New AI functionality enables compliance teams to investigate alerts with full regulatory traceability, moving beyond ‘black box’ approaches Launch follows 800% surge in trade surveillance enforcement as firms face regulatory pressure to modernise detection systems
A new report commissioned by KlariVis, a leading performance intelligence platform built for financial institutions, and conducted by Cornerstone Advisors, a leading provider of business and technology consulting services for banks, credit unions, and fintech firms, reveals that most community banks and credit unions are not yet equipped to leverage artificial intelligence fully. The report notes inadequate data quality and infrastructure emerging as the primary barriers. The study, titled “Improving Your Financial Institution’s Data Execution Quality,” surveyed more...
As AI tools flood the workplace, Teammates introduces the first platform for building a true virtual workforce: AI colleagues that collaborate, learn, and grow alongside people.
SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the new version of its SBP Open Banking Platform, designed to help banks deliver next-generation digital payments and embedded finance services across Europe. The cloud-native, SaaS platform enables banks and financial institutions to accelerate their digital transformation while staying compliant with evolving regulations. Built on the foundations of PSD2, SBP Open Banking now...
OpenWay, a leading global provider of digital payment software solutions, has joined forces with Visa, a world leader in digital payments, to be a part of the Ready for Fleet program. Through this collaboration, OpenWay powers the global rollout of Visa Fleet 2.0, an advanced mobility and fleet card solution that helps businesses manage and pay for mobility-related expenses more efficiently. This step underscores OpenWay’s commitment to advancing digital payment innovation in the fleet industry and aligns with...
Model ML, the leading global AI workflow automation platform for financial services, today announced a $75 million Series A financing led by FT Partners, the global leader in FinTech investment banking. The round also includes significant participation from Y Combinator, QED, 13Books, Latitude and LocalGlobe, and comes just six months after the company’s seed raise, led by LocalGlobe, and only twelve months after its launch. “We’re thrilled to announce this round with such an exceptional...
First Bank is pleased to announce that Bridget Welborn joined the bank this October as its new Chief Risk Officer and Head of Legal. Welborn brings more than 15 years of experience in legal, risk, privacy, and regulatory compliance, with a proven track record advising boards, CEOs, and executive management on critical initiatives. Welborn most recently served as Senior Counsel, Banking, Privacy & Data Security at Wyrick Robbins, advising financial institutions, fintechs, and insurers on...
Candid conversations with leaders and innovators reimagining banking with AI – from the boardroom to the debugging room
Promotional offers are emerging as a strong tool for institutions to drive deposits in falling rate environment
