Regulatory technology

Hexure Named “Best Point of Sale Company” in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Technology, Insurance, Software, Finance, Electronic Commerce, Fintech, Automation, Digital banking, Regulatory technology, Sale, Firelight, Life, Foresight, Vive, Retirement, Sales

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, today announced that it has been selected as the winner of the “Best Point of Sale Company” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, today announced that it has been selected as the winner of the “Best Point of Sale Company” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • “Hexure technology amplifies the strengths of any sales team and converts challenges into success with a modern solution that removes bottlenecks and improves client experience.
  • We are thrilled to recognize Hexure’s breakthrough innovation in our 2024 FinTech Breakthrough Awards program.”
    The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.
  • Hexure is the provider of FireLight end-to-end sales platform, ForeSight illustrations, agency life quoter and the Vive term life quote-to-apply solution.

Synechron Acquires Dreamix, a Digital Product Development and Software Engineering Firm Headquartered in Sofia, Bulgaria

Retrieved on: 
Thursday, April 4, 2024
Transport, Partnership, Fintech, ESG, Regulatory technology, Health care, DNA, Aviation, Acquisition, Sales

NEW YORK, LONDON, PUNE, India and SOFIA, Bulgaria, April 4, 2024 /PRNewswire/ -- Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of Dreamix, a custom software development company founded in 2006. Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering and digital product/application development company. Dreamix caters to the customized needs of an array of globally renowned enterprise clients across key industries, including Aviation, Transportation, RegTech, FinTech, ESG and Healthcare. The acquisition of Dreamix was completed on March 26, 2024.

Key Points: 
  • Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering and digital product/application development company.
  • Dreamix caters to the customized needs of an array of globally renowned enterprise clients across key industries, including Aviation, Transportation, RegTech, FinTech, ESG and Healthcare.
  • Moreover, this tie up also facilitates Synechron's further development of outsourcing services with Dreamix as Bulgaria continues to be one of the leaders in the European region for digital product engineering.
  • Faisal Husain, Synechron Co-founder and CEO, commented, "We are thrilled to welcome Dreamix into the Synechron family.

Synechron Acquires Dreamix, a Digital Product Development and Software Engineering Firm Headquartered in Sofia, Bulgaria

Retrieved on: 
Thursday, April 4, 2024
Transport, Partnership, Fintech, ESG, Regulatory technology, Health care, DNA, Aviation, Acquisition, Sales

NEW YORK, LONDON, PUNE, India and SOFIA, Bulgaria, April 4, 2024 /PRNewswire/ -- Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of Dreamix, a custom software development company founded in 2006. Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering and digital product/application development company. Dreamix caters to the customized needs of an array of globally renowned enterprise clients across key industries, including Aviation, Transportation, RegTech, FinTech, ESG and Healthcare. The acquisition of Dreamix was completed on March 26, 2024.

Key Points: 
  • Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering and digital product/application development company.
  • Dreamix caters to the customized needs of an array of globally renowned enterprise clients across key industries, including Aviation, Transportation, RegTech, FinTech, ESG and Healthcare.
  • Moreover, this tie up also facilitates Synechron's further development of outsourcing services with Dreamix as Bulgaria continues to be one of the leaders in the European region for digital product engineering.
  • Faisal Husain, Synechron Co-founder and CEO, commented, "We are thrilled to welcome Dreamix into the Synechron family.

Alessa Inc. and RZOLUT Join Forces to Provide Innovative Data, Compliance and Financial Crime Prevention Solutions

Retrieved on: 
Tuesday, April 2, 2024
Organization, Watchlist, Risk management, AML, Partnership, Risk, Regulatory technology, AI, PEP, Cryptocurrency

This collaboration harnesses the strengths and resources of both organizations to deliver cutting-edge data and AML compliance solutions for greater insights for regulatory compliance.

Key Points: 
  • This collaboration harnesses the strengths and resources of both organizations to deliver cutting-edge data and AML compliance solutions for greater insights for regulatory compliance.
  • Integrating RZOLUT's data with Alessa's end-to-end AML/KYC compliance solution ensures customers can identify and resolve risk in real-time at a reduced cost.
  • Additionally, Alessa clients can now directly leverage RZOLUT Due Diligence, an advanced digital platform offering various report types, from Quick Screen to Enhanced Due Diligence.
  • Alessa and RZOLUT share a vision of a risk-free world, and we are excited to build this partnership with them."

Wahed, the world's leading Islamic robo-advisor, announces its new CEO, Mohsin Siddiqui

Retrieved on: 
Sunday, March 31, 2024
Fintech, Series, Regulatory technology, Management

NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.

Key Points: 
  • NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.
  • Prior to this, Mohsin was with UK–based RegTech ComplyAdvantage serving as its Chief Revenue Officer, tasked with leading its revenue growth objectives after its Series-C round of funding.
  • Mohsin started his career at OANDA, a New York–based online trading fintech, where he served as the Chief Customer Officer and Managing Director.
  • On his appointment, Mohsin said: 'The vision of Wahed is to create an inclusive and accessible global financial ecosystem.

Wahed, the world's leading Islamic robo-advisor, announces its new CEO, Mohsin Siddiqui

Retrieved on: 
Sunday, March 31, 2024
Fintech, Series, Regulatory technology, Management

NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.

Key Points: 
  • NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.
  • Prior to this, Mohsin was with UK–based RegTech ComplyAdvantage serving as its Chief Revenue Officer, tasked with leading its revenue growth objectives after its Series-C round of funding.
  • Mohsin started his career at OANDA, a New York–based online trading fintech, where he served as the Chief Customer Officer and Managing Director.
  • On his appointment, Mohsin said: 'The vision of Wahed is to create an inclusive and accessible global financial ecosystem.

Prosper Named 2024 "Best Peer-to-Peer Lending Platform" by Fintech Breakthrough Awards

Retrieved on: 
Tuesday, March 26, 2024
Consumer, SAN, Regulatory technology, Prosper Marketplace, Fintech, Bank

SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Prosper Marketplace , the first peer-to-peer lending platform in the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category.

Key Points: 
  • SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Prosper Marketplace , the first peer-to-peer lending platform in the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category.
  • The Fintech Breakthrough Awards program recognizes the top companies, technologies and products in the global financial services industry.
  • "We are honored to receive the Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform," said David Kimball, CEO of Prosper.
  • With a commitment to transparency, security, and responsible lending practices, Prosper has established itself as a trusted leader in the peer-to-peer lending space.

Socure Wins "Best Identity Verification Solution" Designation in 2024 FinTech Breakthrough Awards for the Third Consecutive Year

Retrieved on: 
Tuesday, March 19, 2024
Intelligence, Fintech, Internet, Regulatory technology, Natural language processing, Database, Digital banking, Cryptocurrency

INCLINE VILLAGE, Nev., March 19, 2024 /PRNewswire/ -- Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today announced that it has been selected as winner of the "Best Identity Verification Solution" award for the third consecutive year in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • Socure's solution brings unparalleled accuracy and coverage offering 20-40% higher verification rates than competitors for hard-to-verify populations.
  • As a result, Socure customers recoup millions of dollars in revenue previously lost to inadequate population coverage or spent on legacy manual review processes.
  • Their models outperform standard techniques such as credit bureau data, and perform precise matching, even in the presence of variations or misspellings," said Steve Johansson, Managing Director, FinTech Breakthrough.
  • "Congratulations to Socure for winning the 'Best Identity Verification Solution' award.

KDAN Secures Multi-Million in Series B+ Funding, Launches AI Subscription Service

Retrieved on: 
Monday, March 18, 2024
KDAN, Privacy, Chatbot, Workflow, Regulatory technology, Software as a service, AI, API, Medical device

IRVINE, Calif., March 18, 2024 /PRNewswire/ -- KDAN, a leading SaaS provider of digital workflow and data solutions, has launched its KDAN AI service.

Key Points: 
  • IRVINE, Calif., March 18, 2024 /PRNewswire/ -- KDAN, a leading SaaS provider of digital workflow and data solutions, has launched its KDAN AI service.
  • This investment has empowered KDAN to enhance its AI development capabilities, aiming to optimize enterprise workflow and deliver data-driven solutions that generate value for businesses.
  • KDAN AI is different from the majority of AI solutions that serve a single purpose.
  • KDAN AI will introduce an AI Chatbot further down the line that generates document templates automatically based on user inputs and compares edits between versions.

InComm Payments Named "Best Overall FinTech Company" in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Program management, Health, Fintech, Growth, Digital banking, Regulatory technology, Health care, OTC

ATLANTA, March 14, 2024 /PRNewswire/ -- InComm Payments, a leading payments technology company, today announced that it has been selected as winner of the "Best Overall FinTech Company" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • ATLANTA, March 14, 2024 /PRNewswire/ -- InComm Payments , a leading payments technology company, today announced that it has been selected as winner of the "Best Overall FinTech Company" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • The Healthcare market is an area of intense focus for InComm Payments and its InComm Healthcare business unit.
  • "Whether eCommerce, Program Management, Digital Promotions, Fraud & Compliance, or Healthcare, InComm Payments delivers innovative payment solutions.
  • The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.