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Eastnets Launches Managed SWIFT Service on AWS Cloud

Fintech Finance

Eastnets , a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. The Managed SWIFT Service is ideal for banks, credit unions, fintechs, and compliance leaders seeking reliable, cost-effective, and scalable solutions for SWIFT connectivity.

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Banking on Intelligence: The Global Sprint to AI Maturity in Finance

Finextra

Regional banks and credit unions also started leveraging AI-as-a-service from cloud providers (e.g., banks face challenges in AI adoption, such as regulatory compliance and risk management. Morgan Stanley rolled out a GPT-4 powered assistant for its financial advisors (to query internal research databases).

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

Traditional areas like fraud prevention (65%), credit underwriting (62%) and regulatory compliance (58%) are still heavily prioritized, reflecting that these were some of the first uses of AI in banking and continue to be critical for reducing losses. Upstart’s AI models evaluate credit risk more holistically than FICO scores.

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Tech-Driven BNPL: How Sophisticated Technologies Are Reshaping the BNPL Market

Finextra

Blockchain, a new world of transparency and financing models The use of blockchain technology is still in its early stages, but it holds significant potential to transform various aspects of BNPL operations, from improved transparency and trust to regulatory compliance.

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From Open Banking to Open Finance to DeFi: The Open Evolution of Finance

Finextra

using blockchain for settlement), while DeFi platforms are discovering that some integration with TradFi (like fiat ramps or regulatory compliance features) can open the floodgates for more users. Banks and big fintechs are adopting some DeFi technologies under the hood to improve efficiency (e.g.,

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Shaping the Future of Open Banking – IPA Supports Open Banking Expo

Innovative Payments Association

Scheduled for June 26 in New York City, the event will serve as a critical platform for banks, credit unions, fintechs, and technology providers to explore the real-world applications of Open Banking and its impact on financial inclusion, regulatory compliance, and data security.

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Why Every Development Team Needs a Code Review Strategy

Fintech Weekly

We’ve worked with fintech, healthcare, and logistics firms where regulatory compliance and performance were mission-critical. Businesses, including credit unions, banks, payday and mortgage lenders mainly use it. In each case, the combination of domain knowledge and deep technical expertise was the key to success.