AI to Transform the Future of Finance: Citi GPS Report Projects $2 Trillion in Global Banking Profits by 2028
- 2 years 4 months ago
- Artificial Intelligence
Artificial Intelligence (AI) is poised to revolutionize the finance industry, potentially driving global banking profits to an astonishing $2 trillion by 2028, according to a newly released Citi GPS report. This represents a 9% increase in profits over the next five years, marking a significant milestone in the financial sector.
Fiserv Appoints Takis Georgakopoulos as Senior Advisor and Member of the Management Committee
- 2 years 4 months ago
- People Moves
Fiserv, Inc. a leading global provider of payments and financial services technology solutions, today announced that Takis Georgakopoulos will join Fiserv as a Senior Advisor, Executive Vice President, and a member of the Management Committee, effective September 3, 2024.
Over Half of Financial Institutions Use Faster Payment Technologies, According to Faster Payments Council
- 2 years 4 months ago
- Payments
56% of financial institutions, payment providers and businesses have integrated faster payment technologies in their payment infrastructures, according to research from the Faster Payments Council (FPC). Over a third, 35%, said they are planning to introduce faster payment technologies in the future, while 9% have no plans to.
Innzpira: Revolutionising Risk Assessment in Banking with Predictive Psychology© and Machine Learning
- 2 years 4 months ago
- Banking
Innzpira, a pioneering company in Predictive Psychology© and machine learning, announces a solution designed to revolutionise how banks and financial institutions assess client risk aversion. This innovative approach enables financial entities to offer tailored products that align perfectly with the comfort levels and preferences of their clients, enhancing customer satisfaction and financial outcomes. Innzpira showcased this cutting-edge...
B2Core Back-Office CRM v13 and iOS v1.23 Update: Higher Efficiency and Improved UX
- 2 years 4 months ago
- Trading Systems
The leading CRM solution provider, B2Core, has introduced yet another update to its back-office management system and mobile application, this one focusing on user experience and enhanced eff
Capital.com Partners with Trulioo to Deliver State-of-the-Art Customer Onboarding Experience
- 2 years 4 months ago
- Trading Systems
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a strategic partnership with Capital.com, a high-growth retail trading platform, to support its global expansion with streamlined, convenient onboarding.
Flutterwave Leads Fight Against Fraud with EFCC Partnership
- 2 years 4 months ago
- Security
Flutterwave, Africa’s leading payments technology company, has committed to partnering with Nigeria's Economic and Financial Crimes Commission (EFCC) to establish and lead a state-of-the-art Cybercrime Research Center. This strategic initiative aims to intensify the fight against internet crime, enhance the security of business transactions, and provide a sustainable lifeline to youths across the country.
Numerated Secures Strategic Investment from Citi to Enhance Offering of AI-Driven Financial Analysis
- 2 years 4 months ago
- Fundraising News
Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process.
Paytiko: The Fastest Growing Platform
- 2 years 4 months ago
- Payments
Paytiko is a payments management platform that bridges online payment flows from multiple payment providers for any online business under one single connection. With Paytiko, businesses can effortlessly streamline their payment processes to embrace a future where managing payments is a breeze. This convenience relieves businesses of the stress and complexities of managing multiple payment providers.
Danske Bank Makes It Easier to Make Sustainable Investments Directly in the Mobile Bank
- 2 years 4 months ago
- Infrastructure
New feature in Danske Bank's mobile bank makes customers more aware of how many sustainable investments they have in their portfolio - and what they can do if they want more sustainable investments.
Airwallex for Startups Debuts in Singapore to Help Drive Local Startup Success
- 2 years 4 months ago
- FinTech StartUps
Amid increasing positive sentiment about the business climate, Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city-state's community of over 55,000 startups.
Sumsub and Finastra Partner to Strengthen Banking Industry Compliance
- 2 years 4 months ago
- Banking
Sumsub, a global full-cycle verification platform, is partnering with Finastra, a global provider of financial software applications and marketplaces, to support financial institutions worldwide with their compliance processes. Finastra and Sumsub will collaborate on mutual projects, offering Sumsub's full compliance suite of verification and anti-fraud solutions to the banking market.
NatWest Group: Purchase of Sainsbury’s Bank Assets & Liabilities
- 2 years 4 months ago
- Banking
Natwest Group plc (“NatWest Group”) today announces that it has entered into an agreement with Sainsbury’s Bank plc (“Sainsbury’s Bank”) to acquire the retail banking assets and liabilities of Sainsbury’s Bank which comprises its outstanding credit card, unsecured personal loan and saving accounts.
Mobile Wallets Continue to Grow in Popularity Among Younger People – But There Are Drawbacks, Says Chargebacks911
- 2 years 4 months ago
- E-Wallets
Research from Chargebacks911, the leading chargeback technology platform, shows that people are increasingly using mobile wallets such as Apple Pay and Google Pay.
Ecommpay Partners with FinTech Disability Initiative, Project Nemo
- 2 years 4 months ago
- Infrastructure
In line with its mission to achieve ultimate financial inclusivity for all, Payments Solutions Provider,
