Tag : digital banking

Lumin Digital Secures $160 Million in Growth Funding
Banking Digital Fintech News

Lumin Digital Secures $160 Million in Growth Funding

PR Newswire
by PR Newswire0
Lumin Digital raises capital to further accelerate its business growth and continue the Company’s momentum  Lumin Digital, a leading cloud-native digital banking provider, announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients. Lumin Digital......
Spero Financial Launches New Digital Banking Solution from Lumin Digital
Banking Fintech News

Spero Financial Launches New Digital Banking Solution from Lumin Digital

PR Newswire
by PR Newswire0
Spero Financial (“Spero”), a Greenville, SC-based credit union serving more than 50,000 members across the state, announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital. Having served its retail, business, and consumer members for over 20 years with a legacy banking provider, the......
Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation
Banking Fintech News

Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation

Business Wire
by Business Wire0
IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a......
Core Banking Industry Veteran Joe Lockwood Joins Open Banking Solutions as CEO
Banking Fintech News

Core Banking Industry Veteran Joe Lockwood Joins Open Banking Solutions as CEO

PR Newswire
by PR Newswire0
Black Dragon Capital has appointed Joe Lockwood as the CEO of Open Banking Solutions, an advanced, cloud-based, core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving digital landscape. Mr. Lockwood is a seasoned professional within the core banking industry. His career spans three decades......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Array and Lumin Digital Announce Partnership To Help Financial Institutions Deliver Financial Wellness Tools Within Lumin Digital’s Digital Banking Experience
Banking News

Array and Lumin Digital Announce Partnership To Help Financial Institutions Deliver Financial Wellness Tools Within Lumin Digital’s Digital Banking Experience

GlobeNewswire
by GlobeNewswire0
Array, a leading financial innovation platform, announced a partnership with Lumin Digital, a leading cloud-native digital banking provider. Through this partnership, Lumin will now offer a suite of Array’s products, including My Credit Manager with Offers Engine, Identity Protect, Privacy Protect, and Subscription Manager, as part of its Financial Wellness......
Embracing The Future Of Finance, Global Neobanking Market Is Redefining Banking With Seamless Digital Experiences And Innovative Solutions For All; states TNR, The Niche Research
Banking Fintech News

Embracing The Future Of Finance, Global Neobanking Market Is Redefining Banking With Seamless Digital Experiences And Innovative Solutions For All; states TNR, The Niche Research

GlobeNewswire
by GlobeNewswire0
Rising Demand for Convenient and Accessible Digital Banking Solutions Among Consumers is a Key Growth Driver for the Global Neobanking Market Neobanking refers to digital-only banking services that operate without physical branches, offering financial products and services through online platforms and mobile applications. These banks, often referred to as “challenger banks,”......
Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders
Banking Fintech News

Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders

Business Wire
by Business Wire0
Digital banking solutions provider Tyfone announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders. “By integrating FinGoal into our platform, we’re equipping our clients with powerful tools like transaction cleansing and categorization and clear merchant logos. This partnership empowers financial institutions......
Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers
Banking News

Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers

PR Newswire
by PR Newswire0
96% of financial institutions foresee AI playing a critical role in the next five years Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., released commissioned research findings regarding the distinct perspectives on artificial intelligence (AI) held by regional and community financial institutions (RCFIs) compared......
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