Search Results for: AI technology

Slide Insurance Raises Additional $35 Million of Capital
InsurTech News

Slide Insurance Raises Additional $35 Million of Capital

Business Wire
by Business Wire0
Investment Fortifies Financial Position of Florida-Based Insurtech Slide Insurance, a full-stack insurtech focused on homeowners insurance, announced the closing of a $35 million senior credit facility with Regions Bank. “Regions has a long track record of success with growth-oriented companies in the property and casualty insurance industry” “Securing the capital......
New Bakkt Study Reveals Sustained Crypto Interest as Consumers Seek Regulatory Clarity
Cryptocurrency Fintech News

New Bakkt Study Reveals Sustained Crypto Interest as Consumers Seek Regulatory Clarity

Business Wire
by Business Wire0
Fintechs are an appealing entry point for the Crypto Curious and the next wave of adopters Bakkt Holdings Inc released findings from its “Bi-Annual U.S. Consumer Crypto Sentiment Study” of more than 2,000 U.S. consumers who own crypto or are interested in crypto, examining their sentiments, adoption and usage, along......
Cross River Bank and Fintainium Expand Fintech Payment Offerings
Digital Payments Fintech News

Cross River Bank and Fintainium Expand Fintech Payment Offerings

Business Wire
by Business Wire0
Partnership empowers businesses with flexible payment options to facilitate growth Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will provide a range of payment......
Volt Raises $60 Million Series B Round Led By Silicon Valley Investor IVP
Digital Payments News

Volt Raises $60 Million Series B Round Led By Silicon Valley Investor IVP

Business Wire
by Business Wire0
US VC investment reinforces confidence in the UK’s fintech sector by supporting Volt’s product development and international expansion beyond Europe Volt, the company building the global infrastructure for real-time payments, announces that it has raised a $60 million Series B to fund expansion into new international markets such as APAC......
SAP Fioneer Launches Tailored SME Banking Offering
Banking News

SAP Fioneer Launches Tailored SME Banking Offering

PR Newswire
by PR Newswire0
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of small and medium-sized enterprises......
ESG Sets to Prompt Sustainable Future for Digital Payment Ecosystem, Finds Astra ESG Solutions
Digital Payments News

ESG Sets to Prompt Sustainable Future for Digital Payment Ecosystem, Finds Astra ESG Solutions

PR Newswire
by PR Newswire0
Financial institutions and technology vendors have repurposed their strategies on digital payments—more so—on the back of a dip in physical cash. Add to it the technological innovations that have leveraged online banking. Cash may still be the king; electronic payment, however, is giving a run for the money. An exponential rise......
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......
Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation
News Security

Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation

PR Newswire
by PR Newswire0
Creates Blueprint for How Financial Institutions Can Significantly Strengthen the Security and Privacy of Customer Interactions While Also Dramatically Improving CX Journey.ai, Inc, a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the......
RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen's Trade and Supply Chain Finance Solution
Finance News

RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen’s Trade and Supply Chain Finance Solution

PR Newswire
by PR Newswire0
UAE-based bank to automate its processing of transactions across trade and international business finance for delivering enhanced customer experience Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the UAE market, has selected Newgen’s Trade and Supply Chain Finance (SCF) solution......
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