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The rise in bank transfer fraud: can you afford to lose out?

As digital transformation continues to proliferate, financial services players, such as banks and financial institutions, would be wise to look to key technology providers in the industry, in helping them navigate these potentially challenging new territories. We interviewed Nicolas Muhadri, CEO StreamMind, a hight-tech company providing secure interbank transactional messaging, instant payments, verification and fraud prevention, to discuss his thoughts on the recent fraud issues in the industry:

Tuesday, June 4, 2019 - 10:12
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Financial IT
SafeCharge Announces its Partnership with Maternia to Support Expansion Roadmap

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced it has partnered with Maternia - one of the biggest European e-Commerce sellers of contact lenses and sunglasses - in order to provide customers with a seamless payments experience across many regions, as well as higher conversion rates at checkout for the best shopping experience.

Tuesday, June 4, 2019 - 10:11
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Temenos Announced that BMCE Bank of Africa Implemented Temenos T24 Transact and Financial Crime Mitigation Running onTemenos Cloud

Temenos (SIX: TEMN), the banking software company, today announced that BMCE Bank of Africa, a leading Moroccan bank with international operations, has implemented Temenos T24 Transact and Financial Crime Mitigation, both running on the Temenos Cloud.

Tuesday, June 4, 2019 - 10:02
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The Lars Thrane LT-3100S as First Terminal to Offer Iridium Service for GMDSS

 

Tuesday, June 4, 2019 - 09:53
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Plato Partnership Collaborates with BMLL Technologies to Provide Free European Equity Market Quality Metrics to Market Participants

Plato Partnership, the not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is pleased to announce that they are collaborating with BMLL Technologies to provide twelve daily T+1 market quality metrics to enable more transparency and information across the trading landscape in Europe.

This initiative with BMLL will allow market participants access to metrics that will help improve their execution and implementation processes and ultimately improve results for the end investor.

Tuesday, June 4, 2019 - 09:15
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Barclays,Goldman Sachs and J.P. Morgan To Use DTCC’s Global Trade Repository in Support SFTR Obligation

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Barclays,Goldman Sachs and J.P.

Tuesday, June 4, 2019 - 09:09
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Digital Reasoning Launched AI-Enabled Voice Analytics Solution for Voice Communications Monitoring in Banks

Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, has launched a new, AI-enabled voice analytics solution for voice communications monitoring in banks. Developed with extensive input from the firm’s industry partners and customers, it delivers market-leading transcription accuracy of financial domain audio data and seamless workflows that enable efficient scaling of audio monitoring coverage.

Tuesday, June 4, 2019 - 08:52
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Signicat and yes.com Launching Signicat Digital Identity Platform in Germany

Signicat, a leader in verified digital identity, and yes.com, a new identity scheme launching in Germany, have partnered to integrate the yes.com open banking scheme into the Signicat Digital Identity Platform. This new partnership will streamline secure customer on-boarding, easy authentication and electronic signing for users of the scheme.

Tuesday, June 4, 2019 - 08:39
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Marko Wenthin Joins as CEO of Penta

The digital business banking provider Penta is expanding its management team.

Tuesday, June 4, 2019 - 08:35
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Financial IT
JCB International Achieves Global 45% Growth in Four Years and Reveals Exclusive European Spend Insights

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of major global payment brand JCB, today reveals a 63% growth in annual sales volume made by Asian cardmembers in Europe between 2017 and 2018, and a 45% global growth in total annual sales volumes in the past four years, now reaching over 130 million cardmembers worldwide.

This news coincides with the release of exclusive JCB research into how European retailers can tap into Asian spending power that is projected to hit US$32.6 trillion by 2026.

Tuesday, June 4, 2019 - 08:33
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