Tagged: financial services

November 30, 2024 @ 6:09 pm By Tony Zerucha  |  

This week, Zetaris, a provider of AI data hub solutions, launched a suite of agentic AI capabilities for financial services, including AI Digital Brokers, AI Bankers, and other specialized AI solutions. Zetaris AI agents augment human expertise and empower financial professionals to focus on complex,… Read More

November 28, 2024 @ 8:38 am By Omar Faridi  |  

Spendesk, the spend management platform for mid-sized businesses, has launched Spendesk Financial Services, which is its own payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a collaboration with Visa, Spendesk Financial Services enables the company to deliver payment… Read More

November 17, 2024 @ 6:08 pm By Omar Faridi  |  

Jeff Weinstein, a Product Specialist at Stripe, recently announced an innovative development for the AI community. Weinstein noted that Stripe’s launch of a new SDK is specifically designed for AI agents. Today(), @stripe is launching a SDK built for AI agents: – LLMs can call… Read More

November 15, 2024 @ 8:51 am By Omar Faridi  |  

Schroders welcomes the Mansion House proposals unveiled by UK Chancellor of the Exchequer Rachel Reeves, designed to drive growth and competitiveness in financial services. As part of the reforms, the Chancellor revealed measures to merge Local Government Pension Scheme assets and consolidate Defined Contribution (DC)… Read More

November 13, 2024 @ 9:34 pm By Omar Faridi  |  

MistTrack, developed by SlowMist, has formed a partnership with Doo Group, a financial services group. This collab represents a step toward enhancing compliance frameworks and security protocols in the landscape of digital finance. Doo Group’s business model integrates brokerage, liquidity provision, and asset management services… Read More

November 9, 2024 @ 1:49 pm By Omar Faridi  |  

Capital.com, the global trading platform and fintech group whose trading volumes have reportedly surpassed the $1 trillion mark in 2023, announced total client trading volumes reached over $450 billion in Q3 2024, which represents a sizeable 20% increase from Q2 2024. During the same period,… Read More

November 8, 2024 @ 5:59 pm By Omar Faridi  |  

Matrixport, which claims to be one of Asia’s largest “one-stop” financial services platforms, announced the integration of Fly Wing Technologies Pte Ltd’s OTC service on the Matrixport APP, enabling a better one-stop experience for users. All Matrixport-verified accounts must complete Fly Wing’s eKYC onboarding process… Read More

November 8, 2024 @ 9:37 am By Omar Faridi  |  

American Express (NYSE: AXP) announced an API-powered data access agreement with MX Technologies, Inc. that will provide new digital banking options for customers without compromising their account security. American Express customers will now be able to better manage their personal finances and business expenses via… Read More

November 2, 2024 @ 5:26 am By Michael Wong  |  

NYSE-listed global Fintech player Broadridge Financial Solutions, Inc. has finalized its acquisition of Kyndryl’s Securities Industry Services (SIS) platform, a move aimed at strengthening its position in the Canadian financial services market. The SIS platform, known for providing wealth management and capital markets software solutions,… Read More

October 28, 2024 @ 2:50 pm By Omar Faridi  |  

More than three quarters (76%) of financial services professionals across the UK are planning to increase office attendance in the next 12 months, according to new research from KPMG UK. The survey, shared by KPMG UK, of 150 executives working across banking, insurance, asset and… Read More

October 26, 2024 @ 10:09 am By Omar Faridi  |  

During the past decade, the digitalization and democratization of access to financial services have transformed how people interact with money and institutions. This, according to an update shared by Nubank (NYSE: NU). Nubank pointed out in its latest update that although in the past, people… Read More

October 24, 2024 @ 8:04 pm By Omar Faridi  |  

Research and key insights released by Adyen (ADYEN:AMS), the global financial technology platform of for international businesses, reveals 40% of consumers have already, or are planning to, “unsubscribe” from services and products they’ve set up recurring payments with over the “next 12 months.” The data… Read More

October 20, 2024 @ 12:49 pm By Omar Faridi  |  

Fintech firm Plaid explained that funding a new financial account should be a frictionless process, where account information is verified “instantly” and transfers are initiated quickly. Financial infrastructure Fintech company Plaid also noted that moving cash balances may be fairly straightforward, transferring investment holdings to… Read More

October 19, 2024 @ 4:17 pm By Omar Faridi  |  

A study released recently, How consumer behaviour shapes the digital economy, by Checkout.com, a digital payments firm, has highlighted the consumer buying behavior which is powering the digital economy. The research, carried out across the United Kingdom, US, United Arab Emirates (UAE) and China, reveals… Read More

October 18, 2024 @ 11:41 am By Omar Faridi  |  

DriveWealth, a financial tech platform offering Brokerage-as-a-Service, has recently announced its end-to-end integration with multiple execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex and TRAFiX. With these integrations, institutional broker-dealers are able to connect with DriveWealth’s platform and benefit from streamlined trade booking,… Read More

October 4, 2024 @ 11:28 am By Omar Faridi  |  

Numerated, the AI-enhanced commercial lending platform, announced its partnership with Alloy, the identity risk management company working with various banks and fintech companies, to deliver fraud checks within commercial lending. This partnership will aim to support Numerated’s lending automation capabilities by combining risk management with… Read More

October 3, 2024 @ 6:28 am By Omar Faridi  |  

Meta (NASDAQ:META) and NatWest are expanding an information sharing partnership to help protect people against fraud. The Fraud Intelligence Reciprocal Exchange (FIRE) is described in an update as a threat intelligence sharing program for financial institutions, enabling banking service providers to share intelligence with Meta… Read More

October 1, 2024 @ 11:39 am By Omar Faridi  |  

Three quarters or the majority of UK financial services professionals are preparing for the Chancellor’s upcoming Budget to have at least a moderate impact on their business, according to KPMG’s UK Financial Services Sentiment Survey. More than a quarter (28%) anticipate the impact will be… Read More

September 30, 2024 @ 10:45 am By Omar Faridi  |  

BUSINESSNEXT, a global enabler of composable enterprise solutions for financial services, has partnered with MongoDB to support autonomous operations enhanced with predictive and generative AI for banking as well as insurance. Headquartered in New York, MongoDB enables industry participants to create, transform, and enhance various… Read More

September 29, 2024 @ 6:10 pm By Omar Faridi  |  

Scotiabank is helping recent immigrants to Canada settle into their new lives faster with the expansion of its partnership with Nova Credit, the cross-border credit bureau operating in Canada. Through this partnership, Scotiabank is helping newcomers from select countries2 with the opportunity to “access higher… Read More