Search Results for: banking processes

Five Credit Unions Partner with MDT to Increase Efficiencies, Enhance Member Service
Fintech News

Five Credit Unions Partner with MDT to Increase Efficiencies, Enhance Member Service

Business Wire
by Business Wire0
Credit unions select CUSO for robust core, ecosystem of complementary solutions Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry to provide a private cloud alternative for core processing and IT needs, announced that Great NorthWest FCU, Sentry Credit Union, Georgetown Kraft Credit Union,......
ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State and Local Government Agencies Do Business
Investment Services News

ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State

Business Wire
by Business Wire0
ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for public funds, announced it closed its first institutional growth capital funding round of $95 million. Guidepost Growth Equity led the raise which included Education Growth Partners (EGP) and Lazard Family Office Partners. The investment builds on ClassWallet’s rapid growth and supports its continued efforts......
Gate.io to Upgrade Proof of Reserves Method with Zero-Knowledge Technology
Cryptocurrency News

Gate.io to Upgrade Proof of Reserves Method with Zero-Knowledge Technology

PR Newswire
by PR Newswire0
Gate.io, a leading cryptocurrency exchange, announces its plan to upgrade its Proof of Reserves (PoR) guarantees by integrating zero-knowledge (ZK) proof technology. This innovation is expected to bolster the privacy and security of users’ asset verification processes during PoR validation. A Pioneer in Proof of Reserve Cryptocurrency exchanges have long grappled with concerns over......
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.......
Wirex Selects Sumsub For Virtual Asset Travel Rule Compliance and Transaction Monitoring Solutions
Digital Payments News

Wirex Selects Sumsub For Virtual Asset Travel Rule Compliance and Transaction Monitoring Solutions

PR Newswire
by PR Newswire0
Wirex partners with Sumsub to ensure regulatory compliance with upcoming virtual asset service provider (VASP) Travel Rule obligations and ongoing transaction monitoring A digital payment company Wirex has partnered with Sumsub, a global full-cycle verification platform. Sumsub will provide Wirex with its Transaction Monitoring capabilities, Travel Rule compliance solutions for......
Artificial Intelligence B2B Business Featured Finance Fintech Primers

Harnessing the Power of AP Automation for Businesses

Pooja Choudhary
by Pooja Choudhary0
For a data nerd like myself, this article combines some intriguing information splices and dices with perfect data sanity. What can we learn from this? Scroll down now. Automation is not just a commonly used term, but it is also an essential element. In essence, automation technology usage has increased......
Dock in Chile: Brazilian B2B Company is Behind Digital Bank Tenpo's Credit Card Technology
B2B Banking News

Dock in Chile: Brazilian B2B Company Is Behind Digital Bank Tenpo’s Credit Card Technology

PR Newswire
by PR Newswire0
Dock, a B2B technology company for payments and banking, announced that Tenpo, Chile’s largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company. Dock’s expertise and infrastructure is behind the issuing and processing technology that Tenpo is using for its recently launched credit cards.......
AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
Artificial Intelligence News Risk Management

AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

Business Wire
by Business Wire0
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter......
MPOWER Financing Completes B Corporation Certification
Finance Fintech News

MPOWER Financing Completes B Corporation Certification

PR Newswire
by PR Newswire0
This milestone reflects MPOWER’s continued commitment to socio-economic mobility for bright minds across the globe MPOWER Financing, a mission-driven fintech firm and a leading provider of scholarships and no-cosigner loans to promising students from around the world, announced that it has completed a 2-year process to become a Certified B......
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