Tag : banking

15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
by Pooja Choudhary0
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
National Bank Holdings Corporation Announces Acquisition of StoneCastle Digital Solutions
Banking Finance News

National Bank Holdings Corporation Announces Acquisition of StoneCastle Digital Solutions

GlobeNewswire
by GlobeNewswire0
National Bank Holdings Corporation announced that its bank subsidiary NBH Bank has recently acquired StoneCastle Digital Solutions, LLC (d/b/a Cambr), a subsidiary of StoneCastle Partners, LLC. Cambr is a unique deposit acquisition and processing platform that generates core deposits from accounts offered through embedded finance companies. Today, Cambr administers approximately......
Institutional On-Chain Finance Startup Fractal Announces $6 Million Seed Raise
Fintech Startups News

Institutional On-Chain Finance Startup Fractal Announces $6 Million Seed Raise

PR Newswire
by PR Newswire0
Hack VC, 6th Man Ventures (6MV), Archetype, Blizzard and CMT Digital are among Fractal backers as it expands its institutional product suite Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced it has secured $6M in financing led by Hack VC. They are joined......
Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement
Banking News

Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement

PR Newswire
by PR Newswire0
Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million. The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year......
American Financial Exchange Acquired by 7RIDGE
Finance Lending News

American Financial Exchange Acquired by 7RIDGE

PR Newswire
by PR Newswire0
Transaction builds on AFX structure to expand and enhance AMERIBOR adoption The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that 100% of the company was acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies for financial......
Top US-Based Bank Selects Temenos for Core Banking Modernization in the Cloud
Banking News

Top US-Based Bank Selects Temenos for Core Banking Modernization in the Cloud

GlobeNewswire
by GlobeNewswire0
Regions Bank adopting the Temenos Banking Cloud to modernize deposit system and elevate the customer experience Further to the press release issued on 29 March 2023, Temenos announced that Regions Bank, a top bank in the US, has selected Temenos to modernize its legacy systems for customers’ records and deposits......
FinTech RADAR: 105 U.S. Fintech Unicorns And Their Core Offerings
Featured Fintech Fintech Primers Fintech Radar Fintech Startups

FinTech RADAR: 105 U.S. Fintech Unicorns And Their Core Offerings

Pooja Choudhary
by Pooja Choudhary0
With 105 Fintech unicorns, the United States of America has established itself as a leader on the global platform in this sector. In order to give my readers a comprehensive understanding of the fundamental offerings of the top 15 U.S. fintech companies amongst 105 unicorns listed below in this blog.......
Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships
Fintech News

Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships

Business Wire
by Business Wire0
The unified treasury pricing and relationship profitability solution designed for treasury officers delivers a seamless experience across business units Q2 Holdings,, a leading provider of digital transformation solutions for banking and lending, announced Q2 Premium Treasury Pricing, a unified relationship pricing and profitability module of Q2 PrecisionLender to help financial......
Macquarie Capital Appoints Morgan LeConey Head of US Consumer and Retail, Launching Coverage in the Sector
Finance News

Macquarie Capital Appoints Morgan LeConey Head of US Consumer and Retail, Launching Coverage in the Sector

Business Wire
by Business Wire0
Morgan LeConey will focus on advising clients across the food and beverage, household and personal care products, consumer goods and retail sectors Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, announced it has appointed Morgan LeConey Managing Director, Head of US Consumer and Retail,......
Globant Ventures Invests in Fivvy, a SaaS Platform Bringing Personalized Experience to Banking Customers
Fintech Investment Services News

Globant Ventures Invests in Fivvy, a SaaS Platform Bringing Personalized Experience to Banking Customers

PR Newswire
by PR Newswire0
Relationship will help drive reinvention of the financial industry with customized experiences for business and consumer customers Globant Ventures, Globant’s Corporate Venture Capital, announced its investment in leading SaaS financial industry platform Fivvy. The platform is designed to enable both traditional and digital banking institutions to offer personalized experiences to their customers......
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