New research from Startupbootcamp InsurTech (SBC) and PwC launches today, exploring how InsurTech has rapidly evolved over the past three years since Startupbootcamp InsurTech was established. The report shows that the narrative surrounding InsurTech has shifted and both parties are now working together to take the insurance industry into the next decade.
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For banks, direct debit (ACH) fraud represents a bigger financial risk than card fraud. In particular, growing momentum for real-time payment schemes across the world is creating huge opportunities for fraudsters and placing increasing pressure on banks and clearing houses, who now have only seconds instead of days to identify fraudulent transactions.
ICS BANKS Notification System is created to provide the bank with a notification mechanism where certain messages or advertisements will be displayed for certain customers, once their accounts or customer number keyed in the system in order to be addressed in a proper way.
To most organisations this should sound like a question with an obvious answer - a good live streaming event usually means clear audio, a decent picture and a tolerable amount of buffering. But the real question should be “Do decision-makers in Global 2000 companies know how truly impactful their live streaming events can be with the right technology?”
Cyber-attacks are now one of the biggest threats to the UK financial system according to respondents in a recent Bank of England survey¹. The survey’s findings place cyber-attacks in joint second place of threats seen as the biggest risk to the financial system, with the percentage of those naming cyber-attacks as the biggest threat rising – for the third year in a row – to 62 percent.
Compliance professionals face an ever-greater range of obligations. While regulators do not deliberately go out of their way to devise “tick-box” regulations, the reality is that the raft of new rules established over the last decade has resulted in a lot of forms to fill and boxes to tick. This means a lot of effort is expended on work that is manual, administrative and often repetitive.
Commercial Bank of Dubai (CBD) and Network International, the leading payment solutions provider in the Middle East and Africa, recently signed an agreement to provide Network International’s bespoke acquiring processing solutions to CBD’s wholesale banking clients.
Shieldpay has increased its global footprint by launching in the US by partnering with the car classified site, AutoClassics.com. Shieldpay enabled the site to become fully transactional to its customers for the first time across the UK, EU and US.
NetGuardians, the award-winning Swiss fintech, announced today that it has become an Avaloq certified software partner for real-time fraud prevention.