Tag : financial institutions

Zeta Valued at $2 Billion in New $50 Million Strategic Fundraise
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Zeta Valued at $2 Billion in New $50 Million Strategic Fundraise

Business Wire
by Business Wire0
Pre-money valuation jumps 1.7x from $1.15B in prior round Zeta, a next-gen banking tech provider to financial institutions globally, announced it has secured a $50 million investment from a strategic investor valuing it at $2 billion. Zeta had previously been valued at a pre-money valuation of $1.15 billion when it......
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How Financial Institutions Can Effectively Navigate the Implications of CECL

Danielle Sesko
by Danielle Sesko0
With Current Expected Credit Loss (CECL) requiring institutions to estimate and recognize credit losses upfront, financial leaders must navigate a complex new landscape as this shift could significantly impact loan portfolios, regulatory compliance and long-term strategies – creating potential hurdles for financial institutions. Despite these bumps along the way, CECL......
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GenAI in Fintech: Mitigating Risk and Maximizing Value

Gaurav Passi
by Gaurav Passi0
According to Thompson Reuters, more than one-third of professionals in regulated industries are hesitant about GenAI, and nearly half have no plans to use the technology. While GenAI has enormous potential to revolutionize the way we all work, this uneasiness is perfectly logical, especially for the finance industry. GenAI hallucinations......
Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Commercial Banking Teams
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Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Commercial Banking Teams

Business Wire
by Business Wire0
Q2 Holdings, a leading provider of digital transformation solutions for financial services, announced that Wells Fargo has launched a commercial banking platform designed to improve bankers’ ability to serve commercial clients, and increase collaboration and efficiency. “We are excited to partner with Wells Fargo to transform and enhance the experience......
Personetics' New Features Give Banks More Ways to Monetize Customer Wellness
Banking Finance Fintech News

Personetics’ New Features Give Banks More Ways to Monetize Customer Wellness

PR Newswire
by PR Newswire0
Personetics’ latest product release empowers financial institutions to develop highly personalized customer experiences that democratize financial advice, inspire action, and drive business value Personetics, the company transforming how banks build and monetize customer relationships, announced a series of new features for its AI-powered flagship product, Personetics Engage. These enhancements enable......
Cync Software Launches Advanced Securities-Based Lending Solution for Financial Institutions
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Cync Software Launches Advanced Securities-Based Lending Solution for Financial Institutions

Cision PRWeb
by Cision PRWeb0
Cync Securities-Based Lending enables financial institutions to swiftly lend against a diverse range of domestically and internationally traded marketable securities, including stocks, funds, and bonds. With actionable insights and advanced risk mitigation tools, financial institutions can confidently navigate market volatility while optimizing portfolio management and loan operations through a fully......
Provana Acquires Palinode, Further Strengthening Dispute Solutions for Financial Institutions
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Provana Acquires Palinode, Further Strengthening Dispute Solutions for Financial Institutions

Business Wire
by Business Wire0
Provana, a leading provider of tech-enabled services for the financial and receivables management sector, today announced its acquisition of Palinode, a recognized leader in credit dispute management solutions for financial institutions. This strategic move enhances credit dispute investigation and resolution capabilities, delivering significant value to clients. “In Palinode’s Sonnet product,......
Pocketnest Generative AI Transforms Credit Unions
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Pocketnest Generative AI Transforms Credit Unions

PR Newswire
by PR Newswire0
Personalized financial insights boost engagement and identify growth Pocketnest, the woman-founded financial wellness platform, announces the results of its initial beta rollout of its generative AI, Birdie, with select credit unions. “Birdie represents a game-changing opportunity for financial institutions to deepen engagement with their digitally savvy community,” said Ben Maxim, Chief Operating......
ModernFi Appoints Former nCino Executive Will Cameron as Chief Revenue Officer to Lead Growth and Customer Success
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ModernFi Appoints Former nCino Executive Will Cameron as Chief Revenue Officer to Lead Growth and Customer Success

Business Wire
by Business Wire0
Deeply experienced leader in scaling financial technology solutions to oversee the company’s revenue organization ModernFi, the leading technology provider for deposit management, is delighted to announce the appointment of Will Cameron as Chief Revenue Officer. This strategic hire underscores ModernFi’s commitment to accelerating growth and expanding its market presence. In......
Lyzr AI Launches Customer Service Agent as Part of Banking Agent Hub, More to follow
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Lyzr AI Launches Customer Service Agent as Part of Banking Agent Hub, More to follow

EIN Presswire
by EIN Presswire0
Lyzr, the responsible ai focused enterprise platform for creating reliable AI agents and known for its focus on Safe and Responsible AI, is announcing the launch of its first AI agent for the banking sector. After collaborating with 30+ financial institutions, including banks and insurance organizations, Lyzr AI has developed......
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