banking technology

From Banking to Binge-Watching: How AI Spots the Unseen
From Banking to Binge-Watching: How AI Spots the Unseen
October 28, 2024  |  artificial intelligence

Machine learning algorithms scan millions of transactions in banks’ fraud detection centers, flagging suspicious patterns human analysts might miss. Similar mathematical models help Netflix predict...

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AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization
AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization
October 25, 2024  |  Payments Innovation

Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate...

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Amount Targets ‘Deposit Drift’ With Account Opening Platform
Amount Targets ‘Deposit Drift’ With Account Opening Platform
October 15, 2024  |  Banking

Banking technology firm Amount has introduced its unified account opening and loan origination platform. The new solution is designed to help banks and credit unions reduce costs,...

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India Central Bank Head Warns of AI ‘Opacity’ in Finance
India Central Bank Head Warns of AI ‘Opacity’ in Finance
October 14, 2024  |  artificial intelligence

The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that...

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Amount Raises $30 Million to Expand Into Credit Union Space
Amount Raises $30 Million to Expand Into Credit Union Space
August 15, 2024  |  Investments

Banking technology firm Amount has raised $30 million to expand into the credit union sector. Amount announced the $30 million equity capital raise in a Thursday (Aug....

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JPMorgan: All New Employees Will Receive AI Training
JPMorgan: All New Employees Will Receive AI Training
May 20, 2024  |  Banking

At JPMorgan Chase, getting trained in artificial intelligence is now part of being hired. The banking giant is having all new hires undergo artificial intelligence (AI) training, Mary Erdoes,...

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AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
September 20, 2023  |  Acquisitions

FinTech company AppTech Payments has announced its intention to acquire FinZeo, a software development company focused on providing advanced payment and banking technology to businesses. The planned acquisition...

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Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
April 17, 2023  |  Digital Banking

Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions...

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Zeta Finds First External Funding For Enterprise Payments Tech
Zeta Finds First External Funding For Enterprise Payments Tech
July 24, 2019  |  B2B Payments

Enterprise payments and banking technology firm Zeta announced a Series C funding round this week propelling the firm’s valuation to $300 million. Announced in a...

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