Search Results for: financial operations

ValidMind-Secures-$8.1-Million-to-Bring-More-Trust-and-Transparency-to-AI-in-Financial-Services
Artificial Intelligence Fintech News

ValidMind Secures $8.1 Million to Bring More Trust and Transparency to AI in Financial Services

Business Wire
by Business Wire0
This funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services. With this round, ValidMind’s total funds raised are $11.1 million. ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has raised $8.1 million......
Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks
Finance Fintech News

Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks

Business Wire
by Business Wire0
The named defendants in the lawsuit are Colorado’s attorney general, Phil Weiser, and the administrator of the Colorado Uniform Consumer Credit Code, Martha Fulford, both sued in their official capacities. Three leading trade organizations for the financial services industry filed a lawsuit in federal court today, challenging a new Colorado......
B. Riley Financial Announces Notification of Delinquency with Nasdaq
Compliance management News

B. Riley Financial Announces Notification of Delinquency with Nasdaq

PR Newswire
by PR Newswire0
Nasdaq has informed the Company that it must submit a plan within 60 calendar days, or by May 17, 2024, to address how it intends to regain compliance with Nasdaq’s listing rules. If accepted, Nasdaq can grant an exception of up to 180 calendar days from the filing’s due date,......
Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
by PR Newswire0
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
Longshore Labs Launches Innovative ALPINE Suite of Products, Transforming Financial Services Technology
Fintech News

Longshore Labs Launches Innovative ALPINE Suite of Products, Transforming Financial Services Technology

PR Newswire
by PR Newswire0
This suite, consisting of ALPINE | GRC, ALPINE | AXIA, and ALPINE | OMEGA, is set to change the customer lifecycle management in the financial service industry. Longshore Labs, a trailblazer in financial technology, is proud to announce the launch of its revolutionary ALPINE Suite of Products. This suite, consisting......
LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
BILL Survey Finds 85% of SMBs Are Enthusiastic About Using AI in Financial Operations
Artificial Intelligence Finance Fintech

The BILL 2024 State of Financial Automation Report Released

Fintech News Desk
by Fintech News Desk0
The survey results demonstrate that SMBs believe innovative technology such as AI and automation have beneficial capabilities for their financial operations.  BILL, a financial operations platform for small and midsize businesses (SMBs), unveiled The BILL 2024 State of Financial Automation Report which provides an in-depth look at emerging trends in......
63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.
Finance Fintech News

63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.

PR Newswire
by PR Newswire0
The survey results highlight the immediate market opportunity for FIs to capitalise on existing customer demand for intelligent payment routing and embedded banking services enabled by ISO 20022 messaging standards. New Datos report finds businesses plan to adopt the new messaging standard driven by the ability to automate payables and......
Nordic Capital Makes Majority Investment in Activeviam, Provider of Advanced Analytics for Financial Institutions
Investment Services News

Nordic Capital Makes Majority Investment in Activeviam, Provider of Advanced Analytics for Financial Institutions

PR Newswire
by PR Newswire0
The investment is made in partnership with ActiveViam’s founders and management to support and accelerate continued high-growth and expansion   Nordic Capital, a leading investor in banking software, will leverage its long-standing expertise and experience from accelerating digitization of the financial services industry The aim is to realize ActiveViam’s potential......
Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan's Financial Service Agency
Fintech News

Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan’s Financial Service Agency

PR Newswire
by PR Newswire0
Global payments leader enables inbound transfers of up to 50 million JPY, offering a faster, cheaper, transparent alternative Nium, the leader in real-time cross-border payments, announced that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency......
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