Tag : financial institutions

Banking Digital Payments Finance Fintech Guest Posts

Can Embedded Payments Push Banks Ahead of FinTechs in 2024?

Carl Robinson
by Carl Robinson0
By Carl Robinson, Chief Revenue Officer, Dragonfly Financial Technologies The competition between traditional banks and FinTech companies is dynamic and influenced by various factors, including regulations, technological advancements, customer preferences and market trends. But embedded payments is refusing to sit on the sidelines any longer and is looking to play......
Finxact and Zafin Collaborate to Bolster Capabilities and Support Core Banking Transformation
Banking Fintech News

Finxact and Zafin Collaborate to Bolster Capabilities and Support Core Banking Transformation

Business Wire
by Business Wire0
Finxact, a Fiserv company and leading provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, and Zafin, a leading provider of SaaS core modernization and transformation solutions for banks, are revolutionizing how financial institutions approach core transformation projects. Zafin’s enterprise product and pricing capabilities......
Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature
Finance Fintech News

Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature

PR Newswire
by PR Newswire0
Advanced Fraud Solutions (AFS) today announced a significant enhancement to its fraud prevention platform, Positive Pay by AFS, aimed specifically at protecting financial institutions’ business accounts and individual account holders. The enhancement, Payee Positive Pay, introduces image capture technology to verify payee names. Despite broader trends towards digital payment methods, check fraud remains a critical concern......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
Lucinity Appoints Udi Nessimyan as President and Chief Revenue Officer
Artificial Intelligence News

Lucinity Appoints Udi Nessimyan as President and Chief Revenue Officer

PR Newswire
by PR Newswire0
Lucinity , a leader in generative AI for financial institutions, is thrilled to announce the appointment of Udi Nessimyan as its new President and Chief Revenue Officer. Udi brings to the role a wealth of experience from his time in AI development at some of the world’s most prestigious tech companies,......
Finastra reimagines digital experiences with Next Gen Mobile Banking
Finance Fintech News

Finastra reimagines digital experiences with Next Gen Mobile Banking

PR Newswire
by PR Newswire0
The enhanced banking application empowers community banks and credit unions to remain competitive, offering a seamless user experience across multiple platforms and new features for account holders Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen......
Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors
Banking News

Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors

PR Newswire
by PR Newswire0
Digital channel spending as a percentage of total IT spend up 3%; Chatbot deployment increased by 15% Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of its latest research in partnership with Cornerstone Advisors’ Ron Shevlin, chief research officer. The Digital Banking Performance......
Socure Unveils the Industry's Most Accurate AI-Powered Global Watchlist Screening and Monitoring Solution
News Security

Socure Unveils the Industry’s Most Accurate AI-Powered Global Watchlist Screening and Monitoring Solution

PR Newswire
by PR Newswire0
Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, unveiled the industry’s most accurate AI-powered global watchlist screening and monitoring solution. The solution enables financial institutions to accurately screen, monitor, and assess new and existing customers against the Office of Foreign Assets Control (OFAC) sanction......
Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios
Analytics Cloud News

Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios

PR Newswire
by PR Newswire0
With new Oracle Climate Change Analytics Cloud Service banks can calculate and assess the impact of emissions in their operations and those of the businesses they finance Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest......
1