The recent crisis involving Bilt, a fintech that specializes in rent-payment rewards, is almost a perfect storm of the challenges faced by fintechs, banks, regulators, and their customers when it comes to third-party partnerships and their discontents.
This week, the Consumer Financial Protection Bureau (CFPB) reported that it had met with Bilt to discuss the issues surrounding the flawed transition process when its partnership with Wells Fargo ended in February of this year. The two...
- Digital banking provider Bankjoy announced that its personal finance platform JoyCompass is now deployed with 30 community financial institutions.
- Embedded directly into users' digital banking experience, JoyCompass is designed to help boost financial wellness while giving community financial institutions valuable data to help them deepen client engagement.
- Bankjoy made its Finovate debut at FinovateFall 2016 and most recently demoed its technology at FinovateFall 2023. Michael...
Financial crime innovator AMLYZE announced this week that fellow Lithuanian company WALLETTO has selected it to strengthen its anti-money laundering (AML) and counter-financial terrorism (CFT) capabilities.
AMLYZE was founded in 2019 to help fight financial crime with a range of SaaS-based products that cover real-time and retrospective transaction monitoring, customer risk assessment, AML/CFT investigations, sanctions, PEP, and adverse media screening.
WALLETTO will integrate...
- Concentrix Corporation and Napier AI are teaming up to help companies enhance their anti-money laundering and counter-terrorism financing operations.
- Integrating Napier AI's compliance platform into Concentrix's network of financial crime capabilities will enable businesses to boost their fraud prevention efforts with banking-grade, AI-powered solutions.
- Napier AI made its Finovate debut at FinovateEurope 2018. The London-based financial crime prevention specialist was founded in...
The conversation continues on the Finovate Podcast with Finovate VP and Director of Fintech Strategy, Informa Festivals, Greg Palmer!
Ahead of the release of the Finovate Podcast Best of Show interview series from FinovateSpring, catch up with episodes from earlier in the year that you might have missed.
From AI in banking and consumer finance to digital payments and the challenges facing small businesses, Greg Palmer and the Finovate Podcast cover the top issues in fintech...
