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SBA WORX Selects LenderAI as a Technology Platform for Its LSP Business
Prnewswire· 2025-09-29 13:49
Core Insights - iBusiness announced that SBA WORX has selected LenderAI as its loan origination and processing technology platform, enhancing transparency and efficiency in the lending service provider ecosystem [1][2][4] Company Overview - iBusiness Funding specializes in providing lending solutions for banks and lenders, focusing on SBA lending programs and processing over $7 billion in SBA loans [6] - SBA WORX is a specialized Lender Service Provider that supports financial institutions with the full lifecycle of SBA 7(a) lending [8] Technology Adoption - The adoption of LenderAI allows LSPs to deliver faster, more accurate, and scalable lending services, automating critical components of the loan origination process [2][4] - LenderAI has processed over $7 billion in SBA loans and more than $4 billion in conventional SMB loans, showcasing its effectiveness in the market [3] Client Benefits - Clients of SBA WORX, such as Arlo Bank, report improved customer experience and data accuracy due to the innovative technology provided by LenderAI [3] - The platform's features include integrations with third-party credit and identity data sources, end-to-end process transparency, and advanced automation tools [3][4] Market Position - LenderAI is recognized as a leading technology solution for SBA lending and has expanded its capabilities to support personal credit products, indicating its versatility in the SMB financing ecosystem [3]
BTQ Technologies Launches QSSN Proof-of-Concept with Danal, Korea's Mobile Payments Leader
Prnewswire· 2025-09-29 11:30
Core Viewpoint - The article discusses the launch of the world's first large-scale trial of a Quantum-Secure Stablecoin Settlement Network (QSSN) by BTQ Technologies in collaboration with Danal, aimed at enhancing payment security and compliance in the digital economy [1][4]. Group 1: QSSN Overview - QSSN integrates post-quantum security, programmable issuer controls, and real-time compliance features while maintaining user experience for consumers and merchants [2][5]. - The Proof-of-Concept (PoC) will assess how QSSN can enhance Danal's existing payment infrastructure with quantum-secure settlement capabilities [5][10]. Group 2: Regulatory Context - The PoC addresses the "harvest-now, decrypt-later" risk and aligns with global standardization efforts in post-quantum cryptography, demonstrating the feasibility of deploying PQC at a national scale without operational disruption [3][7]. - QSSN is positioned as a leader in global standardization for quantum-secure digital money, supported by initiatives from QUINSA and recognition from the U.S. PQFIF [7][8]. Group 3: Danal's Market Position - Danal is the leading mobile carrier billing provider in Korea, serving tens of millions of users through telecom partnerships and online merchants [9][10]. - The company operates Paycoin (PCI), one of Korea's first widely adopted crypto-based payment services, and has a diversified presence across e-commerce, gaming, digital content, and offline retail [9][10]. Group 4: BTQ Technologies Profile - BTQ Technologies is a global quantum technology company focused on securing mission-critical networks and is publicly listed on Nasdaq [4][11]. - The company aims to facilitate the transition from classical networks to the quantum internet, backed by a comprehensive patent portfolio and a full-stack quantum computing platform [11].
Metavesco to Launch OTCfi Nexus: The Credit Layer of the OTC
Prnewswire· 2025-09-29 11:03
Accessibility StatementSkip Navigation CUMMING, Ga., Sept. 29, 2025 /PRNewswire/ --Â Metavesco, Inc. (OTC: MVCO), a pioneering diversified holding company and the developer of OTCfi, today announced plans to launch OTCfi Nexus, a groundbreaking initiative to establish a credit infrastructure for OTC companies. Continue Reading OTCfi Nexus is being developed as the go-to funding source of the OTC. OTCfi Nexus is being developed as the go-to funding hub of the OTC, providing a transparent platform for loans a ...
Yiren Digital Gains Increasing Momentum with Internet Insurance Business, Driving Strategic Second Growth Curve
Prnewswire· 2025-09-29 09:00
Accessibility StatementSkip Navigation Accelerating AI Innovation toFind New Growth Driver BEIJING, Sept. 29, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial services in Asia, announced increasing growth momentum in its internet insurance business. The Company has continued to strategically evolve and expand this business by leveraging innovative artificial intelligence (AI) technology to precisely ...
Murex Announces Strategic, Multi-Year, Global AWS Collaboration Agreement to Accelerate Ambitious Managed Services Program
Businesswire· 2025-09-29 07:45
PARIS--(BUSINESS WIRE)--Murex, a global leader in enterprise-wide, cross-asset financial technology solutions used by sell-side and buy-side capital markets players, and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced a multi-year strategic collaboration agreement, expanding the long partnership between both organizations. The agreement is the result of many months of intensive technical collaboration between both organizations, and it allows Murex t. ...
Anthony Scaramucci Says SEC Should Cut Some Red Tape So Everyday Joes Can Get A Piece Of SpaceX And OpenAI: 'Hard For The Public To Get Access'
Yahoo Finance· 2025-09-26 21:31
Anthony Scaramucci, the SkyBridge founder known as "The Mooch," once argued that heavy-handed Securities and Exchange Commission rules are shutting ordinary Americans out of the country's most exciting companies. Scaramucci Criticizes SEC Regulations In a July 2025 YouTube Shorts clip, Scaramucci said the U.S. is seeing fewer "great companies going into the hands of the public." He pointed to privately held firms such as Elon Musk's xAI and SpaceX, which remain out of reach for everyday investors because ...
PayPal: Keep Your Eye On The Prize
Seeking Alpha· 2025-09-26 14:21
PayPal (NASDAQ: PYPL ) continues to present a strong investment opportunity for value investors. You are buying dollars for pennies when the stock trades at historical lows yet has shown consistent growth in bothMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my mone ...
Fiserv acquires tech consulting firm
Yahoo Finance· 2025-09-26 10:14
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Payment processing giant Fiserv said Thursday it has acquired a financial technology consulting firm, Smith Consulting Group, in a deal to help it offer community banks and credit unions “deep subject matter expertise” on the technology platforms they use to run their operations. About 70 people are joining Fiserv in the sale and will integrate withi ...
Paytm shines as the only Indian name in Morgan Stanley’s global AI adoption leaders list
The Economic Times· 2025-09-26 10:10
Core Insights - Paytm has embedded AI across all its products, enhancing product development, risk management, and customer experience, positioning it well for long-term monetization [1][8] - The company is recognized as a financial services innovator, transitioning from traditional sectors to AI adopters who embed AI at scale [3][6] - Paytm has shown significant performance, with a 136% return over the past 12 months, outperforming the MSCI Asia Pacific Index [2][8] AI Adoption and Market Position - Paytm is categorized as having moderate AI exposure with high pricing power, a combination that is crucial for monetization [1][6] - The Morgan Stanley AI Adoption Leaders report highlights that AI adopters with strong pricing power have consistently outperformed their peers [1][8] - Paytm is the only Indian company listed among global innovators in the AI Adoption Leaders report, underscoring its pioneering role in India's technology landscape [6][7] Innovations and Consumer Offerings - The company continues to launch AI-driven innovations, such as reminders for recurring bills, monthly spend summaries, and personalized UPI IDs, simplifying money management for users [5][8] - Paytm's machine-first AI systems support these innovations, enhancing the overall customer experience [1][5] Global Recognition - Paytm's inclusion in the Morgan Stanley report positions it alongside notable global companies, reinforcing its status as a home-grown innovator in financial technology [7][9] - The report signals that Paytm is a significant player in the next phase of AI-driven transformation [8][9]
Tipalti Reports $200M in Funding to Enable AI-Driven Finance Automation and Global Expansion
Crowdfund Insider· 2025-09-25 21:17
Core Insights - Tipalti has secured $200 million in growth financing from Hercules Capital to enhance its AI capabilities and support international expansion [1][3][7] - The funding will primarily focus on advancing AI technologies that streamline financial operations and reduce manual errors [2][3] - Tipalti aims to develop new features and integrations to meet the needs of a diverse customer base, enhancing product innovation [4][5] Company Overview - Tipalti is recognized for automating complex financial processes, including accounts payable and global payments, leveraging AI for efficiency [2][3] - The company serves a wide range of clients from mid-market companies to large enterprises across various industries such as technology and e-commerce [5] Industry Trends - There is a growing demand for intelligent automation tools as businesses seek to scale efficiently in a competitive global market [3][4] - Companies are increasingly turning to automation to manage complexities in global commerce, including multi-currency payments and tax compliance [4][6] Strategic Goals - The funding will support Tipalti's efforts to scale its infrastructure and enhance support teams to cater to a rapidly expanding global clientele [7] - Tipalti's ability to facilitate seamless cross-border payments and compliance with local regulations is a critical differentiator in the market [6]