Category INDUSTRY UPDATES

DBS Launches Tap-to-Pay Solution, Allowing Merchants to Accept Card Payments on Smartphones

DBS Becomes First Singapore Bank to Enable Smartphone-Based Card Payment Acceptance for Merchants Singapore’s journey toward becoming a fully digital and cash-lite economy has taken another significant step forward with the introduction of a new payment innovation from DBS. The…

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Northeast Community FCU Enhances Member Experience and Financial Inclusion with Prelim

Northeast Community Federal Credit Union Partners with Prelim to Accelerate Digital Transformation and Expand Financial Inclusion Across California Northeast Community Federal Credit Union (NECFCU), a long-standing community-focused financial institution dedicated to serving underserved populations, has entered into a strategic partnership…

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Eastern Bank Finances Employee Ownership Transition for Surety Bond Professionals

Eastern Bank Supports Employee Ownership Transition at Surety Bond Professionals Through Tailored Financing Solution Employee ownership continues to gain momentum across the United States as businesses seek succession strategies that preserve company culture, reward employees, and position organizations for long-term…

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Hawkeye Systems Receives $5 Million Equity Boost Amid Significant Ownership Increase

Hawkeye Systems Strengthens Financial Foundation With $5 Million Equity Addition and Expands Digital Asset Strategy Hawkeye Systems, a technology-focused holding company traded on the OTC market under the ticker HWKE, has announced a significant capital restructuring initiative designed to strengthen…

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Customers Bank Adopts AI Conversational Agents to Transform Banking Interactions

Customers Bank Partners with ElevenLabs to Introduce AI-Powered Conversational Agents Across Banking Operations As artificial intelligence continues to transform the financial services industry, banks are increasingly exploring ways to combine advanced technology with personalized customer service. In one of the…

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Cotality Joins Industry Effort to Shape the Future of Agentic AI in Financial Services

Cotality Joins Snowflake’s Open Semantic Interchange Initiative to Advance Agentic AI Standards in Financial Services As artificial intelligence continues to reshape the financial services industry, one of the greatest challenges facing organizations is not simply accessing data but ensuring that…

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Wolters Kluwer and Spain’s Economist Community Deepen Collaboration to Foster Technology-Led Growth

Wolters Kluwer and Spain’s General Council of Economists Renew Strategic Partnership to Accelerate Digital Transformation and Professional Development The ongoing digital transformation of professional services continues to reshape the way economists, tax advisors, accountants, and labor consultants operate across Europe.…

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MFS Provides Update on Fund Reorganizations and Final Shareholder Distributions

MFS Announces Final Closed-End Fund Distributions as Reorganization Into MFS Multimarket Income Trust Nears Completion MFS Investment Management (MFS), one of the investment management industry’s longest-standing firms, has announced the final monthly distributions for three of its closed-end funds as…

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Saris Boosts Growth Plans with $28.8 Million Raise for AI-Powered Financial Workflows

Saris Secures $28.8 Million Series A Funding to Expand AI-Powered Workflow Automation for Banks and Credit Unions As financial institutions navigate increasing operational complexity, growing customer expectations, and ongoing pressure to improve efficiency, many banks and credit unions are turning…

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