Search Results for: payment management
Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision-making, increase risk accuracy and improve financial predictability Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.......
LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
BlackRock Successfully Prices $3 Billion Offering of Senior Notes
BlackRock, Inc. today successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes (collectively, the “Notes”): $500 million aggregate principal amount of 4.70% Notes due 2029 $1 billion aggregate principal amount of 5.00% Notes due 2034 $1.5 billion aggregate principal amount of 5.25% Notes due......
Alchemy Pay Roadmap for 2024 Released
2024 Key priorities revolve around: Advancing the ramp service Enhancing the crypto card Introducing the innovative Web3 bank account Securing essential regulatory licences As Alchemy Pay embarks on a new year filled with promise, which kicked off on a high note with the BTC ETF approval and features upcoming milestones......
Nordic Capital Makes Majority Investment in Activeviam, Provider of Advanced Analytics for Financial Institutions
The investment is made in partnership with ActiveViam’s founders and management to support and accelerate continued high-growth and expansion Nordic Capital, a leading investor in banking software, will leverage its long-standing expertise and experience from accelerating digitization of the financial services industry The aim is to realize ActiveViam’s potential......
Kraken Launches New Brand to Offer Dedicated Crypto Solutions for Institutions
With a new brand, Kraken aims to to offer a one-stop solution for customized and innovative solutions in the crypto landscape. This service is currently available for Kraken’s existing institutional client base. Kraken, one of the longest-standing and most secure cryptocurrency exchanges, is delighted to announce the launch of Kraken......
Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris
– Major changes for Factris’ platform include same-day payments, streamlined onboarding, and fraud prevention for European SMEs – Automation and AI features enable adaptations to local languages, currencies, and regulations – The new platform is a key component to Factris’ expansion into new markets in the EU After years of......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimising errors for brokers. Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation......