Tag : financial institutions
Visa Harnesses Real-Time Deep Learning to Enhance Transaction Processing
Visa announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyze past transactions, Smarter STIP generates informed decisions to approve or decline transactions on behalf of issuers in......
Clear Core Signs Pyramid Federal Credit Union To Become Their Data Analytics Provider
Despite the COVID headwinds, the Tucson-based financial technology company, Clear Core signed an alpha partner this month, validating a market need for clean data that leads to actionable insights and accelerated data-driven decision making. “This is a huge milestone. We brought Clear Core to market just as COVID became a......
MX Widens Lead With More Than 50,000 Connections To The Top Financial Institutions And Fintechs
MX, the leading financial data platform enabling organizations to develop, launch, and power new money experiences, announced that it has widened its lead as the top connector to financial institutions and fintechs with more than 50,000 connections. By offering multiple connections through direct-to-bank API agreements, partners, white-listed IPs, and consumer-permissioned......
Remote Core Conversions Rule as Financial Institutions Move to Fiserv to Support Strategic Initiatives
COVID-19 pandemic hastens long-term trend toward more digital interactions Fiserv, Inc. , a leading global provider of financial services technology solutions, announced today that within the last five months, more than 20 financial institutions have completed remote core conversions to advance their individual strategies of digital engagement and further customer......
Wealthtech Platforms Will Help Reshape Wealth Management: A Few Examples of Top Innovators in Wealthtech
Wealthtech (Wealth Technology) is a subset of fintech. Wealthtech companies offer digital solutions to enhance personal and professional wealth management. Wealthtech uses pioneering technologies such as artificial intelligence and big data to provide improved customer services through Robo Advisors, digital brokerage systems, portfolio management and more to manage risk and......
Access Softek’s Access Commercial Platform Presents Growth Opportunity for Community Financial Institutions
Access Softek, a digital banking platform provider, has announced its commercial banking platform, Access Commercial, enabling community financial institutions to maintain a presence in the $600 billion commercial banking market(Access Softek ). Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies .@AccessSoftek’s Access Commercial platform presents......
When FinTech Goes Free-Range
Fintech started as tech for financial firms, but the needs of consumers for other money-related activities had already started to broaden its range. Will COVID-19 and a recession mean a retrenchment or an expansion for broader consumer fintech? The history of fintech is long, centuries even, depending on what you......