Search Results for: AI-based

First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
Banking Finance News

First Citizens Bank Provides $16 Million in Financing to FitLife Brands

PR Newswire
First Citizens Bank announced that its Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska. The financing includes a $12.5 million term loan for FitLife’s strategic acquisition of Mimi’s Rock, an e-commerce wellness company that owns brands in the nutritional supplement......
Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.
Investment Services News

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Business Wire
Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares Siebert Financial Corp. announced that it has entered into an agreement......
Uphold To Launch New Fiat-to-Crypto On Ramp
Digital Asset Management News

Uphold To Launch New Fiat-to-Crypto On Ramp

PR Newswire
The Topper On Ramp will Target Higher Approval Rates and Generate More Revenue for Web3 Projects Uphold, the Web3 financial platform, announced Topper, a new fiat-to-crypto on ramp. Topper is designed to provide a simple way for users to buy crypto via credit or debit cards and send the crypto......
True Digital Group and Mid-Size Bank Coalition of America Announce Partnership
Banking News

True Digital Group and Mid-Size Bank Coalition of America Announce Partnership

Business Wire
More than 100 banks can leverage True Digital’s platform to better discover, perform diligence and manage vendor relationships True Digital Group, provider of the industry’s first-of-its-kind vendor discovery and performance platform that specifically enables financial institutions to more effectively partner with technology vendors, announced it has formed a partnership with the Mid-Size......
Major B2B Global Research Study Finds Safety, Trust, and Customer Experience are Crucial for Success in a Competitive and Dynamic B2B Marketplace
B2B News

Major B2B Global Research Study Finds Safety, Trust, and CX are Crucial for Success in a Competitive and Dynamic B2B Marketplace

PR Newswire
Merkle’s third B2B Superpowers Index reveals profound shifts in the B2B sector and delivers actionable advice for driving growth and competitive advantage through world-class experiences Merkle, dentsu’s leading technology-enabled, data-driven customer experience management (CXM) company, launched its global B2B Superpowers Index; the guide for brands endeavoring to deliver exceptional B2B experiences......
HSBC Launches AI-Powered Equity Index Using AWS
Artificial Intelligence Investment Services News

HSBC Launches AI-Powered Equity Index Using AWS

Business Wire
Global investment strategy regularly rebalances portfolio with the aim of providing capital appreciation, inflation protection and stable fixed income returns HSBC announced the launch of the HSBC AI Global Tactical Index (HSBC AIGT), which will use machine learning powered by Amazon Web Services, Inc. in conjunction with equity investing. The......
15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
New Technological Advancements In The Financial Services Industry
Artificial Intelligence Featured Finance Technology

New Technological Advancements In The Financial Services Industry

Pooja Choudhary
In this article, we shall be discussing new tech advancements in the financial sector domain. Five startups in AI domain have been taken as an example to illustrate the tech know-how with their USP highlighted. Below is one on one description along with the author’s screenshot of the same highlighting......
Hearsay Unveils Content+, the Only AI-Powered Content Solution Tailored to the Unique Needs of Financial Services Organizations
Artificial Intelligence Finance News

Hearsay Unveils Content+, the Only AI-Powered Content Solution Tailored to the Unique Needs of Financial Services Organizations

Business Wire
Hearsay breaks new ground with AI-based content recommendations and enhanced curation of third-party, compliant content Hearsay Systems, the trusted global leader in digital client engagement for the financial services industry, announced Content+. With Hearsay Content+, digital content administrators can design, manage and curate exclusive, compliant third-party content collections within Hearsay Social......
SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners
Artificial Intelligence News

SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners

Business Wire
Agreement Fuels Company’s Plans for Sustained Rapid Growth and Innovation and Includes Ability to Upsize to $125 Million SoundHound AI, Inc., a global leader in voice artificial intelligence, announced that it closed a new $125 million loan facility, with $100 million fully-funded at closing, from Atlas Credit Partners. “We believe......
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