financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

CFPB Wants to Set the Rules for How Banks Use AI

CFPB Wants to Set the Rules for How Banks Use AI
CFPB Wants to Set the Rules for How Banks Use AI
August 13, 2024  |  Artificial Intelligence

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to...

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Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
August 07, 2024  |  Bank Regulation

The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on...

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FIS Sees Record Sign-Ups for Core Banking Products
FIS Sees Record Sign-Ups for Core Banking Products
August 07, 2024  |  Earnings

FIS says it is on pace to have a record year for sign-ups to its core banking offering. Get the Full Story Complete the form to...

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MoneyLion Continues to Play Winning Hand With Middle-Income Americans
MoneyLion Continues to Play Winning Hand With Middle-Income Americans
August 07, 2024  |  Banking

The MoneyLion business model pivot continues. A year after posting substantial losses as a neobank, the financial services portal rode its new business model to...

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Zafin and 10x Partner to Facilitate Core Banking System Modernization
Zafin and 10x Partner to Facilitate Core Banking System Modernization
August 06, 2024  |  Banking

Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. Get the Full Story Complete the form...

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Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
August 05, 2024  |  Investments

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024  |  Earnings

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. Get the Full Story Complete the form to unlock this...

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Aveni Raises $14 Million to Bring AI to Financial Services
Aveni Raises $14 Million to Bring AI to Financial Services
July 29, 2024  |  Investments

Scottish FinTech Aveni has raised $14 million to bring AI to the financial services field. Get the Full Story Complete the form to unlock this...

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