Tag : banking

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer01
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Kasisto Launches KAI-GPT, the First Banking Industry-Specific Large Language Model
Artificial Intelligence Banking News

Kasisto Launches KAI-GPT, the First Banking Industry-Specific Large Language Model

Business Wire
by Business Wire06
First generative AI application to run on KAI-GPT is KAI Answers, a conversational response system for complex financial documents Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, announced the launch of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s......
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
Mortgage News

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

PR Newswire
by PR Newswire015
SouthState Bank announced the introduction of a new mortgage option called the “Opportunity Advantage Loan Fund” that is designed to help qualified low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home. SouthState has allocated a sum of $10 million that will be drawn from over a......
Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening
Digital Payments Fintech News

Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening

Business Wire
by Business Wire019
Paris-based fintech adopts ThetaRay’s AI-powered AML transaction monitoring and customer screening solution to boost the onboarding process Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth. “ThetaRay’s sophisticated......
Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing
Mortgage News

Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing

PR Newswire
by PR Newswire036
Colonial Savings, F.A., a trusted financial institution with a rich history spanning more than 70 years, announced its decision to cease its mortgage origination business, effective July 31, 2023. The company will shift its focus towards continuing to provide comprehensive full-service banking and mortgage servicing options to better meet the evolving......
Universal Monetary Unit, Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa
Digital Wallet News

Universal Monetary Unit, Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa

PR Newswire
by PR Newswire045
The Digital Currency Monetary Authority (DCMA) announced it is piloting a self-custody and completely private point-to-point digital cash implementation of Unicoin in Latin America and Africa. Electronic money and paper money are the two forms of societal legal money recognized by the banking industry. Electronic money is transacted through banks and financial......
WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President
Banking News

WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President

PR Newswire
by PR Newswire053
WesBanco, Inc., a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker. In his new role, Klick will oversee strategic direction, business development, building and maintaining client relationships and leading initiatives supporting......
New Citizens Private Client World Elite Mastercard Brings Innovative Design Elements
Digital Payments News

New Citizens Private Client World Elite Mastercard Brings Innovative Design Elements

Business Wire
by Business Wire042
Citizens is introducing the Citizens Private Client World Elite Mastercard, the first launch with its exclusive payments partner, Mastercard, and the first card product in the U.S. to include Mastercard’s Touch Card feature. “The launch of the new Citizens Private Client Mastercard is an exciting milestone in our expanded partnership with......
Reltio Unveils Out-of-the-Box Solutions for Financial Services and Insurance Organizations
Finance InsurTech News

Reltio Unveils Out-of-the-Box Solutions for Financial Services and Insurance Organizations

Business Wire
by Business Wire064
New velocity packs with industry-specific data models, predefined configurations for financial services and insurance significantly accelerate implementation times Reltio, the leading cloud-native, SaaS, modern data management company, makes it possible for companies to gain optimal value from their core data quickly — and thrive — even during turbulent economic times. Now,......
Blend Announces Availability of Soft Credit Functionality
Banking Mortgage News

Blend Announces Availability of Soft Credit Functionality

Business Wire
by Business Wire056
Blend, a leading provider of cloud banking services, announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. “The cost savings for lenders and increased protection for borrowers is a win-win for the mortgage industry, and we are proud to be leading the......
1