FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services to freelancers, contractors, micro-business owners and their accountants.
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AIM Software, a leading global provider of Enterprise Data Management (EDM) software to the financial services industry, and West Highland Support Services, a global data service and solution provider, have entered into a strategic partnership to deliver near real-time data management services that meet the evolving needs of the Front and Middle Office.
As people are leaning more and more towards the digital world, cybercrime is becoming an issue that cannot be ignored. Although many individuals and businesses are doing all they can to prevent such attacks, a big risk of them still persists. There are various types of attacks that could occur and for many reasons, but one thing is certain - you don’t want to be the victim of cybercrime.
This self-service library enables members to initiate nearly every type of account maintenance or service request “on-demand” in a secure, digital banking environment.
An easily configurable feature for lenders with complex workflows, Roostify Adapt allows for real-world process management while maintaining the power of primary and secondary (“parent/child”) accounts within the Roostify digital lending environment.
Canada’s first-ever authenticated voice banking service using Amazon Alexa, launches from creator Central 1 today. Central 1 clients – Innovation Credit Union and Conexus Credit Union – are piloting the technology that allows customers to use their voice to command actions for their bank accounts, as if Amazon Alexa were a customer service representative.
Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the "Offer"), the publication of the Offer Document, and the joint press release of Thales and Gemalto dated 10 August 2018 in relation to the further extension of the Acceptance Period. Terms not defined in this press release will have the meaning as set forth in the Offer Document.
TruRating allows merchants to generate an industry-leading 88 percent customer response rate
Banks have to struggle with a lot of challenges – from issuing credit to operational risks, technological troubles to good old fashion fraud. In addition to the risks of yesteryear, modern banks face falling long-term rates, growing fintech competition and low profitability. In this challenging environment, savvy modern banks focus more of their attention to mitigating risks.
Changes to the commercial agent exemption require action, but they will bring benefits to all involved
You may not have heard of the ‘commercial agent exemption', but if you have an online marketplace or gig/sharing economy business, you may have benefitted from it. Business such as these, known as ‘platform businesses’, connect buyers and sellers and pass payments between them, usually charging a commission.
What is changing?