Tag : Banks

Evervault Debuts Modular Payment Security Platform to Give Customers More Flexibility and Control
Digital Payments News Security

Evervault Debuts Modular Payment Security Platform to Give Customers More Flexibility and Control

Business Wire
Evervault launches into the payments landscape by applying their advanced encryption model to payments security infrastructure. The platform offers the highest optionality and security to customers, giving them full ownership over their payment stack with minimal compliance burden. As payments become increasingly global and digital, offering greater flexibility empowers companies......
Banks to Play a Pivotal Role in the Low-Carbon Transition, Contributing up to $600 Billion Annually Through 2030 - Bain & Company
Finance Investment Services News

Banks to Play a Pivotal Role in the Low-Carbon Transition, Contributing up to $600 Billion Annually Through 2030 – Bain & Company

PR Newswire
Banks will generate $44 billion in incremental revenues annually through 2030 from financing the transition, primarily via corporate loans American banks will see the largest opportunity this decade, with Asia Pacific then taking the lead through 2050 Pioneering banks who finance the transition could increase profits by up to 30% by 2050 Global banks......
FIS Launches Innovative New Fintech Platform – Atelio™ by FIS
Finance Fintech News

FIS Launches Innovative New Fintech Platform – Atelio™ by FIS

Business Wire
Atelio by FIS is an innovative fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings. Building on FIS’ history of financial innovation and focus on the financial services industry, Atelio accesses FIS’ scaled technology, broad suite of financial......
Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry
Artificial Intelligence Fintech News

Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry

PR Newswire
This strategic collaboration combines device intelligence and AI-powered risk decisioning to reduce fraud and enhance the customer experience Fingerprint, the world’s most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience. Cumulative online......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Artificial Intelligence Fintech News

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

PR Newswire
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision making, increase risk accuracy and standardize the business credit score Worth AI, a fintech SaaS startup, officially launched and announced its artificial intelligence-powered risk management......
Ascent Partners with MSU Federal Credit Union to Transform Business Lending
Lending News

Ascent Partners with MSU Federal Credit Union to Transform Business Lending

PR Newswire
Through a pilot partnership, MSUFCU will test Ascent’s Loan Origination add-on for unsecured business loans and lines of credit, offering members a streamlined and efficient lending experience. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, is pleased to announce its partnership with Michigan State University Federal Credit......
As Middle Market Companies in the U.S. Go Digital, Increased Pressure on Banks to Keep Up
Banking Fintech News

As Middle Market Companies in the U.S. Go Digital, Increased Pressure on Banks to Keep Up

Business Wire
Coalition Greenwich Announces 2023 Greenwich Excellence, Best Brand and Share Leaders in U.S. Middle Market Banking Middle market companies are going digital, and the transition is shaking up the U.S. commercial banking business. Across the U.S. commercial banking industry, companies’ perceptions of their banks’ digital offerings have been on the......
Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
U.S. Small Businesses Economy
Banking Fintech News

U.S. Small Businesses Increasingly Upbeat About the Economy and Their Banks

Business Wire
Coalition Greenwich Announces winners of 2023 Greenwich Excellence, Best Brand and Share Leaders in U.S. Small Business Banking Increased optimism among small businesses about the U.S. economy is carrying over to their banking relationships. Falling inflation, a friendlier Federal Reserve and diminishing concerns about a recession have elevated small business......
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