Banking - FinTecBuzz

Financial Advisor Team Joins UBS Private Wealth Management in Miami

November 26, 20246 min

UBS Private Wealth Management today announced that financial advisor team AMD Wealth Partners has joined the firm. The team is led by Financial Advisors Ary Velasco, Michael von Borsig and David Cardenas. They join the UBS Miami Private Wealth Management market, led by Brad Rosenberg, and will be located in the downtown Miami office. Together, the Private Wealth Management team was responsible for managing over $1.4 billion in client assets. “On behalf of the entire...

by BusinessWire

Banking

Mbanq Announced the Launch of Mbanq Comet

November 26, 20245 min

Mbanq Comet is a standalone digital loan origination platform for banks, credit unions and FinTechs. It leverages AI-driven intelligence to enable smarter, faster loan decisions. The platform integrates effortlessly with any legacy core system, requiring minimal implementation and operational effort. Mbanq, a global leader in banking technology, launches Mbanq Comet, an AI-powered digital loan origination platform that makes full use of artificial intelligence to modernize and enhance the lending process. Mbanq Comet integrates seamlessly with...

by PRNewswire

Banking

10x Banking, Alloy Partner to Bring Cloud Risk Decisioning to Finance

November 25, 20245 min

10x Banking, the cloud-native core banking platform, has partnered with Alloy, a leading identity and fraud prevention platform, to deliver a next-generation customer onboarding, perpetual KYC and KYB monitoring, and credit decisioning platform for financial institutions globally. The partnership combines 10x’s pioneering meta core platform with Alloy’s leading solutions for managing identity risk throughout the customer lifecycle. 10x’s solution powers major financial institutions globally, including Chase UK and Westpac, and provides banks with the fastest, most cost-effective path to cloud-native...

by PRNewswire

Risk Management

Ally Announces Several New Leadership Appointments

November 25, 20246 min

The company promotes new chief risk officer and audit executive and welcomes new head of Deposits & Invest

by PRNewswire

Banking

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA

November 25, 20244 min

Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA. On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.” Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world. His...

by PRNewswire

Payments

New Report Reveals a Growing Interest in B2B AR Automation

November 25, 20245 min

Billtrust-Commissioned Datos Insights Study Finds 82% of B2B Businesses Not Using Automated AR Solutions Want to Adopt for Improved Cash Flow and Customer Satisfaction

by BusinessWire

Banking

68% FI Users Do Not Feel Known by Their Primary Financial Institution

November 22, 20245 min

Survey explores how Americans perceive and engage with their primary financial institutions

by PRNewswire

Platforms

Pocketnest Forges Strategic Alliance with CU WealthNext

November 22, 20246 min

Fintech trailblazer partners with CUSO to ignite credit union innovation

by BusinessWire

Investments

Piper Sandler Strengthens Financial Services Group Adding Matt Somma

November 22, 20245 min

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill Burgess and Scott Clark, co-heads of investment banking...

by PRNewswire

Banking

Empyrean Solutions Secures Significant Investment from Hg

November 22, 20249 min

Transaction follows a period of rapid growth and scaling, where Empyrean has emerged as a leading provider of integrated risk and performance management solutions for financial institutions. Funding will enable Empyrean to accelerate its product roadmap investments to address more ‘Office of the CFO’ software solutions, designed specifically for financial institutions, as well as expand sales and marketing to keep up with growing demand. Empyrean Solutions (“Empyrean”), a leading provider of risk and performance management...

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