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Core Banking, Fintech
Pacific Service Credit Union and Lumin Digital | January 20, 2023
On January 19, 2023, Lumin Digital announced that it established a multi-year agreement with Pacific Service Credit Union (Pacific Service CU) in California to promote an improved online banking experience for the latter's almost 70,000 members and assets worth over $1 billion. Lumin's cloud-based online and mobile digital banking platform, set to launch in October, will provide better safety, security features, and seamless digital integration. This would help Pacific S...
Financial Management, Fintech
Nexus FrontierTech | March 14, 2023
Nexus FrontierTech, a leading AI and IDP solutions provider, announced on March 13, 2023, that its Financial Services Extraction (FSX) services are now available through the Temenos Exchange ecosystem of integrated fintech solutions. Nexus FrontierTech's FSX solution provides more than 50 unique AI modules, enabling instant advanced processing of various document types like bank statements, financial statements, and identification documents, among others. Clients can get tai...
Fintech
United Fintech | November 23, 2021
As a first transaction in a multi-stage acquisition towards full ownership, United Fintech has acquired a 25% stake in London-based FairXchange (the “Company”) for an undisclosed amount in a transaction integrating the Company, its products and employees onto its digital platform. Trading firms use FairXchange’s state-of-the-art analytical tools to facilitate data-driven dialogue with their counterparties, bringing clarity and transparency to execution performance through the p...
Payments
Finastra | November 02, 2021
Finastra today announced the introduction of new anti-money laundering (AML) compliance capabilities integrated with its Fusion Global PAYplus core payments solution, via Fincom.co and the FusionFabric.cloud open developer platform. Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions in line with regulatory requirements, which only continue to increase in volume and diversity, lowering operational costs. Gideon Drori, CEO at Fincom...
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Financial Management
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