Search Results for: big data

Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners
E-commerce Investment Services News

Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners

PR Newswire
by PR Newswire0
Round brings Finaloop’s total funding to $55 million as it revolutionizes the way e-commerce and retail brands handle their finances Finaloop, the real-time e-commerce accounting platform, announced it has raised a $35 million Series A round. Lightspeed Venture Partners led the round with participation from Vesey Ventures, Commerce Ventures, and existing investors, Accel and Aleph. The latest funding round, which brings......
Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
by PR Newswire0
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
Intuit to Acquire Technology from Zendrive
Fintech News

Intuit to Acquire Technology from Zendrive

Business Wire
by Business Wire0
Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it has signed an agreement to acquire technology from leading mobility risk intelligence provider Zendrive. Certain Zendrive employees, including CEO......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
by Art Mueller0
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status
Finance Fintech News

Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status

Business Wire
by Business Wire0
Galileo Consumer Banking Report by Datos Insights uncovers the latest consumer banking behaviors and preferences 85% of consumers say they have positive experiences with their primary financial institution (FI), yet they’re using as many tools or services with other financial providers as they are with their primary FI, according to......
Artificial Intelligence Banking Blockchain Finance Fintech Interviews Investments

Global Fintech Series Interview with Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions

Paroma Sen
by Paroma Sen0
Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions chats about the latest innovations defining digital wallets and payment trends across the global fintech landscape: Hi Shantala, tell us about yourself and your fintech journey… Thank you for having me! I’ve been......
Sage Announces New Native-Cloud Innovations in Sage Estimating
Cloud News

Sage Announces New Native-Cloud Innovations in Sage Estimating

GlobeNewswire
by GlobeNewswire0
Sage Estimating further streamlines the estimating process with cloud-enabled collaboration and advanced bid analysis capabilities Sage, the trusted software provider for small and mid-sized businesses (SMBs) in the construction industry, announces the addition of new native-cloud innovations for bid leveling, collaboration, and insight in Sage Estimating, the most widely used......
Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters
Artificial Intelligence Finance Fintech Investments News

Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters

PR Newswire
by PR Newswire0
Company joins Lloyd’s Labs 12th cohort of the award-winning and globally renowned Lloyd’s Lab Accelerator program as Sixfold expands into EMEA; Through its purpose-built generative AI solution and partner integrations with EXL, Guidewire, and more, Sixfold boosts underwriting capacity by 10x Sixfold, the company empowering underwriters with a generative AI......
Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
by PR Newswire0
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
1