According to UK Finance, over two-thirds of British adults now use online banking, and 48% use mobile banking. This means financial institutions are under pressure to implement the latest identity verification technologies to protect the abundance of sensitive data, whilst delivering a seamless user experience.

Current authentication methods are showing cracks 

RIMES, the global leader in Managed Data Services for financial institutions, has today announced a deal with global investment firm EQT.

EQT will make a significant growth investment and together with Christian Fauvelais, RIMES’ CEO, President and Co-Founder, EQT will support and accelerate execution of the Company’s strategic vision.

Your business involves cross-border payments. Why should you consider a payments provider that is not a bank?

Leading payments provider Klarna is excited to announce its London Fashion Week collaboration with British designer Olivia Rubin.

Known for her joyful designs in signature colours, Olivia Rubin aligns perfectly with the fintech giant who also believes in standing out from the crowd with their unmistakable pink branding – a world away from the traditional ‘bankish blue’.

Path Solutions, the global Islamic banking software provider, today announced that Bank Assafa has gone live with the latest version of iMAL in its headquarters in Casablanca as part of its strategy to bring cutting-edge Islamic banking services to its new customer base.

The cashless revolution is here, and it’s happening all over the globe: from Malaysian village market stalls to the London high street. There can be no revolution without controversy, of course. Dominating conversations of financial innovation is the question of financial inclusion. In other words, will going cashless exclude the most vulnerable members of society?

Ian Smith, Group Chief Financial Officer (CFO) of Virgin Money UK PLC, will join Nordea as Group CFO and Head of Group Finance. He will also become a member of the Group Leadership Team.

Today, Scotiabank announced a donation of $750,000 to the University of Ottawa to launch the Scotiabank Fund for the AI & Society Initiative.

Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.

Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.