Search Results for: big data

Demystifying AI for AML: European Banking Federation and SAS Help Banks Worldwide Fight Financial Crime
Banking Fintech News

Demystifying AI for AML: European Banking Federation and SAS Help Banks Worldwide Fight Financial Crime

Fintech News Desk
Pre-registration for the knowledge partners’ AML Masterclass series exploring advanced analytics for AML compliance is open now The United Nations Office on Drugs and Crime estimates that US$800 billion to $2 trillion is laundered through worldwide financial systems each year. That’s an astonishing 2-5% of global GDP. The European Banking Federation (EBF) – uniting......
Jack Henry Partners with Open Banking Providers to Enhance Digital Platform
Banking Fintech Mobile Banking News

Jack Henry Partners with Open Banking Providers to Enhance Digital Platform

Fintech News Desk
Jack Henry integrates with Finicity, Akoya and Plaid at zero cost, zero lift to community financial institutions Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry announced today that Finicity, Akoya, and Plaid are among the......
Future Of Payment: Top 10 Payment Trends Of Future
Banking Cryptocurrency DeFi Digital Digital Payments Featured

Future Of Payment: Top 10 Payment Trends Of Future

Hitesh Agrawal
The financial domain has now entirely become digital. The primary sector that sees growth here is payments. People can now select from distinct payment options born out of industrial trends like mobile payment, e-wallet, distributed ledgers, and open banking. What is the future trend in payment? Keep reading this article......
Oracle Textura Now Manages Payments for Construction Projects Valuing $1 Trillion
Cloud Digital Payments News

Oracle Textura Now Manages Payments for Construction Projects Valuing $1 Trillion

Fintech News Desk
Cloud payment management system helps the construction industry accelerate payments and mitigate risk, improving productivity and cash flow, and keeping projects moving smoothly  Oracle Textura Payment Management Cloud Service has now been used to manage subcontractor payments on construction projects valuing $1 trillion. This milestone represents work on more than 78,000 projects since Textura......
Allocations Acquires Lumen Advisory & Finance in $2.5 Million Deal
Finance Fintech News

Allocations Acquires Lumen Advisory & Finance in $2.5 Million Deal

Fintech News Desk
 Allocations, the world’s fastest and most powerful private equity and venture capital platform, announced today the acquisition of Salt Lake City-based Lumen Advisory and Finance. The deal, valued at $2.5m in cash and stock, brings Lumen’s accounting automation acumen into Allocations’ expanding suite of accessible private equity capabilities. Allocations acquires Lumen Allocations is......
Liquid Asset Support Comes to Merchant Payments Software Bitfinex Pay
Cryptocurrency Currency Exchange Digital Payments News

Liquid Asset Support Comes to Merchant Payments Software Bitfinex Pay

Fintech News Desk
The Liquid Network, the world’s leading Bitcoin sidechain developed by Bitcoin infrastructure company Blockstream, is now supported by merchant payments technology Bitfinex Pay The Liquid Network, the world’s leading Bitcoin sidechain developed by Bitcoin infrastructure company Blockstream, is now supported by merchant payments technology Bitfinex Pay. The technology, built by......
Why has open banking failed to live up to its promise?
Banking Featured Guest Posts Insights

Why Has Open Banking Failed to Live up to Its Promise?

Elliott Limb
When open banking hit the market in 2018, a financial revolution was expected. The move to simply and securely promote information sharing between customers, banks, and third parties promised vast opportunities to grow profits, build innovative new solutions and create deeper customer connections. But this promise has failed to become......
Open Banking, Other Digital Initiatives Driving Demand for ADM Services in Brazil
Banking Digital Payments Mobile Banking News

Open Banking, Other Digital Initiatives Driving Demand for ADM Services in Brazil

Fintech News Desk
ISG Provider Lens report sees enterprises turning to ADM providers to speed development in response to growing need for applications Open banking and other digital initiatives accelerated by the COVID-19 crisis are driving up demand for application development and maintenance services in Brazil, according to a new report published today......
3Key Technologies Launches All-in-One Platform that Simplifies DeFi for Institutions and the Masses
DeFi News

3Key Technologies Launches All-in-One Platform that Simplifies DeFi for Institutions and the Masses

Fintech News Desk
With close to $200 billion Total Value Locked (TVL), the growth in DeFi (decentralized finance) has been mindboggling and has certainly come a long way. Today, there are numerous DeFi projects empowering a variety of decentralized services that enable new ways to trade and generate yield for their users. However, the......
CoinSwitch Kuber raises USD 260 million in Series C funding from Coinbase Ventures and Andreessen Horowitz
Cryptocurrency Investments News

Coinswitch Kuber Raises USD 260 Million in Series C Funding From Coinbase Ventures and Andreessen Horowitz

Fintech News Desk
With participation from both its Crypto and Growth funds, a16z is making its first investment in an Indian startup Coinbase Ventures joins a16z and existing investors Paradigm, Ribbit Capital, Sequoia Capital India and Tiger Global CoinSwitch Kuber has reached unicorn status and is now India’s largest crypto asset platform, valued......
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