Search Results for: transaction volume

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience
Banking Finance News

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience

Fintech News Desk
by Fintech News Desk0
The Ethiopia-based bank aims to transform its retail and SME loan processes Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE, announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types.......
applications of AI in banking
Artificial Intelligence Banking Featured

10 Best Applications Of AI In Banking

Pooja Choudhary
by Pooja Choudhary0
No industry or domain has been unleft by the disruptions of Artificial intelligence, so how can we skip one of the most important domain of the economy which is banking and finance? AI in banking applications turned the sector into a customer-centric tech innovator. AI systems are helping banks significantly......
Capital Markets Featured Fintech Primers Markets

What Are Capital Markets?

Pooja Choudhary
by Pooja Choudhary0
It is the best medium of funds for institutions and offers various modes of investment avenues to all the investors who encourage capital building. let’s understand Capital markets and their functions briefly along with their tradable instruments. What Are Capital Markets?   The Capital market is a cog in the wheel......
TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges
Cryptocurrency News

TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges

Fintech News Desk
by Fintech News Desk0
In 2020, CoinBase reportedly made $1.3 billion in revenue and had a net income of $322 million while 2021 was even higher at $1.8 billion in revenue and an annual net income of $3624 million. As appetizing as those profits might sound, creating a cryptocurrency exchange can be a costly and complex endeavor, and development costs are one of the main financial barriers to entry that can......
First Entertainment Credit Union Members Earn $100K and Counting in Rebates Through Home Rewards Program
Fintech Mortgage News

First Entertainment Credit Union Members Earn $100K and Counting in Rebates Through Home Rewards Program

Fintech News Desk
by Fintech News Desk0
First Entertainment puts first-time homebuyers on the path to homeownership with successful new mortgage program Members of First Entertainment Credit Union, the premiere financial partner to creators and workers of the entertainment industry, have earned more than $100,000 in rebates through the credit union’s Home Rewards Program, allowing more homebuyers......
BNY Mellon Expands Outsourced Trading to Buy-Side Clients
Investment Services News Trading

BNY Mellon Expands Outsourced Trading to Buy-Side Clients

Fintech News Desk
by Fintech News Desk0
Further broadens the company’s trusted outsourced offerings to the front office BNY Mellon announced a new outsourced trading offering for buy-side institutions globally, including asset managers and asset owners. The offering by BNY Mellon Capital Markets, LLC will be powered by xBK, the buy-side trading division that executes more than......
Banking Cloud News

Temenos Advances Platform Capabilities To Accelerate Banking-as-a-Service

Fintech News Desk
by Fintech News Desk0
Temenos announced that it has expanded its Banking-as-a-Service (BaaS) capabilities on Temenos Banking Cloud to meet the technology needs of organizations offering BaaS from licensed banks to specialist BaaS providers servicing brands or fintechs. With Temenos Banking Cloud incumbent and non-incumbent banks as well as BaaS providers can establish and scale their BaaS......
Accumulate Protocol Testnet Goes Live as New, Decentralized Way to Manage Digital Identity
Artificial Intelligence Featured Technology

Ice Breaking With AI, ML And DL

Pooja Choudhary
by Pooja Choudhary0
The terms Artificial Intelligence, Machine Learning, Deep Learning, and Data Science are prevalent in the current era. Additionally, it is more essential to comprehend what it is and the distinction between them. Despite the fact that these terms may be closely related, there are differences among them. Application and impact......
Hawk AI Accelerates Global Expansion With $17 Million Series B
Artificial Intelligence News

Hawk AI Accelerates Global Expansion With $17 Million Series B

Fintech News Desk
by Fintech News Desk0
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including......
Temenos Launches Next-Generation AI-Driven Corporate Lending to Help Banks Tap Global Corporate Credit Growth
Banking Lending News

Temenos Launches Next-Generation AI-Driven Corporate Lending to Help Banks Tap Global Corporate Credit Growth

Fintech News Desk
by Fintech News Desk0
Unified loan servicing simplifies complex loan processing and the end-to-end loan lifecycle management; one of multiple developments across lending, trade finance and cash management Temenos launched the next generation of its AI-driven, Corporate Lending solution to enable banks to consolidate global commercial loan portfolios and unify servicing all on the......
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