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Elevator Lab: Four Fintechs Selected for Developing a Proof of Concept

The fourth round of Raiffeisen Bank International’s (RBI) Partnership Program Elevator Lab took place virtually in the second half of 2020. Elevator Lab, selected as one of the “Best Financial Innovation Labs in 2020” by the renowned magazine Global Finance and nominated for the “Best Accelerator or Incubator Program 2020” award by the Central European Startup Awards, aims at finding innovative fintech solutions and building mutually beneficial partnerships between RBI and fintechs.

Friday, December 18, 2020 - 12:38
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Financial IT
Finverity Teams Up with Abu Dhabi Global Market in Boost to Supply Chain Finance

The withdrawal of major banks from trade finance and especially in the SME space is creating extraordinary challenges and opportunities, according to Finverity, the UK cross-border supply chain finance platform. Finverity today announced a step change collaboration with the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) - Abu Dhabi’s international financial centre.  The collaboration will develop a proof-of-concept to improve the transparency and trustworthiness of UAE SMEs’ credit profiles to enable faster access and on better

Friday, December 18, 2020 - 12:15
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Financial IT
Dyme & Tink to Scale Subscription Services Across Europe

Leading Dutch subscription app Dyme has partnered with Tink for open banking technology, to take its money saving service across Europe. Live in the Netherlands since November 2019, Dyme is now launching in the UK and Germany, to help people take greater control of their finances. 

Friday, December 18, 2020 - 10:15
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/news/personal-finance/dyme-tink-scale-subscription-services-across-europe
Financial IT
iMAL Completes Annual Certification Renewal Exercise With AAOIFI

Path Solutions successfully completes the annual AAOIFI compliance requirements of iMAL. The recertification process of iMAL demonstrates Path Solutions’ ongoing efforts to maintain compliance with existing and newly issued AAOIFI Shar

Friday, December 18, 2020 - 10:07
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/news/compliance/imal-completes-annual-certification-renewal-exercise-aaoifi
Financial IT
PCI Pal Announces Payments: The Future of Security and CX Virtual Conference

PCI Pal®, the global provider of cloud-based secure payment solutions, has today announced it is hosting a virtual conference that invites attendees from around the globe to discuss and learn about the future of payment security and customer experience.

Friday, December 18, 2020 - 09:46
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Financial IT
VibePay Partners with StreamElements to Bring Instant payments and 100% of Tips to Millions of Streamers

VibePay, which powers account to account payments between consumers, friends and businesses, today announces the integration with content creator tools and services provider StreamElements to transform the way the gaming community makes and receives tips. 

Friday, December 18, 2020 - 09:14
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Financial IT
Aviva Investors More Confident on Outlook for 2021

Aviva Investors, the global asset management arm of Aviva PLC (‘Aviva’), expects 2021 to be a year of economic recovery, with GDP reversing much of the unprecedented declines seen in 2020 as a result of the COVID-19 pandemic. The development of a number of effective vaccines changes the end-game of the crisis fundamentally, although there will be some difficult months ahead.

Thursday, December 17, 2020 - 21:11
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Financial IT
Omdia and OpenWay Release 'The Changing Face of Latin American Payments' Report

Which is more important for banks and fintechs in Latin America – cards or digital wallets? Cloud payment infrastructure or on-premises deployment? Unique offering or fast time to market?

Thursday, December 17, 2020 - 20:22
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/news/payments/omdia-and-openway-release-changing-face-latin-american-payments-report
Financial IT
LocalBitcoins Partners with Onfido for Facial Biometric Verification of Bitcoin Users

LocalBitcoins, the peer-to-peer bitcoin marketplace, today announced an expansion of their partnership with Onfido, the global identity verification and authentication provider, scaling the integration of Onfido’s AI-powered identity verification technology to securely verify the identities of customers signing up for and transacting on the LocalBitcoins exchange globally.

Thursday, December 17, 2020 - 20:05
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/news/digital-identity/localbitcoins-partners-onfido-facial-biometric-verification-bitcoin-users
Financial IT
Fenergo Research Finds That Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced findings from its global asset management research, which uncovered that while most firms feel that it’s important to have a digital transformation strategy, just over one third have reported completion (37%).

Thursday, December 17, 2020 - 19:59
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Financial IT

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