Search Results for: financial system

Galileo Financial Technologies Helps Fintechs Meet Demand for Fast, Secure Money Movement With Wire Transfer Capabilities
Finance Fintech News

Galileo Financial Technologies Helps Fintechs Meet Demand for Fast, Secure Money Movement With Wire Transfer Capabilities

Business Wire
Offering in-demand wire services enable fintechs to acquire and retain more customers Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc.  today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure......
New Research Reveals 66 Percent of Global Travel Companies See Their Fragile Margins Eroded by Inefficient Payment Systems
Finance Fintech News

New Research Reveals 66 Percent of Global Travel Companies See Their Fragile Margins Eroded by Inefficient Payment Systems

Business Wire
Airwallex and Skift research finds nearly two-thirds (66 percent) of travel executives believe inefficient payment systems are harming their profits 70 percent find cross-border customer payments are more challenging due to new payment methods, despite this activity making up at least a quarter of their revenues Upgrading payment technology is......
HTX Ventures Invests in Lombard to Develop the Bitcoin Restaking Ecosystem
Cryptocurrency Finance Fintech Investments News

HTX Ventures Invests in Lombard to Develop the Bitcoin Restaking Ecosystem

PR Newswire
To enhance the liquidity and the ecosystem for Bitcoin, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Lombard. Lombard is a restaking protocol poised to catalyze growth across the Web3 ecosystem by transforming Bitcoin from a static store of value into a productive financial asset. Lombard......
ESQ Data Solutions and CashPilot announce a Strategic Alignment to Enhance Workflow Automation and Data-driven Intelligence Solutions for the Financial Services Industry
Artificial Intelligence Finance Fintech News Robotic Process Automation

ESQ Data Solutions and CashPilot announce a Strategic Alignment to Enhance Workflow Automation and Data-driven Intelligence Solutions for the Financial Services Industry

PR Newswire
Financial Institutions, retailers, managed service providers and cash-in-transit companies are increasingly seeking comprehensive, hardware-agnostic, world-class solutions for self-service and cash ecosystem endpoint management (ATMs, TCRs, SmartSafes, etc.), monitoring, and predictive analytics. Responding to this market demand, ESQ Data Solutions and CashPilot have agreed to a strategic alignment of their software......
Artificial Intelligence Banking Finance Fintech Guest Posts Investments

Going Green: It’s Time to Fix Financial Services’ Carbon Footprint

Leslie Kanthan
By Dr. Leslie Kanthan, CEO and Co-founder, TurinTech Enterprise technology is a big contributor to carbon emissions in most major sectors, and financial services is no exception. For example, according to McKinsey’s 2022 report The green IT revolution: A blueprint for CIOs to combat climate change, financial services’ IT technology......
Hero.io Acquires Cryptopay to Enhance Integrated AI and DeFi Tools Ecosystem
Cryptocurrency DeFi News

Hero.io Acquires Cryptopay to Enhance Integrated AI and DeFi Tools Ecosystem

EIN Presswire
Strengthening the Cryptocurrency Experience with Seamless Wallet Management and Payment Services Hero.io, an innovative AI-powered platform for crypto decision-making, has announced the acquisition of Cryptopay, a crypto payment and wallet service provider. This strategic acquisition brings Hero.io one step closer to becoming a super app, integrating advanced AI search capabilities with a......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Marqeta Announces New Customer Swiss4, Powering Its Premium Financial Services Offering to Meet Rising Consumer Demand for Personalised Payments Experiences
Digital Payments Finance Fintech News

Marqeta Announces New Customer Swiss4, Powering Its Premium Financial Services Offering to Meet Rising Consumer Demand for Personalised Payments Experiences

Business Wire
Marqeta continues its European bookings momentum with Swiss4, powering a bespoke combination of financial services and personalised high-end experiences for its customers. Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a new customer, Swiss4, providing real-time and personalised digital payment......
Wio Bank and Fiskl Embark on Groundbreaking Journey to Redefine Financial Management with AI
Artificial Intelligence Banking Finance Fintech News

Wio Bank and Fiskl Embark on Groundbreaking Journey to Redefine Financial Management with AI

EIN Presswire
Wio-Fiskl: Unleashing the Power of AI for UAE SME Accounting Wio, the region’s first platform bank, today announced a groundbreaking partnership with Fiskl, an AI global accounting platform, marking a significant step forward in advancing digital banking and AI-powered financial management solutions. This collaboration leverages Wio’s world-class banking APIs to......
Fintech Guest Posts Security

Strengthening the Financial Sector Through Authentication and Regulation

Frederik Mennes
At the beginning of 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published a report quantifying the impact of weak identity solutions on our financial system. This is the first time a federal agency has made an effort to quantify the impact of compromised credentials on the US......
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