82% of Financial Firms Report Data Breaches, Says Blancco
Nearly two-thirds of survey respondents increased compliance spending throughout 2024
Nearly two-thirds of survey respondents increased compliance spending throughout 2024
CD Valet is a digital marketplace that connects consumers with the best CD rates and terms nationwide, helping community financial institutions effectively attract new deposits. The company today shared that over 3,600 of its tracked CD rates remain at or above the Federal Reserve’s current upper limit of 4.00% APY. “As expected after the recent Fed rate cuts, CD yields in general continue to ease. However, there are still strong opportunities out there for savers –...
Apiture, a leading provider of digital banking solutions now part of CSI, today announced the release of its new AI-powered user interface (UI). Further enhancing the Apiture Digital Banking Platform, the new UI deepens financial institutions’ relationships with account holders by delivering a predictive, personalized experience across online and mobile channels. With AI integrated throughout the UI, the new “Ask AI” feature enables account holders to receive real-time guidance and transaction-level insights. By selecting from pre-filled,...
Over half (56%) of companies are unable to expand overseas due to missed invoicing or tax compliance deadlines, new data reveals. Increasing financial regulatory demands combined with fragmented internal systems are creating a ‘compliance breaking point,’ preventing businesses from reaching their full global potential. More than one-third (36%) of companies have incurred fines by submitting incorrect tax audits, highlighting how widespread tax compliance failures are and why businesses risk being held back on the global...
Noted fintech leader brings impressive track record of success. Patel’s skills and experience will help the company capitalize on AI disruption and accelerate momentum. Hsieh called Patel a “significant hire” whose addition completes the company’s leadership transformation.
-New capabilities expand the amount of data lenders can import into their unified workflow-
Pipe’s participation in the Unicorn Community will focus on promoting financial inclusion for small businesses.
Credit Unions – SchoolsFirst, Members 1st, Truliant and ORNL – and Citi Invest in Zest Amidst Rapidly Growing Demand for AI-Native Lending Products
Pay3, an enterprise-focused stablecoin payments platform, today announced the launch of its Agentic Payments Platform, designed to enable AI agents to autonomously execute and optimize financial transactions using stablecoins. As agentic AI adoption accelerates, enterprises are seeking infrastructure that supports autonomous decision-making and digital asset transactions. Gartner projects that by 2028, 33% of enterprise software will include agentic AI capabilities — underscoring the need for programmable financial systems. Pay3 bridges this gap by integrating stablecoin payments, intelligent...
LitFinancial, a U.S. mortgage lender pioneering a stablecoin-powered mortgage model, today announced a new collaboration with Chainlink, the industry-leading decentralized oracle network. The partnership underscores LitFinancial’s commitment to enhanced transparency by improving data accuracy and providing real-time validation to litUSD, the company’s institutional-grade stablecoin designed for the next generation of financial products. This integration marks a key step in LitFinancial’s mission to bridge traditional finance and blockchain infrastructure, offering a new model for digital lending. By...