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Top Financial Technologies That Are Driving Easy Deposit Switching

Prajakta Ayade
New age financial technologies are revolutionizing the global banking industry, offering consumers unprecedented convenience and flexibility. One area where this transformation is particularly evident is in deposit switching—the process of transferring direct deposits and automatic payments from one bank account to another. Traditionally a time-consuming task, deposit switching is becoming......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Trovata Launches Multibank Connector with the Largest Open Network of Corporate Banking APIs Globally for Account Data & Payments
Banking News

Trovata Launches Multibank Connector with the Largest Open Network of Corporate Banking APIs Globally for Account Data & Payments

PR Newswire
Low-Code Embedded Banking Solution for Bank Portals, ERPs, and Other Finance & Treasury Systems Trovata, the global leader in corporate banking APIs, announces the launch of its new Multibank Connector which includes the most extensive library of direct-to-bank APIs to power financial services worldwide. Much like data aggregation solutions contributed......
BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers
Investment Services News

BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers

Business Wire
Funding round led by industry leaders, strategic partners, and management team will fuel next stage of growth and innovation BlueFlame AI (BlueFlame), the generative AI platform for alternative investment managers, announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by......
LunarCrush Expands Data Accessibility through Google Cloud Marketplace Paving Way for Wall Street Financial Institutions
Cloud Digital Asset Management Finance Fintech News

LunarCrush Expands Data Accessibility through Google Cloud Marketplace Paving Way for Wall Street Financial Institutions

EIN Presswire
LunarCrush’s integration with Google Cloud Marketplace enhances data availability for large financial institutions. LunarCrush, a pioneering platform in digital asset analysis powered by social media intelligence and market insight, today announced its availability on Google Cloud Marketplace. This significant milestone will make LunarCrush’s comprehensive data more accessible within the Google......
Numerated-Secures-Strategic-Investment-from-Citi-to-Enhance-Offering-of-AI-Driven-Financial-Analysis-for-Commercial-Lending
Fintech Investments News

Numerated Secures Strategic Investment from Citi to Enhance Offering of AI-Driven Financial Analysis for Commercial Lending

Business Wire
Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process. Financial institutions face the challenge......
Amplify Life Insurance Secures $20M Series B Funding to Offer Tax-Efficient Financial Wellness to an Underserved Market
InsurTech News

Amplify Life Insurance Secures $20M Series B Funding to Offer Tax-Efficient Financial Wellness to an Underserved Market

PR Newswire
Amplify Life Insurance, a leading digital platform revolutionizing wealth-building through permanent life insurance, announced it has secured $20M in a Series B funding round co-led by Crosslink Capital and Anthemis. New investors Moneta Ventures and Evolution Ventures joined the round, with continued support from existing investors Greycroft, Munich Re Ventures, and......
Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence
Artificial Intelligence Finance Fintech News

Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence

Business Wire
Today, a breakthrough identity intelligence company—Fideo Intelligence™ (Fideo)—has launched to transform the fight against fraud. Inspired by the concept of “Fides Publica,” or public faith, Fideo is enabling intelligence-informed decisions for the public good. Fraud has been proliferating and costing businesses billions of dollars annually1. Identity verification and anti-fraud platforms......
Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners
E-commerce Investment Services News

Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners

PR Newswire
Round brings Finaloop’s total funding to $55 million as it revolutionizes the way e-commerce and retail brands handle their finances Finaloop, the real-time e-commerce accounting platform, announced it has raised a $35 million Series A round. Lightspeed Venture Partners led the round with participation from Vesey Ventures, Commerce Ventures, and existing investors, Accel and Aleph. The latest funding round, which brings......
Bud Financial Joins the Akoya Network, Enabling U.S. Financial Institutions to Fully Realize the Benefit of Advanced Transactional Data Enrichment
Fintech News

Bud Financial Joins the Akoya Network, Enabling U.S. Financial Institutions to Fully Realize the Benefit of Advanced Transactional Data Enrichment

PR Newswire
Bud is leveraging Akoya’s connectivity and aggregation expertise to deliver advanced, AI-powered data intelligence. Bud Financial (“Bud”), a leading data intelligence platform, announced it is connected to Akoya, a leader in the growing U.S. open banking ecosystem, to enhance financial services with hyper-personalized digital experiences, cashflow analytics, and new growth opportunities.......
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