Genemod, a software for laboratory inventory management used by institutions like the University of Washington School of Medicine; the University of California, Berkeley; and the National Institutes of Health; has raised $1.7 million from a clutch of top venture investors. The small seed round came from Defy.vc, with additional commitments […]
Institutions
IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk
ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM ) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change. […]
Financial institutions a top target for COVID-era cyberattacks
Work from home challenges can lead to fatigue and complacency around data security measures, both for employees adhering to security policies as well as for IT teams tasked with implementing and enforcing them. (Shutterstock) In July 2020, Kroll observed a 22% increase in attacks targeting the financial services sector based […]
Tamweeli.tn, 1st digital platform for connecting MMEs and financial institutions, launched
(TAP)- Tamweeli.tn, the first digital platform for connecting SMEs and financial institutions was officially launched on Wednesday by the U.S. International Development Finance Corporation (DFC), in partnership with the Middle East Investment Initiative (MEII). The United States International Development Finance Corporation (DFC) is the development finance institution of the United […]
PowerBand Advisory Team Bolstered by Addition of Automotive Leader Steve Waller, Proven Executive of Fortune 500, 300 and 100 Financial Institutions
VANCOUVER, BC / ACCESSWIRE / October 8, 2020 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) (“PowerBand”, “PBX” or the “Company”) is pleased to announce Steve Waller, one of the U.S. automotive retail and banking sectors’ proven leaders, is joining the Company’s advisory team. Mr. Waller brings unique C-suite experience with […]
Why is Digital Success Crucial for Financial Institutions?
In today’s world, digital success is more important for the prosperity of financial institutions than ever before. This is largely due to the COVID-19 fueled acceleration of digital banking adoption. In fact, J.D. Power has estimated that only 46% of consumers will go back to banking as usual after the […]
IBM, Fenergo to Transform New Customer Onboarding for Financial Institutions
AI and Analytics on IBM Cloud can help expedite customer lifecycle management and improves client experience IBM furthers ecosystem commitment ARMONK, N.Y., Oct. 5, 2020 /PRNewswire/ — SIBOS: IBM (NYSE: IBM) and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced the general availability of […]
Convergence Of Financial Institutions’ Risk Management Aided By Artificial Intelligence
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Artificial Intelligence Sergey Tarasov – stock.adobe.com The attention on technology and risk in financial institutions has often been laser focused on transactions. That makes sense because of the large volume of trades and other transactions that are at risk from fraud, hacking and other issues. However, financial institutions also have […]
Truth in Advertising? Education Stakeholders Seek to Hold For-Profit Institutions Accountable
September 4, 2020 | : As the coronavirus pandemic continues, for-profit colleges stand to benefit as some increase their advertising and enrollment efforts, touting online programs that could draw the newly unemployed. But advocates for veteran education fear this is bad news for service members and veterans, who are historically […]
Blockchain Management Styles Show Diversity Of Strategies Employed At Systemically Important Financial Institutions
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Clockwise, from top left, Mariana Gomez de la Villa, distributed ledger technology program director, … [+] ING; Michael del Castillo, associate editor, Crypto & Blockchain, Forbes; Jennifer Peve, managing director, business innovation, DTCC; and Xue Wang, general manager, FinLab at China Construction Bank Fintech Corporation. Forbes Three of the most […]
GLEIF Defines new Validation Agent Role for Banks & Financial Institutions to Simplify and Accelerate Client Lifecycle Management
BASEL, Switzerland–(BUSINESS WIRE)–The Global Legal Entity Identifier Foundation (GLEIF) has today announced that financial institutions (FIs) worldwide can realize a variety of cost, efficiency and customer experience benefits by assuming a new ‘Validation Agent’ role within the Global LEI System. FIs acting as Validation Agents simplify LEI issuance for their […]
Huawei partners to provide financial institutions biometric tool for secure remote loan onboarding
Huawei and Sunline have jointly released a new contactless tool with biometric authentication for financial services, called the Digital Loan One Box Solution. The announcement was made at HUAWEI CONNECT 2020 in Shanghai, an annual flagship event hosted by Huawei for the global information and communications technology industry. The new […]
Ant Group Launches “Trusple,” an AntChain-Powered Global Trade and Financial Services Platform for SMEs and Financial Institutions
SHANGHAI–(BUSINESS WIRE)–Ant Group, a leading provider in the development of open platforms for technology-driven inclusive financial services, and the parent company of China’s largest digital payment platform Alipay, today unveiled Trusple, an international trade and financial service platform powered by AntChain, the company’s blockchain-based technology solutions. Trusple aims to make […]
Capco Announces PlatformZero, a Cloud-Based, Low-Code Digital and Automation Solution for Financial Services Institutions
Capco’s PlatformZeroSM eliminates back-office inefficiencies and helps financial institutions improve digitization across the enterprise Capco, the global management and technology consultancy, today announced the launch of PlatformZeroSM, a fully cloud-based digital and automation solution focused exclusively on the financial services industry. PlatformZero is designed to increase efficiency and eliminate high-cost […]
Ant Group Unveils AntChain-Powered Global Trade/Financial Service Platform “Trusple” For SMEs & Financial Institutions
Financial giant Ant Group announced on Friday the launch of Trusple, an international trade and financial service platform powered by AntChain, the company’s blockchain-based technology solutions. According to Ant Group, Trusple aims to make it easier and less costly for all participants to sell their products and services to customers […]
EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future
The investment will empower insurance companies, banks, and other financial institutions to build and optimize digital journeys with an AI-powered no-code platform Tel Aviv, Israel – September 24, 2020 – EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, today announced it has raised $16 million in funding […]
FIDUCIARY INSURANCE SERVICES LLC to provide Integrative wealth management and insurance advice to sponsoring financial institutions – Press Release
NEW YORK, N.Y., Sep 18, 2020 (SEND2PRESS NEWSWIRE) — Fiduciary Insurance Services, LLC (FIS) announces its launch today as a provider of strategic consulting, insurance advice, and investment advice, on an hourly or retainer basis, to financial institutions seeking to participate in a growing trend for insurance distributed via fiduciaries. […]
Fiserv Enables Financial Institutions to Take Lease Accounting from a Spreadsheet to the Balance Sheet
TipRanks 3 Artificial intelligence Stocks to Consider as the Trend Heats Up Working the stock market is a data game. Getting the best information, in a timely way, and knowing how to use it, are keys to success. So, here are some numbers to think about. According to industry market […]
Ondot Hosts Webinar on Digital-First Card Modernization for Financial Institutions
Special focus on Aite Group’s recent report on card modernization Santa Clara, California, Sept. 09, 2020 (GLOBE NEWSWIRE) — Ondot Systems, the digital card services platform for credit and debit issuers, will host a webinar called Why Cards Are the New Focus for Digital Transformation on Sep 22 at 2 […]
Oneiro, Inc. Launches First Central Bank Digital Currency Platform on Cosmos Protocol Aimed Toward Banks and Financial Institutions
Oneiro offers a turn-key solution for emerging economies to digitize central banking and overcome the cost, complexity, and structural barriers inherent in traditional approaches Boston, MA, Sept. 03, 2020 (GLOBE NEWSWIRE) — (via Blockchain Wire) Oneiro (https://oneiro.io), global provider of high-performance blockchain solutions, and developer of the first adaptive digital currency ndau.io […]