Tag : Banks

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
by Ali Hamriti0
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
by PR Newswire0
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
by PR Newswire0
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
by Business Wire0
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
by PR Newswire0
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
by Business Wire0
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......
Risk Cultures Can Make or Break Banks
News Risk Management

Risk Cultures Can Make or Break Banks

PR Newswire
by PR Newswire0
Special report on banking by ACCA shows how the financial services industry needs to learn where risk governance went wrong in the run-up to the 2023 bank collapses. A new report released by ACCA (the Association of Chartered Certified Accountants) examines the impact of risk cultures in the banking industry and how financial......
FinTech Venture Studio, Surge Ventures Launches Its Inaugural Company, RegVerse and Unveils an Industry First Generative AI-Powered Regulatory Management Platform
Fintech News

FinTech Venture Studio, Surge Ventures Launches Its Inaugural Company, RegVerse and Unveils an Industry First Generative AI-Powered Regulatory Management Platform

PR Newswire
by PR Newswire0
Avery, the Regulatory Co-Pilot, Is Designed to Offer 24/7 Personalized Regulatory and Enforcement Action Insights to Minimize Risk Of Non-Compliance, All While Saving Time And Money For SEC, FINRA and State-Board Regulated Firms Surge Ventures, a FinTech Venture Studio, proudly announces the launch of its inaugural venture, RegVerse which focuses on......
Truecaller Acquires TrustCheckr, A Fraud Detection Service
Fintech News

Truecaller Acquires TrustCheckr, A Fraud Detection Service

PR Newswire
by PR Newswire0
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has......
Incenter Insurance Solutions Launches Incenter Connect™, Giving Companies The Ability To ‘Plug and Play’ Coverage Plans Into Every Deal
InsurTech Mortgage News

Incenter Insurance Solutions Launches Incenter Connect, Giving Companies The Ability To ‘Plug and Play’ Coverage Plans Into Every Deal

Business Wire
by Business Wire0
At the click of a button, mortgage providers, banks and car dealers can access an embedded insurance platform designed to quickly deliver protection plans for greater deal flow. Incenter Insurance Solutions, a member of the Incenter Lender Services family of companies, announced the launch of an innovative digital/mobile embedded insurance solution......
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