Tag : financial services

Square Brings Offline Payments to All Hardware Devices, Around the Globe
Digital Payments News

Square Brings Offline Payments to All Hardware Devices, Around the Globe

Business Wire
Offline payments, Square’s no-connection-required solution to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country. Whether in a remote location or facing a technology disruption, now nearly every Square seller can continue to operate business-as-usual and keep sales flowing. “Our recent......
Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships
Fintech Guest Posts Risk Management

Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships

Smita Pillai
If you are a financial services brand, working with creators and other third parties might seem like an impossible task. The risks of fines from non-compliance by third parties might seem too great. But there are methods available to ensure creators and other partners follow regulatory guidance – and what’s......
Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock
Digital Payments Fintech News

Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock

PR Newswire
Additionally, a dividend payment was declared on Ally’s 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024. The board of directors of Ally Financial declared a quarterly cash dividend of $0.30 per......
Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services
Artificial Intelligence News

Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services

Fintech News Desk
The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen......
JPMorgan-Chase-2024-Annual-Meeting-of-Shareholders
Banking Fintech News

JPMorgan Chase 2024 Annual Meeting of Shareholders

Business Wire
The meeting will be held virtually. As previously announced, the JPMorgan Chase & Co. annual meeting of shareholders will be held on Tuesday, May 21, 2024 at 10:00 a.m. (Eastern). The meeting will be held virtually. Attending the annual meeting To participate in the virtual meeting, visit http://www.virtualshareholdermeeting.com/JPM2024 and enter the 16-digit......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect Platform with Kyriba's Scalable SaaS Solution
Investment Services News

BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect Platform with Kyriba’s Scalable SaaS Solution

PR Newswire
This development combines Kyriba’s secure, scalable SaaS solution to BNY Mellon’s LiquidityDirect platform to enhance liquidity performance and unlock greater cash visibility. BNY Mellon, the global financial services company, announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions.......
Fintech Quavo, Announces Collaboration with Snowflake
Banking News

Fintech Quavo, Announces Collaboration with Snowflake

PR Newswire
This partnership marks a significant leap forward in fraud and dispute management strategies within the banking and financial services industries. Quavo Fraud & Disputes, the pioneering force in automated fraud management solutions, announced a collaboration with Snowflake, the Data Cloud Company. This partnership marks a significant leap forward in fraud and dispute management strategies within......
Hapax Launches; Touts Unprecedented AI For Financial Services
Artificial Intelligence Finance Fintech News

Hapax Launches; Touts Unprecedented AI For Financial Services

PR Newswire
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
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......
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