Tag : Cloud

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AI and Data Interoperability are Crucial for Success in the Financial Industry

Yohan Lobo
by Yohan Lobo0
Businesses within the financial services sector are among the  industries leading the way in delivering AI initiatives to enhance services and improve decision-making however, rich data and strong infrastructure is the essential foundation for successful implementation. Still plagued by inefficient manual processes and lack sufficient data resources, only 31% of......
Options Announces Promotion of Michelle Kendell to Vice President and Managing Director of Hong Kong
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Options Announces Promotion of Michelle Kendell to Vice President and Managing Director of Hong Kong

Business Wire
by Business Wire0
Options Technology (Options), a leading provider of cloud-enabled managed services to the global capital markets, is pleased to announce the promotion of Michelle Kendell to Vice President and Managing Director of Hong Kong. Michelle will lead the company’s operations in Hong Kong in her new role. “I am honoured to......
Alkami Launches First-to-Market Business Banking Digital Maturity Assessment
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Alkami Launches First-to-Market Business Banking Digital Maturity Assessment

PR Newswire
by PR Newswire0
Helping banks and credit unions assess and advance their business banking digital strategies Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the launch of its Business Banking Digital Maturity Assessment. Built only for financial institutions, this first-of-its-kind innovative tool was derived from a recent study that......
Nearly Half of Consumers Feel Comfortable with Insurers Using AI to Monitor Severe Weather Risks, but Concerns About Premiums Remain High, Insurity Survey Finds
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Nearly Half of Consumers Feel Comfortable with Insurers Using AI to Monitor Severe Weather Risks, but Concerns About Premiums Remain High, Insurity Survey Finds

Business Wire
by Business Wire0
The Insurity 2025 AI in Insurance Report highlights consumer sentiment on AI adoption in the P&C insurance industry, uncovering crucial insights for insurers navigating the future of risk management Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, released its 2025 AI in Insurance Report, highlighting......
Alkami Unveils the Top Five Business Banking Trends Shaping 2025
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Alkami Unveils the Top Five Business Banking Trends Shaping 2025

PR Newswire
by PR Newswire0
A webinar will be hosted by Alkami in conjunction with bank and credit union experts to explore innovative business banking solutions and strategies Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., has identified five key business banking trends for 2025. These highlight opportunities for financial institutions......
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How Digital Business Models Are Shaping the Future of Commercial Banking

Fintech Staff Writer
by Fintech Staff Writer0
The commercial banking sector is undergoing a seismic shift as digital business models redefine its core operations and customer interactions. Over the years, banking has evolved from physical branches and manual processes to a dynamic digital ecosystem driven by technological advancements. From early innovations like ATMs and online payments to......
Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities
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Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities

PR Newswire
by PR Newswire0
The acquisition marks a strategic move by the cloud banking leader to extend its payment capabilities for customers, as Mambu eyes market expansion and accelerated growth in support of long-term plans. Numeral’s platform will be integrated into Mambu’s core banking offerings, with advanced payment solutions technology, to accelerate and advance......
EPAM Completes Strategic Acquisition of First Derivative, Enhancing AI and Data-Driven Solutions for Financial Services
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EPAM Completes Strategic Acquisition of First Derivative, Enhancing AI and Data-Driven Solutions for Financial Services

PR Newswire
by PR Newswire0
Strategic acquisition strengthens EPAM’s financial services delivery capabilities in North America, Europe and APAC, enhancing end-to-end services EPAM Systems, a leading digital transformation services and product engineering company, announced the successful completion of its acquisition of First Derivative, a Northern Ireland-headquartered managed services and consulting business for the capital markets industry with more than......
Lumin Digital Secures $160 Million in Growth Funding
Banking Digital Fintech News

Lumin Digital Secures $160 Million in Growth Funding

PR Newswire
by PR Newswire0
Lumin Digital raises capital to further accelerate its business growth and continue the Company’s momentum  Lumin Digital, a leading cloud-native digital banking provider, announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients. Lumin Digital......
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