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Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
Real Estate Fintech Backflip Announces $15 Million Series A Fundraise, Crosses $10M Net Revenue Run Rate
Finance Fintech News

Real Estate Fintech Backflip Announces $15 Million Series A Fundraise, Crosses $10M Net Revenue Run Rate

Business Wire
With this new fundraising round, Backflip has raised $95 million in cumulative equity and debt Backflip, the all-in-one real estate and financial technology platform for real estate entrepreneurs, announced today its $15 million Series A led by FirstMark Capital, early investors in category-defining platforms Airbnb, Shopify, and Pinterest. Previous investors......
PropTech-Startups-Choose-VeriFast-as-All-in-One-Verification-Partner
Artificial Intelligence Fintech News

PropTech Startups Choose VeriFast as All-in-One Verification Partner

Business Wire
Leasey, Cove, RealSage and Rentatee announce new integrations with VeriFast VeriFast, the AI-powered Verification-as-a-Service platform that automates financial analysis and decision making for tenant screening, mortgage underwriting and more, today announced that real estate technology startups Leasey, Cove, RealSage and Rentatee have adopted VeriFast’s platform as their all-in-one verification solution.......
$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
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......
Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience
Banking Fintech News

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Business Wire
Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making. Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Fifth Third Bank will move its origination and servicing operations......
PredictAP Raises $8 Million in Series-A Funding To Automate Accounts Payable for the Real Estate Industry
Fintech Investments News

PredictAP Raises $8 Million in Series-A Funding To Automate Accounts Payable for the Real Estate Industry

Business Wire
As the company experiences rapid customer growth, this raise will support expansion as the leading Vertical SaaS platform across the U.S. and international markets PredictAP, a machine-learning enabled invoice ingestion & coding solution for real estate accounts payable (AP), today announced the close of its $8-million series A financing round.......
Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers
Fintech Investments News

Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers

Business Wire
Portfolio Managers, Strategists and Executives from Natixis Investment Managers, AEW Capital Management, Flexstone Partners, Gateway Investment Advisers, Harris Associates, Loomis Sayles, Mirova, and Vaughan Nelson Investment Management Provide 2024 Market Outlooks n 2023, a bull market in stocks surprised while bonds saw an uptick in performance during the fourth quarter.......
Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets
Blockchain News

Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets

GlobeNewswire
Intchains Group Limited, a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, announced it has entered into an asset acquisition agreement, or the Agreement, with a Singapore-based company, GOLDSHELL PTE. LTD., or the Seller, to purchase certain assets used in......
Hashlock Acquires StealthTest to Bolster Web3 Developer Infrastructure
Blockchain News

Hashlock Acquires StealthTest to Bolster Web3 Developer Infrastructure

PR Newswire
Hashlock, a leading blockchain security and smart contract auditing firm based in Australia, proudly announces its acquisition of StealthTest, an API-based Web3 developer platform and tool set featuring private test networks. Areta (formerly web3 Studios), a global investment banking firm for the Web3 and digital asset economy, acted as the exclusive......
Non-Bank Financial Institutions Can Now Comply with U.S. FTC Cybersecurity Requirements With CyberCatch
News Risk Management

Non-Bank Financial Institutions Can Now Comply with U.S. FTC Cybersecurity Requirements With CyberCatch

PR Newswire
CyberCatch Holdings, an AI-enabled Software-as-a-Service (SaaS) solution provider of continuous compliance and cyber risk mitigation, is pleased to announce the launch of an innovative solution to enable compliance with U.S. Federal Trade Commission (FTC) cybersecurity requirements under its Safeguards Rule and recent amendment. There are thousands of non-bank financial institutions......
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