Financial institution

PortX Secures Strategic Funding to Boost AI Banking Integration Platform

PortX has announced extended Series B funding with participation from Allied Solutions and the American Bankers Association. The investment will accelerate development of its PiXi AI-powered banking integration platform serving over 200 financial institutions. Industry partners indicate the platform addresses critical modernization needs in financial services.

Strategic Funding Expansion

PortX has reportedly secured additional Series B funding with participation from key industry players including Allied Solutions and the American Bankers Association, according to recent announcements. Sources indicate the investment round includes renewed participation from existing investors BankTech Ventures, Curql Collective, BTech Consortium and EJF Capital.

by Nathan ColeOctober 22, 2025November 2, 2025

Cloud Fintech Payments

How Cloud Technology Is Revolutionizing Instant Payments and Financial Trust

The New Era of Instant Payments Financial institutions are undergoing a transformative shift as instant payment systems redefine how money…

by Nathan ColeOctober 21, 2025November 2, 2025

AI Finance

Banking’s AI Evolution: From Operational Efficiency to Credit Innovation Demands Strategic Oversight

The Expanding Role of Artificial Intelligence in Financial Services As financial institutions navigate an increasingly digital landscape, artificial intelligence is…

by Nathan ColeOctober 20, 2025November 2, 2025

Business Earnings

Big Bank Earnings Beat Expectations as JPMorgan, Goldman Sachs Lead Strong Quarter

Major financial institutions including JPMorgan Chase and Goldman Sachs exceeded analyst expectations for the third quarter. JPMorgan reported nearly $9 billion in record trading revenue, signaling strong market performance across the banking sector.

Big bank earnings kicked off the new season with impressive results as JPMorgan Chase reported record trading revenue and Goldman Sachs exceeded expectations, according to recent analysis of quarterly financial performance across major financial institutions.