The integration of advanced financial technologies, commonly known as fintech, is revolutionizing the financial industry at an unprecedented pace. As fintech solutions evolve to offer enhanced convenience, speed, and accessibility to consumers and businesses, they simultaneously become a prime
Mortgage Capital Trading, Inc. (MCT) recently announced the rollout of a new customizable duration analysis feature specifically for specified loan products on its MCTlive! platform. This development signifies a significant leap in mortgage capital markets technology. Recognized as a leader in
The growing landscape of cybersecurity threats in the software industry has made robust and proactive security solutions indispensable. A recent key player in this space, Socket, has received a significant boost with $40 million in Series B funding. This article delves into how this injection of
Bank of America's significant advancements in artificial intelligence (AI) and machine learning (ML) within the financial services sector spotlight its technological leadership, evidenced by a 94% increase in its AI and ML patent portfolio since 2022. With 1,100 patents and applications, over
NBS Bank, a major financial institution in Malawi, recently made headlines by announcing its transition from the Temenos T24 core banking system to Oracle's Flexcube. This decision marks a significant technological shift for the bank, aligning with broader global trends in the banking
Nasdaq has unveiled a groundbreaking machine learning methodology specifically designed to revolutionize risk calculations and predictive analytics within the financial services industry. Integrated into the Calypso platform, this innovative technology promises to enhance the processing of complex
