Linedata, a global provider of credit and asset management technology, data and services, announces today the opening of its new office in Singapore, strengthening its presence in the APAC region following a strong increase in businesses’ needs.

Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development, according to research from Evident, an independent intelligence platform that seeks to accelerate the successful adoption of AI in business.

“CIS Islamic Banking and Finance Awards – 2023” distribution ceremony was held in Uzbekistan on 14th March, 2023 at the occasion of 3rd CIS Islamic Banking and Finance Forum organized by Al-Huda CIBE at Hyatt Regency, Tashkent, Uzbekistan. Delegates from various countries participated in the forum. Many applicants have applied for the different categories. After scrutiny and evaluation by the designated award committee, Alif Moliya Uzbekistan Won CIS Islamic Banking and Finance Awards for Best Innovative Products. 

Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, announced today that it will offer ATM Cash Recycling to its client credit unions that use MAP to drive their Automatic Teller Machines (ATMs). 

It is essential to find a reliable partner to grow a successful business. The company can open new markets and expand its customer base, helping its brand prosper. The integration of such an element as a payment gateway, making it a part of the infrastructure, can also solve this problem, but it is not easy to implement it. This is the reason why a white-label solution seems so attractive to many. Apart from payment processing, it helps to expand the user base and strengthen the company’s brand. 

Coreum, the new enterprise-grade layer one blockchain developed by the Coreum Development Foundation, has officially launched.

Embedded finance has seen a rise in popularity in recent years as a result of the rapidly evolving technological landscape, leading to huge opportunities for business growth in the African market. Embedded finance offers a whole host of benefits and has made accessing financial products and services much easier for businesses and individuals, and now, the number of non-financial firms that offer these services is on the rise. 

Financial IT catches up with Dan McLoughlin, CTO of OneSpan at MoneyLive Summit 2023 to discuss the importance of digital agreement security for enterprise organizations, and how it helps to protect against fraud and other forms of cybercrime

The Berlin-based Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the company in 2012. Raisin has been profitable for half a year and currently manages a total of €38 billion Assets under Management (AuM) for customers globally. In the past 6 months alone, AuM grew by more than 30%.

SoftPoS, also known as "Tap to Pay" technology, has revolutionised the way businesses accept payments. Small businesses have traditionally relied on expensive hardware, such as chip and pin machines for transactions. However, SoftPoS enables businesses to process payments through the software on a mobile device, such as a smartphone or tablet, eliminating the need for physical hardware and increasing sales opportunities.