Search Results for: banking
Anne Yang, Former Managing Director & Member of the Executive Office at Goldman Sachs, Joins Star Mountain as a Partner & Strategic Portfolio Manager
Star Mountain Capital, LLC (“Star Mountain”), an investment manager focused exclusively on the large and underserved U.S. lower middle-market, is pleased to announce that Anne Yang has expanded her role from Senior Advisor to Partner & Strategic Portfolio Manager. With decades of strategic advisory experience to leading corporations and asset......
Paxos Introduces Paxos Crypto Brokerage Service to Power Digital Asset Buying and Selling in Any Product
Revolut US is First Customer to use Paxos Crypto Brokerage Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications. Paxos Crypto Brokerage is......
Informa Launches Tool to Design Mobile and Desktop Apps
Informa Financial Intelligence has added a new feature to its ‘Digital Banking Hub’ platform that allows banks, credit unions and fintechs to build visual collections of best-in-class competitor capabilities from across the industry. The new “My Collection,” tool enables users to aggregate, save and share galleries of best-in-class journey screenshots......
MX Announces Money Experience Summit 2020
MX, the leading financial data platform helping organizations harmonize the money experience, announced Money Experience Summit 2020, an exclusive, two-day online event for leaders in the banking and fintech industry to be held Sept. 1-2, 2020. The first-annual event will feature four inspiring keynote speakers, 30+ breakout sessions from industry......
Bond Raises $32M Series A
Bond Financial Technologies, Inc., a company building an enterprise-grade financial technology platform, announced it has raised a $32M Series A to connect digital brands to banking partners without the friction that has beset early movers in fintech. Coatue led the investment round, with participation from existing seed investor Canaan and new strategic......
Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance......
ACI Worldwide Accelerates Real-Time Payments Modernization with New Digital Overlay Services
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced it is accelerating real-time payments modernization for its customers globally through new digital overlay services. ACI, through collaboration with Mindgate Solutions, now delivers value-added digital overlay services through its UP Real-Time Payments solution, enhancing customer experience......
Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant
Giants have fallen when they reacted too slowly to changing consumer needs. Kodak, despite developing the first digital camera, did not believe digital photography would dominate the market, and therefore did not leverage the opportunities their discovery offered. They chose to focus on film, not innovation, and fell after a......
As Social Distancing Drives Rapid Migration to Digital Platforms, New Research Confirms the Importance of a Secure, Easy Onboarding Experience
IDology’s Third Annual Consumer Digital Identity Study captures timely insights on how Americans view identity, digital account opening and fraud In the last six months, an astounding number of consumers have migrated their everyday activities and transactions to online and mobile platforms out of necessity. As digitization accelerates, new research......