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To predict risk, the company applies artificial intelligence(AI) on non-financial data including the behavior of potential borrowers. AdviceRobo’s technology enables lenders, such as banks and retailers, to limit
Klarna said that the acquisition of CBRF will enable the payments firm to expand its retail financing services for customers in the UK market. Klarna chief commercial officer
Community Impact Pools are typically smaller pools of loans that are geographically-focused, and marketed to encourage participation by non-profit organizations, minority- and women-owned businesses (MWOBs), and smaller investors.
Nordea Bank and DNB Bank, which currently own Luminor Bank, agreed to divest the majority stake to Blackstone consortium. As a result of the deal, Nordea and DNB
As part of the long-planned restructuring, the firm proposes to merge two legal banking entities into one allowing for seamless client support for these specific businesses across the
Mashreq Bank is claimed to be the first private bank in the UAE to implement Blue Prism’s Digital Workforce automation platform, which incorporates emerging technologies such as robotic
The new platform is said to aggregate TNS’ expertise in market connectivity and hosting solutions and Exegy’s Trade Port FX that provides normalized FX market data and execution
This update builds significantly on the version of the Standards that launched in March 2018, effectively giving account providers who implement them in full, a solution that complies
Intralinks is a cloud-based financial technology provider for the global banking, deal making and capital markets. The transaction is comprised of $1bn in cash and $500m in SS&C
A binding agreement is scheduled to be signed by October 31, 2018. The BanXit platform helps financial institutions meet the growing demand by consumers in the new financial