Tag: FinTech

Amazon Web Services (AWS) is launching its first Global Fintech Accelerator, giving fintech founders the support and mentorship they need to bring smarter financial services solutions to the market by leveraging the power of AI/ML and the cloud.

Startups know firsthand how better technology can improve the quality of life: From AI/ML allowing scientists to better predict patient health outcomes, to cloud computing driving life-saving innovation, and modern apps enhancing accessibility. Fraud.net is one such startup improving quality of life. They use AWS technology to give customers in the banking and fintech industries a serverless modern application that uses artificial intelligence and machine learning to rapidly identify fraud, leading to more efficient operations and higher customer satisfaction.

For startups, coming full circle is a milestone defined by partnering with the programs used during early stage growth, or providing resources that help other startups succeed as well.

Ramp, a B2B fintech startup founded in 2019 by veteran founders Eric Glyman and Karim Atiyeh, does both. Ramp is a tech-first finance automation platform whose serverless modern application–in conjunction with its corporate card–allows businesses to more efficiently manage their finances.

Alloy is an all-in-on-AWS unicorn fintech startup whose global identity decisioning platform helps banks and fintech companies automate their decisions for onboarding, transaction monitoring, and credit underwriting. Alloy combines the use of traditional data sources (such as credit scores) with newer, alternative data sources, such as cash flow data, to provide a complete and more accurate picture of each customer.

To help Fintech startups maximize the value of re:Invent, connect with industry leaders, and catch up on all of the topics you’ve wanted to dive deeper into. we’ve put together the top 10 sessions for Fintech that you don’t want to miss.

At AWS, we know that building a dream is best achieved by having support from people like you who want to get where you’re going as much as you do. To celebrate Hispanic Heritage Month, we’re recognizing the achievements and contributions of Hispanic and Latino Americans who have inspired others to achieve success. In Part 2, we hear from Augie Del Rio, co-founder and CEO of Gallus Insights, a company that develops advanced analytics services to support timely, informed decision making.

Camino Financial is dedicated to helping small businesses grow to reach their potential. Leading with empathy, this family-founded, financial technology platform startup aims to bring affordable credit to under-banked Latinx micro businesses, and empower underrepresented communities to build generational wealth.

Providing innovative technology solutions for some of the world’s leading investors, security is at the heart of everything SigTech does. SigTech offers future-proof quant technologies to global investors. Cloud-hosted and Python-based, the platform integrates a next-gen backtest engine and analytics with curated datasets covering equities, rates, FX, commodities and volatility. Through the use of the deep and rich features provided by AWS services, SigTech has been able to build quant technologies that are operable by their engineering team, can be developed and iterated in an agile way, and meet the security requirements of their customers.

In 2019, Dutch fintech startup Floryn started the process to obtain a PSD2 license to also provide customers with insights into their liquidity management and financial health and simplify the customer experience of requesting a business loan. Here’s how they leveraged AWS to do it.

Empowering more than 500 lenders with a SaaS-based lending technology platform, AllCloud has changed how technology is perceived by banks and non-banking financial institutes by leveraging cloud technology to scale and stay secure and compliant.