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Stock Market

How Facebook’s $120 billion loss ranks among the biggest one-day stock disasters

Neha Altekar
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It......
Artificial Intelligence B2B Banking Digital Payments Finance Fintech Interviews

Global Fintech Series Interview with Kirsten Longnecker, CMO at Plinqit

Paroma Sen
Kirsten Longnecker, CMO at Plinqit talks about the latest in fintech and how Gen Z is shaping a new era for the global fintech market in this Q&A: ____________ Hi Kirsten, please tell us about your fintech journey and time as CMO of Plinqit. I got my start in fintech......
Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada
Finance Fintech Lending News

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada

Business Wire
The new capital, including funding from Shopify founder Tobi Lütke and Slack founder Stewart Butterfield, will accelerate the expansion of Neo Financial’s suite of innovative financial services products, offering competitive alternatives to traditional banks Neo Financial (“Neo”), a leading Canadian financial technology company, announced today their CAD $360 million Series......
Auquan Raises $4.5 Million to Automate Deep Work in Finance With AI
Artificial Intelligence Finance News

Auquan Raises $4.5 Million to Automate Deep Work in Finance With AI

Business Wire
Auquan’s AI Agents Turn Days of Manual Knowledge Work Into Minutes of High-Level Analysis Auquan, an AI innovator for financial services, announced a $4.5 million addition to their seed round, led by Peak XV with continued participation from Neotribe Ventures, bringing total seed funding to $8 million. Auquan is the first AI......
Cashing in: Study shows banks investing big in GenAI, and it's paying off
Artificial Intelligence Banking Finance Fintech News

Cashing in: Study shows banks investing big in GenAI, and it’s paying off

PR Newswire
Banking tops other industries in adopting the technology for marketing, risk management, customer service and more A new report on the use of generative AI in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated......
Ramp Launches App Center, Pioneering an Open Ecosystem for Financial Operations
Banking Fintech News

Ramp Launches App Center, Pioneering an Open Ecosystem for Financial Operations

PR Newswire
Ramp, the financial operations platform designed to save businesses time and money, launched the Ramp App Center: a central hub offering best-in-class tools for finance organizations. The App Center allows developers to build integrations directly into Ramp’s platform, giving its 25,000+ customers one-click access to a wide range of tools......
Digital Payments Finance Fintech Guest Posts Risk Management Security

Ensuring PCI DSS Compliance in Finance

Pukar Hamal
By Pukar Hamal, Founder and CEO at SecurityPal Payment card fraud is projected to hit $13.73 billion by the end of 2024. Can PCI DSS prevent such massive losses? In 2013, hackers stole data from 40 million credit and debit cards at Target, costing the company $292 million. Investigators found......
Featured Finance Fintech Risk Management Security

The Impact of Real-Time Data Integration on Financial and Insurance Industry Analytics

Fintech Staff Writer
Data has become a crucial asset for driving decision-making, risk management, and customer experience. One of the most transformative advancements in recent years is the adoption of real-time data integration. This technology enables businesses to consolidate and analyze data from multiple sources instantaneously, allowing for more responsive and accurate insights.......
Oracle Helps Financial Institutions Manage Balance Sheet Risk and Fuel Growth in New Treasury and Finance Solutions
Finance Fintech News

Oracle Helps Financial Institutions Manage Balance Sheet Risk and Fuel Growth in New Treasury and Finance Solutions

PR Newswire
Solutions enable banks with deep insights and complex reporting on profitability, interest rate risk, and balance sheet trends Helping financial institutions boost profitability, grow revenue, and manage balance sheet risk, Oracle announced Oracle Financial Services Profitability and Balance Sheet Management Cloud Services. With Asset Liability Management, Cash Flow Engine, Funds Transfer......
Intuit Unveils New AI-driven Expert Platform Experiences at Investor Day 2024
Artificial Intelligence Fintech News

Intuit Unveils New AI-driven Expert Platform Experiences at Investor Day 2024

Business Wire
New innovations connect products across Intuit’s platform to deliver seamless, done-for-you experiences for consumers and businesses Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, shared the company’s strategy at Investor Day and unveiled new AI-powered innovations that help consumers make smart money decisions year-round and fuel business......
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