BusinessWire - FinTecBuzz

Prudent AI Upfront Transforms Mortgage Sales with One-Touch Pre-Qual

BusinessWireMay 6, 20254 min

Prudent AI today announced the launch of Prudent AI Upfront, the mortgage industry’s first true one-touch pre-qualification platform that revolutionizes lender sales funnels. This innovative solution empowers lenders to process more applications, reduce fallout, and capture more business. Prudent AI Upfront boosts sales funnel efficiency through three transformative outcomes: 24/7 Document Submissions: Brokers and third party originators can submit borrower documents around the clock with instant alerts on missing documents, eliminating manual intervention Evaluate Borrower Repayment Ability...

Accounting

AffiniPay Appoints Leslie Witt as Chief Product Officer

BusinessWireMay 6, 20254 min

Austin-based software company strengthens leadership team for next phase of growth

Compliance & Scoring

SIFMA, Arteria AI Partner on US Treasury Clearing Solution

BusinessWireMay 6, 20255 min

SIFMA and Arteria AI today announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with respect to the mandated central clearing of US Treasury securities repurchase transactions, as required by new rules out of the Securities and Exchange Commission (SEC). “Since the finalization of the rule in December 2023, SIFMA has been working with our members, both buy...

Blockchain

Northern Trust Joins HKMA Project to Tokenize Carbon Credits

BusinessWireMay 6, 20255 min

Under the experimental setting of the HKMA’s Project Ensemble, investors will have access to tokenized voluntary carbon credits traded in Hong Kong via The Northern Trust Carbon Ecosystem™

Payments

Alipay Reports Surge in Travel Spending During 2025 Labor Day

BusinessWireMay 6, 20257 min

The top destinations for outbound Chinese travelers based on total Alipay spending are Hong Kong SAR, Japan, Macao SAR, South Korea, Thailand, Malaysia, Singapore, France, Canada, and Italy. Inbound travel to China saw a remarkable boost, with both the number of transactions and total spending by travelers using their 13 home e-wallets supported by the Alipay+ solution rising by over 100% year-on-year. Data from Alipay and other Alipay+ partner payment apps indicates a notable increase...

Compliance & Scoring

Options Launches AtlasWorkplace to Redefine IT for Finance

BusinessWireMay 6, 20255 min

Options Technology (Options), a leading provider of cloud-enabled managed services for global capital markets today announced the relaunch of Integrated Desktop, under a new brand umbrella, AtlasWorkplace, a tailored IT platform engineered to transform Hedge Funds, Private Equity firms, and Financial Services organizations with secure, scalable, and high-performance infrastructure. AtlasWorkplace provides a comprehensive, secure IT solution designed for the unique demands of buy-side firms. It integrates a White Glove Service, with dedicated technical account management and VIP...