February 3, 2025 - Financial Technology Insights

February 3, 2025
FinTech Media Room
Banking, Finance, Fintech News

Bank of America Names Maria Martinez to Board of Directors

The Bank of America Corporation Board of Directors appointed Maria Martinez as a director, effective immediately. Maria Martinez, 67, was a senior executive at Cisco Systems, a global leader in...

February 3, 2025
FinTech Media Room
AI in FinTech, Finance, Financial Services, Fintech News

Arteria AI Launches Research Arm to Advance AI in Financial Docs

Award-winning enterprise digital documentation infrastructure leader Arteria AI is thrilled to announce the creation of Arteria Café, a dedicated research arm focused on advancing generative and agentic artificial intelligence technologies in...

February 3, 2025
FinTech Media Room
AI (artificial intelligence), AI in FinTech, Banking, Finance, Fintech News

Lloyds Banking Appoints Head of Responsible AI to Strengthen Capabilities

Lloyds Banking Group has appointed Magdalena Lis as Head of Responsible Artificial Intelligence (AI), starting on Monday 3 February 2025. This follows the earlier appointment of Dr Rohit Dhawan...

February 3, 2025
FinTech Media Room
AI (artificial intelligence), AI in FinTech, Finance, Fintech News

Corlytics Joins FCA’s AI Spotlight Initiative to Drive Innovation

Corlytics is thrilled to be part of the FCA’s AI Spotlight initiative, which brings together leading AI professionals in financial services to showcase cutting-edge solutions, tackle key challenges and...

February 3, 2025
FinTech Media Room
Biometric, Cybersecurity, Finance, Fintech News, Technology

Fingerprints and JNet Revolutionize Digital Security With Biometric All-In-One SiP Module

Fingerprint Cards AB has announced a collaboration with security software provider jNet Secure. The cutting-edge solution being developed will address security vulnerabilities, such as compromised passwords or ID theft....

February 3, 2025
FinTech Media Room
Cybersecurity, Finance, Fintech News, Fraud prevention, Technology

AuthenticID Report Highlights Surge in Identity Based Fraud

Nearly half of businesses reported a growth in synthetic identity fraud, while biometric spoofs and counterfeit ID fraud attempts also increased, according to the 2024 State of Identity Fraud...

February 3, 2025
FinTech Media Room
Finance, FinTech, Fintech News

Upbound Group Closes Acquisition of Brigit

Transaction accelerates Upbound’s growth strategies by adding Brigit’s all-digital, scalable platform and suite of financial wellness tools, expanding Upbound’s technology-driven offerings of innovative and flexible financial solutions for more...

February 3, 2025
Fintech Staff Writer
AI (artificial intelligence), AML, Automation, Featured

Automating Know-Your-Customer (KYC) and Anti-Money Laundering (AML) Processes

Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations primarily aim to restrict or alleviate the effects of financial crime, such as money laundering, terrorism funding, and corruption. KYC—What...

February 3, 2025
FinTech Media Room
Banking, Finance, Fintech News

Carolyn Weinberg Joins BNY as Chief Solutions Innovation Officer

The Bank of New York Mellon Corporation, a global financial services company, announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer. Financial Technology News: Alkami’s Top 5...

February 3, 2025
Fintech Staff Writer
Banking, Featured, Financial Services, FinTech

Fraud and Financial Crime: The Role of Collaboration Between Banks and Fintechs

The Rising Threat of Financial Crime Did you know about HDFC Bank and Razorpay or ICICI Bank and Paytm? Yes, it’s the magical power of bank fintech collaboration. Traditional...

February 3, 2025
FinTech Media Room
Cryptocurrency, Finance, Fintech News

BlockFills Teams With CoinDesk Indices for Options Market Liquidity

BlockFills, a leading digital assets technology and trading firm for institutions and professional traders, announced a collaboration with CoinDesk Indices to introduce the BlockFills CoinDesk 20 Options Market and bring professional...

February 3, 2025
FinTech Media Room
AI (artificial intelligence), AI in FinTech, Finance, Fintech News

Fiscalix Launches SARAH AI Audit Manager to Revolutionize Auditing

Fiscalix is backed by Aistra Inc., an AI adoption company which builds products & solutions that ‘Makes AI Work’ for a variety of businesses. Fiscalix, a subsidiary of Aistra and...