Search Results for: AI technology

Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico
debt collection Fintech News

Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico

PR Newswire
by PR Newswire0
Stori, the most recent Mexican unicorn, has received an additional $50M credit line from Community Investment Management and reached the important milestone of 2 million credit card customers Stori, the Mexican fintech unicorn, has received an additional $50 million credit line from impact-focused, debt capital provider Community Investment Management (“CIM”) and has achieved......
Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services
Banking News

Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services

PR Newswire
by PR Newswire0
Adyen increases the velocity of funds movement ‘untrapping’ 1 – 3 days worth of cash flow per customer empowering businesses and accelerating payments to end users Adyen, the global financial technology platform of choice for leading businesses, announces the launch of Payout Services. This offering enables Adyen’s customers to payout......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Kasisto Launches KAI-GPT, the First Banking Industry-Specific Large Language Model
Artificial Intelligence Banking News

Kasisto Launches KAI-GPT, the First Banking Industry-Specific Large Language Model

Business Wire
by Business Wire0
First generative AI application to run on KAI-GPT is KAI Answers, a conversational response system for complex financial documents Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, announced the launch of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s......
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
Mortgage News

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

PR Newswire
by PR Newswire0
SouthState Bank announced the introduction of a new mortgage option called the “Opportunity Advantage Loan Fund” that is designed to help qualified low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home. SouthState has allocated a sum of $10 million that will be drawn from over a......
Equiti Group Acquires Digital Payment Technology Provider Cloud Invest
Digital Payments News

Equiti Group Acquires Digital Payment Technology Provider Cloud Invest

PR Newswire
by PR Newswire0
Equiti Group has announced its acquisition of Cloud Invest, a digital payment technology provider. Equiti Group CEO and Co-founder, Iskandar Najjar, said: “As part of Equiti’s strategic expansion plans, we are excited to move into the digital payment and services space, allowing for operational efficiencies and new revenue segments. Synergies between......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project
debt collection News

Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project

GlobeNewswire
by GlobeNewswire0
Exclusive Financial Advisor for Limited Recourse Debt Financing to Fund Majority of First Commercial Project Standard Lithium Ltd., a leading near-commercial lithium company, has signed a mandate with BNP Paribas (BNP) to act as exclusive financial advisor to the Company in connection with limited recourse debt financing. The debt financing will......
Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening
Digital Payments Fintech News

Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening

Business Wire
by Business Wire0
Paris-based fintech adopts ThetaRay’s AI-powered AML transaction monitoring and customer screening solution to boost the onboarding process Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth. “ThetaRay’s sophisticated......
Embedded Finance and AI: Path to Efficiency or Crack in Security?
Artificial Intelligence Banking Digital Payments Featured News

Embedded Finance and AI: Path to Efficiency or Crack in Security?

Fintech Staff Writer
by Fintech Staff Writer0
Artificial intelligence (AI) offers the potential to streamline crucial processes in embedded finance, such as KYC and AML. However, the main challenge for experts seeking to leverage AI solutions is to ensure that increased efficiency does not come at the cost of compromised security or bias in decision-making. Since artificial......
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