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MASTERCARD AND CITI EXPAND PARTNERSHIP TO FURTHER FINANCIAL INCLUSION AND SUSTAINABILITY EFFORTSMASTERCARD AND CITI EXPAND PARTNERSHIP TO FURTHER FINANCIAL INCLUSION AND SUSTAINABILITY EFFORTS


Mastercard and Citi today announced a new partnership to support local residents and small businesses through greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two global leaders will bring their collective resources, expertise, and integrated urban development frameworks to the City Possible network. The partnership will initially grant


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BENEFITS OF FINTECH


Financial Technology or Fintech is rapidly growing! Companies are now turning to technology to keep up with the market. Take a look at the benefits that financial technology can offer your business.


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AI CAN MAKE CUSTOMERS LOVE, NOT LOATHE, THEIR BANK IN TOUGH FINANCIAL TIMES


Of all institutions, banks are at the forefront of sensing and encouraging the financial resiliency of their customers. They have clear insights into the state of an individual’s financial balance, spending and debt situation. This is especially valuable as customers’ finances are put under unusual strain through no fault of their own. Financial resiliency is


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WEFI SELECTS OPENTEXT EMAIL2EDI SOLUTION TO LAUNCH INNOVATIVE FINANCIAL TECHNOLOGY PLATFORM, IZZI


OpenText™ , today announced that WeFi Technology Group LLC (WeFi), a financial technology company providing supply chain finance solutions to the IT industry, has selected OpenText Email2EDI to help process thousands of transactions on WeFi’s new advanced technology platform, ‘IZZI’. WeFi has created a digital platform called ‘IZZI’ to strengthen its financing solutions through efficient


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UPSTART LAUNCHES FIRST AUTO RETAIL SOFTWARE WITH AI-ENABLED FINANCING


Upstart , a leading artificial intelligence (AI) lending platform, today announced Upstart Auto Retail software, including AI-enabled financing. The cloud-based solution enables a superior car buying experience for both consumers and dealerships. For the first time, this new software will provide access to Upstart-powered auto loans as well. Upstart Auto Retail is the evolution of


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STARTUP GROWTH: USING OPEN BANKING TO YOUR ADVANTAGE


Many different verticals in the fintech landscape can benefit from open banking APIs – remittances, growth payments, and crypto. But the love story between open banking and startups is just beginning. Among the many benefits, open banking can scale startup processes and operations for onboarding, accounting, identity validation, and payments (by eliminating the delays and


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UNIDOSUS AND EXPERIAN LAUNCH PARTNERSHIP TO SUPPORT FINANCIAL EMPOWERMENT


UnidosUS, the nation’s largest Hispanic civil rights and advocacy organization, and Experian today announced a new partnership to further the mission of financial empowerment. UnidosUS also kicked off its LatinX IncluXion Summit today, of which Experian is a plenary session sponsor. “Experian has been a welcome and creative partner to UnidosUS through its support of


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MICROSOFT ROLLS OUT ITS FINANCIAL SERVICES-SPECIFIC CLOUD OFFERING


Microsoft Cloud for Financial Services (MCFS), Microsoft’s recently announced Industry Cloud, brings capabilities such as multi-level security and comprehensive compliance coverage to provide a differentiated customer experience, manage risk, improve employee collaboration and productivity, and modernize core systems. MCFS is an industry-specific end-to-end cloud that combines existing and new capabilities which are unlocked by the


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K2 INSURANCE SERVICES LAUNCHES ANOTHER INNOVATIVE PRODUCT ON THE DRC INSURANCE PLATFORM


Decision Research Corporation (DRC), an industry-leading provider of cloud-based enterprise solutions for the P&C insurance sector, announced today K2 Insurance Services has successfully deployed their innovative LoadStar Customs Inspection Insurance product on the DRC Insurance Platform. Via the DRC Agent Portal, freight forwarders and Customs Brokers are now able to purchase coverage online, submit claims,


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ORACLE PROMOTES RESPONSIBLE USE OF AI IN FINANCIAL INSTITUTIONS


A recent World Economic Forum survey1 found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions apply AI responsibly, Oracle has added new AI governance capabilities to its Oracle Financial Services Compliance Studio application. With a new visualization canvas that fosters more inclusive machine