Search Results for: financial industry

Sila and Fortress Trust Join Forces to Elevate Fintech Industry with Comprehensive Payment and Custodial Services
Banking Fintech News

Sila and Fortress Trust Join Forces to Elevate Fintech Industry with Comprehensive Payment and Custodial Services

PR Newswire
by PR Newswire0
Sila and Fortress Trust have formed a groundbreaking partnership to revolutionize the fintech industry by offering advanced payment solutions, compliance expertise, secure custodial services, and streamlined development tools. This collaboration promises to empower fintech and crypto companies with an all-encompassing financial solution tailored to their diverse needs. Sila, a leading provider of......
Bank of America Partners with INROADS to Prepare Charlotte Students Early for Success in the Finance Industry
Finance News

Bank of America Partners with INROADS to Prepare Charlotte Students Early for Success in the Finance Industry

GlobeNewswire
by GlobeNewswire0
According to a National Association of Manufacturing and Deloitte report, the US will have a shortage of up to 3.5 million STEM workers by 2025. Bank of America and INROADS have partnered to address this crisis through the College Links program. INROADS College Links, a college and career readiness program,......
Banking Featured Fintech Primers

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

Pooja Choudhary
by Pooja Choudhary0
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?......
LPL Financial Welcomes Bradford Capital Group
Fintech News

LPL Financial Welcomes Bradford Capital Group

GlobeNewswire
by GlobeNewswire0
LPL Financial LLC announced today that financial advisors and partners Chris Bradford, CFP®, Dave Meagher and Stina Bradford have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $150 million in advisory, brokerage and retirement plan assets*, and joins LPL from Securities America, part of Osaic......
ACAMS Launches AFC Academy to Provide Tailored Training to Banks and Other Financial Services Providers
News Risk Management

ACAMS Launches AFC Academy to Provide Tailored Training to Banks and Other Financial Services Providers

PR Newswire
by PR Newswire0
The new initiative provides enterprise training solutions, with options to choose between ground-up development or program enhancement Regulators are demanding that financial institutions have effective anti-financial crime (AFC) programs in place, and effectiveness requires implementing an ongoing AFC training program that is robust and tailored to the specific risks an institution......
FedNow Service Industry Work Group Issues Market Practices for Request for Payment
Digital Payments News

FedNow Service Industry Work Group Issues Market Practices for Request for Payment

Business Wire
by Business Wire0
The recommendations outline practices to support effective and widespread industry implementation of instant payments The Federal Reserve released market practices to advance standardized implementation of the request for payment (RFP) feature of instant payments. RFP has the potential to be a powerful tool that financial institutions and service providers can use......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
by Business Wire0
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
SIGMA Financial AI Unveils Akili-AI: Cutting-Edge, AI-based, No-code Suite of Tools for Traders
Machine Learning News

SIGMA Financial AI Unveils Akili-AI: Cutting-Edge, AI-based, No-code Suite of Tools for Traders

PR Newswire
by PR Newswire0
SIGMA Financial AI, an innovator in developing AI-driven trading solutions, launches Akili-AI, a sophisticated suite of enterprise-ready trading strategy tools. Akili-AI is a cutting-edge, no-code solution enabling data-driven insights to support the specialist needs of the global financial services trading community. Akili-AI incorporates machine learning (ML) and natural language processing......
Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management
Artificial Intelligence Finance News

Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management

PR Newswire
by PR Newswire0
Integration of Amazon Bedrock into Genpact’s riskCanvas financial crime risk management suite to drive value across clients, including Apex Fintech Solutions Genpact, a global professional services firm focused on delivering outcomes that transform businesses, expanded its relationship with Amazon Web Services, Inc. (AWS) to transform financial crime risk operations, leveraging......
Akamai Research Finds 65 Percent Increase in Web Application and API Attacks on Financial Services
Cloud Finance News

Akamai Research Finds 65 Percent Increase in Web Application and API Attacks on Financial Services

PR Newswire
by PR Newswire0
Financial services has surpassed gaming as the top vertical for DDoS attacks Akamai Technologies, Inc., the cloud company that powers and protects life online, released  a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry. The new report, The High Stakes of......
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