Evolution Risk Partners Adopts Gradient AI for Smarter Underwriting
January 9, 20254 min
MGU Fills in Gaps in Data and Claims with AI-Driven insights to Offer Tailored Solutions for Customers Seeking Alternative Funding Options
Microsoft, ThetaRay Roll Out GenAI Financial Crime Detection Suite
December 12, 20245 min
Innovative generative AI capabilities streamline compliance processes and improve operational efficiency for institutions worldwide
Three New Advisors Team Up with Sowell Management in 3rd Quarter
November 28, 20246 min
The advisors, who head separate and distinct businesses under the Sowell umbrella, represent over $220 million in combined AUM
How Banks Can Avoid Tech Bloat to Boost Efficiency, Security, and Innovation
November 13, 202416 min
Combat tech bloat in banking with strategic audits, streamlined systems, and modern solutions. Enhance efficiency, security, and innovation while minimizing complexity.
Finanta Announced Partnership With IBC Bank
November 6, 20247 min
IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a significant step in IBC’s ongoing commitment to enhance its digital banking services and deliver cutting-edge solutions to its customers. By integrating Finanta’s advanced commercial lending...
DriveWealth Hires Venu Palaparthi as Chief Operating Officer
September 6, 20246 min
Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank. Drip has seen remarkable growth, quadrupling its revenue and doubling its customer base in the past two years. The company has expanded its services for SMBs by integrating forex and risk...
Minerva named Top AI & Data Product in the 2024 Product Awards
March 14, 20244 min
Anti-money laundering compliance solution selected by product leaders as a top tool for financial institutions
Verikai unveils CaptureHealth and Capture360
March 1, 20243 min
Verikai, an industry innovator in health insurance, proudly announces the launch of CaptureHealth and Capture360, two groundbreaking solutions designed to revolutionize healthcare risk analysis. These offerings are part of the comprehensive Verikai platform. The CaptureHealth model provides a health-centric risk score by feeding comprehensive medical claim and health history data into Verikai’s proprietary machine learning models. Capture360 adds hundreds of thousands of behavioral and social determinants of health (SDoH) factors to CaptureHealth in order to...
Jumio announces Igor Beckerman as Chief Financial Officer
February 20, 20242 min
Seasoned executive brings three decades of experience developing and executing financial plans and programs for Fortune 500, enterprise software and B2B start-up companies