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Earnix, the global provider of AI-based SaaS pricing and rating solutions for financial services, and Exavalu, a global insurance digital advisory and system integration consulting firm, announced a partnership “to provide leading property and casualty insurance carriers with improved operational and analytical flexibility to accelerate... Read More
United Fintech is increasing its global presence with the opening of a new location in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, “spearheaded by Athena, one of United Fintech’s partner companies, is a response to robust market demand and underscores... Read More
AI lending technology provider Zest AI this week unveiled its new lending intelligence companion LuLu. LuLu is a customized generative AI tool that lending organizations can use to instantly capture strategic industry insights, decisioning and portfolio performance metrics, and quickly access their unique Zest AI... Read More
The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the abilities of large language models or underestimate the power of existing anti-fraud systems, says chargeback... Read More
Ripple releases the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets, relevant XRP Ledger and XRP-related announcements, and market developments over the previous quarter. As an XRP holder, Ripple believes in “proactive... Read More
With nearly three-fourths (73%) of consumer loan customers now categorized as financially unhealthy1, up from 67% in 2023, lenders “have their work cut out for them delivering products that meet customer needs in a persistently high interest rate environment.” According to the J.D. Power 2024... Read More
Backbase, the global enabler of Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a private bank in Vietnam, together with SmartOSC, the digital enabler, announce the go-live of the Backbase Engagement Banking Platform to launch OCB’s OMNI 4.0 app. The OCB OMNI 4.0 version reportedly... Read More
Nu Holdings Ltd. (NYSE: NU), which claims to be one of the world’s largest digital banking platforms, released its First Quarter financial results. Financial results are presented in accordance with International Financial Reporting Standards (IFRS). David Vélez, founder and CEO of Nubank said: “In May... Read More
Pagos, a provider of payments optimization solutions, recently announced the launch of Pagos Copilot, an AI-powered tool for instant payment intelligence. “It’s easy for subpar performance to go unnoticed when you don’t have a wealth of payments industry knowledge because you don’t necessarily know what... Read More
Private market exchange ADDX Pte. Ltd., regulated by the Monetary Authority of Singapore, has launched the blockchain-based ADDX Fixed Income Marketplace and pioneered a Multi-Issuer Debt Issuance Program for companies to conveniently issue digitized commercial paper and bonds. The Digitized Bonds are expected to “be... Read More