Tag : financial services

Hapax Launches; Touts Unprecedented AI For Financial Services
Artificial Intelligence Finance Fintech News

Hapax Launches; Touts Unprecedented AI For Financial Services

PR Newswire
by PR Newswire0
The product is currently being tested with beta partners. Early users report the tool becoming an instant companion, relying on it for multiple hours each workday and often asking it dozens of questions. Today, Hapax launched unprecedented financial services AI to market. Trained on 13 years of proprietary data, the AI delivers......
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Fintech Guest Posts

Future-Proofing Finance With AI, Financial Wellness, and Fintech Partnerships

David Dowhan
by David Dowhan0
Though digital transformation is nothing new, the past several years have accelerated that transformation for many industries that were traditionally slow to adopt new technologies, such as the financial sector. Driven by emerging financial technologies (fintechs), businesses in the financial services industry are at a crossroads: Adopt relevant, cutting-edge tech......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally
Investment Services News

Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally

PR Newswire
by PR Newswire0
With international expansion in mind, the business is targeting promising regions and countries ripe with lucrative investment prospects. In the fast-paced realm of financial services, adaptability is the name of the game for sustained success. Recognized as a beacon of reliability and trust in lending, Groves Capital is making headlines......
ValidMind-Secures-$8.1-Million-to-Bring-More-Trust-and-Transparency-to-AI-in-Financial-Services
Artificial Intelligence Fintech News

ValidMind Secures $8.1 Million to Bring More Trust and Transparency to AI in Financial Services

Business Wire
by Business Wire0
This funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services. With this round, ValidMind’s total funds raised are $11.1 million. ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has raised $8.1 million......
Weel and Nium Announced Strategic Partnership
Digital Payments News

Weel and Nium Announced Strategic Partnership

Fintech News Desk
by Fintech News Desk0
The Nium partnership immediately unlocks multiple benefits for Weel customers, particularly those with international needs, including highly competitive FX rates and widely accepted Visa Business Debit Cards.  Weel, Australia’s spend management platform, and Nium, a company in real-time cross-border payments, announced a new strategic partnership to help finance teams better......
Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks
Finance Fintech News

Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks

Business Wire
by Business Wire0
The named defendants in the lawsuit are Colorado’s attorney general, Phil Weiser, and the administrator of the Colorado Uniform Consumer Credit Code, Martha Fulford, both sued in their official capacities. Three leading trade organizations for the financial services industry filed a lawsuit in federal court today, challenging a new Colorado......
PayU Unveils Industry-First Fully Managed No-Code Downpayment EMI Solution for Online Retail
Digital Payments News

PayU Unveils Industry-First Fully Managed No-Code Downpayment EMI Solution for Online Retail

PR Newswire
by PR Newswire0
PayU merchant partners can now offer their customers the flexibility to decide the downpayment amount with Credit Card EMI, and even combine UPI with Credit Card EMIs for greater affordability and convenience. PayU, one of India’s leading digital financial services providers, is proud to announce the launch of a first-of-its-kind Downpayment EMI solution......
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
Finance News

Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows

PR Newswire
by PR Newswire0
Ampersand’s first annual Depositor Priorities Survey reveals increased interest in impact investing, and misalignment between financial institutions and their clients.  Ampersand Inc., a financial services firm revolutionizing deposit management, announced the release of its first annual Depositor Priorities Survey report, which underscores depositors’ need for safety and values alignment when......
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