Could 2024 turn out to be the Year of the Regtech?
As more and more processes in financial services become AI-enabled, the impact of AI on regulatory technology and compliance solutions has been profound. From automating manual processes to more comprehensively engaging data, AI is helping regtech firms better serve their customers at a time when their customers – in banking, in fintech, in financial services in general–need it most.
We caught up with one such regtech, Tennis...
- Open banking solutions provider Neonomics is streamlining and enhancing the deposit experience for customers of Oblinor.
- Oblinor offers a digital real estate investment platform that enables users to build a portfolio of secured property loans.
- Based in Oslo, Norway, Neonomics made its Finovate debut at FinovateEurope 2020 in Berlin, Germany.
Digital real estate investment platform Oblinor has turned to open banking solutions provider Neonomics to streamline and enhance the...
- CSI announced plans to acquire deposit growth firm Velocity Solutions.
- CSI will integrate Velocity's solutions that drive revenue, service, and compliance for community banks and credit unions into its existing offerings.
- Financial terms of the deal were undisclosed.
Community bank technology provider CSI announced plans to acquire deposit growth firm Velocity Solutions. Financial terms of the deal were undisclosed.
Velocity Solutions was founded in 1995 to offer tools...
You've likely been following the fallout from Synapse's bankruptcy earlier this year. BaaS provider Synapse filed for Chapter 11 bankruptcy in April, leaving its clients, including Evolve Bank & Trust and multiple others, unable to verify and manage funds. In all, around $85 million in consumer funds are missing due to discrepancies in Synapse's records.
Adding to the confusion, the dispute is ongoing in court, and because Synapse is a fintech and is thus unregulated, regulatory bodies...
- Identity verification specialist ID-Pal announced a global strategic partnership with CLOWD9.
- The partnership will integrate ID-Pal's AI-powered identity verification technology into CLOWD9's payment solutions portfolio.
- ID-Pal made its Finovate debut at FinovateFall 2024 in New York.
Fresh off its Finovate debut at FinovateFall this month, identity verification specialist ID-Pal has announced a global strategic partnership with CLOWD9. Courtesy of the partnership, CLOWD9...
