Search Results for: Legal technology

Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
Lucinity and Resistant AI Partner to Deliver Advanced AI-Powered FinCrime Prevention Solutions
Artificial Intelligence Finance Fintech News

Lucinity and Resistant AI Partner to Deliver Advanced AI-Powered FinCrime Prevention Solutions

PR Newswire
by PR Newswire0
Lucinity, an AI-powered FinCrime investigation platform, and Resistant AI, specialists in fraud and money laundering detection, have partnered to enhance financial crime detection. In 2023, $3.1 trillion in illegal transactions occurred globally, including more than $800 billion tied to drug trafficking, $350 billion to human trafficking, and $500 billion lost to fraud. This collaboration addresses limitations in current technology, providing enhanced detection and......
Australian-Founded Fintech Transforming Debt Collection in the USA Secures US$40M
Finance Fintech News

Australian-Founded Fintech Transforming Debt Collection in the USA Secures US$40M

Business Wire
by Business Wire0
Global debt collection fintech, InDebted, today announced the completion of its US$40 million Series C capital raise, valuing the company at greater than US$250 million. InDebted provides future-thinking organizations with a better alternative to traditional debt collection agencies. By using technology such as machine learning to personalize every collections journey,......
Paysafe Appoints Marianne Heiss as Non-Executive Director
Finance Fintech News

Paysafe Appoints Marianne Heiss as Non-Executive Director

Business Wire
by Business Wire0
Former CEO of BBDO Group Germany brings wide experience in finance, auditing, and brand building to Paysafe Board Paysafe Limited, a leading payments platform, today announced that it has appointed Marianne Heiss as a new independent non-executive board director and member of the Audit Committee effective today. Heiss joins as......
Survey: Only 16% of Organizations are Approaching the Next Frontier of Compliance
Finance Fintech News

Survey: Only 16% of Organizations are Approaching the Next Frontier of Compliance

GlobeNewswire
by GlobeNewswire0
Survey of global CFOs and compliance professionals reveals the adoption of a strategic risk navigation approach may be critical to greater business agility and job satisfaction Today, FloQast, an Accounting Transformation Platform created by accountants for accountants, announced the results of Exploring Strategic Compliance: The Next Frontier, the company’s latest......
VerityPay Expands Market Reach with Strategic Partnership with FarSuperior Partners for Dividend Payment Processing
Digital Payments Fintech News Payment gateways

VerityPay Expands Market Reach with Strategic Partnership with FarSuperior Partners for Dividend Payment Processing

EIN Presswire
by EIN Presswire0
VerityPay, a pioneering force in automated business-to-consumer (B2C) payment solutions, is thrilled to announce a strategic partnership with FarSuperior Partners (FSP), an Arizona-based consumer advocacy CO-OP serving millions of consumers. This collaboration marks a significant milestone in revolutionizing dividend payment processing, setting new standards for efficiency and security. As FarSuperior......
IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment
Banking Finance Fintech News

IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment

PR Newswire
by PR Newswire0
New findings from IBM’s Institute for Business Value and the Banking Industry Architecture Network (BIAN), with contributions from the SME Finance Forum managed by the International Finance Corporation (IFC), revealed that despite the significant role small to medium-sized enterprise (SME) plays in the global economy, banks may be missing an......
Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI
Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
by PR Newswire0
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPT™, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
by Prajakta Ayade0
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
HTX Announces Strategic Partnership with IBEX to Jointly Promote Global Bitcoin and Lightning Network Applications
Blockchain Cryptocurrency Digital Asset Management Finance Fintech News

HTX Announces Strategic Partnership with IBEX to Jointly Promote Global Bitcoin and Lightning Network Applications

PR Newswire
by PR Newswire0
HTX, a global leading platform for digital assets, recently announced a strategic partnership with IBEX, a Fintech at the forefront of Bitcoin Lightning Network innovation that leverages the Bitcoin and Lightning Network protocols to offer global settlement solutions. Through the deep integration of Lightning Network technology, this collaboration aims to enhance the payments efficiency, reduce......
1