Tagged: sultan meghji

FDIC Announces that Teams Will Be Chosen to Explore Technology to Address Needs of Unbanked Consumers

August 14, 2021 @ 4:22 pm By Omar Faridi |

The Federal Deposit Insurance Corporation (FDIC) recently revealed that eight teams have been chosen to take part in a “tech sprint” designed “to explore new technologies and techniques” to assist banking institutions with meeting the requirements of unbanked consumers. The FDIC’s technology lab, FDITECH, introduced… Read More

AI-based Banking Tech Provider Neocova Secures $9.5 Million in Investments from US-based Community Banks

January 24, 2020 @ 1:20 pm By Omar Faridi |

Several US-based community banks have reportedly invested $9.5 million into artificial intelligence (AI)-enhanced, API-driven banking technology provider, called Neocova. Developed specifically for community banks, Neocova’s cloud-powered core platform handles the management of customers, their deposits, and any loan products they might be using. The latest… Read More