Search Results for: legacy systems

FlowX.AI Raises the Largest Enterprise Software Series a in the Last Two Years to Transform Application Modernization at Large Banks
Artificial Intelligence Fintech Funding News

FlowX.AI Raises the Largest Enterprise Software Series a in the Last Two Years to Transform Application Modernization at Large Banks

PR Newswire
by PR Newswire0
FlowX.AI, the world’s first AI enterprise application modernisation platform for large financial services organizations, announces that it has raised a $35 million Series A funding round. The round was led by London-based Dawn Capital, Europe’s leading specialist B2B software investor, with existing investors PortfoLion, SeedBlink, and DayOne Capital participating. FlowX.AI will use the funds to fuel further......
Banking Featured Fintech Fintech Primers Fintech Radar

Top 10 Fintech Applications Specifically Built For Smart Banking

Pooja Choudhary
by Pooja Choudhary0
Banking is necessary, but banks are not and why do banks have branches if money doesn’t grow on trees? Smart banking indeed is the need of today’s lifestyle and work culture. In this piece, we’re going to give you a brief synopsis of the top 10 fintech applications that went......
Top US-Based Bank Selects Temenos for Core Banking Modernization in the Cloud
Banking News

Top US-Based Bank Selects Temenos for Core Banking Modernization in the Cloud

GlobeNewswire
by GlobeNewswire0
Regions Bank adopting the Temenos Banking Cloud to modernize deposit system and elevate the customer experience Further to the press release issued on 29 March 2023, Temenos announced that Regions Bank, a top bank in the US, has selected Temenos to modernize its legacy systems for customers’ records and deposits......
Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource
Artificial Intelligence Banking Guest Posts

Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource

Brian Halpin
by Brian Halpin0
Automation technology could add $2 billion in annual value to the global banking sector through revenue increases, cost reductions and unrealized opportunities. Yet the benefits of automation remain largely untapped. This is because of the significant challenges of integrating automation, which hamper digital transformation efforts, including lack of a clear implementation strategy, insufficient executive support and severely limited use of automation within corporate......
Let's Dive Deep Into Fintech Vs The Conventional Banking
Banking Featured Fintech Fintech Primers Technology

Let’s Dive Deep Into Fintech Vs The Conventional Banking

Pooja Choudhary
by Pooja Choudhary0
Introduction to Financial Technologies (FinTech) So much in vogue: Fintech, Fintech, Fintech! Yes, right… Your eyes must have rolled on many articles and blogs based on fintech and its domain, but this article is no less than a ray of sun in a cave! Believe me, with the immense amount......
Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey
Banking Fintech News

Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey

Business Wire
by Business Wire0
Regula, a global developer of forensic devices and identity verification (IDV) solutions, has released the findings of the second phase of their survey, which explores the business impact of investing in IDV. The results indicate a significant gap in the cost of identity fraud between Banking and FinTech organizations around......
GTreasury Launches ClearConnect to Set the Standard for Complete Connectivity into Third-Party Banking, Payments, and Financial Data
News Risk Management

GTreasury Releases ClearConnect Gateway for Seamless Banking API Connectivity

GlobeNewswire
by GlobeNewswire0
ClearConnect Gateway delivers out-of-the-box global bank API connectivity for immediate and cost-efficient balance and transaction reporting, payments, and real-time data analysis GTreasury, a treasury and risk management platform provider, announced the launch of ClearConnect Gateway, a uniquely-comprehensive, out-of-the-box global bank API connectivity suite. ClearConnect Gateway offers GTreasury customers a giant......
Impact Of Machine Learning
Artificial Intelligence Featured Fintech Primers Machine Learning Technology

Impact Of Machine Learning

Pooja Choudhary
by Pooja Choudhary0
Massive amounts of vital data are produced when legacy systems are digitally transformed. These data are subjected to machine learning analysis to find hidden trends and patterns. So that you don’t miss out on cutting-edge innovations that advance data processing, we provide you with data-driven innovation insights based on the......
Top AI Startups Impacting 10 Industries
Analytics Artificial Intelligence Featured Fintech Primers

Top AI Startups Impacting 10 Industries

Pooja Choudhary
by Pooja Choudhary0
Through the application of pattern recognition, artificial intelligence (AI) enhances industrial operations and automates back-office duties. Businesses can do this to save time and use resources more effectively. For this reason, businesses incorporate artificial intelligence (AI) and AI-based data processing techniques like machine learning and natural language processing (NLP) into......
94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation
Digital Payments News

94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation

PR Newswire
by PR Newswire0
Research from Aite-Novarica Group, supported by Finastra, indicates that banks must invest in new technologies as business customers demand more robust payment capabilities Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for......
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