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AI-powered Mobile Banking is the Future

Mobile banking has transformed the delivery of financial services over the past 25 years. The routine of visiting a bank branch to manage your money is long gone; with 86% of UK adults using some form of online banking. There are many young people today who have never stepped foot in a physical bank branch.

Friday, April 12, 2024 - 13:23
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/blog/ai-banking-mobilebanking/ai-powered-mobile-banking-future
Financial IT
Token.io Bolsters Executive Team with Key Appointments

Leading account-to-account (A2A) payment infrastructure provider Token.io has announced the appointment of three executives to its senior leadership team, positioning the company for further growth. The company is pleased to welcome Ronnie d'Arienzo as Chief Commercial Officer, Tatiana Okhotina as Chief Financial Officer, and Tim Corke's transition from Chief Customer & Strategy Officer to Chief Operations Officer.

Friday, April 12, 2024 - 13:16
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/news/people-moves/tokenio-bolsters-executive-team-key-appointments
Financial IT
Revolutionizing Security: Veridas Unveils Voice Shield to Combat Voice Fraud

Veridas is launching a Voice Shield solution to provide an efficient and ready-to-use service for this problem. With over 5 million processes worldwide with voice biometrics alone, Veridas brings “Voice Shield” to the market as the highest level of anti-fraud technology.

Friday, April 12, 2024 - 11:52
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/news/fraud-detection/revolutionizing-security-veridas-unveils-voice-shield-combat-voice-fraud
Financial IT
Verituity Joins Forces with Mastercard to Accelerate Secure Domestic and Cross-Border Payouts

Verituity, a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.

Friday, April 12, 2024 - 11:47
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/news/payments/verituity-joins-forces-mastercard-accelerate-secure-domestic-and-cross-border-payouts
Financial IT
Navy Federal Credit Union Announces 7-year Strategic Partnership with Backbase

Backbase, the leading Engagement Banking Platform provider, announces today the renewal and expansion of its partnership with Navy Federal Credit Union, the world’s largest credit union with more than 13 million members and $171 billion in assets, proudly serving U.S. veterans, retired service members and active duty in all branches of the armed forces and their family members.

Friday, April 12, 2024 - 11:19
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/news/paas/navy-federal-credit-union-announces-7-year-strategic-partnership-backbase
Financial IT
Finastra Launches Small Business Data Collection Solution to Help Financial Institutions Comply with DFA 1071

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of its Small Business Data Collection module, which enables banks to easily comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements, mandated by Section 1071 of the Dodd-Frank Act (DFA).

Friday, April 12, 2024 - 11:16
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/news/data/finastra-launches-small-business-data-collection-solution-help-financial-institutions
Financial IT
Lloyds Bank Warns Holidaymakers on Scams

With summer fast approaching, Lloyds Bank is warning hopeful holidaymakers they could fall victim to a scam when booking a trip.

These scams have risen 7% over the past year, with people losing £765 on average, with those aged 35 to 44 - often booking trips for their families – making up over a quarter of victims (27%).

Friday, April 12, 2024 - 11:11
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/news/security/lloyds-bank-warns-holidaymakers-scams
Financial IT
Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022

Finzly, the pioneering provider of modern money movement systems to financial institutions, today announced its achievement as one of the first Third-Party Service Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire. This landmark accreditation positions Finzly at the forefront of innovation, enabling financial institutions to transition to the next generation of payment processing.

Friday, April 12, 2024 - 11:06
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/news/banking/finzly-among-first-receive-fed-certification-fedwire-iso-20022
Financial IT
Satago Partners with mmob to Simplify and Speed Up its Embedded Finance Proposition

Today, Satago, a leading fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.  

Friday, April 12, 2024 - 10:52
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/news/lending/satago-partners-mmob-simplify-and-speed-its-embedded-finance-proposition
Financial IT
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya

Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries. This collaboration marks a significant milestone for cross-border financial transactions in Kenya.

Friday, April 12, 2024 - 10:20
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/news/money-transfers/mastercard-and-equity-bank-join-forces-enhance-cross-border-money-transfers
Financial IT

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