Search Results for: traditional banking

Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection
Banking Economy Fintech Machine Learning News

Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection

Fintech News Desk
Consilient applies its federated learning model and machine-learning technology for anti-money laundering and countering the financing of terrorism efforts for financial institutions In recent bank trials, fintech innovator Consilient demonstrated successful federated machine learning for the detection of financial crime. Traditionally, financial institutions silo their efforts to combat financial crime......
Speech: ECB's Fabio Panetta on a Digital Euro's Impact on the Financial System
Banking Cryptocurrency Digital Fintech News

Speech: ECB’s Fabio Panetta on a Digital Euro’s Impact on the Financial System

Fintech News Desk
Throughout history, innovations in money have challenged and altered the structure of the financial system. Time and time again, innovations have given rise to debates about the risks they pose and the rewards they bring, as well as the role of central banks in building confidence in money. Paper banknotes......
New FICO Survey Finds that the Vast Majority of Consumers' Financial Needs are Going Unmet
Banking Fintech Investment Services News

New FICO Survey Finds that the Vast Majority of Consumers’ Financial Needs are Going Unmet

Fintech News Desk
Global analytics software platform provider, FICO, today released new research examining consumers’ shifting financial behavior and priorities. While the vast majority of US consumers (86 percent) are satisfied with their banks, they are increasingly open to working with new providers, including fintech companies and other non-bank providers, to address critical......
NNTC and Smart Engines implement digital onboarding at Oman Arab Bank
Banking Business Fintech News

NNTC and Smart Engines Implement Digital Onboarding at Oman Arab Bank

Fintech News Desk
NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines’s identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector. NNTC’s AI-powered module, iFalcon KYC Control, facilitates swift, frictionless and secure digital......
Revitalization Partners Rolls Out Asset Marketing System
Banking Cryptocurrency Fintech Fintech Funding News Trading

ED&F Man and Seba Bank Provide Crypto Custody and Margin Payments to Futures Accounts

Fintech News Desk
ED&F Man Capital Markets and Swiss SEBA Bank today unveiled a ground-breaking collaboration, by providing a custody and margin payment solution to their clients. This custody and banking relationship will provide Traders with huge advantages, by closely aligning their crypto custody and margin payments at SEBA Bank with their Futures......
Fair, Neobank and Financial Services Platform, Raises $20MM in 40 Days with Focus on People Over Profit
Banking Fintech News

Fair, Neobank and Financial Services Platform, Raises $20MM in 40 Days with Focus on People Over Profit

Fintech News Desk
With an April launch, the ethical, membership-based platform will include multilingual services, free account-to-account international money transfers and interest-free loans Fair, a multilingual neobank and financial services platform, will open early bird membership enrollment in March, with a public launch in April. The membership-based fintech startup aims to empower consumers with......
ELGA Credit Union Chooses Access Softek’s EasyVest Robo-Advisor
Banking Digital Fintech News

ELGA Credit Union Chooses Access Softek’s EasyVest Robo-Advisor

Fintech News Desk
Access Softek, Inc., an omnichannel digital banking platform provider, announced that ELGA Credit Union will now offer its EasyVest robo-advisor in order to make investing easier for the more than 76,000 members the credit union serves. Read More: Digital Check Corp. Acquires Benchmark Technology Group, Inc. .@ELGAcu chooses @AccessSoftek’s EasyVest #roboadvisor EasyVest......
Finastra Knits NetGuardians Into FusionFrabic.cloud
Fintech Investment Services Mobile Banking News Risk Management

Finastra Knits NetGuardians Into FusionFrabic.cloud

Fintech News Desk
Finastra today announced the availability of NetGuardians’ Payment Fraud Prevention app on its FusionFabric.cloud open development platform. The app uses artificial intelligence to proactively detect fraudulent payments in real-time and reduce fraud losses. NetGuardians’ operational experience shows that compared with traditional anti-fraud offerings the software reduces the number of false......
Forward Advances Chooses Salt Edge to Verify Business Performance of Their Customers Instantly
Business Fintech News

Forward Advances Chooses Salt Edge to Verify Business Performance of Their Customers Instantly

Fintech News Desk
Forward Advances, a UK revenue-based financing solution for e-commerce and SaaS businesses, has partnered with Salt Edge, a leader in offering open banking solutions, to get instant access to aggregated bank data that allows them to make better lending decisions. Read More: GlobalFintechSeries Interview with Matt Clare, Chief Operating Officer,......
German Fintech Banxware Raises €4 Million in Seed Financing
Capital Markets Fintech Investment Services News

German Fintech Banxware Raises €4 Million in Seed Financing

Fintech News Desk
Berlin-based Fintech Banxware has raised EUR 4 Million in a seed round led by Force over Mass and VR Ventures. Both VC firms have extensive portfolios of Fintech companies. Read More: Artesian Takes the Wraps off Artesian Connect Furthermore, severalFintech pioneers from the payments and SME lending space have joined......
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