Search Results for: big banks

Volante Technologies Survey: Faster Payments Top Priority for U.S. Banks
Digital Payments News

Volante Technologies Survey: Faster Payments Top Priority for U.S. Banks

PR Newswire
Annual mid-tier bank payments modernization report also reveals real-time and instant payment modernization is driving increased adoption of payments as a service (PaaS) Volante Technologies, the global leader in payments as a service, issued the results from its third annual mid-tier bank payments modernization report. The report shows high interest......
Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports
Banking News

Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports

PR Newswire
Market pressures are hurting banks, credit unions, and consumers’ cash flow; cybersecurity and employee retention are shared priorities for both industries. Wipfli LLP (Wipfli), a top 20 advisory and accounting firm, published the results of two industry surveys from the banking and credit union sectors that share insights into their......
Publix Is Donating Another 1.3 Million Pounds of Produce to 32 Feeding America Partner Food Banks
Finance Fintech News

Publix Is Donates 1.3 Million Pounds of Produce to 32 Feeding America Partner Food Banks

Business Wire
More than 2.6 million pounds of produce donated during the 2023 holidays As part of Publix’s ongoing commitment to helping alleviate hunger, the company is purchasing and delivering another 1.3 million pounds of fresh produce to 32 Feeding America partner food banks this holiday season. This donation is in addition......
Banking Fintech Fintech Primers

What Are Fintech Banks?

Pooja Choudhary
Much in vogue….Fintech..banks..Fintech Banks! Fintech banks, sometimes known as Neobanks or challenger banks, provide software, apps, and other technological enhancements to traditional online banking platforms. The majority of this fintech’s experience is in the banking sector. Exploring the World of Fintech Banks Neobanks are only available online financial institutions providing conventional......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings
Banking News

Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings

PR Newswire
The partnership will fast-track the modernization of IT infrastructures and adoption of real-time payments ahead of the EU’s mandatory transition to instant credit transfers Finastra, a global provider of financial software applications and marketplaces, announced its extended partnership with Corvallis, Tinexta Group, a leading IT services provider in the Italian......
The Elusive Journey Towards AI and Digital Mastery
Artificial Intelligence Big Data Guest Posts

Big Finance, Bigger Challenges: The Elusive Journey Towards AI and Digital Mastery

Manish Sood
The buzz around AI is pervasive, compelling financial institutions across all sectors to swiftly adopt its applications. However, given the global economy’s continued volatility and the challenges many companies face with digital transformation, there’s a compelling argument for caution. Moreover, it’s crucial to emphasize that a solid data strategy should......
Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
Shield and LeapXpert Survey: WhatsApp and Messaging Apps Still a Major Risk for Banks
News Risk Management

Survey: WhatsApp and Messaging Channels Remain Biggest Threat to Bank Risk Management Despite Massive Fines

PR Newswire
Survey finds 73% of financial institutions lack confidence in their ability to monitor and regulate communication on unapproved channels Shield, solving communication compliance for financial institutions, and LeapXpert, the responsible business communication pioneer, partnered to release findings that show only half of financial institutions (51%) are monitoring employee communications over WhatsApp.......
BigONE Granted In-Principle Approval by Astana Financial Services Authority to Operate in Kazakhstan
Cryptocurrency Fintech News

BigONE Granted In-Principle Approval by Astana Financial Services Authority to Operate in Kazakhstan

GlobeNewswire
BigONE, a world-leading cryptocurrency exchange, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) in Kazakhstan. This recent approval underscores BigONE’s ongoing dedication to broadening its reach in developing and dynamic markets. Following this approval, BigONE will be authorized to operate Digital Asset Trading Facility and offer......
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