TechCrunch

MAY 14, 2023

There’s a lot of fintech news out there and it’s our job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann and Christine Brex bid for SVB portfolios The FDIC finally released the various financial institutions that bid for parts of Silicon Valley Bank’s portfolio. Well, people in the U.S.

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Mobilunity

APRIL 18, 2024

There’s an increasing demand for solutions that streamline processes, enhance security, and deliver exceptional user experiences. Its component-based architecture allows for the creation of modular, scalable solutions, ideal for complex financial platforms. By 2028, this share is anticipated to exceed $400 billion.

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TechCrunch

OCTOBER 27, 2021

The New York-based startup, which provides digital payment infrastructure for financial institutions so they can offer virtual cards to their users, has raised $40 million in a Series B funding round led by March Capital. City National Bank and PacWest are both customers and investors. Extend is one such company.

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Exadel

APRIL 27, 2023

The finance industry is one of the most regulated sectors. From anti-money laundering (AML) and know-your-customer (KYC) requirements to data privacy laws and complex reporting standards, financial institutions face a host of regulatory obligations that can be difficult and costly to manage. billion in 2021 to $19.5

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Banking Report Compliance Fintech 52

TechCrunch

DECEMBER 7, 2022

Several years ago, on a dairy farm in the small Irish village of Dundrum, four technologists — Maxim Dressler, Ryan Lasmaili, Shaun Mc Brearty and Tilo Weigandt — brainstormed solutions for what they saw as a fundamental problem in data security: unencrypted text files. Investors apparently like what they see.

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TechCrunch

MAY 13, 2021

Founded by a team that ran risk management divisions at eBay and ThreatMetrix, SpecTrust is banking on the fact that companies — especially financial institutions — will be drawn to the flexibility afforded by a no-code offering. Don’t hate on low-code and no-code. Image Credit: SpecTrust.

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TechCrunch

APRIL 27, 2023

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. They must have a solution.

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Fintech Banking Development Team Review Technical Review 246

Exadel

APRIL 5, 2023

Keeping up with compliance is a costly and time-intensive job for any financial institution. In fact, figures published by the Wall Street Journal showed that: “New regulation stemming from the financial crisis has cost the six largest U.S. billion as of the end of last year.” over costs in 2021. billion by 2025.”

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Compliance Technical Review ChatGPT Systems Review 59

Praxent

FEBRUARY 15, 2023

A dramatically improved onboarding experience—from multiple days to zero—modern UX/UI mobile app design and development, and integrations with Plaid and DriveWealth help RIA disrupt the industry by providing customized digital investment services, education, and guidance to a new generation of investors.

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Praxent

JULY 25, 2022

Praxent Supports alooola in Launching Digital-First Financial Advisory Platform Geared Toward Millennials. AUSTIN, Texas – Praxent , a fintech design and engineering partner to financial companies, announced that it has supported the launch of alooola , an education-based wealth management and investment advisory platform.

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Fintech Education Mobile Compliance 52

Exadel

MAY 4, 2023

In NVIDIA’s recent The State of AI in Financial Services: 2023 Trends survey, 64% of survey respondents reported that their executive leadership team “values and believes in AI,” up from just 36% the year prior. Open banking has taken many strides in recent years toward becoming an industry-standard in the banking sector.

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Artificial Intelligence Artificial Inteligence Banking Fintech 52

Altexsoft

JANUARY 8, 2021

Financial crime remains a looming threat to American companies in the banking and finance sector. The burden naturally falls on companies to protect their assets—and their customers—by bolstering their current anti-money laundering infrastructure and protocols. Choose an AML solution with essential features.

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Technical Review Company Software Review Compliance 69

Exadel

APRIL 12, 2023

However, as CUTimes put it, the “credit union industry has faced many challenges in recent years, including a persistent period of high inflation, rising interest rates, compressed income margins, and stagnant demand in the economy. You can use RPA to help with onboarding, transaction monitoring, and even fraud prevention.

Banking 52

Banking Artificial Intelligence Artificial Inteligence Budget 52

Exadel

MARCH 21, 2023

Since the dawn of the digital era in financial services, businesses face the same story every year: Do everything for less without sacrificing services — and don’t forget to innovate. Yet, in practice, finding the right comprehensive solutions to cover all of a financial service provider’s bases can be a true challenge.

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Generative AI Banking Compliance Innovation 52

TechCrunch

APRIL 10, 2022

The London-based company, its CEO and co-founder Dev Subrata told me, started out as a customer engagement platform in 2013. “We Fidel API is industry agnostic, with customers ranging in the “hundreds,” from startups to giants such as Google, Royal Bank of Canada and British Airways. customer information.

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Coforge

AUGUST 6, 2020

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Trigent

SEPTEMBER 20, 2023

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. There are consumer protection laws to comply with and industry standards to avoid unfair penalties or discrimination. percent between 2023 and 2032.

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Insurance Policies Technical Review Systems Review 52

Praxent

MARCH 14, 2022

a company that helps FinTechs onboard new customers quickly, efficiently, and in full compliance with the anti-money laundering laws with their flagship product called Onboarding-as-a-Service. The first one was the onboarding and the second one was monitoring transactions for suspicious activity. Jeff Horvath.

Technical Review 52

Technical Review Systems Review Fintech Development Team Review 52

Altexsoft

NOVEMBER 20, 2018

The financial services industry is one of the most regulated sectors of the world economy. Bank secrecy, security terms, the lack of trust in technology, and strict regulations slow down industry development from the tech perspective. PSD2 integrates open banking and APIs with the financial business industry ecosystem.

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Banking Company How To Fintech 82

Lacework

OCTOBER 10, 2023

Editor’s note: At Lacework, we view privacy as an essential component of security solutions. Why is this relevant to customers of security providers? Our philosophy is that we should strive to make our customers more secure and more private, both in our products and our internal process for supporting our customers.

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Security Technical Review Software Review Data 52

RapidValue

APRIL 2, 2020

Industry experts across the globe have been researching methods to counter the threat of physical spoofing of biometric samples. These systems are provided to enhance existing facial recognition solutions by improving their ability to detect fraudulent activities. What is Liveness Detection?

Technology 81

Technology 3D Hotels Insurance 81

Xicom

MARCH 22, 2021

To be financially secure, you need to keep track of how much you earn and how much you spend. The time when Jon noticed a glitch in the market for conveniently finding information around to choose financial products like loans, credit cards and other banking stuff. It’s High Time For A Solution! Simple, get your money in order.

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Comparison Insurance How To Banking 59

TIBCO - Connected Intelligence

MARCH 31, 2021

2020 changed banks’ priorities, focusing more on data-driven insights that enhance resiliency and ensure exceptional customer experiences. How can financial services rise to face changing customer needs? Reading Time: 3 minutes. This disruption puts pressure on banks to respond to individual needs.”. Personalize Your Offerings.

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Banking Artificial Inteligence Strategy Data 26

TechCrunch

OCTOBER 1, 2022

HSBC Asset Management, the investment arm of Britain’s HSBC Group, has led a seed round of $4 million in Singapore’s customer intelligence and risk assessment startup Bizbaz , the two said Friday. Hakobyan said this kind of research requires high accuracy, and some industry practices raise privacy concerns.

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Fintech B2C Insurance Banking 264

Mobilunity

NOVEMBER 15, 2021

You may quickly locate collaborators that fit your financial requirements and discuss any payment-related matters with them. What Industries May Require Software Development Partnerships? What Industries May Require Software Development Partnerships? Governmental and Social Institutions. Traditional Industries (e.g.,

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Software Development Software Review Software Development 52

Exadel

JULY 6, 2022

Sophisticated, intelligent security systems and streamlined customer services are keys to business success. Financial institutions, in particular, need to stay ahead of the curve using cutting-edge technology to optimize their IT and meet the latest market demands. Machine Learning in Banking Statistics. The Metaverse Impact.

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Artificial Inteligence Machine Learning Banking Fintech 140

TechCrunch

SEPTEMBER 14, 2021

London-based PassFort , a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 PassFort tells TechCrunch it now has 54 customers in total, saying the majority are in the digital payments space. over the past 12 months. .

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.Net Compliance Policies Fintech 252

TechCrunch

OCTOBER 16, 2020

The pitch: Video has emerged as one of the prominent ways for enterprises to communicate internally and externally with their customers and partners. That means that API tools that do integrate, like Agora and Twilio, still require manual work from developer teams to customize and maintain. billion by 2027. Website: gryps.io.

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TechCrunch

JUNE 9, 2022

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. “There are a lot of point solutions out there. billion ($2.6 Backbase has been around for a decade already.

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Banking Tools Industry Marketing 195

TechCrunch

AUGUST 19, 2022

Private keys, critical to decentralized crypto apps, let individuals take control over their digital assets through self-custody wallets rather than leaving control to a centralized institution. Like many Singapore-based web3 entrepreneurs, Wang and his co-founders are veterans of China’s tech industry.

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Open Source Blockchain Banking Government 204

TechCrunch

MARCH 16, 2023

The pandemic truly transformed both the robotics industry and our coverage of it. Sometimes it means heading to Chicago for a trade show — and hopefully carving out some time for the Dali exhibit at the Art Institute and my customary trip to Quimby’s and Myopic in Wicker Park. Last week was a little slow.

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Performance Technical Review Systems Review Software Review 194

TechCrunch

MAY 7, 2023

and using customer savings deposits to fund such loans. In that letter, Brown pressed the FDIC to review Tellus’s business practices “to ensure that customers are protected from financial fraud and abuse.” It becomes really complicated to set up all your financial systems on a country by country basis,” he added.

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Fintech Banking Insurance Technical Review 292

Perficient

JANUARY 16, 2024

This blog, the first in a series by Perficient’s Risk and Regulatory Center of Excellence (CoE), provides actionable measures your company can adopt to safeguard against senior-level embezzlement risks and maintain the integrity of your institution’s financial transactions. Ensure checks and balances are present in all transactions.

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Compliance Technical Review Software Review Guidelines 52

Altexsoft

NOVEMBER 29, 2019

The platform offers the startup community, mentorship and educational programs, coworking space, peer meetings and events, communication with tech startup experts, and financial advice. The course starts at creating and verifying a business idea via customer discovery. Example of an ROI calculator provided for free. How it works.

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Technical Review Weak Development Team UI/UX Software Review 19

Mobilunity

APRIL 19, 2023

Payments, lending, and borrowing were the only traditional financial services that could be obtained through established financial institutions and banks. In this article, you’ll find out more about the DeFi staking platform, the pros and cons of CeFi and DeFi, and the types of DeFi wallet development solutions.

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Weak Development Team Development Blockchain Software Review 52

Saviynt

MARCH 17, 2020

The financial services industry is no stranger to data protection concerns. Perhaps tied only with the healthcare industry, financial institutions collect vast amounts of sensitive nonpublic personal information (NPI). Do financial institutions still need point-in-time audits?

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Technical Review Development Team Review Compliance Government 60

TechCrunch

JANUARY 3, 2022

Critical thinking and problem-solving are considered vital attributes for the cybersecurity professional — so it’s time our industry applied those capabilities to connect the dots between the skills shortage and lack of diversity. In its Cybersecurity Workforce Study 2021 , industry body (ISC) 2 found that 2.7 Shifting the narrative.

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