Search Results for: investment banks

Suntell, the leading Loan Origination Software for Community Banks and Credit Unions, completes strategic investment with Arcadea Group
Banking News

Suntell, the leading Loan Origination Software for Community Banks and Credit Unions, Completes Strategic Investment with Arcadea Group

Fintech News Desk
by Fintech News Desk0
Suntell, makers of the Square 1 Credit Suite, partner with Arcadea Group to support continued growth in the banking and credit union markets Suntell, makers of the Square 1 Credit Suite and market leader in Loan Origination software for community banks and credit unions, announces the close of a strategic......
Acardex To Launches the Biggest Decentralized Exchange on The Cardano Network
Investment Services News

Unifimoney Secures Seed+ Investment from Shop Your Way to Empower Community Banks and Credit Unions

Fintech News Desk
by Fintech News Desk0
The investment and strategic relationship will enable Unifimoney to further extend its support for Community Banks and Credit Unions and introduce new products powering the next generation of loyalty, credit and blockchain services Unifimoney Inc., a turnkey digital wealth management platform for Community Banks and Credit Unions, announced a strategic......
Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds
Banking Digital Mobile Banking News

Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
Customer Satisfaction Scores Increase as Growing Number of Users Migrate to Digital Bank and credit card customers in Canada are interacting with mobile apps and websites at a higher rate than ever before, with a record 68% of retail bank customers using mobile banking and 55% now classified as digital-only.......
Despite Digital Acceleration, Banks Still Lack Ability to Achieve Peak Productivity from Technology Investments, Accenture Report Finds
Banking Digital News

Despite Digital Acceleration, Banks Still Lack Ability to Achieve Peak Productivity from Technology Investments, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Scaling digital technologies will be crucial for banks to achieve “future-ready” operations A new report by Accenture found banks must extend and scale digital technologies across operations to achieve future-readiness while facing rising consumer expectations and regulatory requirements. “Leading banks can harness change by capitalizing on the combination of human ingenuity......
Economy Fintech Fintech Funding Investment Services News

Bank of America Announces Seven Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks

Fintech News Desk
by Fintech News Desk0
Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity. As part of that commitment, today the company is announcing it has now completed 7 equity investments in Minority Depository Institutions and Community Development Financial Institution Banks. Bank of America has acquired approximately 4.9% of......
IRIS CRM and Conformance Technologies Partner to Create the Payment Industry’s Most Powerful CRM Integration
Artificial Intelligence Fintech InsurTech News

Banks and Insurance Companies Expect 86% Increase in AI-Related Investments Into Technology by 2025, According to New Research by The Economist Intelligence Unit

Fintech News Desk
by Fintech News Desk0
AI is set to shape the future of the banking and insurance ecosystem, according to a new report commissioned by ThoughtSpot, the leader in search and AI-driven analytics. The report, “The Road Ahead: Artificial Intelligence and the Future of Financial Services,” conducted by The Economist Intelligence Unit (EIU), analyzes the sentiments......
Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company
Banking Investment Services News

Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company

Fintech News Desk
by Fintech News Desk0
Arcline Investment Management (“Arcline”), a growth oriented private equity firm with $1.5 billion of capital under management, announced that it has signed a definitive agreement to acquire Fairbanks Morse (“the Company”), an EnPro Industries company , for $450 million. Fairbanks Morse develops and manufactures heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse......
Artificial Intelligence Banking Cloud Featured Finance Fintech

AI-Ready Infrastructure For Small Banks: Architectures, Tooling, and Cloud Strategies

Fintech Staff Writer
by Fintech Staff Writer0
As small banks look to enhance their capabilities in data analysis, customer insights, and fraud detection, building AI-ready infrastructure becomes crucial. Unlike large financial institutions with expansive resources, small banks must be strategic about their AI investments. The journey to create AI-ready infrastructure in small banks requires a careful balance......
Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada
Finance Fintech Lending News

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada

Business Wire
by Business Wire0
The new capital, including funding from Shopify founder Tobi Lütke and Slack founder Stewart Butterfield, will accelerate the expansion of Neo Financial’s suite of innovative financial services products, offering competitive alternatives to traditional banks Neo Financial (“Neo”), a leading Canadian financial technology company, announced today their CAD $360 million Series......
Cashing in: Study shows banks investing big in GenAI, and it's paying off
Artificial Intelligence Banking Finance Fintech News

Cashing in: Study shows banks investing big in GenAI, and it’s paying off

PR Newswire
by PR Newswire0
Banking tops other industries in adopting the technology for marketing, risk management, customer service and more A new report on the use of generative AI in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated......
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