Tag : finance industry

Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes
Lending News

Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes

Business Wire
by Business Wire014
 Digital transformation of paper processes critical for optimizing the customer experience In a space that has experienced a considerable level of digital transformation in recent years, equipment lease and financing firms continue to persist in an over-reliance on paper processes for a number of customer-related transactions. Given increasing customer demand......
Arkifi Emerges from Stealth, Building Factual and Trustworthy Tools with Generative AI for the Finance Industry
Artificial Intelligence Finance News

Arkifi Emerges from Stealth, Building Factual and Trustworthy Tools with Generative AI for the Finance Industry

Cision PRWeb
by Cision PRWeb0134
Arkifi raised over $9 million in a seed round co-led by Nyca Partners and Khosla Ventures. The company was founded by former employees of Khosla Ventures, JP Morgan, and Bridgewater Arkifi.ai emerged from stealth with $9 million in seed financing co-led by Khosla Ventures and Nyca Partners, with participation from Soma Capital,......
Green RWA and Finastra Unveil a New Platform for Climate Risk Management
Banking Finance News

Green RWA and Finastra Unveil a New Platform for Climate Risk Management

PR Newswire
by PR Newswire0150
The CERM Sandbox enables banks to better understand and manage climate risks in lending portfolios Finastra, a global provider of financial software applications and marketplaces, and Green RWA, a pioneering association in climate transition, announced the launch of the Climate-Extended Risk Model (CERM) Sandbox. The new platform offers an interactive and......
Credit Genie Secures $4 Million Series A Financing to Expand its Innovative Approach to Behavioral Finance and Personalized Budgeting
Finance Machine Learning News

Credit Genie Secures $4 Million Series A Financing to Expand its Innovative Approach to Behavioral Finance

PR Newswire
by PR Newswire0227
Creditly Corp., dba Credit Genie, a digital personal finance platform that has helped more than one million Americans, announced that it has raised $4 million in Series A financing. The funding round was led by Tippet Ventures and Khosla Ventures, with participation from Gabriel Investments. Credit Genie’s innovative use of artificial intelligence......
Trovata Launches First Generative AI Finance & Treasury Tool
Artificial Intelligence News

Trovata Launches First Generative AI Finance & Treasury Tool

PR Newswire
by PR Newswire0206
Trovata AI democratizes financial acumen, treasury expertise, and business intelligence Trovata, the global leader in bank APIs and cash management, announced the first generative AI entrant in the fintech space. Trovata AI leverages OpenAI’s ChatGPT technology to accelerate the company’s vision of automating cash workflows and business intelligence for corporate finance,......
First Federal Bank Announces New Equipment Finance Business Line
Banking News

First Federal Bank Announces New Equipment Finance Business Line

PR Newswire
by PR Newswire0159
First Federal Bank announced the initiation of a Corporate Equipment Financing line of business, as the most recent addition to the Capital Solutions division. An elite team has been engaged to specialize in multimillion dollar equipment financing. First Federal Bank’s expanded offering will support customers in our community banking markets......
PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration
Digital Payments Fintech News

PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration

Fintech News Desk
by Fintech News Desk0241
ABS clients can now accept cash, card and ACH payments, as well as the most popular mobile payment types, all through a single platform PayNearMe, a fast-growing fintech company radically improving the customer payment experience, and Allied Business Systems, LLC (ABS), a leading software solution for the consumer finance industry,......
EquiLend Selects Digital Asset as Distributed Ledger Technology for Securities Finance Market Initiative
Finance News

EquiLend Selects Digital Asset as Distributed Ledger Technology for Securities Finance Market Initiative

PR Newswire
by PR Newswire0185
Digital Asset to provide the underlying technology for the new industry-driven 1Source initiative led by EquiLend EquiLend announces that it has selected Digital Asset to provide the distributed ledger technology underpinning the EquiLend 1Source initiative. Unveiled in July 2022 as part of EquiLend’s Digital Transformation Working Group, which consists of many of the world’s largest banks......
Compass UOL Announces Strategic Partnership with mLogica
Digital News Technology

Compass UOL Announces Strategic Partnership with mLogica

Fintech News Desk
by Fintech News Desk0218
Compass UOL, a global digital transformation company, announces a strategic partnership with US-based IT modernization and complex event analytics specialist, mLogica. Together, the two digital transformation experts will expand their legacy modernization offerings in Brazil and Latin America. A few months ago, Compass UOL signed another important strategic collaboration agreement with AWS to......
Inscribe Addresses Demand for Better Risk Management, Faster Approvals From Finance Industry
News Risk Management

Inscribe Addresses Demand for Better Risk Management, Faster Approvals From Finance Industry

Fintech News Desk
by Fintech News Desk0321
3x Y-o-Y increase in ARR, new Credit Analysis features, and AI-powered bank statement automation enables businesses to approve more customers Inscribe, the award-winning fraud detection and document automation platform, announced that it has released new features to help the financial services industry meet demands for better risk management and faster......
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