expansion of embedded payments across software platforms, ISVs, and ecommerce channels Aurora Payments, a full-service payment technology provider, today announced the appointment of John Badovinac as Senior Vice President of Embedded Commerce. A proven leader in the payments space, Badovinac will oversee Aurora’s embedded......
Artificial Intelligence Digital Payments Finance Fintech News

Modern Treasury Announces the First AI Platform Purpose-Built for Payments

Business Wire
by Business Wire0
Customers like Alegeus, Parafin, and Settle use Modern Treasury’s AI to supercharge their payment operations, enabling teams to work smarter and faster. Modern Treasury, the leading payment operations platform for businesses, today introduced Modern Treasury AI to deliver the first AI Platform purpose-built for the unique demands of enterprise payments.......
Banking Finance Fintech News

IBM and the EY organization debut artificial intelligence-powered global tax compliance solutions

PR Newswire
by PR Newswire0
IBM’s technology coupled with the EY organization’s deep domain experience reimagines the role of artificial intelligence in the evolving tax compliance landscape IBM and the EY organization continue to build upon their multiyear alliance, today announcing the availability of EY.ai for tax, built with IBM watsonx. The alliance couples watsonx,......
Banking Finance Fintech News

Bottomline Breaks New Ground with Paymode for Digital Banking

GlobeNewswire
by GlobeNewswire0
Embedded access to Paymode enables banks to streamline payments, reduce risk, and create new revenue opportunities Bottomline, a global leader in business payments, has announced Paymode for Digital Banking. Paymode is Bottomline’s leading business payments network, processing over $450B annually. By embedding access to Paymode into its best-in-class commercial Digital Banking solution,......
Banking Finance Fintech Guest Posts Risk Management Security

The Fintech-Banking Fusion: Navigating Risks and Opportunities

Will Hamory
by Will Hamory0
The Fintech-Banking Fusion: Reshaping the Financial Ecosystem Hybrid financial companies blend fintech’s agility with banking’s traditional services — the best of both worlds. Fintech firms are moving past basic offerings like payments, stepping into areas once owned by banks, including deposits, lending, and wealth advice. This shift is driven by......
Banking Fintech News

Square Expands Banking Services to Give Sellers Better Control of Their Cash Flow

Business Wire
by Business Wire0
Square’s latest checking and savings account tools empower busy sellers to access their funds instantly, budget smarter, and secure loans faster – all in one place Sellers spent $3.6 billion via debit cards connected to Square Checking in 2024, a 29 percent increase from 2023 Square announced new Square Banking......
Digital Payments Finance Fintech News

Geoswift Launches Visa Direct to Enhance Cross-Border Payment Offers in Over 30 Countries

Business Wire
by Business Wire0
Geoswift announced today the integration of Visa Direct with Geoswift’s cross-border payments platform. Visa Direct facilitates payouts to more than 140 countries and territories. The integration will enable payouts in 32 countries and territories, across 13 currencies, covering major markets in Asia Pacific, North America, Europe and Middle East, with......
Artificial Intelligence Banking Finance Fintech News

Backbase launches world’s first AI-powered Banking Platform, putting banks back in Growth Mode

Somesh Utkar
by Somesh Utkar0
Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growth Today, Backbase announces a major industry shift: the launch of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024. Momentum......
Digital Payments Fintech News

Mastercard Unveils Agent Pay, Pioneering Agentic Payments Technology to Power Commerce in the Age of AI

Business Wire
by Business Wire0
Mastercard will work with Microsoft and other leading AI platforms to scale agentic commerce Mastercard: “Mastercard is transforming the way the world pays for the better by anticipating consumer needs on the horizon,” said Jorn Lambert, chief product officer at Mastercard. “The launch of Mastercard Agent Pay marks our initial......
1