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Artificial intelligence has taken the technology world by storm – and fintech is no exception. But questions remain as to how AI can be best applied in the world of fintech and financial services. I talked with Anu Sachdeva, Global Service Line & Solutions Leader at Genpact, during the FinovateFall conference last month to discuss Read more…
This is a sponsored post by Indium Software 2023 is bringing new regulations and transparency requirements to shape the Banking, Financial Services, and Insurance (BFSI) marketplace. This guide, Navigating the Path to Data Modernization in the BFSI Industry, explores the practical steps business leaders can take to accomplish their objectives — from identifying suitable technological Read more…
Unsecured business and personal loan specialist BHG Financial announced a partnership with Cable this week. The company will use Cable’s financial crime effectiveness platform to improve its own compliance efforts. Headquartered in the San Francisco, California, Cable gives banks, financial services firms, fintechs, and other organizations the tools they need to enhance their compliance programs. Read more…
To celebrate National Hispanic Heritage Month, we wanted to recognize some of the contributions Hispanic entrepreneurs have made in the fintech industry. From the start, Hispanic professionals have played a pivotal role in shaping fintech by using their creativity and unique perspective to build and improve solutions that truly make a difference for both retail Read more…
Digital currency platform Coinbase announced this week that Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). With its MPI license in Singapore, Coinbase can now offer digital payment token services to its retail and commercial users in the country. Today’s announcement comes a year after the Read more…
This is a sponsored blog post by Delaware Prosperity Partnership A new Discover Bank fund aims to increase financial health throughout Delaware while enriching the state’s innovation ecosystem and enhancing Delaware’s reputation as a hub for banking and financial services. The Discover Financial Health Improvement Fund will support startups and early-stage technology companies that are Read more…
Are regulators in financial services doing an effective job of protecting consumers while simultaneously fostering innovation? How can regtechs help banks better manage financial risk? Can a robust regulatory regime actually enhance the prospects for business growth? I sat down with Shabbir M. Husain, Director of Global Sanctions Compliance at Silicon Valley Bank, to discuss Read more…
When you think of the top crypto players in fintech, MoneyGram may not come to mind. However, the 83-year-old company continues to position itself at the forefront of the crypto space. As evidence of this, MoneyGram unveiled its non-custodial digital wallet today. MoneyGram will launch the non-custodial digital wallet in the first quarter of next Read more…
Engagement banking firm Backbase has forged a strategic partnership with identity verification and fraud prevention platform FrankieOne. The two companies will work together to help banks and credit unions in Australia and New Zealand onboard customers faster and more securely. The collaboration blends Backbase’s personalized banking experience platform with FrankieOne’s identity verification solutions to make Read more…
Finovate webinar, in collaboration with InterSystems, Thu 12 Oct, 3pm BST / 10am ET How can financial services firms improve the client journey and experience? Next-generation technologies that advance digital transformation are at the heart of that answer, but these rely on the firm’s ability to gather and analyze all available data across the business. By Read more…
Global payments provider Paysafe has expanded on its partnership with online trading platform Eightcap to launch an Embedded Trading Wallet solution. Under the agreement, the two will offer an embedded finance solution for Eightcap’s and Paysafe’s shared partners and merchants. The Embedded Trading Wallet combines Paysafe’s digital wallet infrastructure with Eightcap’s trading technology to create Read more…
Financial crime fighting fintech ThetaRay announced today it has received $57 million. The growth round, which boosts the company’s total funding to $112 million, was led by Portage, with contributions from existing investors JVP, OurCrowd and others. Israel-based ThetaRay will use the funds to accelerate global growth. “Guided by the adept leadership of Peter Reynolds, Read more…