Filigran, an innovative player in the European cybersecurity landscape, has successfully secured a substantial $35 million in a Series B funding round led by Insight Partners, with continued backing from previous investors Accel and Moonfire. This influx follows swiftly on the heels of Filigran’s $16 million Series A round, signaling robust confidence in the company’s advanced cybersecurity solutions. Since its
The rapid advancement of artificial intelligence (AI) is revolutionizing various industries, and the financial services sector is no exception. AI is significantly changing how financial institutions operate, enabling them to streamline processes, enhance customer experiences, and make more informed decisions. Leveraging AI in finance has proven to be transformative, leading to increased efficiency and improved outcomes. As financial organizations integrate
Enterprise Resource Planning (ERP) systems have significantly transformed accounting by integrating various financial operations into a single, cohesive platform. This integration not only streamlines workflows but also enhances data accuracy and provides real-time insights, enabling businesses to make informed decisions. By unifying financial data, automating repetitive tasks, and offering advanced analytics, ERP systems are reshaping how companies manage their finances.
In the rapidly evolving financial landscape, instant payment systems are emerging as a game-changer for small businesses. Despite their potential, many small business owners remain unaware of the full benefits these systems offer. This article delves into the critical use cases and advantages of instant payments, aiming to bridge the knowledge gap and promote broader adoption among small businesses. Understanding
Embedded finance, which refers to the integration of financial services into a company’s products or services, is often seen as a tool to streamline operations and enhance efficiency. However, this perspective falls short of recognizing the substantial growth potential embedded finance offers, especially within the B2B sector. By shifting focus from mere efficiency to tailored, industry-specific solutions, businesses can unlock
In recent years, the United States has emerged as a leader in the field of embedded finance, particularly among small to medium-sized businesses (SMBs). This trend is driven by the integration of financial services into Software-as-a-Service (SaaS) platforms, which offer a more accessible and efficient alternative to traditional banking services. This article explores the factors contributing to the widespread adoption
As we approach 2025, the demand for data scientists is set to skyrocket across various industries. The increasing reliance on data-driven decision-making, coupled with advancements in artificial intelligence (AI) and machine learning, is driving this trend. This article delves into the industries that are expected to lead the hiring of data scientists, exploring the specific applications and needs that make
In an intriguing shift in investment strategies, a recent survey commissioned by Charles Schwab has unveiled a growing enthusiasm among U.S. investors for crypto exchange-traded funds (ETFs). The survey, which meticulously analyzed the investment intentions of a diverse group of participants, revealed that 45% of respondents plan to invest in crypto ETFs within the next year. This figure marks a
Bitcoin, a decentralized digital currency, is fundamentally changing the landscape of global payment systems through its innovative technology and efficient transaction processes. The advent of Bitcoin has introduced several pivotal shifts in how financial transactions are conducted, presenting both opportunities and challenges for users and institutions alike. As this cryptocurrency gains wider acceptance, its impact on traditional financial systems and
Blockchain technology is making significant strides in various sectors, particularly in the financial technology (fintech) arena. This innovative technology is transforming how financial transactions and operations are conducted, and Atlanta, known for its thriving fintech scene, is emerging as a hub for blockchain development. This article provides an in-depth exploration of blockchain, its significance to the fintech industry, and how
Contemplating the integration of artificial intelligence (AI) into Israel’s financial sector, the government faces a complex and challenging task that necessitates a delicate balance of innovation and regulation. With an aim to harness AI’s potential benefits while mitigating its associated risks, a special inter-ministerial team was established in 2022 to develop a comprehensive regulatory framework. This team, comprising experts from
JPMorgan Chase & Co. is making a significant leap in financial technology by introducing instant settlements for dollar-euro foreign exchange (FX) transactions via its blockchain platform, Kinexys, formerly known as Onyx. By leveraging JPM Coin, a digital token tightly coupled with the US dollar, the bank aims to expedite FX settlements that usually take one to two days, offering real-time
