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Banking Digital Fintech News Technology

70% of European Banks And Fintechs Will Invest In Financial Technology Over The Next 18 Months Despite The Downturn

Fintech Staff Writer
by Fintech Staff Writer0
The multi-award-winning fintech PR and marketing firm CCgroup released the results of its study on “How to influence fintech buyers,” which was based on a poll of significant banks and fintechs in five European markets. According to the study, 70% of European financial institutions anticipate raising their financial technology investments......
Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation
Banking News Risk Management

Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025 Finastra and Uni Systems have extended their partnership to help financial institutions in the Adriatic, Central and Southeast Europe regions comply with the Basel Committee’s Fundamental Review of the Trading Book (FRTB) reporting requirements,......
Why Wooing Gen Z Helps Banks and Fintechs Win
Banking Commerce Guest Posts Insights

Why Wooing Gen Z Helps Banks and Fintechs Win

Sagar Rajgopal
by Sagar Rajgopal0
CX trends in banking have changed considerably over the last few years, accelerated by the pandemic. Customer service has become an increasingly important part of this market shift, so much so that financial institutions and digital banking challengers need to think strategically about their customer service function in order to......
Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank
Banking News

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
by PR Newswire0
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......
Brazilian Digital Bank Sees ChatGPT as an Ally in the Four-Day Week
Fintech News

Brazilian Digital Bank Sees ChatGPT as an Ally in the Four-Day Week

PR Newswire
by PR Newswire0
Since its launch, ChatGPT has attracted the attention of professionals from several fields. Efí, one of the major Brazilian fintechs, has gone further and started to use the system to optimize processes. A fan of the slimmed-down, four-day work week, the company has identified a reduction of up to 40%......
Stratus Technology Services Announces Partnership with New Heritage Capital
Finance News

Stratus Technology Services Announces Partnership with New Heritage Capital

Business Wire
by Business Wire0
Stratus Technology Services, a global provider of specialized technology services, including application managed services, implementation, and consulting, is pleased to announce a new partnership with and investment by New Heritage Capital (“Heritage”), a Boston-based private equity firm focused on partnering with high-growth, founder-owned businesses. The investment was structured using Heritage’s......
American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses
Analytics Banking Business Finance News

The CFPB Finds Illegal Junk Fees On Bank Accounts, Mortgages, Student Loans, And Auto Loans.

Fintech Staff Writer
by Fintech Staff Writer0
A special edition of Supervisory Highlights, published by the Consumer Financial Protection Bureau (CFPB) today, details illegal trash fees discovered in deposit accounts and across a variety of loan servicing sectors, including mortgage, student loan, and payday lending. Even for consumers who are financially knowledgeable, it can be difficult to......
Open Lending Partners with Crescent Bank to Meet Demand for Auto Loans, Accelerate Approval Process
Banking News

Open Lending Partners with Crescent Bank to Meet Demand for Auto Loans, Accelerate Approval Process

Business Wire
by Business Wire0
Bank takes on lending partner to expand loan offerings and automate loan decisions for non-prime borrowers across 32 U.S. states Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, has announced a partnership with Crescent Bank, an institution offering auto loans to consumers......
Institutional DeFi - Revolutionizing the Traditional Financial System
DeFi Guest Posts

Institutional DeFi – Revolutionizing the Traditional Financial System

Naresh Jain
by Naresh Jain0
DeFi has disrupted the traditional financial services industry by providing a decentralized, transparent, and secure environment that eliminates intermediaries, resulting in more efficient transactions. This innovation has revolutionized the way financial services are provided, and has the potential to create a more open, inclusive, and accessible financial system for everyone.......
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