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2023 Chargeback Field Report: Friendly Fraud, First-Party Misuse Skyrockets to Pandemic Levels, Industry Survey Reveals
Chargebacks911, the first company dedicated to providing chargeback remediation services to the world’s largest banks and businesses, released its 2023 Chargeback Field Report, giving retailers and fi
Tuesday, May 30, 2023 - 12:31
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Financial IT
Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening

Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth. 

Tuesday, May 30, 2023 - 12:24
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Financial IT
TransUnion, Monevo and Incuto Come Together To Expand Consumer Access to Credit

Global information and insights company TransUnion is working with personal credit platform Monevo and incuto – a fintech for social good – to offer UK consumers improved access to credit and a broader range of affordable credit products.

Tuesday, May 30, 2023 - 11:46
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/news/data/transunion-monevo-and-incuto-come-together-expand-consumer-access-credit
Financial IT
Monoova Successfully Executes the First Real-world, Cross-border Settlement Using Australian Dollar CBDC

On Friday, the Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), held an invitation-only conference in Sydney for participants in the Australian Central Bank Digital Currency (CBDC) pilot project. In a live demonstration, Monoova’s CTO Nicholas Tan, successfully completed the first real-world, cross-border settlement using the pilot CBDC.

Tuesday, May 30, 2023 - 11:39
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/news/payments/monoova-successfully-executes-first-real-world-cross-border-settlement-using
Financial IT
OCR Labs Relaunches as IDVerse in the Expanding Universe of Online Identity Verification
OCR Labs Global, a world leader in digital ID verification (IDV), has begun the next stage in its evolution. Newly branded as IDVerse, the company offers seamless and scalable IDV solutions that will allow companies to evolve how they interact with consumers.
 
Tuesday, May 30, 2023 - 11:34
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Financial IT
Mangopay Appoints Michal Jedraszak as Chief of Staff, Strengthening Executive Leadership Team

Mangopay, the platform-specific payment infrastructure provider, announces the appointment of Michal Jedraszak as Chief of Staff. In this newly created position, Michal Jedraszak will oversee project management and governance, and drive cross-functional initiatives. Michal will also work closely with the C-suite to develop and implement strategic plans to support Mangopay's global growth. 

Tuesday, May 30, 2023 - 11:25
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/news/people-moves/mangopay-appoints-michal-jedraszak-chief-staff-strengthening-executive-leadership
Financial IT
Mambu and Mia-FinTech Announce Collaboration to Accelerate Introduction of Digital Finance Solutions

Mia-FinTech, the fintech startup that enables banking and financial institutions to evolve towards open finance, and Mambu, a leading cloud banking platform, embark on a new partnership to accelerate the delivery of digital financial products and services.  

Tuesday, May 30, 2023 - 11:20
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/news/digital-banking/mambu-and-mia-fintech-announce-collaboration-accelerate-introduction-digital
Financial IT
Bibby Asset Finance Hires Senior Business Development Manager to Support Growth Ambitions

Bibby Asset Finance, the asset finance division of Bibby Financial Services (BFS), has announced a new senior hire in the next stage of its refocused growth strategy to increase lending throughout the UK. This latest appointment follows a series of hires across the team, announced in February of this year.

With 15 years of experience in the financial services sector, Martin Bugden joins Bibby Asset Finance as Senior Business Development Manager from his previous role at PCF Bank.

Tuesday, May 30, 2023 - 11:14
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/news/people-moves/bibby-asset-finance-hires-senior-business-development-manager-support-growth
Financial IT
AlHuda CIBE is Devoted for the Development of Islamic Finance in Zambia

Zambia the south-Central African Country is ready to embrace the concept of Islamic Finance. Islamic Finance Industry potential is increasing day-by-day not only in Muslim-dominated markets, although in non-Muslim markets. It is a positive gesture towards the growth of Islamic finance industry in Africa. The Market Penetration for Islamic Finance is more in East and West Africa, then in Central Africa. In south part of Africa South Africa was the pioneer for Islamic finance in Africa and after Zambia has huge potential for Islamic finance.

Tuesday, May 30, 2023 - 11:11
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/news/islamic-finance/alhuda-cibe-devoted-development-islamic-finance-zambia
Financial IT
Digital Verification and Anti-Money Laundering Tool Downloaded by 1M+ Users

Thirdfort, a client-risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has been downloaded by more than one million users since its launch 4 years ago, or around 2.5% of all adult smartphone users in the UK.* The fast-growing app has seen notable growth in demand, fuelled by fears of fraud and money laundering, alongside Government efforts to encourage the use of digital ID tools.

Tuesday, May 30, 2023 - 11:07
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Financial IT

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