Tag : Banks

OpenWay's-New-Solution-Accelerates-Payment-Innovation-for-Banks-and-Fintechs-Across-the-Americas.jpg
Banking Finance Fintech News

OpenWay’s New Solution Accelerates Payment Innovation for Banks and Fintechs Across the Americas

PR Newswire
OpenWay, the global vendor of the Way4 platform top-rated by Aite (Datos Insights) and Juniper Research, is launching an innovative payment software solution for issuing, acquiring, payment switching, and digital wallets in North and Latin America. With Way4, banks, credit unions, processors, and fintechs can overcome the limitations of legacy payment processing......
Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation
Banking Finance Fintech News

Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Business Wire
Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at......
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
Docupace Unveils Reimagined User Experience and Enhanced Platform Empowering Users Like Never Before
Banking Fintech News

Docupace Unveils Reimagined User Experience and Enhanced Platform Empowering Users Like Never Before

PR Newswire
New Modern, Intuitive and Intelligent Experience will Accelerate Delivery, Increase Adoption and Boost Operational Scale Docupace, the trailblazer in back-office automation software for wealth management enterprises, proudly announces the launch of its next-generation user interface (UI) and user experience (UX) initiative – a leap forward designed to turbocharge productivity, fuel......
Lucinity and Facctum Partner for AI-Powered, Real-Time Watchlist Screening and Investigations
Artificial Intelligence Finance Fintech News

Lucinity and Facctum Partner for AI-Powered, Real-Time Watchlist Screening and Investigations

EIN Presswire
Lucinity, a leader in AI-driven financial crime investigation tools, and Facctum, a provider of watchlist screening technology, have announced a strategic partnership. This collaboration offers a seamless, end-to-end financial crime prevention solution by integrating Facctum’s real-time screening capabilities into Lucinity’s platform. By combining their strengths, Lucinity and Facctum will handle......
IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment
Banking Finance Fintech News

IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment

PR Newswire
New findings from IBM’s Institute for Business Value and the Banking Industry Architecture Network (BIAN), with contributions from the SME Finance Forum managed by the International Finance Corporation (IFC), revealed that despite the significant role small to medium-sized enterprise (SME) plays in the global economy, banks may be missing an......
New Oracle Cloud Service Helps Banks Quickly Identify Financial Crime Risk
Banking Cloud Fintech News Risk Management

New Oracle Cloud Service Helps Banks Quickly Identify Financial Crime Risk

PR Newswire
Financial Crime and Compliance Management Monitor delivers advanced visualizations to support banks in managing risk and meeting compliance analysis and reporting requirements Oracle announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can gain a holistic, centralized......
Research: 88% of Top Global Banks Unprepared for Climate-Related Disruptions
Banking Fintech News

Research: 88% of Top Global Banks Unprepared for Climate-Related Disruptions

Business Wire
First-of-its-kind Report Ranks 50 of the World’s Largest Commercial Banks on Climate Adaptation Maturity; US and Australian Banks Lag Behind Climate X, a leader in climate risk data analytics, today announced the findings of its first-of-its-kind report, The Top 50 Banks in the World Tackling Adaptation 2024, conducted in collaboration......
Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
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