Category: Doing Business Overseas
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Pagaya invests in AI in Q2
Fintech Pagaya was focused on internal growth and technology investments in the second quarter, resulted in an 83% year-over-year increase in total revenue. In Q2, the tech company, which leverages artificial intelligence (AI) infrastructure for the financial ecosystem, “invest[ed] in areas such as headcount, artificial intelligence development, public company readiness and bank partnerships,” Chief Financial…
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Alt Lending Week ended 19th August 2022
Is the City about to undergo a bloodbath of Dealmakers? An apocalyptic piece in the Sunday Telegraph citing the possibility of a large number of redundancies in the dealmaking sector. Of course banks need to trim their cloth when the going gets tough. For some reason these guys are usually overpaid and judging by the outcomes…
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More from the Masters: A Sneak Peek at FinovateFall’s Top Keynote Speakers
Earlier this month we highlighted a handful of the Mastermind Keynotes scheduled for FinovateFall 2022 in New York, September 12 through 14. This week, we take a look at more of the fintech entrepreneurs, analysts, and experts who will share their knowledge and insights into the fintech industry at FinovateFall next month. Day One will…
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Armed Forces Bank to fill tech roles with veterans
Armed Forces Bank announced Monday it is working with the U.S. Army’s Partnership for Your Success (PaYS) program to provide technology training for military veterans looking to enter the banking and finance industries. The $1.6 billion bank is offering a digital certification program that covers tech-related instruction on automations such as digital banking enrollment, chat…
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Alliant Credit Union Selects Upstart for Lending-as-a-Service
Alliant Credit Union announced a partnership with lending-as-a-service fintech Upstart. The agreement will make Alliant part of the Upstart Referral Network. Upstart SVP of Lending Partnerships Michael Lock said the move will help Alliant “grow its membership while providing greater access to affordable credit.” Alliant Credit Union announced it has selected Upstart to help it…
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Movers and Shakers: MortgagePath announces new director
Digital mortgage solutions provider Promontory MortgagePath announced the appointment of John Gust as director of product management. Gust will continue the company’s human-centric approach to technology to ensure its tools enhance rather than supplant the direct interaction between loan officers and customers, he told Bank Automation News. “Our development focus has largely been on enhancing…
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Seymour Bank selects Teslar to enhance CX, boost productivity
The Seymour Bank announced today that it will leverage Teslar Software to increase automation within its lending and customer experience platforms to boost efficiencies for bank clients and employees. The software, which helps community financial institutions to integrate automated workflows, will be used at the bank to track documentation, monitor exceptions, enhance the digital customer…
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Teslar Software to Streamline and Automate Lending for Missouri-Based The Seymour Bank
Teslar Software announced a partnership with Missouri-based community bank, The Seymour Bank. Courtesy of the deal, The Seymour Bank will use Teslar’s lending process automation platform to modernize and streamline its commercial lending business. Teslar Software made its Finovate debut at FinovateSpring 2015 in San Francisco. The Seymour Bank, a Missouri-based financial institution with more…
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FinovateFall 2022 Sneak Peek: Illuma
A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. Illuma Shield Voice Authentication is integrated with Posh Technologies’ Conversational AI IVR for deployment in the contact center. Features Frictionless account access without pins/passcodes/passphrases 24/7 customer service with a user friendly, conversational IVR…
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FinovateFall 2022 Sneak Peek: SESAMm
A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. SESAMm specializes in big data and AI. At FinovateFall, the company is demoing its ESG Monitoring and Alerting product that detects controversies and positive impact events on web data. Features ESG controversies and…
