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The Power of AI: Three Ways Banks Are Utilizing AI To Drive Innovation, Personalization and Revenue

Mathias Mercier
by Mathias Mercier0
Open banking is transforming how banks operate, by enabling the seamless and secure transfer of financial data between banks, financial institutions, fintechs and other third-party providers. And most banks recognize that open banking is more than providing access to data–it’s powering innovation, creating better experiences for customers and, ultimately, driving......
Alkami Releases 2024 Generational Trends in Digital Banking Study
Banking News

Alkami Releases 2024 Generational Trends in Digital Banking Study

PR Newswire
by PR Newswire0
Study finds that millennials are 56% more likely to grow their relationship with their primary financial institution over the next twelve months than Gen Xers and baby boomers Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of its latest research, the Generational......
FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application
Banking Fintech News

FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application

Business Wire
by Business Wire0
FIS® Digital One™ Flex Mobile 6.0 is a new mobile banking application tailored for financial institutions. The solution enables banks to serve the evolving demands of customers as digital experiences change. New functionality includes enhanced user experience, security, and money movement capabilities Global financial technology leader FIS has launched an enhanced......
NetXD Expands its Collaboration with Visa B2B Connect to Enable Banks to Launch Cross-Border Payments in Asia and Other Markets
B2B Digital Payments News

NetXD Expands its Collaboration with Visa B2B Connect to Enable Banks to Launch Cross-Border Payments in Asia and Other Markets

Business Wire
by Business Wire0
NetXD’s payments-as-a-service offering enables banks to launch with Visa B2B Connect in a matter of weeks NetXD is excited to announce the expansion of its collaboration with Visa B2B Connect to onboard banks in Asia after successfully onboarding several banks across 8 countries in Europe and the Americas. NetXD’s payments-as-a-service offering......
Swift Standardises Payments End-to-End and Gives Banks Ready-to-Use Tracking Services to Enhance Corporate Experience
Digital Payments News

Swift Standardises Payments End-to-End and Gives Banks Ready-to-Use Tracking Services to Enhance Corporate Experience

Business Wire
by Business Wire0
Swift has set out plans to help financial institutions streamline the cross-border payments experience for their corporate customers, by extending ISO 20022 across the entire payment chain and giving banks ready-to-use, white-labelled tracking services that can be activated for customers at the click of a button. In what marks a......
8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed
Banking Finance Fintech News

8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed

Business Wire
by Business Wire0
Banks continue to see strong levels of customer acquisition via digital channels; 42% registered for an account via an app, 35% via website, Onfido survey shows. Users find digital identity verification both secure (81%) and convenient (88%), highlighting that security and convenience can and should go hand in hand. Integrating......
Alchemy Pay Set to Launch Web3 Digital Banking Solution for Enterprises
Banking Digital Payments News

Alchemy Pay Set to Launch Web3 Digital Banking Solution for Enterprises

PR Newswire
by PR Newswire0
Alchemy Pay, the leading fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account, and facilitate seamless conversions between fiat and cryptocurrency. This......
Aeropay Announces $20M in Series B Financing, Further Solidifying Position as a Leader in U.S. Open Banking & A2A Payments
Banking Digital Payments News

Aeropay Announces $20M in Series B Financing, Further Solidifying Position as a Leader in U.S. Open Banking & A2A Payments

PR Newswire
by PR Newswire0
Prominent Fintech Venture Capital Firm Group 11 Leads Round; Aeropay to Build on 10X Growth with Product and Market Expansions Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round, with participation from Chicago Ventures and......
Shastic Launches Mago: The Future of AI Banking Workforce for Community Financial Institutions
Banking News

Shastic Launches Mago: The Future of AI Banking Workforce for Community Financial Institutions

Business Wire
by Business Wire0
Shastic, the leading provider of workflow automation solutions for financial institutions, has announced its latest platform, Mago. This end-to-end AI workflow automation platform will revolutionize the industry by providing community banks and credit unions with state-of-the-art, AI banking workforces. Mago’s approach allows these institutions to dramatically expand their workforce capabilities......
AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program
Banking Finance Fintech News

AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program

GlobeNewswire
by GlobeNewswire0
Company’s BaaS to be used to support the commercial launch of InstaCash AppTech Payments Corp., a pioneering Fintech company powering frictionless commerce, announces today the successful completion of the pilot program for its Banking-as-a-Service (BaaS) platform. The Company will use this BaaS solution to commercially launch InstaCash, which utilizes the......
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