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Africa’s banking innovation leader uses Conversational AI to deliver new and impressive digital banking experiences as a cornerstone of its consumer digital strategy Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant. ARO chose to partner with...

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Avanti Financial Group today announced appointments to its leadership team. The company, which plans to apply for a bank charter under Wyoming’s special-purpose depository institution law, expects to open its doors by early 2021 and to serve as a compliant bridge between digital assets and the U.S. dollar payments system. “We have assembled a team of all-stars who have significant experience in regulated financial institutions,” said Caitlin Long, founder and CEO. “We’re building a bridge that doesn’t yet...

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The MUFG Union Bank Foundation today announced the launch of WE CAN (Women’s Entrepreneurship Capacity building, Advocacy support, Nurturing growth) Initiative. The two-year $500,000 women’s entrepreneurship and small business effort will help build capacity for under-resourced Women Small Business Centers (WBCs) in California. Women’s Small Business Centers are critically important to building a strong pipeline of women-owned businesses who are key to building the economic vitality of California. WE CAN will focus on three key pillars: leadership, training and advocacy. In partnership  with the Women’s...

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Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems announces the completion of its recent collections analytics engagement. This success story that highlights how they helped a multinational bank to gain better visibility into collections probability and better plan collection strategies to drive outcomes. Quantzig’s Collections Analytics Engagement Overview Business Challenge Solution Offered Outcome The client- a leading bank in the US wanted us to analyze &...

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Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending. Washington Trust Bank, the oldest and largest privately held commercial bank in the Pacific Northwest, is a...

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CVB Financial Corp. (NASDAQ:CVBF) and its principal subsidiary, Citizens Business Bank (together, “the Company”), announced that the Company’s Board of Directors has chosen David A. Brager to be the organization’s next Chief Executive Officer. Mr. Brager, who currently serves as Executive Vice President, Sales Division Manager, will assume the role on March 16, 2020 upon the scheduled retirement of the Company’s current President and CEO, Christopher D. Myers. Concurrently, Mr. Brager is being appointed to...

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Financial technology leader FIS™ (NYSE: FIS) and its clients have earned a total of six awards from two prestigious award programs for their quality and innovative treasury and cash management solutions. In Global Finance’s ranking of the World’s Best Treasury and Cash Management Banks and Providers, FIS was recognized for Best Treasury Management Software and Best Cross-Border Payments Solution for Corporates. FIS was also recognized in the 2019 Treasury Management International (TMI) Awards for the Technology & Innovation award...

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