In this era of technology-driven innovation, several financial technology companies, commonly known as FinTechs, have embraced the power of artificial intelligence (AI) and machine learning (ML) algorithms to offer highly personalized services to consumers. With the ability to analyze vast amounts of data and make data-driven decisions, AI and ML are transforming the way wealth management and other financial services
Hyundai has unveiled an innovative system that allows drivers in the United States to locate and pay for various amenities using their vehicle’s touchscreen. This cutting-edge technology not only enhances convenience but also offers a secure and streamlined payment experience for Hyundai owners. By partnering with Parkopedia, a leader in parking services, Hyundai Pay’s first service enables drivers to easily
In today’s digital age, personalized banking experiences have become crucial for attracting and retaining customers. Recognizing this need, Temenos, a leading banking software company, has introduced a groundbreaking secure solution that utilizes generative artificial intelligence (AI). This innovative technology enables the automatic classification of customers’ banking transactions, promising enhanced digital experiences, personalized insights, and improved customer loyalty. Enhanced Digital Banking
In today’s fast-paced world, the combination of fintech and contactless transport payments has heralded a new era of ease for commuters and travelers. With the advent of innovative technologies such as mobile wallets and smart cards, users can simply tap their devices at entrance points to gain quick access to public transportation networks. This article explores the various aspects of
Swiss B2B fintech company GenTwo recently secured $15 million in a Series A investment round led by Point72 Ventures. This significant funding will enable GenTwo to further expand its securitization platform, which allows investors to access both bankable and non-bankable assets. With a strong market presence, an impressive track record, and an emphasis on technology, GenTwo is well-positioned to capitalize
Acquired.com, a leading payment solution provider, has recently launched its comprehensive Hosted Checkout solution aimed at revolutionizing the payment process for merchants. This innovative solution addresses the time-consuming and costly challenges of multiple integrations that have been the industry norm. By offering a pre-configured, highly adaptable solution, Acquired.com aims to simplify the payment process, reduce reliance on multiple service providers,
Bank employees in the UK are increasingly dissatisfied with their institutions’ international payment services, calling attention to the pressing need for banks to revamp their cross-border payment solutions. A recent survey revealed that only 51% of UK bank employees would recommend their institutions’ international payment services, indicating a lack of confidence in their own offerings. In this article, we delve
Dash Solutions, previously known as Prepaid Technologies, has recently announced its acquisition of KyckGlobal. This strategic move comes after Dash Solutions’ ambitious growth strategy, fueled by a notable $96 million investment from Edison Partners in 2021. With a focus on expanding into new markets and delivering a comprehensive range of configurable payment and engagement solutions, this acquisition signifies Dash Solutions’
Welcome to the definitive guide that will answer the burning question on everyone’s mind: What cryptocurrency to buy in 2023? In this article, we will explore a range of options, from old established tokens to some of the hottest meme coins, as well as trending fresh young crypto stars. However, it’s important to remember that choosing which cryptocurrency is best
In today’s rapidly evolving banking landscape, digital transformation has become a vital driver for success. However, a recent infobrief commissioned by Backbase highlights a concerning trend – a staggering 70 percent of digital banking projects in the Asia-Pacific (APAC) region have failed due to their costly and time-consuming nature. This article delves into the reasons behind these failures while shedding
Moneyfarm, a leading digital wealth manager, has witnessed significant growth in its assets under management (AUM) and client numbers in the first half of 2023. The company’s success can be attributed to various factors, including strategic acquisitions and collaborations with prominent industry players. Despite challenging market and political conditions, Moneyfarm’s innovative business model, which combines human expertise and cutting-edge technology,
Fraud has become a major concern in today’s digital landscape, with its growth and sophistication on the rise. The emergence of AI technology has further amplified these concerns, as it enables individuals to create complete identities with ease. In response to this evolving threat, PayPal, one of the pioneers in the online payment industry, plans to launch three new products
