A recent Deloitte report reveals a seismic shift in corporate lending, with private credit increasingly overshadowing traditional bank lending. This insight into the evolving financial landscape underscores how nonbank lending has been progressively surging since 2002, creating a widening gap over
The financial technology landscape is evolving at an unprecedented pace, and peer-to-peer (P2P) transactions have become a critical focus area for innovation. A major development in this space is the collaboration between FIS, a global leader in financial technology, and Neural Payments, a pioneer
Bribery and corruption remain pervasive threats in global business operations, endangering the integrity of industries worldwide. In a world where the cost of bribery is estimated at a staggering $3.6 trillion annually, the consequences of corruption extend far beyond immediate financial loss,
In an era of rapid digital transformation, Texans Credit Union has taken a significant step to enhance its banking services by integrating Atomic Financial’s direct deposit switching solution through a strategic collaboration with Alkami Technology. This initiative underscores the evolving
The financial technology (fintech) sector is experiencing rapid growth and transformation, bringing innovative solutions to traditional financial services. However, this dynamic environment introduces several risks that fintech companies must navigate to sustain their operations and thrive. As the
In an era where the proliferation of digital technology continues to ramp up considerably, ensuring risk is sufficiently managed in this new sphere is vital. Financial institutions worldwide are grappling with new and sophisticated methods of financial crime, and traditional methods of risk
