UKG Appoints Jim Joudrey as Chief Technology Officer
- 7 months 1 week ago
- People Moves
UKG, a leading AI-first provider of HR, payroll, and workforce management solutions, today announced the appointment of Jim Joudrey as Chief Technology Officer to lead the company’s global engineering and cloud organization of more than 4,000 people. Joudrey will serve on the UKG executive leadership team and report to CEO Jennifer Morgan.
Exabeam Research: AI Supercharges Insider Threats, Now Outpacing External Attacks
- 7 months 1 week ago
- Artificial Intelligence
Exabeam, a global leader in intelligence and automation that powers security operations, today announced the findings of its new multinational report, From Human to Hybrid: How AI and the Analytics Gap Are Fueling Insider Risk. Based on a survey of 1,010 cybersecurity professionals across key sectors, the research reveals that insider threats have overtaken external attacks as the top security concern, with AI accelerating the shift.
MeridianLink and Jack Henry Expand Strategic Reseller Relationship to Include MeridianLink One Platform Solutions for Community Banks and Credit Unions
- 7 months 1 week ago
- Infrastructure
MeridianLink, Inc., a leading provider of lending software platforms for financial institutions, and Jack Henry (Nasdaq: JKHY) today announced an expansion of their existing relationship to accelerate innovation, deliver best-in-class consumer experiences, and drive successful consumer outcomes for community banks and credit unions throughout the account opening and lending customer lifecycle.
More than 6 Million People in Switzerland Use TWINT
- 7 months 1 week ago
- Payments
TWINT, the Swiss payment app, surpassed the milestone of 6 million users in the middle of the year. This means that TWINT is being used more frequently than ever before and is making an important contribution to Switzerland’s digital sovereignty.
Wise Becomes First Global Fintech to Fully Integrate with Philippines’ Payment Systems, Now Processing 12% of All Inward Personal Remittances
- 7 months 1 week ago
- Payments
Wise, the global technology company building the best way to move and manage the world’s money, announced that it has become the first global fintech fully integrated with both InstaPay and PESONet. This breakthrough solidifies Wise as a major player in the Philippine remittance market, now processing 12% of all inward personal remittances and transforming how Filipino families manage high-value transactions like tuition fees.
Narmi and Grasshopper Launch First MCP Server by a U.S. Bank for AI-Driven Insights
- 7 months 1 week ago
- Banking
Narmi, a digital banking technology developer, and Grasshopper Bank, a client-first, full-service digital bank, have launched a first-of-its-kind Model Context Protocol (MCP) server that will allow Grasshopper's Business Banking clients to access personalized financial analysis and insights through Claude, Anthropic's advanced artificial intelligence (AI) assistant. While Claude is the first integration, this groundbreaking infrastructure sets...
A Decade of AI Innovation: BofA’s Virtual Assistant Erica Surpasses 3 Billion Client Interactions
- 7 months 1 week ago
- Artificial Intelligence
Erica, the most widely adopted AI-driven virtual financial assistant, is a central gateway to serving clients – assisting nearly 50 million users since launch, surpassing 3 billion client interactions, and now averaging more than 58 million interactions per month. Launched in 2018, Erica is deepening relationships with clients and driving greater efficiencies throughout Bank of America.
Moneybox Financial Results Set the Pace for the UK Wealth Management Sector
- 7 months 1 week ago
- Wealth Management
Moneybox, the award-winning wealth management platform, has today released its 2024 Annual Report, unveiling a blockbuster set of results that further cement its position as one of the UK’s fastest-growing wealth management platforms. As of December 2024, Moneybox was supporting more than 1.3 million customers, and has seen accelerating growth and profitability in recent years as it continues to help people build wealth with confidence.
Northern Trust Mutual Fund Servicing Relationship with Morningstar Investment Management Extended
- 7 months 1 week ago
- Asset Management
Northern Trust today announced the continuation of its comprehensive asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.
Cognizant and Temenos Expand Partnership to Power Core Banking Transformation in Australia
- 7 months 1 week ago
- Core Banking
Cognizant today announced a five-year strategic engagement with Temenos, a global banking technology leader, to develop and market Temenos Country Model Bank in Australia. Temenos Country Model Bank is an extension of its core banking platform designed to accelerate go-live for financial institutions by providing pre-configured, regionalized banking functionality that reduces cost and risk.
Algbra Labs and Moka United, the Fintech Subsidiary of İşbank, Announce Strategic Partnership to Launch RUUT in the UK
- 7 months 1 week ago
- Infrastructure
Algbra Labs, a leading UK-based Fintech-as-a-Service (FaaS) provider, has announced a strategic partnership with Moka United, the fintech subsidiary of İşbank - Türkiye’s largest private bank. The collaboration supports the UK launch of RUUT, a next-generation digital banking brand developed by Moka United as part of İşbank’s global fintech strategy.
Klarna Secures EUR 1.4bn Structured Financing Facility with Santander
- 7 months 1 week ago
- Fundraising News
Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender. The facility provides a total funding capacity of up to EUR 1.4 billion and is backed by German receivables. It forms part of Klarna’s broader strategy to diversify funding sources and support continued growth.
PayCaptain Confirms B Corp Recertification, Also Increasing Its B Impact Assessment Score
- 7 months 1 week ago
- Infrastructure
B-Corporation status certifies a company's commitment to its social and environmental impact, not just profit-making. B Corp certification is a rigorous process, verified by B Lab, to ensure that a company meets high social and environmental performance standards, demonstrating a commitment to positive impact across various stakeholders.
Lendflow Launches New AI Automation Suite for Embedded Lending
- 7 months 1 week ago
- Lending
Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed. The announcement was made at Ai4, America’s largest AI event. Lendflow founder and CEO, Jon Fry, will join leaders from Chime, Mastercard, and Deloitte for a live panel, “Leveraging AI to Drive Value,” on August 12 at...
inDrive.Money Arrives in Brazil with Digital Loans for Drivers
- 7 months 1 week ago
- Lending
inDrive, a global mobility and urban services platform operating across 48 countries, has announced the launch of inDrive.Money in Brazil. The offering aims to support financial inclusion for drivers by offering quick and convenient access to cash loans within the inDrive app, the world’s second-most downloaded ride-hailing app.
