Lili, the financial platform designed for small business owners, today announced the launch of a new generative AI tool — Accountant AI — which harnesses businesses' financial data and the latest industry information to provide business owners with personalized, instant recommendations about their businesses' finances.

Financial Crime and Anti-Money Laundering (AML) continue to be one of the hottest topics across the global financial industry right now.

As consumers seek easier and safer shopping experiences, Mastercard and Salesforce  today announced a new integration to enhance trust across the ecosystem, helping customers speed up the resolution of transaction disputes, and reduce costs associated with resolving them.

Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions.

Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients.

During the days of Seamless 2024 exhibition in Dubai, the fintech application barq and TerraPay, a global money movement company signed a strategic partnership. This collaboration aims to provide fast and secure international money transfer services.

Today, Evervault, the pioneering data security company, launched into the payments space with an independent payments security platform. The modular platform gives fintechs, banks, and merchants total control over their payment stack, without sacrificing compliance or security. This enhanced flexibility empowers companies to accelerate their business growth, geographic expansion, and product development.

A primary concern for financial institutions today is managing market risks while at the same time ensuring the institution’s profitability and regulatory compliance. There is a high level of risk exposure that banks have been imposed to, due to the significant fluctuations In interest rates over the past 12-18 months.