Tag : financial institutions

Pidgin & BMA Banking Systems Partner to Make Faster Payments Accessible for More Financial Institutions
Banking Digital Payments News

Pidgin & BMA Banking Systems Partner to Make Faster Payments Accessible for More Financial Institutions

Business Wire
Pidgin, a secure, faster payments platform built for the future of payments, announced a strategic reseller partnership with BMA Banking Systems, a leading provider of software solutions for banks and credit unions across the U.S. Through this collaboration, BMA Banking Systems will expand access to Pidgin’s platform, empowering more financial......
PortX and Nasdaq Verafin Announce Strategic Partnership to Strengthen Financial Crime Management for Banks and Credit Unions
Banking Fintech News

PortX and Nasdaq Verafin Announce Strategic Partnership to Strengthen Financial Crime Management for Banks and Credit Unions

Business Wire
PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for credit unions with its integration-platform-as-a-service (iPaaS), Fintech Hub, announced a strategic partnership with Nasdaq Verafin, the industry-leading provider of financial crime management solutions. This collaboration reinforces PortX’s mission to deliver innovative,......
Ncontracts Releases 2025 Third-Party Risk Management Survey: Trends & Insights for Financial Institutions
Finance Fintech News Risk Management

Ncontracts Releases 2025 Third-Party Risk Management Survey: Trends & Insights for Financial Institutions

Business Wire
New survey reveals that 73% of institutions have two or fewer full-time employees managing vendor risk, despite half overseeing 300+ vendors Ncontracts, the leading provider of integrated compliance, risk, and third-party management solutions to the financial services industry, today released findings from its 2025 Third-Party Risk Management Survey, revealing the biggest......
1GLOBAL: Message+ Technology for Financial Institutions Ensures Compliance in SMS and WhatsApp Communications
Finance Fintech News

1GLOBAL: Message+ Technology for Financial Institutions Ensures Compliance in SMS and WhatsApp Communications

Business Wire
1GLOBAL, a technology-driven global mobile communications provider, has unveiled its new Message+ service. It extends the company’s industry-leading capturing and recording solutions for financial compliance purposes to text and social communication platforms. Message+ allows investment banks to communicate with their clients across multiple platforms and devices in an integrated, secure......
Atomic Raises $10 Million in Strategic Round from Capital One Ventures, Citi Ventures, and F.N.B. Corporation
Fintech Investment Services News

Atomic Raises $10 Million in Strategic Round from Capital One Ventures, Citi Ventures, and F.N.B. Corporation

Business Wire
Atomic, the market leader in growing account primacy and enabling financial connectivity that drives action, announced a $10 million strategic investment with participation from Capital One Ventures, Citi Ventures, and F.N.B. Corporation (NYSE:FNB). This funding affirms Atomic’s position as a trusted partner for financial services across a range of use......
Innovis Partners with Alloy to Boost Fraud Protection via FailSafe Integration
News Risk Management Security

Innovis Partners with Alloy to Boost Fraud Protection via FailSafe Integration

Business Wire
Alloy customers can now leverage FailSafe within their process workflows to help fight fraud, manage risk and improve account onboarding. Innovis Data Solutions, Inc. a leading provider of fraud prevention and identity verification solutions, announced its integration with Alloy, a global identity and fraud prevention platform provider that helps financial institutions......
Wink and Phoenix Managed Networks Merge to Accelerate AI-Driven Innovations in Payments and Identity
Artificial Intelligence Digital Payments News

Wink and Phoenix Managed Networks Merge to Accelerate AI-Driven Innovations in Payments and Identity

Cision PRWeb
Biometrics and AI expert Wink and global payment technology and services provider Phoenix Managed Networks announced their merger, creating a powerhouse technology provider with the mission to accelerate market adoption of AI and biometrics in omnichannel commerce. The game-changing technology platform created by this business combination offers a unique opportunity for financial......
Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security
Digital Payments News Security

Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security

Business Wire
FICO’s latest research highlights the need for financial institutions to effectively communicate security measures for wider adoption of RTP An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation

Implementing Machine Learning Algorithms for CECL Compliance

Fintech Staff Writer
The Current Expected Credit Loss (CECL) standard, issued by the Financial Accounting Standards Board (FASB), represents a significant shift in how financial institutions estimate credit losses. Unlike the previous incurred loss model, CECL requires organizations to estimate expected losses over the entire life of financial assets, making credit risk assessment......
Rapid Finance Releases Advanced Network Monitoring Features to Lynx Platform to Help SMB and Commercial Lenders Better Combat Fraud
Finance Lending News

Rapid Finance Releases Advanced Network Monitoring Features to Lynx Platform to Help SMB and Commercial Lenders Better Combat Fraud

Business Wire
Rapid Finance, a leader in small business financing and enterprise lending solutions, announced the launch of a new network monitoring feature within its AI-ready data aggregation and assimilation platform, Lynx, designed to enhance fraud detection and ensure the data integrity for its network participants. Lynx’s new network monitoring feature leverages......
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