Tagged: automation

March 23, 2023 @ 8:57 am By Omar Faridi  |  

Merchants National Bank and Teslar Software recently announced their partnership in order to streamline the banking institution’s lending processes, “replacing manual tasks with robust automated workflows and supporting strategic growth efforts.” Linda Smith, VP and head of credit administration at Merchants National Bank, said: “As… Read More

March 20, 2023 @ 4:27 pm By Omar Faridi  |  

SMA Technologies, a provider of automation solutions for financial services and the maker of OpCon Workload Automation & Orchestration, announced an expansion of its relationship with Jack Henry (Nasdaq: JKHY) in order “to include banks after successfully scaling digital business transformation with OpCon for Jack… Read More

March 18, 2023 @ 11:46 am By Omar Faridi  |  

GoCardless, a global firm focused on bank payment solutions, has integrated with Zapier, the key player supporting no-code automation, in order “to help businesses save time and energy when managing their payments.” Businesses can now “build Zaps — Zapier’s automated workflows — for GoCardless, eliminating… Read More

March 17, 2023 @ 10:57 am By Omar Faridi  |  

Belgium’s Minister of Telecommunication and Minister of Justice signed the ministerial decree, allowing Telenet to use Onfido’s AI-powered technology to verify customer identity securely. Onfido, the global provider of automated digital identity verification, announced a partnership expansion with BASE, a telecommunication operator and a subsidiary… Read More

March 16, 2023 @ 6:23 pm By Omar Faridi  |  

VirtuSwap has reportedly integrated PARSIQ’s Tsunami API for real-time synchronization and automation of (decentralized exchange) DEX trading pools. This should help with enhancing efficiency for traders and Liquidity Providers (LPs). VirtuSwap is described as “a decentralized exchange (DEX) built on the Polygon network.” Their unique… Read More

March 10, 2023 @ 10:42 pm By Omar Faridi  |  

BILL (NYSE: BILL), a key player focused on financial automation software for small and midsize businesses (SMBs), announced a partnership with BMO in order “to digitize and streamline business payments.” BMO Bill Connect, powered by BILL, is a bill pay and invoicing platform that “helps… Read More

March 9, 2023 @ 10:38 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its referral partnership with KeyStone by Corelation Inc., the core processor for today’s credit union. This allows AvidXchange to offer AvidAscend,… Read More

March 8, 2023 @ 4:22 pm By Omar Faridi  |  

Opkit has launched with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are “providing care for a wide range of patients across the United States.” The startup, which “participated in Y Combinator, is emerging… Read More

March 5, 2023 @ 10:17 am By Omar Faridi  |  

Financial Plus Credit Union, a $1.2B credit union with 11 branches across Michigan,  announced a partnership with MANTL, a provider of account origination solutions, to improve its member experience and back-office automation. Financial Plus Credit Union will leverage MANTL for Credit Unions “to enhance its… Read More

March 4, 2023 @ 1:23 pm By Omar Faridi  |  

According to FundGuard, its SaaS investment accounting platform “enables clients to leverage modern cloud and AI capabilities reducing costs, automating workflows, and driving an increased customer experience with access to meaningful data in real-time.” The partnership “integrates SIX’ end-of-day market prices, core security master data and… Read More

March 3, 2023 @ 8:27 am By Omar Faridi  |  

trackd, the cybersecurity start-up automating vulnerability remediation without the fear of disruption, announced that it is emerging from stealth-mode behind $3.35MM in seed funding, and will bring its approach to the cybersecurity community in 2023. trackd’s unified vulnerability and patch management platform “leverages the collective… Read More

February 27, 2023 @ 10:19 pm By Omar Faridi  |  

Astra, the automation platform for money movement, announced the success of its Instant Payment solution leveraging the Visa Direct network. Through a strategic partnership with Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, Astra provides first-of-its-kind infrastructure “that enables fintech developers… Read More

February 14, 2023 @ 3:08 pm By Omar Faridi  |  

T-Systems and Commerzbank have signed a cooperation agreement “for collaboration in the industrial sector.” Together, the two companies are “developing a solution for fully automated supply chains with integrated financial services.” The Telekom subsidiary and the Frankfurt-based bank are “employing technologies such as 5G campus… Read More

February 13, 2023 @ 2:12 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment, and eKYC solutions, has partnered with international gaming operator Sisal “to streamline KYC for its players online.” Based in Italy, Sisal currently “operates in Italy, Morocco, and Turkey, with a range of offerings that includes… Read More

February 8, 2023 @ 9:30 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking solutions company, launched ‘Co-lend’, a fully automated escrow management solution for co-lending. ‘Co-lend’ has been developed in line “with the digital lending guidelines announced by the Reserve Bank of India (RBI).” It facilitates instant disbursal “with auto reconciliation… Read More

January 29, 2023 @ 6:07 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment and eKYC solutions, announced the close to a successful 2022 in which Jumio reportedly became the first identity company “to clear well over $200 million in bookings.” Q4 also saw Jumio close “both the largest… Read More

January 22, 2023 @ 4:03 pm By Omar Faridi  |  

Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases “where a higher confidence level in digital identity verification is required.”… Read More

January 21, 2023 @ 1:34 pm By Omar Faridi  |  

AU10TIX, which claims to be the global technology leader in identity verification and identity management automation, announced the appointment of Dan Yerushalmi as its new CEO. Yerushalmi’s record “with global technology enterprises and experience in the security, e-banking and telecommunications industries underlines AU10TIX’s intention to… Read More

January 14, 2023 @ 7:17 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses “to automate and streamline business-to-business (B2B) payments processes.” The transaction is American Express’ latest strategic step “toward its goal of creating a leading end-to-end… Read More

January 7, 2023 @ 9:26 am By Omar Faridi  |  

Liberate Innovations Inc., a software-as-a-service (SaaS) platform that enables P&C insurers to fully automate claims and underwriting journeys, announced its launch “after raising $7 million in venture funding.” The platform “empowers insurers to deliver digital self-serve experiences and orchestrate an ecosystem of solutions providers and… Read More