Search Results for: Financial institution

Survey: 92% of Financial Services Professionals See Positive ROI on XR Technology, with Privacy and Security being Crucial to Adoption
Fintech News

Survey: 92% of Financial Services Professionals See Positive ROI on XR Technology, with Privacy and Security being Crucial to Adoption

PR Newswire
by PR Newswire0
Survey shows that XR significantly improves skill development, customer experiences, and operational efficiencies, with 9 out of 10 surveyed highlighting the importance of strong privacy and security measures Premier virtual reality (VR) and extended reality (XR) company HTC VIVE has released a report on the financial service industry’s adoption of XR,......
Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats
Artificial Intelligence Finance Fintech News

Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats

Business Wire
by Business Wire0
Survey further reveals 42% of financial institutions that experienced API-related data breaches attribute the attacks to fraud, abuse, and misuse; majority (82%) concerned about regulatory compliance Traceable AI, the industry’s leading API security company, today released an in-depth report exposing the state of API security in the financial services industry.......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
by Art Mueller0
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant
Analytics Fintech News

Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant

Business Wire
by Business Wire0
Backed by Decibel and Point72 Ventures, Brightwave’s customers include firms and funds totaling over $120B AUM Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures,......
Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status
Finance Fintech News

Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status

Business Wire
by Business Wire0
Galileo Consumer Banking Report by Datos Insights uncovers the latest consumer banking behaviors and preferences 85% of consumers say they have positive experiences with their primary financial institution (FI), yet they’re using as many tools or services with other financial providers as they are with their primary FI, according to......
Artificial Intelligence Banking Blockchain Finance Fintech Interviews Investments

Global Fintech Series Interview with Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions

Paroma Sen
by Paroma Sen0
Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions chats about the latest innovations defining digital wallets and payment trends across the global fintech landscape: Hi Shantala, tell us about yourself and your fintech journey… Thank you for having me! I’ve been......
FIS Launches Climate Risk Financial Modeler to Help Clients Assess, Reduce and Report Risks Tied to Climate Change
Finance Fintech News

FIS Launches Climate Risk Financial Modeler to Help Clients Assess, Reduce and Report Risks Tied to Climate Change

Business Wire
by Business Wire0
FIS, a global leader in financial technology, today announced the launch of its Climate Risk Financial Modeler. The new SaaS risk offering aims to help businesses across all industries better assess, reduce and report their exposure to the physical risks of climate change. By unlocking FIS’ powerful risk modeling and......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
by PR Newswire0
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
Passthrough Expands Regulation & Compliance Efforts With Mark Mangion as Head of Financial Crime
Finance Fintech News

Passthrough Expands Regulation & Compliance Efforts With Mark Mangion as Head of Financial Crime

Business Wire
by Business Wire0
Today, Passthrough, a leader in fund workflow automation for investors, fund managers, and other fintechs, announced the addition of Mark Mangion to their team as Head of Financial Crime. Mangion is a Certified Anti-Money Laundering Specialist (CAMS) and Certified Fraud Examiner (CFE) who has a thirteen-year career in the financial crime......
Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments
Finance Fintech Investments News

Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments

PR Newswire
by PR Newswire0
New Research Uncovers Key Trends, Opportunities and Challenges for Institutional Investors in Alternative Investments Clearwater Analytics, a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the release of its 2024 State of Alternatives study. The report, encompassing over 230 executive participants from sectors including insurance, wealth......
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