Tag : financial institutions

Alkami to Acquire MANTL to Expand Account Opening Capabilities
Banking Fintech News

Alkami to Acquire MANTL to Expand Account Opening Capabilities

PR Newswire
by PR Newswire0
Combination Creates Powerhouse Digital Sales and Service Platform Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that it signed a definitive agreement to acquire Fin Technologies, (“MANTL”) for an enterprise value of $400 million, on a debt free, cash free basis and......
Zest AI Introduces LuLu Pulse -- The First Module of Its Lending Intelligence Platform Available to All Credit Unions
Fintech Lending News

Zest AI Introduces LuLu Pulse — The First Module of Its Lending Intelligence Platform Available to All Credit Unions

PR Newswire
by PR Newswire0
Credit unions can now use generative AI to access industry data for peer benchmarking and financial analysis to drive better lending decisions and operations Zest AI, a leader in AI lending technology, announced the launch of LuLu Pulse, the first module of Zest AI’s Lending Intelligence Platform powered by generative AI that is......
Taktile Secures $54 Million to Enable Risk Experts to Take Control of AI Adoption for Decision Making in Financial Services
Artificial Intelligence Fintech News

Taktile Secures $54 Million to Enable Risk Experts to Take Control of AI Adoption for Decision Making in Financial Services

Business Wire
by Business Wire0
Taktile – a category-defining decision automation platform – has raised $54 million in a Series B funding round, to continue empowering teams at fintech companies and financial institutions to optimize their risk management strategies across the entire customer lifecycle. The round was led by Balderton Capital, with participation from existing investors......
ModernFi Welcomes Visionary Credit Union Leader Jeff Kline to Board
Fintech News

ModernFi Welcomes Visionary Credit Union Leader Jeff Kline to Board

Business Wire
by Business Wire0
Former MDC CEO Joins as Board Observer and Advisor, Bringing Decades of Industry Leadership ModernFi, the leading deposit management platform for financial institutions, announced the appointment of Jeff Kline to its board as a board observer and advisor. Kline, who recently retired as CEO of Members Development Company (MDC), brings......
Ethos Secures $6 Million to Modernize Model Risk Management for Banks and Fintechs
Banking Fintech News Risk Management

Ethos Secures $6 Million to Modernize Model Risk Management for Banks and Fintechs

PR Newswire
by PR Newswire0
Ethos, the modern model risk management platform, announced a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintechs to manage model risk with confidence. The funding round was led by Canapi Ventures, with participation from Capital One Ventures and Better Tomorrow Ventures. Financial institutions today rely extensively on AI, machine......
Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices
Banking Digital Payments News Security

Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices

Business Wire
by Business Wire0
Solution Enables Financial Institutions to Enable Their Own Wallet With a Fully Branded Experience Entrust, a global leader in identity-centric security solutions, has announced the launch of the NFC Issuer Wallet Solution for iOS, allowing European financial institutions to build their own wallet within their banking app, in addition to......
Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider
Finance News

Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Business Wire
by Business Wire0
Businesses on MTN that have onboarded with Ondo will be able to earn yield on idle cash and deploy into tokenized Treasury Bills 24/7 (using fiat rails) via Ondo’s OUSG offering Ondo Finance announced that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token......
Connected and TMS: A Synergistic Force in ATM Operations
Digital Payments News Security Technology

Connected and TMS: A Synergistic Force in ATM Operations

Business Wire
by Business Wire0
Connected Processing Services (CPS) and TMS Global Software have announced a strategic partnership to integrate their cutting-edge technologies for ATM management. This collaboration aims to streamline operations, enhance security, and provide a seamless experience for retail and financial institutions and their customers. “Our partnership with TMS Global Software marks a significant milestone in......
Financial Center First Credit Union Elevates Digital Banking with Alkami; Strengthens Dual-Branded Strategy
Banking Cloud Fintech News

Financial Center First Credit Union Elevates Digital Banking with Alkami; Strengthens Dual-Branded Strategy

PR Newswire
by PR Newswire0
Leveraging Alkami’s cutting-edge technology, Financial Center First Credit Union enhances its dual-branded strategy and member experience with a scalable digital banking platform Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today its partnership with Indianapolis-based Financial Center First Credit Union (Financial Center) to transform its digital banking experience. A......
Anti-money Laundering Pros Find Expanding Uses for AI. But Adoption Remains Slow.
Artificial Intelligence News Technology

Anti-money Laundering Pros Find Expanding Uses for AI. But Adoption Remains Slow.

PR Newswire
by PR Newswire0
Global ACAMS survey by SAS and KPMG reflects that AI and ML integration is on the way – but won’t happen overnight Using AI technology in anti-money laundering (AML) processes has become critical for financial institutions as they work to comply with regulations and combat financial crime. Even so, a......
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