Search Results for: Traditional banks

The Fintech Fueling Europe's Digital Currency Revolution: Perfinal's Role in Europe's first Live CBDC Project
Cryptocurrency Fintech News

The Fintech Fueling Europe’s Digital Currency Revolution: Perfinal’s Role in Europe’s first Live CBDC Project

PR Newswire
by PR Newswire0
Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial......
Analytics Artificial Intelligence Featured Finance Fintech Primers

AI Dynamics In Financial Services- WEF

Pooja Choudhary
by Pooja Choudhary0
In this data-rich industry, every aspect of AI dynamics matters. There are several uses for AI in the financial sector. Perhaps the greatest benefit of artificial intelligence is the vast potential for automation it offers. Therefore, financial institutions may benefit from automation in many ways that boost production and efficiency.......
Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending
Lending News

Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending

Business Wire
by Business Wire0
Farmers Insurance Federal Credit Union (FIGFCU), the credit union serving predominantly members of the Farmers Insurance community, announced its partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to consumers across the country. “Farmers Insurance Federal Credit Union is committed to help more people live......
Virtu Financial and InvestorLink Announce Strategic Alliance to Provide Global Retail Access to Primary Markets
Fintech News

Virtu Financial and InvestorLink Announce Strategic Alliance to Provide Global Retail Access to Primary Markets

GlobeNewswire
by GlobeNewswire0
Alliance aims to address retail investors’ growing demand for greater access A global network of retail brokers will have access to InvestorLink’s primary market technology using Virtu’s technology Virtu Financial, a leading global provider of financial services, market making and technology solutions, and InvestorLink, a primary market workflow technology provider,......
Ex-Singapore Parliamentarian's Swiss Company Launches Swiss Franc and Euro Stablecoins
Blockchain News

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Fintech News Desk
by Fintech News Desk0
VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country’s financial services watchdog Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG, will be issuing two stablecoins – a Euro-backed stablecoin AEUR,......
Staying Ahead of Payments Fraud with Artificial Intelligence
Artificial Intelligence Digital Payments Guest Posts

Staying Ahead of Payments Fraud with Artificial Intelligence

Debbie Guerra
by Debbie Guerra0
The rise of real-time payments across the world has contributed billions to the global economy and acted as a strong positive force of financial inclusion for underserved communities. The U.S. is currently at an inflection point, as July’s launch of the Federal Reserve’s FedNow Service is expected to support much......
Unlocking Private Equity’s Value: Powering Performance with Proactive Procurement Strategies
Analytics Guest Posts

Unlocking Private Equity’s Value: Powering Performance with Proactive Procurement Strategies

Pierre Laprée
by Pierre Laprée0
Private Equity firms, like many other companies, have been preparing for a potential economic downturn since the last one in 2020. But by driving the right processes and tools within their portfolio companies, they can get a leg up on their peers. Smart business leaders understand that negotiating contracts with......
The Cryptocurrency Mining Company Xgminer’s Computing Power Is on the Verge of Breaking Through 5.6 EiB
Cryptocurrency News

The Cryptocurrency Mining Company Xgminer’s Computing Power Is on the Verge of Breaking Through 5.6 EiB

GlobeNewswire
by GlobeNewswire0
In the latest news, the computing power of the cryptocurrency mining company Xgminer has neared 5.6 EiB. This milestone comes just about two months after the Xgminer development team’s celebratory tweet on May 21st, heralding the platform’s entire network’s effective computational power officially surpassing 5 EiB. The astonishing pace of this growth,......
Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders
Compliance management News Risk Management

Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders

Business Wire
by Business Wire0
Kevin Wilzbach also notes fair lending practices likely to be under increased focus After this spring’s rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both traditional and non-bank......
Canadian Financial Institutions Have Ample Opportunity to Meet the Needs of the Modern, Digital Consumer
Banking Fintech News

Canadian Financial Institutions Have Ample Opportunity to Meet the Needs of the Modern, Digital Consumer

GlobeNewswire
by GlobeNewswire0
Javelin Strategy & Research Names Best in Class and Leaders in Canadian Digital Banking in Latest Scorecard Report Javelin Strategy & Research released its 2023 Canadian Digital Banking Scorecard. The third edition of the scorecard underscores the opportunities for each of the seven largest retail financial institutions in Canada to......
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