business news - FinTecBuzz

Abrigo Adds Transparent Artificial Intelligence Scenarios

May 1, 20205 min

Abrigo, a leading provider of compliance, credit risk, lending, and asset/liability management solutions, today announced upgrades to BAM+, its financial crimes detection software, including the addition of five transparent artificial intelligence/machine learning (AI/ML) anti-money laundering (AML) scenarios and the ability to direct file Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) batches to FinCEN. Abrigo developed each enhancement to enable users to work more efficiently while handling fewer false positives so they can focus...

by BusinessWire

P2P – Business Lending

Automated Financial Systems, Inc. Celebrates 50 Years of Innovation!

May 1, 20203 min

Today, Automated Financial Systems, Inc. (AFS®) celebrates 50 years of innovation! Founded on April 29, 1970, AFS revolutionized the banking industry with software focused on seamless, efficient commercial loan management that provided accurate and consistent loan accounting to banks and other financial services companies—an approach that changed the face of commercial loan processing. Since then, AFS has never stopped innovating, recognizing shifts in the industry and developing solutions to meet those requirements, a history of technological advances...

by PRNewswire

Real Estate Platform

Invesco Real Estate Completes Atlanta Office Investment

April 30, 20205 min

Invesco Ltd. today announced that Invesco Real Estate, the company’s global real estate investment business, has acquired Edison Windward, a newly-built office project in the desirable Atlanta real estate submarket of Alpharetta for an undisclosed sum on behalf of one of its separate account clients. Edison Windward benefits from design elements that differentiate it within the local office market, demonstrated by the property’s rapid lease-up with investment grade tenants. The two-story tilt wall design provides tenants with flexible, efficient...

by BusinessWire

Risk Management

Intellicheck Offers Free Fraud Protection to Financial Institutions and Retailers

April 30, 20204 min

Intellicheck, Inc. (Nasdaq: IDN) is offering its leading fraud fighting technology solution Retail ID Web to banks, credit card issuers, payment providers and retailers at no cost for 90 days in response to the explosion in online fraud during the nationwide COVID-19 stay-at-home and limited reopening environment. Multiple financial institutions and retailers are using this tool to stop fraudulent account takeovers, new account openings and purchases in this increasingly person-not-present environment. Intellicheck CEO Bryan Lewis...

by Chandrima S.

API

Fintech Unicorn SoFi to acquire Galileo, provider of financial API, for $1.2 Billion

April 29, 20207 min

by PRNewswire

Real Estate Platform

Home ASAP Sees Advertising Costs Plummet on Facebook

April 29, 20205 min

Home ASAP Sees Advertising Costs Plummet on Facebook

by Reece Tomlinson

In-House Features

Why SMEs May Prefer Debt Financing vs Equity as a Result of COVID-19

April 29, 202012 min

by PRNewswire

Risk Management

PASLA, RMA and EquiLend Release Asia Pacific Securities Lending Markets User Guide

April 29, 20205 min

The Pan Asia Securities Lending Association (PASLA), the Risk Management Association (RMA) and EquiLend, the global technology company for the securities finance, collateral and swaps industries, have joined forces with domestic and international market participants to produce the first annual Asia Pacific Securities Lending Markets User Guide. The complimentary user guide provides a detailed overview of the securities lending markets in Australia, China, the China/Hong Kong Stock Connect, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan and Thailand.Fintech News The user guide covers the current...

by FTB News Desk

Health Insurance

Introducing the Wealth Access + RightCapital Integration

April 29, 20204 min

Wealth Access and RightCapital establish integration to improve efficiency of wealth professionals and to deliver more accurate and up-to-date financial plans.

by PRNewswire

Compliance

Alaska Teams up with MUNIRevs and TTR to Help Companies Get Sales Tax Right

April 29, 20209 min

Sales Tax Simplification in Alaska While Alaska does not have a state-level sales tax, many local governments impose a sales tax on taxable sales. This impacts companies doing business in Alaska and remote sellers whose statewide sales meet the requirements to collect and remit sales tax. In an effort to simplify the complexity associated with knowing when and where to collect sales tax, Alaska formed the Alaska Remote Seller Sales Tax Commission. The Alaska Remote Seller Sales Tax Commission Local governments in Alaska signed...

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