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Moody’s Acquires Numerated Growth Technologies, Expanding Lending Technology Solutions

Moody’s Corporation announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody’s Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution.

Friday, November 22, 2024 - 12:40
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/news/lending/moodys-acquires-numerated-growth-technologies-expanding-lending-technology-solutions
Financial IT
TruStone Financial Credit Union Reduces Call Volume 20% with Eltropy AI Chatbot

TruStone Financial Credit Union has significantly improved its member service capabilities through the implementation of an AI-powered chatbot using Eltropy’s Unified Communications platform. The chatbot, named “Ruth” after the credit union’s first bookkeeper, now handles nearly half of all member conversations independently and has reduced contact center call volume by 20%.

Friday, November 22, 2024 - 12:36
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Financial IT
Mastercard Partners with Fundbot to Accelerate Payments Between Buyers and Suppliers Across Multiple Markets

 

Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a collaboration to accelerate business-to-business (B2B) payment flows across all industries. The two companies will launch a streamlined payments platform that seamlessly links buyers and suppliers.

Friday, November 22, 2024 - 12:31
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Financial IT
Hello Alice Achieves Major Milestone, Crossing $50 Million in Total Grants Given to Small Business Owners

Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections, and education, has achieved a significant milestone in its journey to help small business owners, having crossed $50 million in its grant programs since 2020.

Friday, November 22, 2024 - 09:57
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Financial IT
Predictions for 2025: The Rapid Rise of Stablecoins Continues

Comments attributed to Chris Harmse, Co-Founder and Chief Business Officer at BVNK, the stablecoin payments infrastructure provider.

Stablecoins cement their place as a new global payment rail. 

Friday, November 22, 2024 - 09:50
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Financial IT
Finix and Sift Introduce Advanced Fraud Monitoring, Enabling No-Code, AI-Powered Transaction Security

Finix, the full-stack payment processor enabling businesses to accept and send payments online and in-store, today unveiled Advanced Fraud Monitoring, a new no-code capability powered by Sift to help businesses better detect, monitor for, and p

Friday, November 22, 2024 - 09:44
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/news/fraud-detection/finix-and-sift-introduce-advanced-fraud-monitoring-enabling-no-code-ai-powered
Financial IT
One Inc and U.S. Bank Partner to Modernize Payment Solutions for Insurance Carriers and Policyholders

One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) and Life insurers. The collaboration will provide the seamless integration of U.S.

Friday, November 22, 2024 - 09:41
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Financial IT
Nayax Launches Automated Self-Service in El Salvador, Accelerating Expansion into Latin American Market

Nayax Ltd., a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will launch its end-to-end automated self-service payment solution across El Salvador, enabling consumers to make secure cashless payments at automated machines w

Friday, November 22, 2024 - 09:35
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/news/e-payments/nayax-launches-automated-self-service-el-salvador-accelerating-expansion-latin
Financial IT
minu Raises US$30 Million in Series B

minu, the leading compensation and benefits platform in Mexico, announced that it has raised $30 million in a new investment round. The Series B round was led by QED Investors, with participation from new investors including Next Billion Capital Partners, Flourish Ventures, Promotora Impact Ventures, Endeavor Catalyst, Clocktower Technologies, and Working Capital Fund, in addition to existing investors FinTech Collective, Redwood Ventures, Salkantay, and Nazca.

Friday, November 22, 2024 - 09:29
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Financial IT
MQube Makes Its AI Chatbot Available to a Limited Number of Lender Partners
MQube, the mortgage technology company and parent of mortgage lender MPowered Mortgages is making its AI chatbot available to a limited number of other lender partners. The chatbot which is used by MPowered Mortgages has automated 90% of broker criteria questions.
 
The chatbot uses large language models to ingest a lender’s policies and then provide instant, accurate answers to complex criteria questions.
 
Friday, November 22, 2024 - 09:25
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Financial IT

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