Search Results for: financial services sector

American Financial Exchange Appoints Veteran Financial Services Executive John Shay as CEO
Finance Lending News

American Financial Exchange Appoints Veteran Financial Services Executive John Shay as CEO

PR Newswire
by PR Newswire0
The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that the exchange has appointed veteran financial services executive John Shay as CEO, effective immediately. AFX recently announced that 100% of the company was acquired by 7RIDGE, a specialized growth equity firm invested......
Synchrony Joins Operation HOPE's National 'Financial Literacy for All' Initiative
Finance News

Synchrony Joins Operation HOPE’s National ‘Financial Literacy for All’ Initiative

PR Newswire
by PR Newswire0
Advances Access to Youth and Adults with Financial Education Synchrony, a premier consumer financial services company, announced it has become a member company of Financial Literacy for All (FL4ALL) – a national initiative dedicated to embedding financial literacy into American culture. Launched in May 2021 by Operation HOPE and a consortium of U.S. companies, including......
Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.
Investment Services News

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Business Wire
by Business Wire0
Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares Siebert Financial Corp. announced that it has entered into an agreement......
Sheehan Wealth Partners Joins LPL Strategic Wealth Services
Fintech News

Sheehan Wealth Partners Joins LPL Strategic Wealth Services

GlobeNewswire
by GlobeNewswire0
LPL Financial LLC announced that financial advisors James Sheehan CFP, CPWA, and Shawn Tighe CFP, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They become the 30th team to join LPL Strategic Wealth Services, the firm’s modern supported independent solution that enables advisors to grow their business according to their vision.......
15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
by Pooja Choudhary0
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
New Technological Advancements In The Financial Services Industry
Artificial Intelligence Featured Finance Technology

New Technological Advancements In The Financial Services Industry

Pooja Choudhary
by Pooja Choudhary0
In this article, we shall be discussing new tech advancements in the financial sector domain. Five startups in AI domain have been taken as an example to illustrate the tech know-how with their USP highlighted. Below is one on one description along with the author’s screenshot of the same highlighting......
American Financial Exchange Acquired by 7RIDGE
Finance Lending News

American Financial Exchange Acquired by 7RIDGE

PR Newswire
by PR Newswire0
Transaction builds on AFX structure to expand and enhance AMERIBOR adoption The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that 100% of the company was acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies for financial......
Macquarie Capital Appoints Morgan LeConey Head of US Consumer and Retail, Launching Coverage in the Sector
Finance News

Macquarie Capital Appoints Morgan LeConey Head of US Consumer and Retail, Launching Coverage in the Sector

Business Wire
by Business Wire0
Morgan LeConey will focus on advising clients across the food and beverage, household and personal care products, consumer goods and retail sectors Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, announced it has appointed Morgan LeConey Managing Director, Head of US Consumer and Retail,......
Accion and Mastercard Renew Partnership, Aim to Connect 10.5 Million People to Digital Financial Services
Digital Finance News

Accion and Mastercard Renew Partnership, Aim to Connect 10.5 Million People to Digital Financial Services

PR Newswire
by PR Newswire0
Partnership will work with fintechs and financial service providers to improve financial health of small businesses in emerging economies Building on four years of work together to enable digital transformation among small businesses, Accion and the Mastercard Center for Inclusive Growth announced a renewal of their partnership and a sustained......
Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource
Artificial Intelligence Banking Guest Posts

Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource

Brian Halpin
by Brian Halpin0
Automation technology could add $2 billion in annual value to the global banking sector through revenue increases, cost reductions and unrealized opportunities. Yet the benefits of automation remain largely untapped. This is because of the significant challenges of integrating automation, which hamper digital transformation efforts, including lack of a clear implementation strategy, insufficient executive support and severely limited use of automation within corporate......
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