Banking

According to Joe Sergienko, Berkley Research Group's managing director, banks need to ensure they can appropriately explain and supervise the models they deploy, especially if they are cooperating with a supplier, as authorities focus on how lenders are using AI...

KBC Bank and Raiffeisen Bank International (‘RBI’) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of Raiffeisenbank (Bulgaria) EAD, which is responsible for the banking operations of RBI in Bulgaria. The transaction...

Jack Henry & Associates, Inc. announced that LINKBANCORP, Inc., the holding company of The Gratz Bank and LINKBANK, selected Jack Henry to bring modernize banking services to its local community. Founded in 2018, LINKBANCORP had a vision for entrepreneurial growth,...

I2C Inc., a leading provider of digital payment and banking technology, today announced its partnership with Colorado-based financial technology company Marygold & Co., to power the platform’s Tap to Pay Debit Mastercard and new customer-centric savings program. Leveraging i2c’s plug-and-play...

Profile Software, a leading financial solutions provider, announced today the release of its new banking platform Finuevo Core which is the evolution of FMS.next, the internationally implemented core banking platform. Finuevo Core incorporates a new logic in Banking and...

In a bid to prevent more Australians falling victim to scams, Commonwealth Bank has introduced new artificial intelligence (AI) technology to detect suspicious and unusual behaviour on its digital banking platforms, keeping more customers safe by alerting them to...

Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced on 4th July 2022 that it has completed the acquisition of HOMEQ Corporation (“HomeQ”), the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc. (“Birch Hill”) and the...