Tag : innovation

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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......
Analytics Artificial Intelligence Compliance management Guest Posts InsurTech Technology

The Digital Divide: Insurance Industry Races to Bridge Tech Gap Amid AI Push

Aaron Wright
by Aaron Wright0
The insurance industry stands at a pivotal moment as it grapples with modernizing operations while racing to adopt artificial intelligence and advanced analytics. Recent research from Earnix, surveying more than 400 global insurance executives across Australia, Europe, the UK, United States, and Canada, reveals both promising developments and persistent challenges......
Orion Enhances its Unified, Flexible Advisor Platform with New Tech Upgrades
Commerce Finance Fintech Markets News

Orion Enhances its Unified, Flexible Advisor Platform with New Tech Upgrades

Business Wire
by Business Wire0
Latest updates, revealed at Orion’s Ascent conference, include AI-powered meeting agendas, Redtail CRM, Advisor Trading and More Orion, the premier provider of transformative wealthtech solutions for financial advisors and the enterprises that serve them, announced today at Orion Ascent 2025 a series of key updates across its connected technology ecosystem......
Xactus Names Mike Brown as Chief Product Officer to Drive Innovation in Mortgage Fintech
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Xactus Names Mike Brown as Chief Product Officer to Drive Innovation in Mortgage Fintech

Business Wire
by Business Wire0
Xactus, a fintech company and the market leader in verification solutions for the mortgage industry, is pleased to announce the appointment of Mike Brown as Chief Product Officer. Brown previously served as the firm’s Chief Integration Officer. “As we continue our transformation into a fintech-forward organization, the role of Chief......
Eltropy Acquires Lexop to Modernize Loan Repayment and Collections for Credit Unions and Community Banks
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Eltropy Acquires Lexop to Modernize Loan Repayment and Collections for Credit Unions and Community Banks

Somesh Utkar
by Somesh Utkar0
Eltropy, the leading AI-powered unified conversations platform for community financial institutions (CFIs) serving over 650 credit unions and community banks in North America, today announced the acquisition of Lexop, a leading collections technology provider. This strategic move aligns with three critical trends reshaping financial services: digital wallets (like Apple Pay),......
Sutherland FinXelerate Helps Fintechs Scale Amid Growing Regulatory and Competitive Pressures
Finance Fintech News

Sutherland FinXelerate Helps Fintechs Scale Amid Growing Regulatory and Competitive Pressures

Business Wire
by Business Wire0
The solution enables fintechs to enhance operational efficiency without compromising innovation or agility. Sutherland, a leading global business and digital transformation company, announced the launch of Sutherland FinXelerate, a comprehensive solution designed to help fintech companies scale while maintaining innovation and business growth. “Fintech companies continue to drive innovation in......
Valor PayTech Appoints Sundar Garg as President of Asia
Digital Payments Fintech News

Valor PayTech Appoints Sundar Garg as President of Asia

Business Wire
by Business Wire0
Valor PayTech, a leader in omnichannel, cloud-based payment solutions, is excited to announce the appointment of Sundar Garg as the company’s new President of Asia. In his new role, Sundar will oversee Valor’s strategic growth initiatives and resource alignment across India and other key markets in Asia, building on his extensive......
DeFinity Markets Integrates Fireblocks to enable secure API Digital Asset Operations for Institutions
DeFi Digital Asset Management Finance Fintech News

DeFinity Markets Integrates Fireblocks to enable secure API Digital Asset Operations for Institutions

PR Newswire
by PR Newswire0
DeFinity Markets, the first full-stack institutional digital asset matching and settlement platform for fiat and crypto, has integrated Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, to facilitate safe storage and transactions for select API clients. Fireblocks’ cutting-edge security infrastructure, combined with DeFinity’s advanced order matching......
Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation
Banking Finance Fintech News

Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Business Wire
by Business Wire0
Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at......
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Global Fintech Interview with Jon Briggs, Head of Commercial Product & Innovation at KeyBank

Paroma Sen
by Paroma Sen0
Jon Briggs, Head of Commercial Product & Innovation at KeyBank shares more on why it is becoming crucial for banks to partner with new age fintechs to drive transformation and modernization in this fintech chat: ____________ Hi Jon, tell us about yourself, your time in the fintech market and more......
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