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.
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
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
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
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
BNY MELLON UTILIZES BLOCKCHAIN TO DIGITIZE WORKING CAPITAL IN GLOBAL TRADE FINANCE
BNY Mellon has joined a consortium working to introduce blockchain technology into international trade finance and digitize how working capital is provided to both suppliers and buyers across the globe. Through its participation in the Marco Polo Network, BNY Mellon is now able to more efficiently insert liquidity into the international supply chain, providing supply
RAPID DIGITAL TRANSFORMATION FOR FINANCIAL SERVICES
Banking and Financial Services customers expect more innovative digital experiences with little to no friction. Even the slightest hiccup can be enough for a customer to walk away.
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
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,
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
MICROSOFT CLOUD FOR FINANCIAL SERVICES: ACCELERATING INNOVATION FOR SUSTAINABLE GROWTH
The pandemic cemented the value of digitization and digital channels in the financial services industry—and created new expectations with customers and employees. In talking with our customers every day, financial services organizations have increased focus on how to accelerate their digital agendas to better serve their clients and empower employees, while at the same time
ROBOTIC ASSISTANCE DEVICES RECEIVES ORDER FROM REGIONAL FINANCIAL INSTITUTION
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order from a leading regional financial institution. Although not disclosed due to confidentiality agreements, the end-user for this 1 ROSA180 unit will be RAD’s first deployment into the financial services industry. “It’s thrilling to open