Category : Finance

Finance Fintech News

CFOs Say They Want Operational Experience and Familiarity With New Tech When Identifying Successors; GenAI Tops List of Internal Concerns: Deloitte CFO Signals™ Survey 2Q 2024

PR Newswire
by PR Newswire0
Just 26% of CFOs believe that now is a good time to take greater risks. CFOs consider neither debt nor equity financing attractive. CFOs’ optimism for their companies’ financial prospects came in at -0.5. Generative AI (GenAI) ranks as the top internal concern for CFOs, though talent and technology transformation......
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
by Art Mueller0
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
Banking Finance Fintech News

HCLTech and apoBank Deepen Partnership

Business Wire
by Business Wire0
HCLTech, a leading global technology company, today announced that Deutsche Apotheker- und Ärztebank eG (apoBank), Germany’s largest cooperative primary bank, has expanded its strategic partnership with HCLTech. HCLTech will accompany apoBank with an outcome-oriented managed services model that delivers resilient, scalable, high quality and compliant Digital Foundation services, enabling apoBank......
Banking Finance Fintech News

Mbanq Spearheads ASEAN Banking Technology and BaaS Expansion Together with IG Tech Cambodia

Business Wire
by Business Wire0
Strategic joint venture with IG Tech Cambodia brings Mbanq’s established digital banking technology and Banking-as-a-Service (BaaS) solutions to SE Asian markets. Mbanq, a global leader in Banking-as-a-Service (BaaS) and digital banking innovation has formed a strategic partnership with IG Tech Cambodia, a prominent FinTech and banking technology developer in SE......
Artificial Intelligence Finance Fintech News

Certa Brings Generative AI-Powered Third Party Management to Enterprises

Business Wire
by Business Wire0
Innovative Generative AI Capabilities and New ESG Modules Enable Businesses to Efficiently Navigate Evolving Regulations and Risks in Third Party Relationships Certa, the leading software platform for enterprises to manage risk, compliance, and ESG for their third parties like vendors, partners, and clients, today announced that its trailblazing generative AI......
Finance Fintech News

FinQuery Unveils Automated Catch-Up Lease Actions for Streamlined Accounting

Business Wire
by Business Wire0
Latest lease functionality ensures financial data remains up-to-date, accurate, and compliant, regardless of when the lease information is recorded. In an innovative step forward for lease accounting, FinQuery, formerly LeaseQuery, announces the launch of its first-to-market automated catch-up functionality, revolutionizing the way accountants handle lease changes. This latest feature introduces......
Finance Fintech News

Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status

Business Wire
by Business Wire0
Galileo Consumer Banking Report by Datos Insights uncovers the latest consumer banking behaviors and preferences 85% of consumers say they have positive experiences with their primary financial institution (FI), yet they’re using as many tools or services with other financial providers as they are with their primary FI, according to......
Finance Fintech News

AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems

GlobeNewswire
by GlobeNewswire0
Over two hundred community banks represented by FISB to receive the latest neobank technologies AppTech Payments Corp., a pioneering Fintech company powering frictionless commerce, announces today a strategic partnership with FISB Solutions (“FISB”) whereby the Company will update the legacy core banking systems represented by FISB with the latest neobank......
Finance Fintech News

Vestmark and PureFacts Announce Partnership to Transform Wealth and Investment Management Billing at Scale

PR Newswire
by PR Newswire0
Billing identified as key to wealth management firm growth Partnership to boost offerings that deploy best-in-class wealth technology Vestmark, Inc., a leading provider of wealth management software and services, and PureFacts Financial Solutions, a global leader in revenue management, enterprise reporting, and insights solutions for the asset and wealth management......
Artificial Intelligence Blockchain Digital Payments Digital Wallet Featured Finance Fintech Security

Impact of GDPR and CCPA on RegTech

Prajakta Ayade
by Prajakta Ayade0
Data privacy regulations have significantly impacted the way businesses operate globally. Two prominent regulations, the General Data Protection Regulation (GDPR) implemented in the European Union (EU) in 2018 and the California Consumer Privacy Act (CCPA) enacted in California, USA in 2018, have fundamentally changed how organizations handle personal data. These......
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