Tag : financial ecosystem

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The Future of Digital Currencies: Impact on Legacy Payment Systems and Banking Disruption

Fintech Staff Writer
Digital currencies are reshaping the financial landscape, creating opportunities and challenges for legacy payment systems and traditional banking institutions. These currencies, which exist solely in electronic form, include both cryptocurrencies like Bitcoin and Ethereum and central bank digital currencies (CBDCs) issued by governments. As digital currencies gain traction, their influence......
Surus Raises $8M Seed Round and Opens Surus Trust Company to Power Onchain Finance
Finance Fintech News

Surus Raises $8M Seed Round and Opens Surus Trust Company to Power Onchain Finance

PR Newswire
Surus, an institutional-grade asset management and custody platform for onchain finance, announced that it received regulatory approval from the North Carolina Commissioner of Banks to open Surus Trust Company, a wholly owned subsidiary. Surus’s mission is to accelerate and improve the onchain financial ecosystem. Powered by Surus Trust Company, the Surus......
ImpactAI Solutions, a Division of CSS IMPACT, Unveils Groundbreaking Interactive Voice AI Smart Collectors to Transform Debt Collection
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ImpactAI Solutions, a Division of CSS IMPACT, Unveils Groundbreaking Interactive Voice AI Smart Collectors to Transform Debt Collection

PR Newswire
CSS IMPACT, the leading provider of AI-driven debt collection financial ecosystem solutions, through its specialized division, ImpactAI Solutions, is thrilled to announce the launch of groundbreaking advancements within the IMPACT Enterprise Debt Collections Software Suite: the Interactive Voice AI Smart Collectors, Ava and Ivan. These state-of-the-art AI-powered agents are set......
Wirex Works with Banking Circle to Revolutionize Global Financial Operations
Banking Fintech News

Wirex Works with Banking Circle to Revolutionize Global Financial Operations

PR Newswire
Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services. This strategic collaboration is set to dramatically enhance Wirex’s financial operations across the globe, empowering millions of users with cutting-edge banking solutions. Under the cooperation, Banking Circle......
Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand
Fintech Investment Services News

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......
Pagaya Announces Appointment of Josh Fagen as Head of Investor Relations and COO of Finance
Finance Fintech News

Pagaya Announces Appointment of Josh Fagen as Head of Investor Relations and COO of Finance

Business Wire
With 25+ years of experience across financial services and investor relations, Fagen, formerly of SoFi and Citadel, joins Pagaya to expand their investor relations capabilities and amplify the company’s strong financial performance to date Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced......
Pagaya to Offer More Installment Financing Solutions for Banks and Merchants Through Mastercard Engage Program
Fintech News

Pagaya to Offer More Installment Financing Solutions for Banks and Merchants Through Mastercard Engage Program

Business Wire
Pagaya selected for Engage program to enable more banks and fintech partners to deliver real-time installment loans for more customers in fast-growing point-of-sale space Pagaya Technologies Ltd. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced it is joining the Mastercard Engage program. The Mastercard Engage......
TPAY Releases a White Paper on How Open Banking Empowers Financial Freedom
Banking News

TPAY Releases a White Paper on How Open Banking Empowers Financial Freedom

GlobeNewswire
TPAY, the leading payments provider in the Middle East, Africa, and Turkey (META), has published a comprehensive white paper detailing the benefits of Open Banking for businesses and consumers through data aggregation. This white paper examines the evolving market dynamics globally and within the Middle East, highlighting the challenges and......
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The Power of AI: Three Ways Banks Are Utilizing AI To Drive Innovation, Personalization and Revenue

Mathias Mercier
Open banking is transforming how banks operate, by enabling the seamless and secure transfer of financial data between banks, financial institutions, fintechs and other third-party providers. And most banks recognize that open banking is more than providing access to data–it’s powering innovation, creating better experiences for customers and, ultimately, driving......
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