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Fintech Myths around AI and How AI Is Used To Predict Market Movements

Rishika Patel
According to Forbes, business investments in AI are projected to reach nearly $200 billion globally by 2025, and by 2030, AI could contribute an astounding $15.7 trillion to the global economy. In the financial sector alone, AI spending is expected to more than double, reaching $97 billion by 2027. One......
Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
CSI Acquires Velocity Solutions, a Leader in Intelligent Deposit Growth and Overdraft Management Software
Fintech News

CSI Acquires Velocity Solutions, a Leader in Intelligent Deposit Growth and Overdraft Management Software

Business Wire
CSI, a leading provider of end-to-end financial software and technology, announced the acquisition of Velocity Solutions. Velocity offers financial institutions best-in-class account and deposit acquisition, customer engagement and retention solutions as well as intelligent software for serving consumer liquidity through overdraft management. “The CSI and Velocity teams are united by......
Alivia Analytics Expands Payment Integrity Solutions for Healthcare Payers
Digital Payments Fintech News

Alivia Analytics Expands Payment Integrity Solutions for Healthcare Payers

PR Newswire
Alivia Analytics, a leading AI-powered healthcare data analytics and technology company, announced the expansion of its payment integrity solutions designed to help healthcare payers reduce payment errors and improve financial accuracy – backed by a powerful, configurable platform. The offerings focus on key areas critical to ensuring payment integrity across......
Wells Fargo Expands API Capabilities for its Commercial Banking Business
Banking Finance Fintech News

Wells Fargo Expands API Capabilities for its Commercial Banking Business

Business Wire
Broad suite of new API solutions will provide faster and more flexible inventory management, order processing, invoicing, accounts payable, and supply chain management Wells Fargo & Company today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This expansion of Wells Fargo’s API portfolio......
Trullion’s AI-Powered Audit Suite Addresses Critical Gaps in the Industry
Artificial Intelligence Finance Fintech News

Trullion’s AI-Powered Audit Suite Addresses Critical Gaps in the Industry

Business Wire
With one-third of accountants reporting frequent financial errors due to capacity constraints, Trullion offers a streamlined solution Trullion, a leader in AI-powered accounting and audit technology, today announced its Audit Suite, a cloud-based platform designed to leverage AI to enhance accuracy and reduce human error in audits. This solution addresses......
Jirav Announces Michael Morrison as CEO and Launches New Artificial Intelligence Forecasting Product
Artificial Intelligence Fintech News

Jirav Announces Michael Morrison as CEO and Launches New Artificial Intelligence Forecasting Product

Business Wire
Jirav, a leading provider of financial planning and forecasting solutions for accounting, CFO Advisory Firms, and SMBs, is thrilled to announce the appointment of Michael Morrison as its new Chief Executive Officer. With a distinguished career spanning over 25 years in Corporate Performance Management (CPM) and supporting the Office of the CFO,......
Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale
Finance Fintech News

Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale

Business Wire
Intuit further expands mid-market offerings with an all-in-one solution that serves larger and more complex businesses and fuels their growth Intuit Inc., the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a major milestone to accelerate its offerings for mid-market businesses with the introduction......
Hedera Launches Asset Tokenization Studio, Providing an All-In-One Toolkit for Tokenizing Regulatory-Compliant Real-World Assets On-Chain
Finance Fintech News

Hedera Launches Asset Tokenization Studio, Providing an All-In-One Toolkit for Tokenizing Regulatory-Compliant Real-World Assets On-Chain

PR Newswire
Institutions and developers can now benefit from on-chain asset lifecycle management Hedera Asset Tokenization Studio—an open-source toolkit for the configuration, issuance, and management of tokenized bonds and equities on the Hedera network—has launched. Unlike the basic ERC-1400 standard for security tokens that requires management of key asset details off-chain—thereby adding......
Loop Raises Over $10M CAD to Transform Cross-Border Banking
Banking News

Loop Raises Over $10M CAD to Transform Cross-Border Banking

Business Wire
With a recent fundraise of $6.4M CAD, the fintech startup has raised over $10 million in total equity financing since launching in 2022, continuing on its mission to build a global financial services platform for growing businesses. Loop, the global financial solution for businesses to manage their international finances, simplifying......
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