Tag : financial services

DriveWealth Announces New Executive Hires Across Product and Operations Teams
Finance Fintech News

DriveWealth Announces New Executive Hires Across Product and Operations Teams

Business Wire
Former Morgan Stanley leaders Kyla Murphy and Lauren Veisz bring specialized expertise and deep industry experience to the DriveWealth team DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, announced today the hiring of two new executives: Kyla Murphy, as Chief Product Officer and Lauren Veisz as Head of Operations. In......
FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow
Analytics Digital Payments News

FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow

Business Wire
34% of Indians are most concerned about being tricked into making payment to a criminal Highlights Payment Fraud is the top financial crime concern for 34% of Indians Identity theft worries persist, with 37% believing they have or might have been victims Real-time payment scams are on the rise, with......
Glia Launches First Responsible AI Platform Purpose Built for Financial Institutions
Fintech News

Glia Launches First Responsible AI Platform Purpose Built for Financial Institutions

PR Newswire
Glia Cortex delivers personalized self-service experiences at scale, improves agent productivity and provides new insights for managers Glia, the leader in customer interaction technology, launched Glia Cortex, the first responsible AI platform built specifically for the financial services industry. With Glia Cortex, financial institutions can leverage AI that is safe,......
Teal Announces $8 Million Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaS
Fintech Startups Investment Services News

Teal Announces $8 Million Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaS

Business Wire
Built by industry veterans and backed by prominent investors and angels at Plaid, Brex, and more, Teal addresses Vertical SaaS pain points Teal, a rapidly growing startup specializing in accounting infrastructure for Vertical SaaS businesses, announced $8 USD million in seed funding. Founded in 2023 by Ian Crosby, former Head......
Artificial Intelligence B2B Banking Business Fintech Guest Posts

The Good and Bad of AI in Financial Services

Jeffrey Feinstein
The rise of artificial intelligence (AI) has brought about a range of reactions in the financial services industry from confusion and worry to excitement. As I interact with other data scientists, fraud analysts and risk managers, the benefits and risks of AI and its subdivision Generative AI (GenAI) have become......
TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer
Digital Payments News

TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer

PR Newswire
TerraPay, a prominent global money movement company, has partnered with Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI]. TerraPay’s global payment solutions for local payout needs integrated with Al Ansari Exchange’s extensive network expands......
Banking Digital Payments Featured Finance Fintech Investment Services

Financial Inclusion through Digital Payments

Prajakta Ayade
In today’s rapidly evolving global economy, access to financial services is more than just a convenience; it’s a necessity for individuals and communities to move forward, and thrive.  However, traditional banking services often fail to reach marginalized and underserved populations, leaving them excluded from the formal financial system. This lack......
American Banker Publishes The Emerging Payments Technology 2024 Research Report
Digital Payments News

American Banker Publishes The Emerging Payments Technology 2024 Research Report

PR Newswire
The findings reveal more than eight in 10 respondents plan to deploy generative AI in support of their payments businesses in the next two years, using it — among other things — to address the fraud and customer experience hurdles facing the industry. Arizent, the parent company of American Banker, an information resource......
Hearsay Systems' 2024 Financial Services Social Selling Content Study Measures Impact of 13 Million Social Media Posts
Finance Fintech News

Hearsay Systems’ 2024 Financial Services Social Selling Content Study Measures Impact of 13 Million Social Media Posts

Business Wire
Over the last four years, video content published increased by 287%, but text-only posts still see the highest level of engagement Hearsay Systems, the trusted global leader in digital client engagement for the financial services industry, today announced the findings of its 2024 Social Selling Content Study. Now in its seventh......
Saifr Expands AI-Powered Offerings for Regulatory Compliance
Compliance management News

Saifr Expands AI-Powered Offerings for Regulatory Compliance

Business Wire
Saifr’s enhanced risk detection capabilities help marketing and compliance teams comply with complex regulations Saifr, a compliance solutions provider that uses artificial intelligence (AI) to help financial services firms mitigate regulatory risks, announced expanded AI capabilities that help firms develop compliant, marketing-optimized content more efficiently. “With the help of AI,......
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