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Giesecke+Devrient Invests in Deep Technology Firm FNA

Giesecke+Devrient (G+D), a global security technology group headquartered in Munich, has invested through its Corporate Venture Capital arm, G+D Ventu

Tuesday, July 13, 2021 - 16:27
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/news/investment/gieseckedevrient-invests-deep-technology-firm-fna
Financial IT
Lendsmart Integrates with Freddie Mac Loan Product Advisor® to Expedite the Underwriting Process

Lendsmart, an AI-driven digital lending platform, today announced they have integrated with Freddie Mac Loan Product Advisor® (LPASM), the company’s automated underwriting system (AUS).

Freddie Mac and Lendsmart are working together to better serve and exceed customer expectations by improving the borrower experience and loan origination cycle.

Tuesday, July 13, 2021 - 16:21
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/news/artificial-intelligence/lendsmart-integrates-freddie-mac-loan-product-advisorr-expedite
Financial IT
Biz2Credit Small Business Lending Index™ Finds June 2021 Loan Approval Rates Increased for All Categories of Lenders

Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.5% in May to 13.6% in June 2021, while small banks’ approvals also rose from 18.7% in May to 18.9%, according to the latest Biz2Credit Small Business Lending Index released today.

Tuesday, July 13, 2021 - 16:16
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/news/lending/biz2credit-small-business-lending-indextm-finds-june-2021-loan-approval-rates-increased
Financial IT
New global data on bank customer behavior shows travel is poised to recover faster than expected

Today Ascenda, the technology company that makes banking rewarding, revealed consumer confidence in travel is returning quickly according to leading indicators from its bank solution TransferConnect, the world’s largest global exchange for frequent traveller miles and points.

Tuesday, July 13, 2021 - 15:53
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/news/payments/new-global-data-bank-customer-behavior-shows-travel-poised-recover-faster-expected
Financial IT
Verizon Business and Mastercard Partner to Bring 5G to the Global Payments Industry

Verizon Business and Mastercard today announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem. From contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike.

Tuesday, July 13, 2021 - 15:51
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/news/payments/verizon-business-and-mastercard-partner-bring-5g-global-payments-industry
Financial IT
Bitmedia Crypto Ad Network Shares Achievements and Market Data

Bitmedia.io, has recently celebrated its 7th birthday and shared the achievements of the company in the crypto advertising market over the course of its existence. Today, the crypto ad network can be righteously considered to be the leader in blockchain and crypto advertising. It's reach spans over an extensive network of over 6000 publishers, which are websites that broadcast display ads distributed through the platform.

Tuesday, July 13, 2021 - 15:40
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/news/cryptocurrencies/bitmedia-crypto-ad-network-shares-achievements-and-market-data
Financial IT
Fifth Third Bank Deploys Unbound CORE to Secure Sensitive Data in the Cloud

Unbound Security, leader in cryptographic key management and protection solutions, today announced that Fifth Third Bank (NASDAQ: FITB) has deployed Unbound CORE to tokenise credit card and other personally identifiable information (PII) to improve data security as part of its migration to the cloud.  

Tuesday, July 13, 2021 - 15:35
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/news/banking/fifth-third-bank-deploys-unbound-core-secure-sensitive-data-cloud
Financial IT
APImetrics and tomato pay Partner to Provide Accurate Production Performance Metrics for UK Open Banking APIs
APImetricshas partnered with tomato pay, QR-code-based payments app for businesses and sole traders, to launch the first independent production monitoring dashboard for Open Banking APIs. 
Tuesday, July 13, 2021 - 15:27
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/news/open-banking/apimetrics-and-tomato-pay-partner-provide-accurate-production-performance-metrics
Financial IT
Alawneh Exchange partners with Nium to enable seamless international payments services to key major markets

Global B2B payments company Nium and Jordan’s leading currency exchange and money transfer provider, Alawneh Exchange today announced a strategic partnership that will allow Alawneh Exchange to leverage Nium’s vast pay out network in key markets, such as Australia, Canada, Europe, the UK and the US.

Tuesday, July 13, 2021 - 15:21
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/news/payments/alawneh-exchange-partners-nium-enable-seamless-international-payments-services-key
Financial IT
96% of Financial Services Organisations Have Suffered Insider Data Breaches, Egress Research Reveals

Egress’ Insider Data Breach Survey 2021 has revealed that an overwhelming 96% of financial services organisations have experienced insider data breaches in the last year. Human error was the top cause of serious incidents, according to 88% of IT leaders surveyed. However, IT leaders are more concerned about malicious insiders, with 38% indicating that employees falling for a phishing attack is their biggest fear. 

Tuesday, July 13, 2021 - 15:16
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/news/security/96-financial-services-organisations-have-suffered-insider-data-breaches-egress
Financial IT

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