Tag : finance industry

Secure Funder Launches, Charter Members Join To Establish Data Protection Standards in Alternative Finance
Finance News

Secure Funder Launches, Charter Members Join To Establish Data Protection Standards in Alternative Finance

EIN Presswire
by EIN Presswire0
The industry’s first independent certification program launches with strong early participation and invites additional funders to come forward. Secure Funder™, an independent initiative for the business finance industry, today announced its official launch with close to a dozen charter member applicants. The launch marks the introduction of the first formal......
Diversis Capital Acquires LTi Technology Solutions to Accelerate Innovation in Equipment Finance Technology
Finance Fintech News

Diversis Capital Acquires LTi Technology Solutions to Accelerate Innovation in Equipment Finance Technology

PR Newswire
by PR Newswire0
LTi Technology Solutions (LTi), a global leader in software for the equipment finance industry, announced it has been acquired by Diversis Capital, L.P. (Diversis), a Los Angeles-based private equity firm focused on building and scaling high-growth software and technology-enabled services companies. Founded in 1989, LTi has spent more than three decades......
ELFA and CLFP Foundation Announce Approval of Formal Affiliation to Strengthen Talent Pipeline for Equipment Finance Industry
Finance News

ELFA and CLFP Foundation Announce Approval of Formal Affiliation to Strengthen Talent Pipeline for Equipment Finance Industry

GlobeNewswire
by GlobeNewswire0
The Equipment Leasing & Finance Association (ELFA), the trade association representing the $1.3 trillion equipment finance industry, and the Certified Lease & Finance Professional (CLFP) Foundation, the organization responsible for the preeminent credential for equipment leasing and finance professionals, announced the establishment of a formal affiliation. The move follows a vote by CLFP......
Equipment Finance Industry Sees 3.1% Growth in New Business Volume Amid Tightening Credit in 2024
Finance Fintech News

Equipment Finance Industry Sees 3.1% Growth in New Business Volume Amid Tightening Credit in 2024

GlobeNewswire
by GlobeNewswire0
Overall new business volume (NBV) growth in the $1.3 trillion equipment finance industry increased from 1.1% in 2023 to 3.1% in 2024, according to the 2025 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing & Finance Association (ELFA). This annual SEFA report provides key statistical and financial benchmarks based on......
EquiLend Launches Short Squeeze Score to Help Market Participants Stay Ahead of Volatility
Finance Fintech News

EquiLend Launches Short Squeeze Score to Help Market Participants Stay Ahead of Volatility

PR Newswire
by PR Newswire0
New metric empowers market participants to proactively monitor short squeeze risk by leveraging combined insights from market behavior, securities finance activity and social sentiment. EquiLend, the global leader in data and technology for the securities finance industry, has announced the launch of its Short Squeeze Score – a unique trading signal designed......
FloQast Launches Auditable AI Agents to Bridge the Talent Gap and Elevate Accountants from Preparers to Strategic Reviewers
Artificial Intelligence Fintech News

FloQast Launches Auditable AI Agents to Bridge the Talent Gap and Elevate Accountants from Preparers to Strategic Reviewers

GlobeNewswire
by GlobeNewswire0
First-to-market AI capability enables accounting teams to automate recurring workflows; new FloQast Transform product empowers customers to build their own bespoke AI agents FloQast, an Accounting Transformation Platform created by accountants for accountants, announced the launch of FloQast AI Agents, a groundbreaking, auditable AI capability that, for the first time......
Artificial Intelligence Finance Fintech Guest Posts Security Trading

Addressing the Cybersecurity Challenges in Finance’s Adoption of AI Agents

Ben Kliger
by Ben Kliger0
The adoption of AI agents has become prevalent in various industries, including finance. AI agents can operate intelligently and autonomously, such as customer service agents or financial trading bots that analyze markets and execute trades without human input. However, they can also create cybersecurity and compliance challenges. The finance industry......
Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service
Artificial Intelligence Digital Payments Finance Fintech News

Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service

PR Newswire
by PR Newswire0
Assist.AI boosts efficiencies and bridges the knowledge gap in trade finance, enabling banks to focus on strategic projects Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI......
Finance Fintech Guest Posts Payment gateways Risk Management

GenAI in Fintech: Mitigating Risk and Maximizing Value

Gaurav Passi
by Gaurav Passi0
According to Thompson Reuters, more than one-third of professionals in regulated industries are hesitant about GenAI, and nearly half have no plans to use the technology. While GenAI has enormous potential to revolutionize the way we all work, this uneasiness is perfectly logical, especially for the finance industry. GenAI hallucinations......
1