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OTPless Raises $3.5M to Revolutionize Mobile Authentication

OTPless has secured $3.5 million in their pre-series A funding round! This milestone signifies a pivotal moment in their journey to reshape mobile authentication. Under the leadership of SIDBI Venture and bolstered by Venture Highway, FJ Labs, and Piper Serica, this round of funding brings their total investment to $6.5 million.

Friday, May 17, 2024 - 15:18
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Financial IT
EDB Receives Prestigious Recognition for Regional Leadership in Digital Innovation and Transaction Services

Emirates Development Bank ("EDB" or "the Bank") continues to solidify its position as a regional leader that delivers innovative digital offerings and tech-forward transaction banking solutions, giving customers the best possible experiences while enabling efficient and safe cross-border business operations.

Friday, May 17, 2024 - 15:07
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Financial IT
Proof and Socure Partner to Combat Fraud and Forgery in the $200 Trillion Exchanged Through Contracts, Authorizations, and Forms

Proof, the market leader for remote online notarization and identity-secured transactions and Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced a new partnership.

Friday, May 17, 2024 - 13:38
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Financial IT
Eltropy Launches Voice+, Unifying Voice and Digital for Community Financial Institutions

Eltropy, a pioneering conversations platform for credit unions and community banks, today launched Voice+, integrating traditional voice capabilities with digital channels like text messaging, video, and chat into a unified contact center solution. Voice+ provides a “single pane of glass” experience for agents to seamlessly handle voice and digital interactions, with unified routing, AI agents and assistants, and analytics across all channels.

Friday, May 17, 2024 - 13:22
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Financial IT
Banks Call for Regulators to Take a More Innovative Approach to DLT

The Global Financial Markets Association (GFMA) together with Boston Consulting Group (BCG), Clifford Chance and Cravath, Swaine & Moore LLP, have today published a new report highlighting the potential transformative benefits of Distributed Ledger Technology (DLT) for capital markets and calling for market participants to proactively shape its future use, as well as for greater regulatory clarity from policy makers.

Friday, May 17, 2024 - 13:16
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Financial IT
Introducing the Next Wave in Blockchain Payment Innovation

Today, Mastercard is introducing five startups from around the world to its Start Path Blockchain and Digital Assets program to drive best-in-class user experiences and expand use cases that demonstrate the power of blockchain technology.

Friday, May 17, 2024 - 13:06
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Financial IT
Wolters Kluwer Named as One of the Most Reputable Companies in the Netherlands

Wolters Kluwer, a global leader in professional information, software solutions, and services, has been recognized as one of the most trustworthy brands in the Netherlands, based on recent research conducted by RepTrak, a leading reputation research company. In recent years, Wolters Kluwer has risen significantly to the second position on the list and is now right behind ASML.

Friday, May 17, 2024 - 12:56
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Financial IT
Erste Bank Hungary Launches Flight Delay Insurance, a New Service in their App, Powered by Leading Insurtech Companjon

Erste Bank Hungary, part of Erste Group, one of the largest financial services providers in Central and Eastern Europe, has launched Erste Flight Delay Insurance to its banking customers in their George app. Available from today, George’s newest digital service enables retail forint account holders to protect their travel plans against flight departure delays of one hour.

Friday, May 17, 2024 - 12:52
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Financial IT
Mexico-based Commerce and BNPL Fintech Platform Aplazo Secures $70 Million in Equity Funding

Aplazo, an omni-channel payment platform that offers flexible payment solutions and commerce enablement tools to help merchants accelerate sales and grow their brands, announced today the closing of $70 million of additional equity financing, including a $45 million Series B.

Friday, May 17, 2024 - 12:44
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Financial IT
OTP Customers Demonstrate Their Appetite for Sustainable Living With Over 600,000 Visits to the Carbon Tracker

OTP customers are showing just how keen they are to measure their carbon footprint with over 600,000 visits to the bank’s carbon tracker in its first six months.

Friday, May 17, 2024 - 12:36
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Financial IT

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