Search Results for: payment and financial services

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......
Alipay+ Partners with Global Brands in #MoneyCannotBuy Initiative to Attract E-Wallet Users
Digital Payments News

Alipay+ Partners with Global Brands in #MoneyCannotBuy Initiative to Attract E-Wallet Users

Business Wire
by Business Wire0
The marketing initiative advocating for #MoneyCannotBuy experience has counted on participation from over 100 brands globally Alipay+ launches the #MoneyCannotBuy marketing initiative, a series of social media campaigns and special rewards, as the provider of cross-border digital payments and marketing solutions teams with global merchants in bringing a unique travel......
Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry's Largest Banks & Financial Institutions
Banking Blockchain News

Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry’s Largest Banks & Financial Institutions

PR Newswire
by PR Newswire0
With 75% of its tier-1 FI customers exploring tokenization, Fireblocks now supports clients with their most complex tokenization use cases Fireblocks is excited to announce the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The acquisition enriches Fireblocks’ tokenization capabilities......
MARS Growth Capital Announces First Equity Fund and Capital Extension of Debt Funds
Fintech Investment Services News

MARS Growth Capital Announces First Equity Fund and Capital Extension of Debt Funds

Business Wire
by Business Wire0
New equity fund will make growth equity investments in tech and tech-enabled mid to late-stage technology companies. Mars Growth Capital announced the initial closing of its first equity fund, Dragon Fund I, with an initial LP commitment by Mitsubishi UFJ Financial Group, (“MUFG”) of up to US$500mm. The fund is......
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......
Tiptappay Micropayments Now Enables Visa Member Financial Institutions to Accept Small Value Donations
Digital Payments Finance News

Tiptappay Micropayments Now Enables Visa Member Financial Institutions to Accept Small Value Donations

Business Wire
by Business Wire0
Tiptap, an innovative social impact platform, is thrilled to announce that it will now offer Visa Member Financial Institutions (Visa FIs) the ability to accept small value donations for community-based charities and local initiatives. This program aims to foster a culture of giving back and drive positive change in local......
Redwood Credit Union Selects Lumin Digital For Enhanced Digital Banking Services
Banking News

Redwood Credit Union Selects Lumin Digital For Enhanced Digital Banking Services

PR Newswire
by PR Newswire0
Lumin Digital announced that Santa Rosa-based Redwood Credit Union has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. When Redwood completes the rollout of its new platform in Q4 of 2023, Lumin Digital will support Redwood’s more than 455,000 members. Founded in......
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......
Banking News

GFT and Thought Machine to Accelerate Digitization Initiatives That Will Power US Banks’ Future Growth

GlobeNewswire
by GlobeNewswire0
The Companies Behind Standard Chartered’s Digital Bank Mox are Scaling Cloud-Based Core Banking Offerings Stateside Traditional banks are at a critical point in their digital trajectories, having amassed significant consumer trust beyond that of digital-first challengers. Now, global digital transformation company GFT and cloud-native banking technology company Thought Machine are equipping incumbent banks to thrive in the......
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