Finastra

Finastra's Filogix unveils automated lender note capabilities, powered by Gen AI

Retrieved on: 
Wednesday, February 21, 2024

LONDON, Feb. 21, 2024 /PRNewswire/ -- Finastra's Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimizing errors for brokers.

Key Points: 
  • LONDON, Feb. 21, 2024 /PRNewswire/ -- Finastra's Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution.
  • The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimizing errors for brokers.
  • In our recent annual survey , 83% of financial services professionals said that their institution is interested in Gen AI.
  • We look forward to continuing to bring our customers opportunities to tap into the innovative and transformative technology that is Gen AI."

Sycurio Appoints Denise Parker as Chief Executive Officer

Retrieved on: 
Tuesday, January 23, 2024

Sycurio™ , the leading provider of seamless and secure multi-channel payment experiences for contact centers, today announced the appointment of Denise Parker as its new CEO, replacing outgoing CEO Nick Viney.

Key Points: 
  • Sycurio™ , the leading provider of seamless and secure multi-channel payment experiences for contact centers, today announced the appointment of Denise Parker as its new CEO, replacing outgoing CEO Nick Viney.
  • “We are incredibly fortunate to have someone of Denise Parker’s caliber and experience to lead Sycurio,” said Carlos Sartorius, Sycurio Chairman.
  • “She brings a wealth of international, private equity, industry, and product experience, and is well-equipped to steer Sycurio through its next phase of growth.
  • I am inspired by the company's commitment to customer excellence, innovation, and its strong foundation,” said Denise Parker.

Newgen Software and Finastra Forge Strategic Partnership to Transform Lending Processes

Retrieved on: 
Thursday, January 25, 2024

NOIDA, India, Jan. 25, 2024 /PRNewswire/ -- Newgen Software, a global provider of low code platform, announced that it has partnered with Finastra, a global provider of financial software applications, to enhance its loan origination solutions further and integrate lending solutions with Finastra's LaserPro.

Key Points: 
  • NOIDA, India, Jan. 25, 2024 /PRNewswire/ -- Newgen Software, a global provider of low code platform, announced that it has partnered with Finastra, a global provider of financial software applications, to enhance its loan origination solutions further and integrate lending solutions with Finastra's LaserPro.
  • Moreover, it minimizes manual effort by eliminating the need for data mapping while ensuring data validation before transfer.
  • "Newgen's Lending Solution, built on a low code platform, transforms the loan origination journey for financial institutions.
  • With robust integration into core banking and document preparation systems, this collaboration with Finastra marks a pivotal partnership.

Newgen Software and Finastra Forge Strategic Partnership to Transform Lending Processes

Retrieved on: 
Thursday, January 25, 2024

NOIDA, India, Jan. 25, 2024 /PRNewswire/ -- Newgen Software, a global provider of low code platform, announced that it has partnered with Finastra, a global provider of financial software applications, to enhance its loan origination solutions further and integrate lending solutions with Finastra's LaserPro.

Key Points: 
  • NOIDA, India, Jan. 25, 2024 /PRNewswire/ -- Newgen Software, a global provider of low code platform, announced that it has partnered with Finastra, a global provider of financial software applications, to enhance its loan origination solutions further and integrate lending solutions with Finastra's LaserPro.
  • Moreover, it minimizes manual effort by eliminating the need for data mapping while ensuring data validation before transfer.
  • "Newgen's Lending Solution, built on a low code platform, transforms the loan origination journey for financial institutions.
  • With robust integration into core banking and document preparation systems, this collaboration with Finastra marks a pivotal partnership.

Group of Concerned Investors in Terran Orbital Call For Immediate Separation of Chairman and CEO Roles at Company and Installation of New Highly Qualified CEO

Retrieved on: 
Tuesday, December 12, 2023

“Accordingly, we reiterate our call for Terran’s Board to immediately separate the role of CEO and Chairman and install a new CEO with demonstrable industry experience and a track record of outperformance, who can turn around the operational, cultural, and capital allocation issues plaguing the Company. We believe that a new CEO, namely our identified CEO candidate--who, for the avoidance of doubt is not a former employee of the Company—will help Terran to attract the needed capital on favorable terms, minimizing future dilution to stockholders and providing prospective customers and employees with the confidence to conduct business with the Company going forward. In addition, we believe, if installed, our CEO candidate would attract and retain additional world class talent. Mr. Bell has also stated publicly that Jefferies is ‘exploring all possibilities,’ though this cannot be true without engaging with our CEO candidate and the Concerned Investor Group.

Key Points: 
  • However, the events over the past 24 hours have made it abundantly clear to us that Marc Bell is not fit to be CEO of Terran.
  • Later that day, in an all-employee meeting, Mr. Bell stated, as reported by TechCrunch, that the Company was indeed not for sale.
  • Mr. Bell has also stated publicly that Jefferies is ‘exploring all possibilities,’ though this cannot be true without engaging with our CEO candidate and the Concerned Investor Group.
  • The company recently sued one of the Sophis idiots and we will be suing them all in due course.

Tyfone Appoints Tom Shen, Santo Cannone, Laurent Desmangles to Board of Directors

Retrieved on: 
Wednesday, November 29, 2023

Tyfone , the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced the appointment of Tom Shen, Santo Cannone and Laurent Desmangles to its Board of Directors.

Key Points: 
  • Tyfone , the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced the appointment of Tom Shen, Santo Cannone and Laurent Desmangles to its Board of Directors.
  • Following our recent investment from Demopolis, we have tapped three of the most renowned industry experts to serve on the Board.
  • He currently serves as board chair at Tampa Bay Wave and board member at United Solutions and Simply Reliable.
  • Prabhakar Tadepalli, co-founder, COO and former board member of Tyfone, said, “I am excited to have Tom, Santo, and L.D.

PayHuddle Announces Appointment of Douglas Daggett to Lead Operations in the U.S.

Retrieved on: 
Wednesday, November 29, 2023

PayHuddle Solutions, a leading global provider of payment testing and certification solutions with a presence in 40 countries, today announced the appointment of Douglas Daggett as President of PayHuddle Solutions Americas LLC.

Key Points: 
  • PayHuddle Solutions, a leading global provider of payment testing and certification solutions with a presence in 40 countries, today announced the appointment of Douglas Daggett as President of PayHuddle Solutions Americas LLC.
  • The move is strategically aligned with the company’s expansion plans in the U.S. market, which Doug is set to lead.
  • PayHuddle offers qualified test tools, pre-certification consulting, simulators, live test analyzers, certification services, kernel, and test tool development for the entire payment ecosystem.
  • Doug is a technology sales expert with a proven track record spanning 35 years in digital payments and retail banking.

BayPine Strengthens Leadership Team With Senior Operating Talent

Retrieved on: 
Tuesday, November 14, 2023

BayPine LP (“BayPine”), a private investment firm that drives digital transformation in market-leading businesses, today announced that it has strengthened its leadership team with two senior appointments.

Key Points: 
  • BayPine LP (“BayPine”), a private investment firm that drives digital transformation in market-leading businesses, today announced that it has strengthened its leadership team with two senior appointments.
  • Cory A. Eaves, an accomplished operating executive and product and technology leader, has joined the firm as Partner and Head of Portfolio Operations.
  • Additionally, Jason Currier, a seasoned finance professional in the private equity industry, has joined BayPine as Partner and Chief Financial Officer.
  • Anjan Mukherjee and David Roux, Managing Partners of BayPine, said, “We are thrilled to welcome Cory and Jason to BayPine as we continue to build a best-in-class investment organization supported by robust operating infrastructure.

Finastra showcases strategies for lending growth and compliance at its User Connect series

Retrieved on: 
Tuesday, December 5, 2023

LAKE MARY, Fla., Dec. 5, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States to discuss innovation in lending technology, operational and strategic initiatives, and trends in mortgage and retail lending. The series, open to current Finastra lending customers, was hosted in Chicago, Orlando, Dallas, and Scottsdale from September through mid-November.

Key Points: 
  • The series, open to current Finastra lending customers, was hosted in Chicago, Orlando, Dallas, and Scottsdale from September through mid-November.
  • With presentations from Lending business unit product and compliance experts, various financial institutions, and industry partners, User Connect explores how financial institutions can maximize their fintech solutions, offering strategies for achieving increased growth, productivity, and compliance readiness.
  • "User Connect is a unique opportunity to come together with customers and ecosystem partners to share ideas and best practices," said Mitch Lucas, head of retail lending at Finastra.
  • Finastra's User Connect series is a great event for anyone who wants to stay ahead of the curve in the lending industry."

Finastra showcases strategies for lending growth and compliance at its User Connect series

Retrieved on: 
Tuesday, December 5, 2023

LAKE MARY, Fla., Dec. 5, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States to discuss innovation in lending technology, operational and strategic initiatives, and trends in mortgage and retail lending. The series, open to current Finastra lending customers, was hosted in Chicago, Orlando, Dallas, and Scottsdale from September through mid-November.

Key Points: 
  • The series, open to current Finastra lending customers, was hosted in Chicago, Orlando, Dallas, and Scottsdale from September through mid-November.
  • With presentations from Lending business unit product and compliance experts, various financial institutions, and industry partners, User Connect explores how financial institutions can maximize their fintech solutions, offering strategies for achieving increased growth, productivity, and compliance readiness.
  • "User Connect is a unique opportunity to come together with customers and ecosystem partners to share ideas and best practices," said Mitch Lucas, head of retail lending at Finastra.
  • Finastra's User Connect series is a great event for anyone who wants to stay ahead of the curve in the lending industry."