Tag : Financial Crisis

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
by GlobeNewswire0
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......
Compliance management Fintech Primers Recommended

What Is Anti-Money Laundering?

Pooja Choudhary
by Pooja Choudhary0
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? Criminals’ efforts to launder cash are continuing to shift towards digital currency as its circulation grows. Also, traditional anti-money laundering is being gradually replaced by electronic anti-money laundering (transaction laundering). Let’s......
Business Digital Payments Fintech News

Retreeb And Intergiro Launch Sustainable Payment Solution

Fintech Staff Writer
by Fintech Staff Writer0
Swedish-based Intergiro, a prominent European Banking as a Service (BaaS) platform, today announced a partnership with Retreeb, a Swiss payment service that enables users to donate to charitable organisations. This agreement, which is backed by Intergiro’s cutting-edge embedded finance technology, represents an important step towards the introduction of Retreeb’s sustainable......
Payfor How a Financial Specialist Co is saving thousands of SMEs from closing
Digital Payments News

Payfor How a Financial Specialist Co is saving thousands of SMEs from closing

Fintech News Desk
by Fintech News Desk0
The burgeoning financial crisis plaguing consumers and small businesses, is causing a severe cash-flow problem. It’s an extremely worrying picture and, unfortunately, things do not look like they will get better anytime soon. Latest Fintech News: Pinwheel Furthers its Commitment to Providing Best-in-Class Security and Compliance for Income Data by......
Financial Health Of Largest US Corporate Pension Plans Surges To Highest Level Since Financial Crisis
Fintech News

Financial Health Of Largest US Corporate Pension Plans Surges To Highest Level Since Financial Crisis

Fintech News Desk
by Fintech News Desk0
Funded status jumped to 96%, up 8 percentage points during 2021, Willis Towers Watson analysis finds The financial health of the nation’s largest corporate defined benefit pension plans improved significantly in 2021 as strong investment returns and rising interest rates help to drive their aggregate funded status to its best......
Kenya: Health CS Calls For Innovative Health Financing To Help Address Emerging Challenges
Finance Investments News

Kenya: Health CS Calls For Innovative Health Financing To Help Address Emerging Challenges

Fintech News Desk
by Fintech News Desk0
According to the CS, the most important lesson the country has learnt from the pandemic is the need to articulate what matters most and to prioritize investments Health Cabinet Secretary Mutahi Kagwe is rooting for multi-stakeholder and cross-sectoral partnerships to help catalyse investments and innovations in the health sector in......
Standard Chartered taps Gloat to create virtual internal marketplace for workforce
Banking Fintech Mobile Banking News

Standard Chartered Appoints Robert Zoellick To Chair International Advisory Council

Fintech News Desk
by Fintech News Desk0
Stephanie Carullo, Naina Kidwai and Jane Sun join as members LONDON — Standard Chartered plc (the Group) has appointed Robert Zoellick to chair its International Advisory Council (IAC), a diverse, multidisciplinary panel of experts whose role is to provide insight on global trends and opportunities that may affect the Group and its......
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