Search Results for: rapid advancement

E-commerce Featured Fintech Robotic Process Automation

Automating Financial Reconciliation for E-commerce Using AI and RPA

Fintech Staff Writer
by Fintech Staff Writer0
In the fast-evolving world of e-commerce, managing financial transactions accurately and efficiently is crucial for business success. Financial reconciliation—the process of verifying that records from different financial accounts align—is a fundamental aspect of financial management. In the e-commerce sector, the vast volume of transactions, multiple payment channels, and diverse currencies......
Zafin Launches Next-Gen Tiering Capability as Financial Institutions Intensify Competition for Customer Loyalty and Deposit Retention
Finance Fintech News

Zafin Launches Next-Gen Tiering Capability as Financial Institutions Intensify Competition for Customer Loyalty and Deposit Retention

Business Wire
by Business Wire0
In a recent Celent report, over 60% of banks in North America and Europe have identified customer retention and engagement as top strategic priorities, signaling a growing need for solutions like Zafin’s Tiering Capability to deepen customer relationships and drive long-term profitability Responding to the increasing demand for hyper-personalization in......
Cryptocurrency Digital Wallet Featured Fintech Security

The Future of Digital Identity in Fintech: Advanced Authentication Methods Using Biometrics and Cryptography

Fintech Staff Writer
by Fintech Staff Writer0
As the FinTech industry continues to expand, digital identity has become a key pillar in ensuring secure, seamless transactions and financial services. With growing concerns over privacy, fraud, and security breaches, there is an increasing need for more sophisticated and reliable authentication methods. Traditional password-based systems are no longer sufficient......
New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff
Finance Fintech News

New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff

Business Wire
by Business Wire0
New survey reveals significant shift in relationship between younger generations and traditional financial institutions as trust in financial advice from social media grows. According to the survey, social media has become the primary source of financial advice for younger generations, which can promote unrealistic comparisons and financial insecurity. FIS, a......
Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies
Digital Payments Fintech News

Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies

PR Newswire
by PR Newswire0
Community bank modernizes payments services with Volante’s Payments as a Service (PaaS) for SWIFT cross-border, RTP real-time, and FedNow instant payments Volante Technologies, the global leader in Payments as a Service (PaaS), announced that Lakeside Bank, a leading community bank with over $2.64 billion in assets that specializes in serving mid-sized and larger......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Airbase Demonstrates the Transformational Power of AI with the Launch of Touchless Accounts Payable
Artificial Intelligence Finance Fintech News Risk Management

Airbase Demonstrates the Transformational Power of AI with the Launch of Touchless Accounts Payable

Business Wire
by Business Wire0
AI-powered automation will save AP teams hours every week and will reduce payment fraud risk. Airbase, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable). Digital transformation remains a top priority......
Bitstaker Raises Seed Funding to Propel Its Growth in DeFi Staking Innovation
Finance Fintech News

Bitstaker Raises Seed Funding to Propel Its Growth in DeFi Staking Innovation

EIN Presswire
by EIN Presswire0
Bitstaker, a rapidly emerging decentralized finance (DeFi) staking platform, has reached a major milestone by securing significant seed financing. This achievement highlights the growing confidence investors have in Bitstaker’s potential to lead the next wave of innovation in the DeFi space, particularly within the highly competitive staking market. With this......
RedotPay Obtains VASP Registration from Lithuania's Financial Crime Investigation Service to Expand Products and Services Offerings
Cryptocurrency Finance Fintech News Security

RedotPay Obtains VASP Registration from Lithuania’s Financial Crime Investigation Service to Expand Products and Services Offerings

GlobeNewswire
by GlobeNewswire0
RedotPay, a rapidly growing crypto payment company, is thrilled to announce its successful application for a full Virtual Asset Service Provider (VASP) registration from the Financial Crime Investigation Service (FCIS) of Lithuania, under the Group entity of RedotX, UAB. The VASP registration marks a significant milestone for RedotPay as it......
Nuvei and Fintech360 Announce a Cutting-Edge Cashier Solution
B2B Fintech News

Nuvei and Fintech360 Announce a Cutting-Edge Cashier Solution

GlobeNewswire
by GlobeNewswire0
Setting New Standards in Secure and Efficient Digital Transactions for the Forex B2B Industry Nuvei and Fintech360 are excited to announce the launch of a cutting-edge cashier solution that is setting new standards in secure and efficient digital transactions for the forex B2B industry. Through this, forex businesses and clients......
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