Search Results for: Financial Technology

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
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
by Business Wire0
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......
Financial Sector Significantly Outpaces Other Industries in Pay Transparency Revolution
Fintech News

Financial Sector Significantly Outpaces Other Industries in Pay Transparency Revolution

PR Newswire
by PR Newswire0
New Syndio analysis shows financial firms are 54% more likely to disclose pay equity analyses compared to other industries Syndio, the world’s leading workplace equity platform, is reporting a significant shift in the financial services sector’s commitment to workplace equity. A new Syndio analysis highlights that financial services companies are......
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Going Green: It’s Time to Fix Financial Services’ Carbon Footprint

Leslie Kanthan
by Leslie Kanthan0
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......
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Top Financial Technologies That Are Driving Easy Deposit Switching

Prajakta Ayade
by Prajakta Ayade0
New age financial technologies are revolutionizing the global banking industry, offering consumers unprecedented convenience and flexibility. One area where this transformation is particularly evident is in deposit switching—the process of transferring direct deposits and automatic payments from one bank account to another. Traditionally a time-consuming task, deposit switching is becoming......
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
by PR Newswire0
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......
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
by EIN Presswire0
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......
Survey Reveals Accountants Play Vital Role In Driving Financial Transformation for Organizations
Finance News

Survey Reveals Accountants Play Vital Role In Driving Financial Transformation for Organizations

GlobeNewswire
by GlobeNewswire0
With mounting bandwidth concerns and urgency to provide critical insights, 60% of accountants and CFOs still do not consider financial transformation a top priority FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, announced the results of its latest survey, Embracing Financial Transformation: What It Is, Why......
New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst
Fintech News

New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst

Business Wire
by Business Wire0
Half of UK consumers surveyed said they are “obsessed” with checking their banking apps and balances, according to new FIS research. Eight in 10 UK consumers are utilising financial apps – online banking and mobile wallets being the most common. Mobile banking is the top reason for respondents’ loyalty to......
Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital
Digital Asset Management Fintech News

Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital

PR Newswire
by PR Newswire0
Crossover to use proceeds to expand its role as the leading ECN in digital assets and bring 24/7 trading to additional asset classes Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding......
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