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Category: Operational


Capital and Risk, Credit, Operational

Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management

July 26, 2024

Via: FinTech Futures

Profile says its Finuevo Suite covers “the entire range of financing processes”. It includes the core banking platform Finuevo Core, which “accommodates a wide range of banking products and operations”, and its digital banking platform Finuevo Digital, which “supports all required […]


Capital and Risk, Operational

U.S. Bank introduces automated, end-to-end supplier accounts receivable platform

July 23, 2024

Via: Yahoo

U.S. Bank today introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and deliver better payment experiences. Created in partnership with Billtrust, U.S. Bank Advanced Receivables brings together the bank’s leading payment and risk management […]


Capital and Risk, Operational

Diamond Credit Union partners Tyfone for nFinia digital banking platform

July 15, 2024

Via: FinTech Futures

Tyfone says the credit union chose its tech for its “configurability and ability to meet the digital needs of both members and small and medium-sized businesses (SMBs) in its community”. The digital banking technology provider adds that the API-driven nFinia […]


Capital and Risk, Operational

Avidia Bank to adopt Personetics’ AI-powered engagement engine through new Q2 Digital Banking Platform

July 10, 2024

Via: FinTech Futures

Central Bank states that the move will enable it to deliver goal-oriented savings and wellness programmes to its digital users, offer real-time personalised financial advice and introduce an improved money management hub. Daniel Westhues, executive VP and CMO at Central […]


Capital and Risk, Operational

DZ Bank partners Surecomp for collaborative trade finance platform

June 19, 2024

Via: FinTech Futures

The Frankfurt-headquartered commercial bank is leveraging the vendor’s RIVO solution for “real-time corporate communication, transaction status transparency and accelerated trade finance issuance”, according to a statement. Integrated with Surecomp’s DOKA-NG solution for back-office trade finance processing, the platform is expected […]


Activity, Capital and Risk, Corporate Banking, Operational

Bendigo and Adelaide Bank partners MongoDB for core banking update with AI

June 14, 2024

Via: FinTech Futures

The move aims to streamline data management for the bank’s developers and foster the development of user-friendly banking services. In particular, the bank, which chose Google Cloud to host its digital banking system last year, aimed to implement a new microservices architecture […]


Capital and Risk, Operational

Former Temenos execs found GenAI banking tech start-up, yPilot

June 12, 2024

Via: FinTech Futures

Founded earlier this year and based in Vancouver, Canada, yPilot says it “leads the way in AI innovation for banks and credit unions”. Its “banking-specific, embeddable AI” platform aims to help financial institutions “to delight customers, combat fraud, and solve […]


Capital and Risk, Operational

Boost Bank officially launches its digital banking app in Malaysia

June 6, 2024

Via: FinTech Futures

Boost Bank, which obtained regulatory approval from Bank Negara Malaysia and Malaysia’s Ministry of Finance to begin operations in January, aims to offer both personal and business banking services, including savings accounts and a loyalty programme. The app also offers […]


Capital and Risk, Operational

U.S. Bank taps AI to create audience models for national campaign

June 5, 2024

Via: Banking Dive

AI’s potential remains a strong pull for marketers looking to optimize their campaigns, both when making media investments and for developing creative assets. Klarna, for instance, said it reduced its sales and marketing spend by 11% in Q1 by using […]


Capital and Risk, Operational

India’s Reliance Group launches financial services super-app JioFinance

June 4, 2024

Via: FinTech Futures

Jio Financial Services states that the app, which has been launched in beta and is currently inviting “user input for refinement”, will provide users with a “consolidated view of accounts and savings” and enable customers in India to execute UPI […]


Capital and Risk, Operational

From castles to banking ecosystems: the continuous evolution of banking software

May 31, 2024

Via: FinTech Futures

The history of banking software is a fascinating tale of adaptation, driven by the relentless march of technology and ever-changing customer demands. This journey began with monolithic fortresses built in mainframe languages like COBOL, which transitioned through the component-based era […]


Capital and Risk, Operational

Rich Data Co inks first US deal for AI decisioning platform with M&T Bank

May 29, 2024

Via: FinTech Futures

The business and commercial lending-specific platform will enable M&T, the sixth largest commercial bank in North America, to “detect more early warning signs” within its risk management and lending strategy. Leveraging explainable AI technology, the solution will equip the bank […]


Capital and Risk, Operational

How banks are employing quantum computing

May 28, 2024

Via: Banking Dive

As large global banks test quantum computing uses, it’s crucial that what’s learned is shared with the broader industry, particularly when it comes to defending against cyber risks. That’s according to Jan Bellens, global banking and capital markets sector leader […]


Capital and Risk, Operational

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

May 24, 2024

Via: FinTech Futures

The $483 million-asset credit union, which provides business and consumer banking services to  26,000 members throughout Ohio, has selected the platform to “future-proof” its operations in digital banking, payments and member engagement, according to the vendor. Digital banking services provider […]


Capital and Risk, Operational

Burgan Bank in core banking software modernisation with TCS Bancs

May 23, 2024

Via: FinTech Futures

TCS Bancs will replace a host of legacy platforms at the bank, including the ICS Banks core banking system from regional supplier ICS Financial Systems (ICSFS), FinTech Futures understands. The new integrated solution will support core and digital banking, payments, […]


Capital and Risk, Operational

BBVA partners OpenAI to deploy ChatGPT among its employees

May 23, 2024

Via: FinTech Futures

The Bilbao-headquartered group says that it has now started to deploy 3,000 ChatGPT Enterprise licenses among employees operating its central services in Spain, and also plans to extend licences to employees in the group’s other “main countries” in due course. […]


Capital and Risk, Operational

Wells Fargo to integrate AI into trade finance operations with TradeSun

April 19, 2024

Via: FinTech Futures

With approximately $1.9 trillion in assets, the San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution to mitigate risks in its trade finance operations, while also applying its AI technology to harvest, verify and classify unstructured data to […]


Capital and Risk, Credit, Operational

Myanmar’s KBZ Bank taps FinbotsAI for credit risk management solution

April 16, 2024

Via: FinTech Futures

As part of the deal, KBZ Bank will deploy the fintech’s credit modelling platform, CreditX, to “assess the creditworthiness of applicants across retail and SME products with higher accuracy and efficiency”. The AI-powered platform enables “real-time, paperless loan assessment” and […]


Capital and Risk, Operational

Opus CEO Praveen TM on driving AI transformation in banking and payments

April 10, 2024

Via: FinTech Futures

In an era where technology is reshaping the world of banking and payments, Opus Technologies is making waves through innovation. The company has launched a host of platforms and solutions to democratise artificial intelligence (AI) adoption among banks and credit […]


Capital and Risk, Operational

CFPB publishes new report highlighting risks related to financial transactions in video games

April 8, 2024

Via: FinTech Futures

Titled Banking in Video Games and Virtual Worlds, the new study reveals that gaming consumers in America spent nearly $57 billion on hardware, software, and in-game transactions in 2023. Gamers are often exchanging real dollars for virtual currencies or other […]