Tag : banking industry

US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs
Banking Business News

US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs

Fintech News Desk
by Fintech News Desk0
ISG Provider Lens report sees traditional banks facing competition from digital financial services providers and increasing customer demand for digital services The US banking industry has accelerated its digital transformation over the past year in response to the COVID-19 pandemic, and banks are looking to technology service providers to help......
Citizens State Bank Selects Lendsmart to Enhance Its Mortgage Lending Process
Lending News

Citizens State Bank Selects Lendsmart to Enhance Its Mortgage Lending Process

Fintech News Desk
by Fintech News Desk0
Citizens State Bank, a Wisconsin-based community bank focused on commercial and personal banking products, has selected Lendsmart, an AI-driven digital lending platform, to improve its digital lending operations and offer a seamless customer experience. “We know that the banking industry has changed a lot over the years, and we’re committed......
Wolters Kluwer's Survey Reveals Substantial Risk, Compliance for Lenders
News Risk Management

Wolters Kluwer’s Annual Indicator Survey Reveals Substantial Risk, Compliance Concerns for U.S. Lenders

Fintech News Desk
by Fintech News Desk0
2021 marks third consecutive year of increase in the regulatory, risk management Indicator score with 25-point jump Regulatory compliance and risk concerns remain elevated in a number of key areas for U.S. banks and credit unions, according to the results of Wolters Kluwer’s 2021 Regulatory & Risk Management Indicator survey. This year’s......
Ledyard National Bank Welcomes Michael Hakoun
Banking News

Ledyard National Bank Welcomes Michael Hakoun

Fintech News Desk
by Fintech News Desk0
Ledyard National Bank is pleased to announce that Michael Hakoun has joined the bank as the new Executive Vice President and Managing Director of Ledyard Financial Advisors. He follows Dennis Mitchell, who will be retiring in September after leading Ledyard’s Wealth Management division for the last thirteen years. Michael brings......
Duality Technologies Joins The Financial Data Exchange (FDX) To Help Accelerate Privacy-Preserving Data Sharing in the Banking Industry
Banking Business Cryptocurrency Fintech InsurTech Investment Services News Risk Management

Duality Technologies Joins The Financial Data Exchange (FDX) To Help Accelerate Privacy-Preserving Data Sharing in the Banking Industry

Fintech News Desk
by Fintech News Desk0
Privacy-Enhancing Technology leader Duality to contribute to development of common technical data sharing standards for open finance Duality Technologies, a leading provider of Privacy-Enhancing Technologies (PETs) based on Homomorphic Encryption (HE), announced today that it has joined the Financial Data Exchange (FDX), a consortium of over 170 US and Canadian......
People's United Bank Recognized by Greenwich Associates with Awards for Best Brand and Cash Management Excellence in Middle Market Banking
Banking Fintech News

People’s United Bank Recognized by Greenwich Associates with Awards for Best Brand and Cash Management Excellence in Middle Market Banking

Fintech News Desk
by Fintech News Desk0
People’s United Bank, N.A., a subsidiary of People’s United Financial, has been recognized by Greenwich Associates, a leading global provider of market intelligence and advisory services to the banking industry, with three awards for its 2020 performance in serving middle market customers. This recognition includes a national achievement in being......
Neo Financial Raises $50 Million in Series A Funding and Debt Financing
Capital Markets Fintech Fintech Funding News

Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Fintech News Desk
by Fintech News Desk0
Fintech startup raises one of the largest Series A rounds in Western Canada amidst unprecedented year  Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding......
Tavant Enables Kubota to Leverage AI to Accelerate Digital Transformation
Artificial Intelligence Banking Fintech News

Tavant Launches Banktech Practice With Existing AI/ML Technology for Transformative Experiences

Fintech News Desk
by Fintech News Desk0
— Leading Silicon-Valley technology provider taps Vaibhav Sharma to lead expansion; appoints Michael Livi and Debarchana Roy to the team — At American Banker’s Digital Banking 2020 conference, Tavant announced its expansion to new business lines with the launch of its Banktech practice. The Silicon Valley-based provider of AI-powered digital technologies appointed......
IDEMIA Launches the Middle East’s First Full Metal Dual Interface Payment Card
Banking Fintech News

IDEMIA Launches its Global Fintech Accelerator Card Program to Support FinTechs and Neobanks in Their Card Issuance Process

Fintech News Desk
by Fintech News Desk0
In the context of a rapid transformation of the banking industry, IDEMIA, the global leader in Augmented Identity, supports FinTechs and neobanks with the launch of the Global Fintech Accelerator Card Program. This new program allows a rapid process from cardholder onboarding – to card issuance. Read More: GlobalFintechSeries Interview with......
eCapital Corp. Names Charles Sheppard as Chief Operating Officer
Artificial Intelligence Banking Big Data Business Fintech News

BusinessObjects to IBM Cognos Migration Success for Banking Industry

Fintech News Desk
by Fintech News Desk0
Europe’s largest bank recently completed a transition to IBM Cognos from its legacy BusinessObjects system. As one of the Top 6 global banks, serving over 40 million customers worldwide, their network is spread across 64 countries. To sail through business-as-usual conditions and turbulent times in the global economy, adaptability was......
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