HCLTech and Thought Machine Partner to Accelerate AI and Cloud-Led Transformation of Banks

HYPE, the 100% Italian neobank that has been reshaping banking since 2015 to promote an increasingly mature, informed and peaceful relationship with money, and Cleafy, a company specialised in the design and development of software solutions for the identification and prevention of financial fraud, have signed a partnership agreement to improve the efficiency of financial fraud management with a view to further enhancing security standards in the field of digital banking.

AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the launch of Financial Data, its newest innovation that provides financial and corporate professionals with a unified view of both quantitative analysis and qualitative research insights.

The Financial Health Network today released its first in an ongoing series of Industry Assessment Reports, this evaluation applying the FinHealth Standards for Spending Management Products to 20 widely used checking account products. The inaugural assessment, spanning large banks, mid-sized banks, credit unions, and digital-only providers, found systemic shortfalls in how checking accounts support financial health but also some encouraging innovations.

Black Dragon Capital℠ ("Black Dragon") – a global multi-phased investment firm focused on disruptive technologies in high growth industry segments – has acquired the entirety of GenAspire, the teen banking solution formerly known as Copper Banking.

Baghdadi Capital Group has selected the nCino Platform to standardize and automate its global operations,

Visa, a leader in global payments, has announced that its groundbreaking Scam Disruption Practice has identified over $1 billion in fraud attempts since its inception just a year ago – and over $260 million in Europe alone. Working with clients and law enforcement teams around the world, the unit has dismantled more than 25,000 scam merchants.