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Artificial Intelligence Featured Finance Fintech Primers Machine Learning Technology

5 Amazing Examples Of AI And ML In The Financial Sector

Pooja Choudhary
by Pooja Choudhary0
“What used to take months or years has been reduced to days or weeks,” – Frank Fallon, VP, financial services at AWS Introduction The financial services industry has traditionally been a data production powerhouse, from stock trades to credit card purchases. Many banks and other financial institutions today use AI......
NMB Bank Tanzania and UnionPay International Promote Mobile Commerce Through QR Code Implementation in the East African Region
Digital Payments News

NMB Bank Tanzania and UnionPay International Promote Mobile Commerce Through QR Code Implementation

PR Newswire
by PR Newswire0
UnionPay International and NMB Bank Tanzania jointly announced, the UnionPay QR code payment is live at 30,000 merchants across Tanzania, enabling small and medium businesses to transact over mobile commerce across many sectors. This partnership comes at a time when the world is easing towards digital payment since Covid-19, resulting in......
Unicorn Ultra Introduces a New Approach and Presents Blockchain in a New Way
Blockchain Cryptocurrency News

Unicorn Ultra Introduces a New Approach and Presents Blockchain in a New Way

GlobeNewswire
by GlobeNewswire0
Unicorn Ultra, a cutting-edge blockchain ecosystem based on the Venture Builder model, has been newly launched in the cryptocurrency industry by capitalizing on the current downtrend market In the most recent development, Unicorn Ultra has taken advantage of changing market conditions to construct a strong ecosystem that assists builders. By......
Universal Monetary Unit, Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa
Digital Wallet News

Universal Monetary Unit, Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa

PR Newswire
by PR Newswire0
The Digital Currency Monetary Authority (DCMA) announced it is piloting a self-custody and completely private point-to-point digital cash implementation of Unicoin in Latin America and Africa. Electronic money and paper money are the two forms of societal legal money recognized by the banking industry. Electronic money is transacted through banks and financial......
FinPay Launches New Patient Admissions Enablement Platform, FinAdvisor, to Improve Efficiency and Enhance the Patient Experience
Finance News

FinPay Launches New Patient Admissions Enablement Platform, FinAdvisor, to Improve Efficiency and Enhance the Patient Experience

PR Newswire
by PR Newswire0
FinPay, a recognized leader in patient engagement and financial management, announced the launch of the FinAdvisor Platform, an advanced patient admissions enablement platform. This new simple-to-use platform delivers the healthcare provider’s admission team with actionable-data intelligence they need to make quick informed decisions before the patient admits. The team can......
Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security
Finance News

Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security

Business Wire
by Business Wire0
Serving 19 of the top 20 US based financial institutions, Convergint completes approximately 270,000 service requests in 2022 Convergint, a global leader in service-based systems integration, announced that its financial sector business achieved significant growth throughout 2022/2023. To meet customer demand, nearly 200 new technical colleagues were added to the......
CFPB Action to Require Citizens Bank to Pay $9 Million Penalty for Unlawful Credit Card Servicing
Consumer protection laws News

CFPB Action to Require Citizens Bank to Pay $9 Million Penalty for Unlawful Credit Card Servicing

Fintech News Desk
by Fintech News Desk0
Citizens failed to properly manage and respond to customers’ credit card disputes and fraud claims Today, the Consumer Financial Protection Bureau (CFPB) reached a settlement to resolve allegations that Citizens Bank violated consumer financial protection laws and rules that protect individuals when they dispute credit card transactions. The CFPB alleges......
WSFS Bank and Philadelphia Union Launch Co-Branded Debit Card
Banking News

WSFS Bank and Philadelphia Union Launch Co-Branded Debit Card

Business Wire
by Business Wire0
WSFS Bank, the primary subsidiary of WSFS Financial Corporation, and the Philadelphia Union announced the launch of a co-branded debit card. Latest Fintech Interview: Global Fintech Interview with Peter Barcak, CEO and Co-Founder at credolab “The Union shares our strong commitment to the Community and we look forward to continuing......
Business Digital Featured Fintech Fintech Primers

Best 6 Fintech Startups Transforming Business In 2023

Pooja Choudhary
by Pooja Choudhary0
“Huge.” “Surging.” “Very hot.” Those were just a couple of the terms financial news outlets used to describe the fintech market in 2023. If you’ve ever made a Venmo payment or used a robo-advisor for investing, you’re already somewhat familiar with the fintech and how it works. Summary Introduction The......
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