09/19/2023
Citi Develops New Digital Asset Capabilities for Institutional Clients
Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities.
FinTech
09/19/2023
Cloudinary Introduces Nexus, a Free AI-Powered Digital Asset Management Solution for SMBs and Teams
With a strong focus on usability and accessibility, Nexus is a valuable tool for a broad range of teams and individuals.
09/19/2023
nbkc Bank Selects Spiral to Launch an Innovative Digital Giving Center, Revolutionizing Customer Engagement with Community Impact
nbkc adds Spiral to allow customers to donate to their favorite charities directly from their personal online banking portal and get an annual donation report for tax purposes.
09/15/2023
Cloudinary Extends its Digital Asset Management (DAM) Platform with Studio, a Powerful Set of AI Capabilities for Marketers
Studio allows non-technical users to harness the power of AI to create engaging customer experiences at scale while improving internal efficiency and reducing time-to-market
09/14/2023
Wells Fargo launches Stock Fractions in the Wells Fargo Mobile app
The introduction of Stock Fractions is one of a number of enhancements recently made to enhance the WellsTrade client experience in the Wells Fargo Mobile app
09/13/2023
Episode Six Launches Business Now, Pay Later™ Enabling Financial Institutions to Offer B2B Installments to Small and Medium-sized Enterprises
It’s clear there is an increased demand from SMEs for more flexible working capital solutions, and the economic headwinds that have led to rising rates are only strengthening the need.
09/13/2023
Citi named Best Corporate/Institutional Digital Bank in Puerto Rico
The bank received a total of eight awards in regional subcategories that recognized digital products and services offered to clients
09/12/2023
Citi Selects Foro Holdings, Inc. to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale
Citi will be a minority investor in Foro and it will continue to support the platform in various ways including ongoing connectivity with Citi’s Diverse Financial Institutions Group.
09/12/2023
State Street’s Market Leading FX Execution Venue, FX Connect, Enters into a Commercial Arrangement with LoopFX
LoopFX is creating a new liquidity venue for large spot FX trades by centralizing peer-to-peer matching with bank interest.
09/11/2023
Morgan Stanley to launch AI chatbot to woo the wealthy
After testing it with 1,000 financial advisers for some months, the bank will roll out a generative artificial intelligence (AI) bot in September, developed with the makers of ChatGPT, OpenAI.
09/08/2023
Conquest Planning Inc. and Aviso Join Forces to Enhance Financial Planning for Canadian Investors
This partnership will further empower our credit union partners and their advisors to provide the expert financial planning their members expect
09/08/2023
How New Tools Are Changing Bank Balance Sheet Management
This approach allows multiple banks to share the rewards and, crucially, the risks associated with loans, creating an environment conducive to mutual growth.
09/08/2023
TaxBit unveils AI-enabled rules engine for crypto accounting
Traditional accounting methods are struggling to keep pace with the rapid complexities of cryptocurrency transactions.
09/07/2023
Fintech Leader CapIntel Unveils OMNI, Holistic Wealth Management Platform For Financial Services Professionals
The new OMNI platform offers advisors interactive, intuitive and tailored presentation building capabilities that help retail investors gain a better understanding of their financial goals
09/07/2023
BNY Mellon Launches Bankify
BNY Mellon forms strategic alliance with Trustly to pioneer an open banking payment solution with guaranteed settlement
09/06/2023
In Latin America, Brazilian fintech firms rule
Alas, they ended up founding a company that US credit card giant Visa acquired this year for a cool $1 billion.
09/06/2023
nCino’s Cloud Banking Platform Streamlines Dodd-Frank 1071 Compliance Support for Financial Institutions
Recent enhancements to nCino’s Small Business Banking Solution allow banks and credit unions to easily adopt and comply with Section 1071 of the Dodd-Frank Wall Street Reform Consumer Protection Act as part of the end-to-end lending process
09/05/2023
Bank of America launches Global Digital Disbursements solution in Canada
The use case for Global Digital Disbursements varies by industry and includes insurance companies that leverage its speed to make claim settlements.
09/04/2023
Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan
For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.
09/01/2023
Keeping digital assets on the menu in banking
Banking leaders are exploring the ability of these technologies to deliver valuable services to customers and also use them in their own processes.