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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 297
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Droit, a regulatory compliance platform used by major banks, raises $23M

TechCrunch

Droit , a regulatory compliance platform used by finance heavyweights such as Wells Fargo, Goldman Sachs, and UBS, has raised $23 million in a Series B round of funding. And earlier this year, another London-based company called GSS secured $45 million to help banks screen for any sanctions that may have been imposed by governments.

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Should finance organizations bank on Generative AI?

CIO

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. Regulatory compliance. In short, yes. But it’s an evolution.

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Andreessen Horowitz backs ModernFi’s deposit marketplace for banks

TechCrunch

Banks aren’t letting fintechs have all the fun when it comes to using technology, providing an opening for startups to show them what they got. In the same vein as companies like Flourish Fi , Treasury Prime , Savana and Amount offering software for banks, ModernFi is providing a marketplace for banks to exchange deposits on demand.

Banking 248
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It’s time to go paperless: are bank branches ready?

CIO

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 224
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Onboarding and automation: What fintechs can learn from big banks

TechCrunch

Michael Beckley Contributor Share on Twitter Michael Beckley is a co-founder and CTO of Appian , where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance.

Fintech 246
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Kompliant secures $14M to help companies tackle financial compliance challenges

TechCrunch

As for Kompliant’s second co-founder, Brad Wiskirchen, he was chairman of the board at the Federal Reserve Bank of San Francisco and a member of the interdepartmental working group on finance and technology at the International Monetary Fund. ” Image Credits: Kompliant. . ” Image Credits: Kompliant.