Thomson Reuters has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime.
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Thomson Reuters harnesses machine learning to screen unstructured data
Tuesday, May 15, 2018 - 11:59
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Over half of under 45s interested in banking products from Apple, Amazon or Google
Online research from Equifax, the consumer and business insights expert, reveals over half (51%) of Brits under 45 years old would be interested in banking products or services from technology giants like Apple, Amazon or Google. Of those, 45% said that products or services like loans, credit cards or current account from these technology companies would only appeal to them if they offered better value than their existing bank.
Tuesday, May 15, 2018 - 11:56
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Mohammed Kateeb recognized among the Leaders of Islamic Economy in East Africa
Path Solutions, the global Islamic banking software company, is pleased to announce that its Group Chairman and CEO Mohammed Kateeb has been recognized among the ‘Leaders of Islamic Economy in East Africa’ during the ‘3rd East Africa Islamic Economy Summit’ held on Wednesday 25th April in Nairobi, Kenya.
Tuesday, May 15, 2018 - 10:04
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Path Solutions
muinmos Partners with NorthRow to Offer Complete Automated Onboarding Solution
RegTech software specialist muinmos has partnered with NorthRow, a complementary RegTech compliance software provider, to provide a powerful combined fully automated solution to support client onboarding in the financial services sector.
The integration between muinmos and NorthRow enables financial institutions to undertake all Know Your Client (KYC) and Anti Money Laundering (AML) checks via a single API. All checks can be completed within a few seconds and at a fraction of the cost of alternative methods.
Tuesday, May 15, 2018 - 09:15
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McDonald’s selects Ingenico as its long-term Payment Solution Provider
In the UK, electronic payments have overtaken cash in many places. With the sharp uptake of contactless technology – now more than 1 in 3 transactions according to UK finance - this shows no signs of slowing down.
McDonald’s has enjoyed considerable growth with around 3.7million visits every day to its restaurants. Lovers of the Golden Arches can now pay for their fast food favourites in a variety of ways that are convenient to them; via the McDonald’s Click and Collect app, through in-restaurant self-service order screens or when using a Drive Thru.
Tuesday, May 15, 2018 - 09:11
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Key Obstacles Banks Must Overcome to Succeed Through Design Thinking
Challenges of the digital age require new ways of thinking, especially from traditional market players in the financial industry. A Design Thinking approach provides an effective method to deliver customer-centered financial services, and Fintech success proves that. Unfortunately, it's not so easy for traditional banking culture to overcome inner obstacles in implementing Design Thinking. Let's find out why that is and how to change it.
Tuesday, May 15, 2018 - 08:49
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ID Chain: Establish an Efficient Verification Method with the Identity Authentication of Blockchain Technology
As the world is concerned by the recent Facebook scandal, which hit 87 million users, people ask how safe their personal information is in the digital age.
What's even worse is – identity fraud is on the rise. According to statistics of Javelin Strategy & Research, a research-based advisory organization, "In 2017, there were 16.7 million victims of identity fraud, a record high that followed a previous record the year before," in the U.S.
There is good news though.
Tuesday, May 15, 2018 - 08:41
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BC Platforms Partners with Google Cloud to Offer Transformational and Scalable Genomic Solutions Worldwide
Tuesday, May 15, 2018 - 08:30
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Kx Systems launches support for cryptocurrency trading
Kx Systems, a division of First Derivatives plc (AIM:FDP.L, ESM:FDP.I), announces that its Kx for Flow electronic trading platform has been extended to support the trading of cryptocurrencies.
Tuesday, May 15, 2018 - 08:20
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Mitsubishi to pilot real funds, cross-border payment over RippleNet
Mitsubishi Corporation (MC), MUFG Bank, Ltd. (MUFG Bank), Bank of Ayudhya PCL (Krungsri), a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank (Standard Chartered), today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups.
Tuesday, May 15, 2018 - 08:17
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