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Manulife Announces Leadership Changes to Accelerate Asia Growth
Finance News

Manulife Announces Leadership Changes to Accelerate Asia Growth

PR Newswire
Phil Witherington Appointed President and CEO, Manulife Asia Manulife announced leadership changes across its executive leadership team to accelerate Asia growth and financial performance globally. Phil Witherington, Manulife’s Chief Financial Officer (CFO), is now appointed President and Chief Executive Officer (CEO) of Manulife Asia, effective July 1, 2023. Mr. Witherington will......
Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes
Digital Finance News

Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes

PR Newswire
Ivalua, a global leader in spend management, announced that, after a comprehensive selection process, Hiscox, an international specialist insurer, has selected Ivalua’s full, Source-to-Pay (S2P) solution to digitalize its global procurement operations. With over 1.5 million retail customers across the UK, Europe, Asia and the USA, Hiscox offers a range of specialist insurance products in......
CFPB Issue Spotlight Analyzes "Artificial Intelligence" Chatbots in Banking
Artificial Intelligence Consumer protection laws News

CFPB Issue Spotlight Analyzes “Artificial Intelligence” Chatbots in Banking

Fintech News Desk
Poorly deployed chatbots can impede customers from resolving problems The Consumer Financial Protection Bureau (CFPB) released a new issue spotlight on the expansive adoption and use of chatbots by financial institutions. Chatbots are intended to simulate human-like responses using computer programming and help institutions reduce the costs of customer service agents.......
Visa Announces Launch of Africa Fintech Accelerator Program
Fintech News

Visa Announces Launch of Africa Fintech Accelerator Program

Business Wire
New Visa initiative to support Africa’s Fintech start-ups and entrepreneurs, providing training, connections, technology, and investment opportunities for up to 40 fintechs each year Visa announced the launch of the new Visa Africa Fintech Accelerator program to help enable Africa’s expanding start-up community through expertise, connections, technology, and investment funding.......
Blackboxstocks, Announces $8.5 Million Investment Stake in Evtec Group as Initial Step Toward Merger
Investment Services News

Blackboxstocks, Announces $8.5 Million Investment Stake in Evtec Group as Initial Step Toward Merger

Business Wire
Blackbox issues 2.4 million shares of Series B Convertible Preferred Stock for stake in Evtec Group; Regains Compliance with NASDAQ Stockholder Equity Requirement Blackboxstocks, a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced that it executed a Securities......
Banking Featured Fintech Fintech Primers Technology

The Fintech Revolution: Accelerating Bank Performance In The Dynamic Landscape Of 2023

Pooja Choudhary
“Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank Banks need to heavily invest in fintech solutions and implement digital strategies to keep up with the ever-changing competitive landscape. This blog has highlighted that......
BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs
Investment Services News

BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs

PR Newswire
Investments in Diverse-led Funds Result in Capital Deployed to Over 1,000 Companies Across the U.S. Bank of America announced that it has committed more than $500 million in equity investments to minority- and women-led funds, more than doubling its initial $200 million commitment. The bank has committed equity to more than 150 funds,......
FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP
Fintech News

FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP

PR Newswire
FinVolution Group, a leading fintech platform, announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with Bank OCBC NISP. Bank OCBC NISP is an Indonesian publicly listed banking and financial services company, serving customers through 197 office networks in 54 cities in Indonesia as per September 2022. It shows......
Volante Technologies Unveils Embedded Preprocessing Forging the Fastest Path to Banking Payments Innovation
Banking Digital Payments News

Volante Technologies Unveils Embedded Preprocessing Forging the Fastest Path to Banking Payments Innovation

PR Newswire
New solution enables banks to adapt swiftly, build loyalty, and grow their payments business while enriching their customer service Volante Technologies, the global leader in cloud payments and financial messaging, announced the general availability of Volante Embedded Preprocessing, its latest solution to helps banks validate, transform and route payments messages......
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