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Sopra Banking Software Announces Strategic Partnership with Finom to Enhance Compliance and Security in the French Fintech Market

Sopra Banking Software (SBS) announces a strategic partnership with Finom, an innovative financial services provider dedicated to SMEs and entrepreneurs.

This partnership aims to provide comprehensive compliance and user verification services, ensuring the highest standards of regulatory compliance and security in the French fintech market.

Friday, July 19, 2024 - 12:27
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Financial IT
IDology Unveils Global Fraud Report, Reveals Growing Concerns About Generative AI's Impact on Fraud

IDology, a GBG Company, today released its 2024 Global Fraud Report, confirming increasing concerns about the impact of generative AI on fraud. With rapid advancements in AI, businesses expressed heightened concerns about the evolution of familiar types of fraud—such as synthetic identity fraud (SIF) and phishing—fueled by generative AI.

Friday, July 19, 2024 - 12:03
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Financial IT
Selective Insurance Employs One Inc’s ClaimsPay® Solution

One Inc, the leading digital payments network for the insurance industry, announced today that Selective Insurance, a leading business, home, and auto insurer, has selected One Inc's ClaimsPay® digital payment solution.

Friday, July 19, 2024 - 11:37
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Financial IT
Microsoft Faces Major IT Outage, Shares Drop

On July 19, 2024, Microsoft faced a significant IT outage affecting various services, including its cloud-based platforms.

The outage, which began early in the day, caused widespread disruptions for businesses relying on Microsoft's cloud services. Microsoft has since reported that the issue has been resolved, but the incident has raised questions about the robustness of their infrastructure.

Friday, July 19, 2024 - 11:32
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Financial IT
NewDay Enhances Its Affordability Assessments with D•One Open Banking Services

D•One, part of the ClearScore Group, today announces that NewDay, a leading provider of unsecured consumer credit in the UK, has gone live with D•One’s open banking connectivity and transaction categorisation products. This move to provide deeper affordability assessments supports responsible access to credit, as well as financial inclusion.

Friday, July 19, 2024 - 11:19
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Financial IT
Tandem Bank Smashes £650 Million Milestone in Home Improvement Lending for Greener Homes

Building the UK’s greener, digital bank, Tandem is proud to announce it has approved £650m in new lending in green and ‘pathway to green’ home improvement lending (HIL). This milestone highlights Tandem’s ongoing commitment to helping UK households reduce their carbon footprint and enhance energy efficiency. 

Friday, July 19, 2024 - 11:11
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/news/infrastructure/tandem-bank-smashes-ps650-million-milestone-home-improvement-lending-greener
Financial IT
Lemonade's 2024 Giveback Donates Over $2 Million to Customer-Chosen Organizations in its Eighth Year

Lemonade, the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutive year of giving back to dozens of local and global charities chosen by customers.

Friday, July 19, 2024 - 11:00
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Financial IT
4th Edition Climate Risk Management for Financial Institutions

Climate risk continues to be a top concern for financial institutions and a growing priority for the regulators, which is increasing the pressure for financial institutions to focus on it more. There is still much conversation about understanding the true impact of climate risk regulation as it is relatively new to the industry. Financial institutions are in the process of preparing for different climate-related scenarios so that they can understand their risk exposure in this area and prepare accordingly.

Friday, July 19, 2024 - 10:08
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/news/fintech-startups/4th-edition-climate-risk-management-financial-institutions
Financial IT
Treasury and the Financial Services Sector Coordinating Council Publish New Resources on Effective Practices for Secure Cloud Adoption

The U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption journey. These deliverables are the result of a year-long public-private partnership of the Financial and Banking Information Infrastructure Committee (FBIIC) and the FSSCC.

Friday, July 19, 2024 - 10:00
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Financial IT
AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value

To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.'s Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings.

Friday, July 19, 2024 - 09:53
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/news/trading-systems/aminvestment-bank-enhances-securities-finance-services-broadridge-boost-client
Financial IT

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