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Generation Life Launches Investment-linked Lifetime Annuity

Financial Risk Solutions (FRS), provider of investment administration software to asset owners and life and pensions companies worldwide, today announced Generation Life, an Australian leading provider of tax-effective investment bonds, has launched an investment-linked lifetime annuity solution using FRS’s Invest|Pro™ as a key component of Generation Life’s technology supporting the lifetime annuity.

Wednesday, May 4, 2022 - 10:46
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Financial IT
Identity Confirmation in Under 30 Seconds: How Biometrics Became Lightning Fast and Accurate

How do you do trust someone you can’t meet in person? It’s a question organisations have been grappling with in the age of the internet, KYC requirements, and the rapidly escalating costs and consequences of identity fraud.

Enter biometrics with liveness detection, a state-of-the-art solution that onboards customers securely, easily, and quickly,” says Lance Fanaroff, Co-Founder and Chief Strategy Officer, iiDENTIFii – leader in remote biometric digital facial authentication and automated onboarding technology.

Wednesday, May 4, 2022 - 10:36
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Financial IT
Things Speed Up for Payful Following Accelerator Selection

Payful, a new startup dedicated to eradicating late invoice payments across B2B transactions has secured its place on Enterprise City’s ‘Exchange Support Scheme’. As part of the selection, the fledgling Manchester-based FinTech will now move its offices to the city’s famous Bonded Warehouse.    

Wednesday, May 4, 2022 - 10:23
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/news/payments/things-speed-payful-following-accelerator-selection
Financial IT
Klarna’s Fairer Alternative to Traditional Credit will Help UK Consumers Build a Positive Credit History from June

Klarna, a leading global retail bank, payments, and shopping service, today announced that its UK customers will soon be able to build a positive credit history by using Klarna’s Buy Now Pay Later (BNPL) products. Klarna will begin reporting use of BNPL products with UK credit reference agencies (CRAs) to protect customers, provide the industry with greater visibility of BNPL use, and give UK consumers one less reason to use high-cost credit cards.

Wednesday, May 4, 2022 - 10:19
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/news/payments/klarnas-fairer-alternative-traditional-credit-will-help-uk-consumers-build-positive
Financial IT
London Based Ruddocks and Co. Chartered Certified Accountants Sign up to Living Wage Mandate

Woodford Green-based firm, Ruddocks and Co. Chartered Certified Accountants has solidified their commitment to paying the Living Wage, by signing up to the foundation in April 2022.

Ruddocks and Co. Chartered Certified Accountants is the only accounting firm in the London Borough of Woodford to have been recognised as an accredited Living Wage employer, marking it as one of only five businesses in the entire borough to have made that commitment.

Wednesday, May 4, 2022 - 10:13
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/news/accounting/london-based-ruddocks-and-co-chartered-certified-accountants-sign-living-wage
Financial IT
UTP, Faster Processing, and phos Become Industry Pioneers by Being the First to Introduce Same Day Processing for Payments Accepted on a Smartphone

UTP, an award-winning provider of card and other payment solutions, has partnered with leading fintech, phos, to create the latest industry innovation, tapeeno, enabling smartphones to be transformed into a payment device in an easy and convenient way.

Wednesday, May 4, 2022 - 10:04
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Financial IT
Finastra Managed Services Launches on Amazon Web Services

Today Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. FMS being available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. bank on the West Coast roll out its lending solution.
 

Wednesday, May 4, 2022 - 09:51
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/news/management/finastra-managed-services-launches-amazon-web-services
Financial IT
SmartStream Launch Eligibility API for Fast Access to Collateral Optimisation

SmartStream Technologies, the financial Transaction Lifecycle Management solutions provider, today announces a new solution, Eligibility API for Collateral Management Optimisation – a faster and more efficient way to get eligibility information contained within collateral agreements like CSA, GMRAs and OSLA’s*, for both pre- and post-trade collateral optimisation.

Wednesday, May 4, 2022 - 09:44
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/news/apis/smartstream-launch-eligibility-api-fast-access-collateral-optimisation
Financial IT
BMM Brings Integrity to Blockchain

The Government Blockchain Association (GBA) published the Blockchain Maturity Model (BMM). This model was developed over the past two years to give acquisition professionals the tools they need to evaluate blockchain solutions when making purchasing decisions. It also provides a standard to distinguish legitimate blockchain solutions from hype-filled promises. Without this knowledge or framework, acquisition professionals will always choose traditional government contracting partners.

Wednesday, May 4, 2022 - 09:37
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/news/blockchain/bmm-brings-integrity-blockchain
Financial IT
GoCardless Welcomes Paul Stoddart as President

GoCardless, a leader in direct bank payment solutions, today announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he was President of its New Payment Platforms, Executive Chairman of Vocalink and a Member of the Mastercard Management Committee.

Wednesday, May 4, 2022 - 09:06
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/news/payments/gocardless-welcomes-paul-stoddart-president
Financial IT

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