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15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
by Pooja Choudhary0
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
New Technological Advancements In The Financial Services Industry
Artificial Intelligence Featured Finance Technology

New Technological Advancements In The Financial Services Industry

Pooja Choudhary
by Pooja Choudhary0
In this article, we shall be discussing new tech advancements in the financial sector domain. Five startups in AI domain have been taken as an example to illustrate the tech know-how with their USP highlighted. Below is one on one description along with the author’s screenshot of the same highlighting......
First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community
Banking News

First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, provided a $48 million senior secured loan to finance the acquisition of the Dunson Grove apartment community in Davenport, Florida. The property consists of 18 three-story buildings comprising 319 residential units. Located in a suburb of Orlando, Florida, the apartment......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
American Financial Exchange Acquired by 7RIDGE
Finance Lending News

American Financial Exchange Acquired by 7RIDGE

PR Newswire
by PR Newswire0
Transaction builds on AFX structure to expand and enhance AMERIBOR adoption The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that 100% of the company was acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies for financial......
FinTech RADAR: 105 U.S. Fintech Unicorns And Their Core Offerings
Featured Fintech Fintech Primers Fintech Radar Fintech Startups

FinTech RADAR: 105 U.S. Fintech Unicorns And Their Core Offerings

Pooja Choudhary
by Pooja Choudhary0
With 105 Fintech unicorns, the United States of America has established itself as a leader on the global platform in this sector. In order to give my readers a comprehensive understanding of the fundamental offerings of the top 15 U.S. fintech companies amongst 105 unicorns listed below in this blog.......
Marqeta Survey Over Half of SMBs Are Owed up to £75,000 Each Month in Outstanding Invoices
B2B News

Marqeta Survey: Over Half of SMBs Are Owed up to £75,000 Each Month in Outstanding Invoices

Business Wire
by Business Wire0
Almost half of business owners surveyed reported that they are unaware that B2B buy-now-pay-later (BNPL) services offer financing alternatives for businesses, which could help them smooth cash flow The highest levels of inflation seen in decades are squeezing small businesses and creating an opportunity to reinvent how they access working......
KeyBank Poll Finds 1 in 3 Surveyed Homebuyers Unaware of Affordable Home Lending Offerings
Lending News

KeyBank Poll Finds 1 in 3 Surveyed Homebuyers Unaware of Affordable Home Lending Offerings

PR Newswire
by PR Newswire0
This Fair Housing Month, KeyBank is further committing to making the path to homeownership easier and more equitable KeyBank debuted its Fair Housing Month poll, which surveyed 1,000 homeowners in households earning less than $75,000 annually regarding their homebuying and lending experiences. The poll found that nearly one-third (31%) of respondents did not......
Small Business Bank Loan Approvals Dropped Dramatically in March Biz2Credit Study
Banking Lending News

Small Business Bank Loan Approvals Dropped Dramatically in March: Biz2Credit Study

GlobeNewswire
by GlobeNewswire0
Biz2Credit Small Business Lending Index finds funding requests at banks declined after Silicon Valley Bank’s collapse; borrowers had more success with non-bank lenders. Small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, according to the latest Biz2Credit Small Business Lending Index™ released today. This marks is the......
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