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Rising COVID-motivated Mule Fraud Threats: What Can Banks Do About It?

COVID continues to be in the news and it seems it will be a while before it completely disappears. Meanwhile, fraudsters have been taking advantage of the socioeconomic conditions triggered by the pandemic. Mule fraudsters in particular have been making hay while the virus shines.

Friday, February 24, 2023 - 08:57
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Financial IT
MAP Welcomes Dan Ruppe as Senior Vice President of Product Services

Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, today announced the appointment of Dan Ruppe as Senior Vice President of Product Services. Reporting to CEO Cyndie Martini, Ruppe will lead MAP’s growing suite of payment services, including the management of third-party solutions from the nation’s leading providers. 

Friday, February 24, 2023 - 06:14
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Financial IT
New NatWest and NAB Open Banking White Paper Calls for Reform Amid Transition to Smart Data

NatWest and NAB have published a jointly authored white paper exploring the common threads that bind both Australia’s Consumer Data Right (CDR) and the UK’s Open Banking regime.  

Friday, February 24, 2023 - 05:49
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Financial IT
IDT Introduces Zendit, a Global Prepaid-as-a-Service Platform

IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, today announced the launch of its cloud-based prepaid-as-a-service platform, Zendit. Zendit will be introduced at the Mobile World Congress 2023 (MWC) in Barcelona, Spain, from February 27th to March 2nd.

Thursday, February 23, 2023 - 15:47
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Financial IT
authID Releases Results of its 2nd Annual Fintech Cybersecurity Survey

authID [Nasdaq: AUID], a leading provider of secure identity authentication solutions, has released the results of its 

Thursday, February 23, 2023 - 15:33
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Financial IT
Remitly Expands into the Middle East with United Arab Emirates Launch, Dubai Office

Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced it has expanded into the Middle East with the launch of its outbound remittance product in the UAE. Remitly has also opened an office in the Dubai International Financial Center (DIFC), its first in the country. The company’s new presence in the UAE marks its 30th send country, contributing to its more than 4,300 corridors overall. 

Thursday, February 23, 2023 - 15:16
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Financial IT
TransUnion Launches New Open Banking for Gaming Solution

Global information and insights provider, TransUnion, is leading the way in the gaming sector by unveiling its new Open Banking for Gaming solution.

With a market-leading categorisation engine, built with over a billion transactions, this new solution incorporates more than 330 categories and sub-categories to give gaming operators a quick and easy way to manage their players and promote safer gaming.

Thursday, February 23, 2023 - 14:50
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Financial IT
Indian FinTech Eko Lands $3.6M to Support Micro-entrepreneurs

Eko India Financial Services (Eko), a technology-based platform for financial transactions for micro-entrepreneurs, has raised $3.6m in Series B funding.

According to a report from The Hindu Business Line, Eko received the ₹30 crores ($3.6m) from EXXORE, the family office of Sriram Natarajan.

Thursday, February 23, 2023 - 13:02
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Financial IT
Lava Network Testnet Launches, Aiming to Decentralize Blockchain Access and Power a Multichain Web

Lava Network, the first protocol for decentralized blockchain RPC and APIs, has launched its public testnet following over seven months of private testnet monitoring. They are addressing a longstanding problem in web3, using decentralization to offer high-uptime and scalable service. The protocol represents a one-stop shop for decentralized access to any chain. 

Thursday, February 23, 2023 - 12:54
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Financial IT
Creditinfo Hires Jakub Žalio as Director of Global Technology and Solutions

Creditinfo Group, a global service provider for credit information and risk management solutions, today announces the appointment of Jakub Žalio as its new Director of Global Technology and Solutions.

Thursday, February 23, 2023 - 12:49
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Financial IT

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