Risk Management - FinTecBuzz

Brighthouse Financial announced two new appointments to BOD

April 10, 20244 min

Brighthouse Financial, Inc. (“Brighthouse Financial” or the “Company”) (Nasdaq: BHF) announced that its Board of Directors (the “Board”) appointed Michael J. (“Mike”) Inserra and Lizabeth H. Zlatkus as independent members of the Board. Mr. Inserra and Ms. Zlatkus were also each designated by the Board as an “audit committee financial expert” under applicable U.S. Securities and Exchange Commission rules and appointed to serve on the Audit Committee. In addition, Mr. Inserra was appointed to serve...

by PRNewswire

Risk Management

Oscilar unveils Groundbreaking AI-Powered AML Risk Platform

April 9, 20247 min

Introducing Applied Machine Learning, generative AI, and Analytical Capabilities for Real-Time Oversight and Enhanced AML Operations in Fintech and Banking

by GlobeNewswire

Risk Management

Matrix Applications launches Transparence

April 9, 20244 min

Matrix Applications LLC (“Matrix”), a financial technology and operational solutions provider for the capital markets, is proud to announce the launch of Transparence, a back office processing solution for equity finance operations. Since 2000, Matrix has delivered transformative industry solutions such as TradeBlazer, a fixed income post-trade collateral management platform, Managed Services, an outsourced back office for securities trade support, and MarginCalculator, a simple solution for FINRA Rule 4210 compliance. Today, the company is adding Transparence to its mix of comprehensive solutions...

by PRNewswire

Risk Management

Worth AI and Equifax enter strategic relationship

April 8, 20245 min

AI-powered risk management, coupled with access to unique data, accelerates processing time and increases business credit approval rates

by PRNewswire

Risk Management

Supernova launched next-gen of Aperture for All Major Asset Types

March 28, 20243 min

Leveraging Supernova's Aperture, credit, risk, and operations professionals can efficiently monitor collateral and manage risk across business lines in a single platform

by GlobeNewswire

Risk Management

TAB Bank promotes Terri Lins to Chief Credit Officer

March 22, 20245 min

Lins will oversee all aspects of the bank’s credit risk, including the special assets, underwriting and credit administration groups

by PRNewswire

Risk Management

Unicorn fintech veterans launch Worth AI

March 12, 20244 min

Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision making, increase risk accuracy and standardize the business credit score

by BusinessWire

Risk Management

AtlasClear acquires technology assets from Pacsquare Technologies

February 28, 20243 min

AtlasClear Holdings Now Has Fully Owned IP to Cloud-based Front and Middleware Technology

by PRNewswire

Risk Management

nuam exchange, Vermiculus Financial Technology establish partnership

February 27, 20244 min

Construction of an integrated cloud-native clearing system for the three clearing houses have begun, while progress is being made in parallel to create the clearing house in Peru.

by PRNewswire

Risk Management

okoora saves businesses over $3 billion in forex transactions

February 26, 20246 min

Fintech startup okoora announced that it has achieved cumulative savings of more than $3 billion for its customers through international foreign exchange transactions to date. The savings, primarily achieved in 2023, were obtained through the use of the okoora Automated Business Currency Management (ABCM™) integrated cloud platform that manages global payments, transactional banking, and risk management. Founded in 2021, the self-funded Swiss-Israeli startup achieved profitability last year, demonstrating the market potential for its AI-powered hub...

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