Search Results for: modernize processes

Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
by PR Newswire0
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
Chartis: SAS an AML Transaction Monitoring Solutions Leader
Analytics News

Chartis: SAS an AML Transaction Monitoring Solutions Leader

PR Newswire
by PR Newswire0
Advanced AI and machine learning methodology and risk mitigation across the customer life cycle demonstrate ‘SAS has established itself as a leader in transaction monitoring services’ Attesting to SAS’ “tremendous amount of institutional knowledge that varies across disciplines from fraud to compliance,” Chartis Research has named the AI and analytics giant a......
Temenos Launched End-To-End Temenos Enterprise Services on Temenos Banking Cloud
Banking News

Temenos Launches End-to-End SaaS Services for Retail, Business and Corporate Banking for Faster Time to Value

GlobeNewswire
by GlobeNewswire0
New Temenos Enterprise Services with over 120 pre-configured products, processes and 700 APIs now enable banks to drastically reduce modernization cost, complexity and risk and dramatically accelerate time to value Temenos launched end-to-end Temenos Enterprise Services on Temenos Banking Cloud to enable banks to deploy software solutions in just 24 hours......
Virtusa Signs Strategic Collaboration Agreement with AWS to Unveil New Generative AI and Data Lab to Maximize Impact of AI
Artificial Intelligence News

Virtusa Signs Strategic Collaboration Agreement with AWS to Unveil New Generative AI and Data Lab to Maximize Impact of AI

PR Newswire
by PR Newswire0
The Gen AI Lab will accelerate data and AI modernization and migration strategies to achieve a fully optimized architecture delivering data and insight-driven organizations. Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon......
The AI-Driven Banking Surge Info-Tech Releases New Research on the Future of Small and Midsize Institutions
Banking News

The AI-Driven Banking Surge: Info-Tech Releases New Research on the Future of Small and Midsize Institutions

PR Newswire
by PR Newswire0
Info-Tech Research Group’s latest findings highlight how AI’s transformative role in the banking industry will position banks for greater efficiency and service excellence through enhanced customer interactions and internal processes. In response to the rapid embrace of artificial intelligence (AI) and machine learning (ML) in the banking sector, especially with......
NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment
InsurTech News

NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment

PR Newswire
by PR Newswire0
NEXT will provide its products to Allstate customers, expanding its footprint to even more small businesses nationwide NEXT and Allstate will co-develop innovative and unique commercial auto products to target market of 33 million small businesses Deal with Allianz Re bolsters its reinsurance relationship with a multi-year commitment Partnership fuels a new $265......
REPAY to Automate Accounts Payable Payments for Public Agencies through OMNIA Partners
Digital Payments News

REPAY to Automate Accounts Payable Payments for Public Agencies through OMNIA Partners

Business Wire
by Business Wire0
Partnership provides automated AP solutions to members to simplify, optimize and digitize vendor payments and increase efficiencies Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced a partnership with OMNIA Partners, the largest purchasing organization for public sector procurement, to add REPAY’s automated accounts payable (AP) solutions to......
Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry's Largest Banks & Financial Institutions
Banking Blockchain News

Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry’s Largest Banks & Financial Institutions

PR Newswire
by PR Newswire0
With 75% of its tier-1 FI customers exploring tokenization, Fireblocks now supports clients with their most complex tokenization use cases Fireblocks is excited to announce the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The acquisition enriches Fireblocks’ tokenization capabilities......
Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings
Banking News

Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings

PR Newswire
by PR Newswire0
The partnership will fast-track the modernization of IT infrastructures and adoption of real-time payments ahead of the EU’s mandatory transition to instant credit transfers Finastra, a global provider of financial software applications and marketplaces, announced its extended partnership with Corvallis, Tinexta Group, a leading IT services provider in the Italian......
Oracle Transforms Payments and Transaction Banking in the Cloud
Banking Digital Payments News

Oracle Transforms Payments and Transaction Banking in the Cloud

PR Newswire
by PR Newswire0
Full spectrum cash management and payments solutions enable banks to improve visibility and forecasting to help corporate customers better manage cash Oracle expanded its Oracle Banking Cloud Services portfolio to help banks quickly launch comprehensive transaction banking offerings spanning cash management, liquidity management, and virtual account management. Together, with Oracle’s real-time payments processing, hyperscale account......
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