Category : Fintech

Finance Fintech News

Layoffs Hit 50% of Finance Companies Surveyed; Also Facing Shortages in Fintech and AI Expertise

GlobeNewswire
by GlobeNewswire0
That being said, a majority of executives surveyed hold a positive view of AI, with 64% expressing optimism about the new technology To help executives understand, react, and adapt to the ongoing challenges within the finance industry, Fiverr has released a new report, Strategic Insights: Leveraging Freelance Talent in Finance.......
Finance Fintech News

SmartStream’s Advanced Payment Control Now Supports Multiple Payment Rails With Enhanced Exceptions Management

Business Wire
by Business Wire0
SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a significant upgrade to its Advanced Payment Control (APC) solution. This update further streamlines and optimises payment investigations by accommodating any number of disparate payment rails to improve resolution times and reduce costs in the era of instant payments.......
Artificial Intelligence Finance Fintech News

Tabs Launches Revenue Recognition To Further Expand AI-powered Billing and Financial Ops Platform

Business Wire
by Business Wire0
Tabs, an AI-powered billing and financial operations platform for B2B businesses, is today announcing the launch of its Revenue Recognition product, a powerful addition to its platform. This new module transforms the way businesses manage and recognize revenue, ensuring compliance with the latest accounting standards, and providing unparalleled accuracy and......
Finance Fintech

BlackRock Teams With GeoWealth to Offer Custom Models Featuring Simplified Access to Private Markets

Business Wire
by Business Wire0
Automated Custom Models to Enable Access to Private Markets, Direct Indexing and Fixed Income SMAs in Addition to ETFs and Mutual Funds in a Single Account BlackRock today announced a strategic partnership with financial technology firm GeoWealth expanding BlackRock’s capabilities to meet client needs in the $37 trillion U.S. wealth......
Artificial Intelligence Finance Fintech News

Magnifi now providing AI-powered investment intelligence on over $2B of linked self-directed assets

PR Newswire
by PR Newswire0
TIFIN’s AI Assistant has added several new capabilities for those who have linked their brokerage and other accounts, leading to strong growth in user adoption of this capability in its first year Magnifi by TIFIN, the AI-powered financial assistant for individual investors, has crossed a new milestone in providing individuals with real-time......
Fintech News

New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst

Business Wire
by Business Wire0
Half of UK consumers surveyed said they are “obsessed” with checking their banking apps and balances, according to new FIS research. Eight in 10 UK consumers are utilising financial apps – online banking and mobile wallets being the most common. Mobile banking is the top reason for respondents’ loyalty to......
Digital Asset Management Fintech News

Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital

PR Newswire
by PR Newswire0
Crossover to use proceeds to expand its role as the leading ECN in digital assets and bring 24/7 trading to additional asset classes Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding......
Artificial Intelligence Banking Finance Fintech News Security

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Pay by Bank: Will the US catch up to Europe?

Eric Shoykhet
by Eric Shoykhet0
One of the biggest differences in the way US and European consumers pay for goods and services is the credit card: Americans rely on their credit cards as a way of life, and European consumers do not. In fact, Europeans seem to have an aversion to credit cards. As a......
Fintech News

Eltropy Announces Key Enhancements to Unified Conversations Platform

EIN Presswire
by EIN Presswire0
Voice+ integration, Lobby Management, and Skill-based routing 2.0 enhance Eltropy’s platform, improving member interactions for credit unions & community banks Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), announced significant enhancements to its Unified Conversations Platform. These improvements include Voice+, a modern voice and contact center solution,......
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