Search Results for: commercial

Google Cloud Launches AI-Powered AML Product for Financial Institutions
Artificial Intelligence News

Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

PR Newswire
by PR Newswire0
HSBC found AML AI identified 2-4x more suspicious activity, while reducing alert volumes by more than 60%  Google Cloud announced the launch of Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering. Money laundering is a......
Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions
Fintech News

Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions

GlobeNewswire
by GlobeNewswire0
Leading Global Biometric Authentication Company, Aware, to Showcase Scalable, User-Friendly and Fraud-Resistant Solutions for Brazilian Banks and FinTech’s at Febraban Tech 2023 In recent years, Latin America has been digitizing their financial services sector faster than anywhere else across the globe. However, as a result, the region has also experienced a corresponding......
Coastal Community Bank is Making its First Move towards the Metaverse with 3D Game and Marketplace
Banking News

Coastal Community Bank is Making its First Move towards the Metaverse with 3D Game and Marketplace

GlobeNewswire
by GlobeNewswire0
Coastal Financial Corporation, the Bank holding company for Coastal Community Bank, is making its first move towards the Metaverse. The Bank Holding Company revealed Coastal World, an immersive 3D web platform that promotes, educates, and informs visitors about digital banking solutions that best fit their lifestyle, values, or specific financial......
Keystone Bank Partners with MANTL to Enhance its Deposit Onboarding Experience
Banking News

Keystone Bank Partners with MANTL to Enhance its Deposit Onboarding Experience

Business Wire
by Business Wire0
This partnership will empower Keystone Bank to launch online business deposit account opening for the first time to better serve commercial customers and deliver a best-in-class digital experience Keystone Bank, one of the fastest-growing banks in Central Texas, announced a partnership with MANTL, a leading provider of account origination solutions,......
SwiftConnect and Cureoscity Transform Workplace Experiences with Employee Badge in Apple Wallet
Digital Wallet News

SwiftConnect and Cureoscity Transform Workplace Experiences with Employee Badge in Apple Wallet

PR Newswire
by PR Newswire0
With the total number of digital wallet users expected to exceed 5 billion in 2026, adoption is being driven by a surge in super apps – such as workplace apps that centralise tenant experiences. SwiftConnect, a leading provider of connected access enablement, and Cureoscity, a leading occupier experience and property management platform, announced......
ACI Readies European Banks and Merchants for Instant Payments
Digital Payments News

ACI Readies European Banks and Merchants for Instant Payments

Fintech News Desk
by Fintech News Desk0
Banks across Europe are working to comply with the proposed EC Mandate on Instant Payments, with just 12 months to comply from when the Mandate is confirmed ACI enables European banks to connect to their domestic instant payments scheme or to pan-European schemes TIPS and RT1 through its market-leading ACI......
Travelex Launches FX Partnership with Bank of New Zealand
Banking Currency Exchange News

Travelex Launches FX Partnership with Bank of New Zealand

Fintech News Desk
by Fintech News Desk0
Partnership enables over 1.2m BNZ customers to access discounted travel money, with thousands of customers already served Travelex, the market leading foreign exchange brand in New Zealand, has launched an FX affiliate referral programme with long term bank partner BNZ, enabling BNZ’s 1.2m customers to access discounted travel money. The......
TDK Ventures Expands Into Europe; Will Use New $150-Million Fund EX1 to Invest in Clean-Tech Startups
Fintech Funding News

TDK Ventures Expands Into Europe; Will Use New $150-Million Fund EX1 to Invest in Clean-Tech Startups

PR Newswire
by PR Newswire0
TDK Ventures’ mission and values to invest in climate tech startups align with Europe’s ambitious goals to reduce greenhouse gas emissions by 50% and reach net-zero emissions by 2050 TDK Corporation announced that subsidiary TDK Ventures Inc., its corporate venture capital arm, is expanding into the European market with plans to invest......
Moniepoint Empowers Nigeria's Underbanked Businesses With Financial Services Enabled by Google Cloud
Banking News

Moniepoint Empowers Nigeria’s Underbanked Businesses With Financial Services Enabled by Google Cloud

PR Newswire
by PR Newswire0
By leveraging Google Cloud’s scalable infrastructure, Moniepoint is able to process USD 14 Billion worth of financial transactions on a monthly basis, providing secure and low latency banking services to Nigeria’s small and medium sized businesses in remote areas and communities Google Cloud announced a new collaboration with Moniepoint, an Africa-focused business banking platform that provides......
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