Search Results for: financial services sector

$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs
InsurTech News

$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs

PR Newswire
by PR Newswire0
As generative AI continues to evolve, Bain urges insurance companies to take several critical steps to adapt to the fast-developing technology. Insurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut......
Cybersecurity CEOs Join Forces to Launch Lockchain.ai: The First AI-Powered Blockchain Risk Management Platform
Blockchain News

Cybersecurity CEOs Join Forces to Launch Lockchain.ai: The First AI-Powered Blockchain Risk Management Platform

PR Newswire
by PR Newswire0
Lockchain.ai’s SaaS platform provides always-on due diligence and risk monitoring for asset managers and traders seeking real-time security status of the assets they trade. Lockchain.ai, the AI-powered Blockchain Risk Management platform, has announced its official launch from stealth to bring automated risk management solutions to traders, investors, and fund managers......
New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry
Banking News

New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry

PR Newswire
by PR Newswire0
The BGL Healthcare & Life Sciences Insider: The State of RCM in Behavioral Health Behavioral health focused revenue cycle management services and software companies are poised for outsized growth, according to an industry report released by the Healthcare Outsourcing & Information Technology investment banking team from Brown Gibbons Lang &......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
by Business Wire0
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
by Business Wire0
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
J.P.-Morgan-Wealth-Plan-Helps-Chase-Customers-Create-1-Million-Plans
Finance Fintech News

J.P. Morgan Wealth Plan Helps Chase Customers Create 1 Million Plans

Fintech News Desk
by Fintech News Desk0
With Wealth Plan, users can set and track short-term goals, like a vacation, and long-term goals, such as buying a home or retirement, in real-time and get personalized step-by-step guidance and insights. J.P. Morgan Wealth Management’s Wealth Plan has helped customers create more than 1 million personalized plans. The tool......
Visa Joined the Dubai FinTech Summit (DFS)
Digital Payments News

Visa Joined the Dubai FinTech Summit (DFS)

Fintech News Desk
by Fintech News Desk0
Visa has cemented its partnership with DFS through a strategic three-year agreement, demonstrating a strong commitment to the fintech ecosystem. Visa, a global player in digital payments worldwide, has teamed up with the Dubai FinTech Summit (DFS), hosted by the Dubai International Financial Centre (DIFC), a major financial hub in......
FICO Survey Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks
Finance Fintech News

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Business Wire
by Business Wire0
The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity. Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as......
Gen-Z-Driving-Shift-Toward-Digital-Tax-Payments,-According-to-New-Report-From-ACI-Worldwide
Digital Payments Finance Fintech News

Gen Z Driving Shift Toward Digital Tax Payments, According to New Report From ACI Worldwide

Business Wire
by Business Wire0
This year’s ACI-commissioned YouGov report found that Gen Z is less likely than all other demographics to pay taxes via electronic fund withdrawals from checking or savings accounts (17%). Unlike Baby Boomers, Gen Xers and even Millennials, Gen Z respondents preferred alternative payment methods (10%) and credit cards (17%). A......
1