Financial services
Appian, a leader in process orchestration with AI, has been recognized in three new reports from Chartis Research across risk management, financial crime and compliance, and client lifecycle management. These recognitions highlight Appian's role in helping financial institutions through AI and process orchestration. Appian was named in the
Financial institutions
Vallibel Finance, a prominent Non-Banking Financial Institution (NBFI) in Sri Lanka, has reached a major milestone in its 18-year journey by achieving Rs. 111.68 billion in assets, making it the fastest NBFI to surpass Rs. 100 billion in assets. This achievement underscores the company's remarkable growth trajectory,
Financial services
The Department of Financial Services, Ministry of Finance, convened a two-day workshop to implement the Reservation Policy for public sector banks, insurance companies, and financial institutions. The workshop aimed to improve accessibility of financial services to Divyangjans and enhance the ability of officials to serve the community better. Senior functionaries
Financial services
The New York Department of Financial Services (DFS) has taken decisive action against Block, Inc., the parent company of Cash App, for significant failures in its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. As a result, Block will pay a $40 million penalty and retain an independent monitor
Financial services
Ripple, a US-based digital asset infrastructure provider, has partnered with The Bank of New York Mellon Corp. (NYSE: BK) to custody its Ripple (RL) reserves. The joint effort aims to bridge the gap between traditional finance and the crypto ecosystem, enabling institutional-scale digital asset adoption. Ripple's RL is
Financial services
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has extended the deadline for Mexican banks CIBanco, Intercam, and Vector to comply with certain standards before facing sanctions. The original deadline was set to expire this month, but has now been pushed back to September
Financial institutions
Vallibel Finance PLC has recorded a remarkable financial performance in FY 2024/25, boasting double-digit growth across key indicators. The company has reached a historic milestone by achieving Rs. 111.68 billion in assets, setting a new benchmark in Sri Lanka's financial services sector. This achievement has propelled
Financial services
The partnership will enable banks, fintech companies, and financial institutions to leverage secure, scalable platforms for mobile financial services, digital wallets, and real-time payment systems. The collaboration aims to digitalize the financial sector in Bangladesh by providing cutting-edge payment technologies and infrastructure. TPS Worldwide's suite of digital banking
Financial services
Glia, the leader in unifying AI and human agents to automate and elevate customer interactions, has been recognized as one of the world's most innovative AI technology companies for financial services. Selected by a panel of industry experts and analysts, Glia's AI for All[TM] technology
Financial services
The Reserve Bank of India has sounded an alarm about the increasing threat of cyberattacks and financial frauds in the digital ecosystem, warning that the expanding scale of digital financial services and interconnected systems has exponentially increased the cyberattack surface. The RBI's bi-annual Financial Stability Report (FSR) has
Financial services
Fiserv, a leading global provider of payments and financial services technology solutions, has been recognized by TIME magazine as one of the most influential companies in the world. The company was selected for the TIME100 Most Influential Companies list for the first time in its 40-year history, marking a significant
Financial services
NCR Atleos, a leader in expanding self-service financial access, has announced that InComm Payments, a global payments technology provider, has adopted Atleos' ReadyCode API to enable InComm Payments' fintech and banking partners to offer ATM-based cardless cash pickup at over 23,000 ATMs nationwide. This partnership aims to
