Search Results for: banking and financial services

The Private Label Credit Card Market Resiled in 2021 and 2022
Finance Fintech News

The Private Label Credit Card Market Resiled in 2021 and 2022

Business Wire
After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022. This growth trend is expected to continue through 2025, with nominal purchase volume and card outstandings projected to increase by 9.8% and 9.7%, respectively, during the period. The report identifies six major......
Polish Mobile Payment System BLIK to Modernize and Expand into Romania and Slovakia with DXC Technology
Digital Payments News

Polish Mobile Payment System BLIK to Modernize and Expand into Romania and Slovakia with DXC Technology

PR Newswire
DXC to develop existing platform to drive new business opportunities in new markets DXC Technology, a leading Fortune 500 global technology services provider, will support Polish Payment Standard (PSP) in the expansion of its mobile payment system, BLIK, into Romania and Slovakia. DXC will modernize and adapt the BLIK central system to meet......
Hyper-personalization in Banking: The Tech Journey to Serving a Segment of One
Banking Finance Fintech Guest Posts

Hyper-personalization in Banking: The Tech Journey to Serving a Segment of One

Zur Yahalom
Today’s customers expect every brand, regardless of industry, to tailor products and offers not just to people like them, but to them specifically. Welcome to the era of hyper-personalization. While traditional personalization relies on demographic data to tailor products to customer segments, hyper-personalization leverages real-time data to create customized offers......
Capgemini Collaborates with Euroclear for Successful Launch of Digital Financial Market Infrastructure (D-FMI)
Digital Fintech News

Capgemini Collaborates with Euroclear for Successful Launch of Digital Financial Market Infrastructure (D-FMI)

Business Wire
Capgemini announced today the recent collaboration with Euroclear to successfully launch its Digital Securities Issuance (D-SI) service, the first key milestone of Euroclear’s Digital Financial Market Infrastructure (D-FMI) strategy. The service enables the issuance, distribution and settlement of fully digital international securities – Digitally Native Notes (DNN) – on distributed ledger......
New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact
Artificial Intelligence Fintech News

New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact

PR Newswire
Results show synthetic fraud cases rising by 17% over the past two years, driven by AI-generated identities. Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, in association with Wakefield Research, today released a study showing alarming trends in synthetic fraud growth. The study, which polled 500 fraud and risk professionals at financial services and fintech companies......
ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance
Artificial Intelligence Fintech News

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Business Wire
Speakers from Chubb, Allstate, Nationwide, Credit One Bank, Zions Bancorporation, Everyday Life, Hagerty and more will be featured at the ISG TechXchange: BFSI event, December 5 Banking, financial services and insurance (BFSI) institutions plan to leverage AI and other technologies to meet their top 2024 goals of improving customer experience,......
BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking
Finance Fintech News

BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking

Business Wire
BMA will now offer Bankjoy’s end-to-end digital banking platform to its financial institution clients BMA Banking Systems, a provider of core banking software and services to independent-minded community financial institutions, has selected Bankjoy, a leading digital banking provider as a preferred partner for online and mobile banking. Through the partnership, BMA’s......
Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023
Finance Fintech News

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023

PR Newswire
The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business Wealthfront, a leading consumer fintech and pioneer of the robo-advisor industry, is proud to announce that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young......
The AI-Driven Banking Surge Info-Tech Releases New Research on the Future of Small and Midsize Institutions
Banking News

The AI-Driven Banking Surge: Info-Tech Releases New Research on the Future of Small and Midsize Institutions

PR Newswire
Info-Tech Research Group’s latest findings highlight how AI’s transformative role in the banking industry will position banks for greater efficiency and service excellence through enhanced customer interactions and internal processes. In response to the rapid embrace of artificial intelligence (AI) and machine learning (ML) in the banking sector, especially with......
Veritran Research Reveals Technology Implementation is Critical to Financial Institutions' Success
Fintech News

Veritran Research Reveals Technology Implementation is Critical to Financial Institutions’ Success

PR Newswire
Community banks and credit unions must leverage digital tools to remain competitive and become the preferred bank for their customers Florida’s financial institutions have a particularly strong growth opportunity to capture the loyalty of the state’s rapidly growing and diverse population As the banking industry continues to undergo significant changes amid......
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