90% of Firms Still Rely on Spreadsheets Despite Bottlenecks
February 17, 20254 min
New study from AutoRek reveals direct risks posed by legacy technology and the urgent need for businesses to modernize their systems
OneConnect Integrates DeepSeek into AI Agent Platform
February 13, 20253 min
OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, NYSE: OCFT, HKSE: 6638), a business technology service provider for financial institutions, launches its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to deliver a comprehensive AI solution tailored specifically for the banking industry. This innovative initiative aims to accelerate the digital transformation of the banking sector, enabling financial institutions to enhance operational efficiency and improve customer experience through advanced AI capabilities. By adopting a dual-engine strategy—“Open-source...
Jump Closes $20 Mn Series A Funding Round, Led by Battery Ventures
February 4, 20259 min
New funding will accelerate Jump’s rapid growth, drive development of advanced artificial intelligence (AI) tools to increase productivity and streamline client interactions for financial advisors
Socure Verifies Over 2.7 Billion Identity Requests in 2024
February 4, 20259 min
Leading identity verification provider validated more than 370M unique identities in the past year, doubling 2023's total
Sapiens Now Available in the Microsoft Azure Marketplace
January 13, 20254 min
Microsoft Azure customers worldwide now gain access to Sapiens SaaS solutions to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.
How Community Banks and Credit Unions Can Use AI to Get Ahead in the Digital Era
November 27, 202415 min
Empowering community banks and credit unions with AI for better service, efficiency, and staying competitive in the digital era.
Blend Taps Alex Sion as Financial Services Vertical Leader
November 19, 20247 min
Blend, a leader in data science and AI-powered solutions, announced today the appointment of Alex Sion as the Financial Services Vertical Leader. With over two decades of experience leading digital transformation across financial services giants like JP Morgan Chase, Citi, and fintech private equity investor Motive Partners, Alex will spearhead Blend’s mission to deliver end-to-end AI-driven solutions for the financial services industry. “Alex’s deep expertise and visionary approach to financial services innovation will be instrumental in driving meaningful...
LPL Financial Launches Curated AI Solutions for Advisors
November 13, 20247 min
LPL Financial LLC, a leader in the wealth management industry, is helping its advisors spend more time on what matters with the launch of a curated program – AI Advisor Solutions – designed to help advisors maximize their days, deliver bespoke client experiences, and leverage data to provide more sophisticated and personalized financial advice. Nearly a third of financial advisors say they do not have enough time to spend with clients, according to J.D. Power’s 2023 U.S....
Saphyre Named to 2024 Fintech 100 by CB Insights
November 7, 20243 min
Saphyre, Inc., a leading pre- and post-trade platform for the world’s largest financial institutions, has been named to CB Insights’ Fintech 100 for 2024 in recognition of Saphyre’s industry leading T+1 trade ops solution. “It is an honor and privilege to be ranked on CB Insights’ Fintech 100,” said Saphyre Co-Founder and President Stephen Roche. “It has never been a more important time for the finance industry to adhere to T+1 mandates here in the US...
Why Financial Institutions Need an Industry-Specific Approach to Benchmarking Customer Interactions
October 16, 202411 min
Financial institutions need industry-specific benchmarks to measure customer interaction value and drive loyalty effectively.