Search Results for: traditional banks

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......
Artificial Intelligence Banking Fintech Guest Posts Technology

Three Ways Small Banks Can Build the Right AI Talent Pipeline

Kristof Horompoly
by Kristof Horompoly0
If today’s companies want to survive, they need to implement AI; it’s no longer optional. In fact, 79% of leaders agree that AI adoption is critical to remain competitive. This has only intensified the war for AI talent, like data scientists, engineers and developers. But some sectors, like banking, are......
New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff
Finance Fintech News

New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff

Business Wire
by Business Wire0
New survey reveals significant shift in relationship between younger generations and traditional financial institutions as trust in financial advice from social media grows. According to the survey, social media has become the primary source of financial advice for younger generations, which can promote unrealistic comparisons and financial insecurity. FIS, a......
Banking Fintech Guest Posts

Four Technologies That Banks Must Consider to Compete with FinTechs and Neobanks

Carl Robison
by Carl Robison0
As banks dive into the second half of 2024, there are several technologies they must consider investing in now to advance their offerings and compete with the FinTechs and neobanks.  Traditionally, most banks have been less eager to adopt new technologies, with only a few that driving new technology and......
Lyned Technology Begins Rollout with Banks On-Boarded in Europe and South Asia
Banking Finance Fintech News

Lyned Technology Begins Rollout with Banks On-Boarded in Europe and South Asia

EIN Presswire
by EIN Presswire0
Lyned, a pioneering digital payment processing technology, proudly announces the successful onboarding of two banking partners: TechVentures Bank of Romania and Laxmi Sunrise Bank of Nepal. This marks a significant milestone in Lyned’s journey towards global adoption. TechVentures Bank of Romania and Laxmi Sunrise Bank of Nepal have executed Proof of Concept (PoC) Agreements......
KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks
Artificial Intelligence Finance Fintech News

KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks

EIN Presswire
by EIN Presswire0
KOAT Capital, a holding company focused on strategic investment and long-term value creation across artificial intelligence (AI) and technology, has finalized the acquisition of 100% of the outstanding shares of Pelican AI (Pelican) and subsidiaries. This acquisition is a significant step in KOAT Capital’s investment strategy, reinforcing its position in......
Onbe and ZSuite Tech Partner to Deliver Digital Payout Solutions for Banks and Their Clients
Banking Fintech News

Onbe and ZSuite Tech Partner to Deliver Digital Payout Solutions for Banks and Their Clients

PR Newswire
by PR Newswire0
This new partnership enables banks to provide their clients with secure funds management capabilities and embedded digital disbursement options, eliminating the cost and risk of issuing payments by check. Onbe, a leading corporate payouts platform, today announces its partnership with ZSuite Tech, a high-growth fintech innovator with a focus on commercial......
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