Search Results for: operational costs

LexisNexis Risk Solutions Study Reveals Financial Crime Compliance Costs Increased 33% in 2020 at Financial Institutions in the United States and Canada
Fintech News Risk Management

LexisNexis Risk Solutions Study Reveals Financial Crime Compliance Costs Increased 33% in 2020 at Financial Institutions in the United States and Canada

Fintech News Desk
Compliance professionals share insights on operational and cost challenges during the COVID-19 pandemic LexisNexis® Risk Solutions released the results of its 2020 True Cost of Financial Crime Compliance Study – U.S. and Canada Edition. The survey of compliance professionals identifies the drivers and influencers affecting financial crime compliance and highlights......
MySky and Satcom Direct Form Strategic Alliance to Integrate Financial and Operational Data
Artificial Intelligence Business Fintech News

MySky and Satcom Direct Form Strategic Alliance to Integrate Financial and Operational Data

Fintech News Desk
MySky, the only AI-powered spend management platform designed for the private aviation industry, and Satcom Direct (SD), the business aviation solutions provider, announced a strategic alliance enabling seamless access to real-time data for private aviation. Subscribers to MySky and SD will greatly benefit from an all-encompassing approach to aircraft management that......
TMD Security Launches Global Consultancy Program with Deloitte to help ATM Deployers Discover Operational Cost Savings and Benefits From Key-less ATM & Branch Access Management
Banking Fintech News

TMD Security Launches Global Consultancy Program with Deloitte to help ATM Deployers Discover Operational Cost Savings and Benefits From Key-less ATM & Branch Access Management

Fintech News Desk
TMD Security announced the launch of a global program with consulting firm Deloitte to help banks and ATM deployers understand the annual operational cost savings and benefits from replacing physical keys and manual processes with a key-less ATM and Branch Access Management solution. Ten Deloitte customer engagements are planned in......
Alogent and DXC Technology Announce Strategic Collaboration to Enhance Deposit Automation and Back-Office Processing
Finance Fintech News Robotic Process Automation

Alogent and DXC Technology Announce Strategic Collaboration to Enhance Deposit Automation and Back-Office Processing

PR Newswire
Alogent and DXC Technology announce strategic collaboration to enhance deposit automation and back-office processing, driving reduced costs and greater efficiency for financial institutions. Building on successes in the UK banking market, this expanded collaboration pairs Alogent’s item processing solutions with DXC’s comprehensive back-office outsourcing services for institutions in the US......
Insurity-Launches-Document-Intelligence,-Powered-by-OIP-Robotics,-Utilizing-AI-to-Enhance-Data-Extraction-Accuracy-and-Efficiency-for-Insurers
Artificial Intelligence Finance Fintech News

Insurity Launches Document Intelligence, Powered by OIP Robotics, Utilizing AI to Enhance Data Extraction Accuracy and Efficiency for Insurers

Business Wire
Insurity Document Intelligence, powered by OIP Robotics, uses advanced AI to extract data from documents with 99% accuracy, reducing operational costs and enhancing efficiency and productivity Insurity, the leading provider of cloud software for insurance carriers, brokers, and MGAs, today announced the launch of Insurity Document Intelligence, powered by OIP......
Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
Artificial Intelligence Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

The Role of Autonomous Financial Platforms in Creating Self-Learning Financial Ecosystems

Prajakta Ayade
Autonomous financial platforms are systems designed to operate independently, managing financial processes with minimal human intervention. They utilize AI, ML, and other advanced technologies to perform tasks such as trading, portfolio management, risk assessment, fraud detection, and customer service. These platforms are capable of learning from data, adapting to new......
PortX Joins AppMarket From Fiserv to Simplify Fintech Integrations and Accelerate Time to Market for Financial Institutions
Banking Finance Fintech News

PortX Joins AppMarket From Fiserv to Simplify Fintech Integrations and Accelerate Time to Market for Financial Institutions

Business Wire
PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announces the launch of Fintech Hub on AppMarket from Fiserv. “We’re excited to support Fiserv’s global vision for open banking through its Communicator Open initiative......
Payments Automation Leader, DocuPhase, Hires Trey Tramonte as CRO
Digital Payments News

Payments Automation Leader, DocuPhase, Hires Trey Tramonte as CRO

PR Newswire
DocuPhase is pleased to announce that Trey Tramonte will be joining their organization as the new Chief Revenue Officer. Mr. Tramonte is an experienced executive leader with a demonstrated history of crafting successful go-to-market strategies, scaling teams, and leading organizations through periods of hypergrowth. More recently, Mr. Tramonte was the Senior Vice......
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