Tag : financial technology

Cross River Surpasses Bank Record with 1 Million RTP Transactions, Totaling Over $500mm in the Month of May Alone
Digital Payments Fintech News

Cross River Surpasses Bank Record with 1 Million RTP Transactions, Totaling Over $500mm in May

Business Wire
by Business Wire0
Top 5 leader in RTP origination highlights fintech leader’s dedication to innovation and ability to meet growing demand Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has surpassed 1 million real-time payments (RTP) transactions and over $500 million in RTP volume in the month of......
Netevia Unveils Pioneering Banking Features
Banking News

Netevia Unveils Pioneering Banking Features

PR Newswire
by PR Newswire0
Netevia, a leading financial technology company transforming the way businesses can accept payments and manage their funds, is thrilled to announce a series of ground-breaking features to its banking services program. These enhancements cater to the ever-evolving needs of our clients and Independent Sales Organizations (ISOs), heralding a new banking......
TaskUs Launches TaskGPT to Help Clients Unleash the Transformative Power of Generative AI in Customer Service Operations
Artificial Intelligence News

TaskUs Launches TaskGPT to Help Clients Unleash the Transformative Power of Generative AI in Customer Service Operations

GlobeNewswire
by GlobeNewswire0
TaskGPT is the latest solution from TaskUs’ AI Services Business TaskUs, Inc., a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, announced the launch of TaskGPT, a powerful customer service application powered by Generative AI. The new offering builds on TaskUs’ work......
BMO Selects Five Innovative Companies for WMNfintech Program to Support Progress for Women-Led Startups
Fintech Fintech Startups News

BMO Selects Five Innovative Companies for WMNfintech Program to Support Progress for Women-Led Startups

PR Newswire
by PR Newswire0
Launched by BMO, WMNfintech is North America’s largest nonprofit fintech industry program for women-founded and women-led startups BMO and 1871 announced the five companies participating in its 2023 WMNfintech program, North America’s largest nonprofit fintech industry program for women-founded and women-led startups. Launched to bridge the gender gap in the startup and tech community, the program gives......
VoPay and Parvis Invest Bring Payment Solutions to Canadian Investors in $7.82T Real Estate Market
Digital Payments News

VoPay and Parvis Invest Bring Payment Solutions to Canadian Investors in $7.82T Real Estate Market

Business Wire
by Business Wire0
With the value of the real estate market reaching US$7.82tn this year, the leading provider of embedded financial technology solutions VoPay, joins forces with Parvis Invest Inc. to offer real estate investors a simpler, faster and more secure payment method than cheques or wire transfers. “Integrating EFTs can be complex, and working with a team......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Circle Singapore Obtained Major Payment Institution License
Digital Payments News

Circle Singapore Obtained Major Payment Institution License

PR Newswire
by PR Newswire0
Circle Internet Singapore Pte. Ltd., an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state......
Momnt Partners with Cross River to Make Lending More Accessible
Banking Lending News

Momnt Partners with Cross River to Make Lending More Accessible

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River Bank, a leading financial services and technology infrastructure provider that offers embedded financial solutions. Merchants on the Momnt platform......
Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models
Artificial Intelligence Finance News

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

Business Wire
by Business Wire0
Company unleashes the power of generative AI on its platform to ignite innovation at scale for millions of consumer and small business customers Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it is expanding its platform architecture to include a proprietary Generative AI operating system (GenOS) with......
Madison Dearborn Partners Completes Acquisition of MoneyGram
Fintech News

Madison Dearborn Partners Completes Acquisition of MoneyGram

PR Newswire
by PR Newswire0
MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and......
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