Search Results for: bank

Galileo Enables AI-Driven Conversational Banking Engine with Cyberbank Konecta-as-a-Service
Banking News

Galileo Enables AI-Driven Conversational Banking Engine with Cyberbank Konecta-as-a-Service

Business Wire
Financial institutions, fintechs, and non-financial brands alike can leverage custom-made AI engine to increase customer engagement and loyalty with reduced operational costs Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., is now offering Cyberbank Konecta, a conversational AI engine, in multiple......
Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients
Lending News

Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients

PR Newswire
SaaS-based service will allow banks to benefit from fast deployment of a highly flexible and comprehensive sustainability-linked lending solution designed in tandem with ESG lender banks Finastra announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service facilitates the integration of......
Banks See “Clear Potential and Value” in Swift’s Experimental CBDC Connector After Sandbox Collaboration
Blockchain News

Banks See “Clear Potential and Value” in Swift’s Experimental CBDC Connector After Sandbox Collaboration

Business Wire
Swift innovation enables CBDCs to move seamlessly on existing financial infrastructure and efficiently scale for international transactions across more than 200 countries Swift announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value” in......
X9 Seeks Participants for New Research into Bank-held Crypto Asset Risks
Cryptocurrency Finance News

X9 Seeks Participants for New Research into Bank-held Crypto Asset Risks

Business Wire
The Accredited Standards Committee X9 Inc. announced that it is launching a research effort into the risks associated with crypto assets held by financial institutions. The initiative will develop a Technical Report that will be titled TR 60: Risk Assessment Framework for Bank Provided Crypto-Asset Custodial Accounts. The group seeks participants from......
Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank
Banking News

Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank

Business Wire
Company Considering How to Best Preserve Residual Value of its Assets Silvergate Capital Corporation, the holding company for Silvergate Bank, announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes. In light of recent industry and regulatory......
NovoPayment and Forrester Research Finds Small Banks and Credit Unions Filling Tech Stack and Talent Gaps with BaaS Partnerships
Banking Digital Payments News

NovoPayment and Forrester Research Finds Small Banks and Credit Unions Filling Tech Stack and Talent Gaps with BaaS Partnerships

PR Newswire
71% of digital transformation decision-makers said their customers seek capabilities that can’t be built into existing infrastructures NovoPayment, in collaboration with Forrester Consulting, released a new research report that reveals what’s slowing digitization efforts at smaller banks and credit unions, and signals a rise in leaders embracing banking-as-a-service (BaaS) partnerships to......
Lloyds Banking Group Invests £10 Million in Digital Identity Company Yoti
Banking Fintech News

Lloyds Banking Group Invests £10 Million in Digital Identity Company Yoti

PR Newswire
Lloyds Banking Group will support Yoti in developing a new, reusable digital identity proposition that will help combat the growing risks of identity fraud Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online,......
ACI Worldwide Partners with Philippines’ Security Bank Corporation to Transform the Bank’s Real-Time Payments Platform
Digital Payments News

ACI Worldwide Partners with Philippines’ Security Bank to Transform the Bank’s Real-Time Payments Platform

Business Wire
Security Bank utilizes ACI’s Enterprise Payments Platform to modernize payments infrastructure, bringing “Better Banking” promise to life ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, and Security Bank Corporation (Security Bank), a leading universal bank in Philippines, announced that the bank has chosen ACI Worldwide’s......
Banking Digital Payments Markets News

PwC and FintechOS Launch Microsoft Cloud For Financial Services Digital Banking Solution.

Fintech Staff Writer
With the goal of supporting PwC’s new digital banking solution, Infinite Financial Solutions for Banking, FintechOS, a pioneer in fintech enablement, will work with PwC. The solution enables financial institutions to accelerate digital transformation and improve customer experience in a cost-effective manner thanks to Microsoft’s Cloud for Financial Services and......
American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses
Analytics Banking Business Finance News

The CFPB Finds Illegal Junk Fees On Bank Accounts, Mortgages, Student Loans, And Auto Loans.

A special edition of Supervisory Highlights, published by the Consumer Financial Protection Bureau (CFPB) today, details illegal trash fees discovered in deposit accounts and across a variety of loan servicing sectors, including mortgage, student loan, and payday lending. Even for consumers who are financially knowledgeable, it can be difficult to......
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