Category : Finance

Finance Fintech News

Trintech and PRYZM Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes

PR Newswire
PRYZM to refer and implement Trintech’s market-leading cloud-based finance and accounting solutions Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced a strategic partnership with PRYZM, a leading consultancy specializing in Finance Transformation and Enterprise Performance Management (EPM) solutions. The partnership enables......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Digital Payments Finance Fintech News

New West Technologies Announces Launch of StripePay for Microsoft Dynamics 365

PR Newswire
New West Technologies Inc., a leading innovator in the payment integration space, is proud to announce the launch of StripePay for Microsoft Dynamics 365. This cutting-edge solution leverages Stripe’s world-renowned Payment Intents API, offering a powerful, scalable, and secure payment connector for businesses operating on the Dynamics 365 platform, including Commerce F&O,......
Artificial Intelligence Finance Fintech News

AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks

PR Newswire
To help businesses manage risks arising from developing their own Generative AI (Gen AI) models, AXA XL unveiled new coverage, available by endorsement, to its cyber insurance coverage globally, extending coverage to address specific Gen AI risks. According to Michael Colao, AXA XL’s Global Chief Underwriting Officer, Cyber, “Looking to improve efficiency, improve......
Finance Fintech Lending News

YouLend Announces 3-Year Financing Facility with Castlelake to Fund US SMBs, Expanding US Financing Capacity Potential to $1 Billion

PR Newswire
USD financing from funds managed by Castlelake will enable YouLend to expand and grow its origination plans for the next three years. To date, YouLend has funded more than 200,000 small and medium-sized businesses (SMBs) globally. Castlelake’s previous financing investments have enabled YouLend to provide over $1.3bn of SMB financings across the UK......
Blockchain DeFi Finance Fintech News

Glue Network Bridges Bitcoin to DeFi with Avalanche’s BTC.b Integration

Business Wire
Glue Network, a user-centric blockchain ecosystem dedicated to making decentralized finance accessible to all, today announced the integration of Avalanche’s BTC.b as its default Bitcoin representation. This integration, utilizing LayerZero’s Omnichain Fungible Token (OFT) standard, aims to enhance Bitcoin liquidity and provide users with seamless access to Bitcoin-pegged assets within......
Finance Fintech News

OneVest Launches Cutting-Edge Wealth Management Technology Platform in the U.S. Market, Delivering Unparalleled Configurability

Business Wire
OneVest, a leader in wealth management technology, today announced the launch of its platform capabilities in the United States. The company’s highly configurable platform is designed to empower financial institutions by enabling them to easily tailor and scale their wealth management services, ensuring a more personalized and efficient client experience.......
Finance Fintech News Robotic Process Automation

Avalara Enhances Tax Automation on Purchases with AvaTax for Accounts Payable

PR Newswire
AvaTax capabilities expanded further deepening tax compliance automation for customers worldwide Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, today announced expanded capabilities of AvaTax with AvaTax for Accounts Payable. The enhancement provides a comprehensive solution built into AvaTax that is designed to......
Cloud Digital Payments Featured Finance Fintech Risk Management Robotic Process Automation Security

Impact of PCI DSS 4.0 on Cloud Infrastructure Security for Financial Services

Fintech Staff Writer
The introduction of PCI DSS 4.0 marks a significant update in the Payment Card Industry Data Security Standard (PCI DSS), which aims to enhance payment card data protection and address evolving security threats. For financial services organizations that heavily utilize cloud infrastructure, PCI DSS 4.0 brings new requirements and changes......
Banking Finance Fintech News

Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Business Wire
Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at......
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