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PayNearby To Democratise Insurance, Saving, Lending and Digital Payments for the Masses Amid Covid-19

In its bid to offer financial liberation to the masses, PayNearby, India’s largest hyperlocal fintech startup, this Independence Day, has launched a module to bring the best of banking offerings - Nivesh (Savings), Udhaar (Lending), Suraksha (Insurance) and Payments at a store nearby. The platform is tailored to offer customised products, relevant to all income cohorts ushering in true financial inclusion.

Friday, August 21, 2020 - 15:03
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Financial IT
iProov Partners With Evernym to Simplify Onboarding and Device Binding for Personal Identity Management

iProov, the leading provider of biometric authentication technology for Genuine Presence Assurance, announces its partnership with self-sovereign identity (SSI) specialists, Evernym.

Evernym is the market leader in SSI, working with over 100 organizations in the technology, government, nonprofit, finance, insurance, communications, and healthcare sectors to issue, accept and verify portable digital identity credentials.

Friday, August 21, 2020 - 15:01
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Financial IT
The Bank of East Asia Starts Using the New Hosted and Managed Horizon Platform for Market-Making Warrants

Horizon Software, the world’s leading SaaS provider of electronic trading solutions and algorithmic technology, announced that The Bank of East Asia, Limited (“BEA”), one of the professional warrants and Callable Bull/Bear Contracts (“CBBCs”) issuers in Hong Kong, has started handling the market making of warrants it issues by utilizing the Horizon Hosting and Managed Services (

Friday, August 21, 2020 - 14:53
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/news/online-trading/bank-east-asia-starts-using-new-hosted-and-managed-horizon-platform-market
Financial IT
Banco Ripley Goes Live With Temenos to Bring Digital Banking Services in Peru

Temenos (SIX: TEMN), the banking software company announces that Banco Ripley has gone live with Temenos Transact, the next generation core banking product. The implementation was delivered 100% in the cloud and 100% remotely amidst the COVID-19 lockdown. Temenos’ digital core banking technology replaces Banco Ripley’s legacy IT system with advanced cloud and open API technology to provide digital experiences to more than one million retail store customers in Peru.

Friday, August 21, 2020 - 13:32
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Financial IT
Growth in Sign-ups Exceeds More Than 350% at Identity Verification Provider

Fast growing European identity verification provider, IDnow (www.idnow.io) is reporting substantial growth across its global operations as COVID-19 accelerates the need for digital processes.

Friday, August 21, 2020 - 13:30
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Financial IT
BondEvalue and Northern Trust Collaborate to Complete World’s First Blockchain-based Bond Trade

Northern Trust (Nasdaq: NTRS) and BondEvalue today announced the completion of the first trade of a fractionalized blockchain-based bond.

Friday, August 21, 2020 - 13:26
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Financial IT
BitPay Expands Integration with Coinbase to Enable Instant, No Fee Blockchain Payments

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that it has enhanced its service to make it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and other cryptocurrencies at BitPay enabled merchants directly from a Coinbase account. BitPay’s enhancements allow consumers to make payments directly from the Coinbase account to BitPay merchants, eliminating the peer to peer movement of funds. The phased rollout starts with transactions under $1,000.

Friday, August 21, 2020 - 13:23
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Financial IT
Mphasis Awarded U.S. Patent for its Artificial Intelligence (AI) System for Data extraction, aggregation & analysis

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology solutions provider specializing in cloud and cognitive services, today announced that it has recently been granted a U.S. patent for its AI system for tracking, managing and analyzing data from unstructured data sources. The newly issued patent – U.S. Patent No. 10,726038 relates to optimized data aggregation and analytics across physical and digital data sources.

Friday, August 21, 2020 - 13:21
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Financial IT
AscendantFX Introduces Payment Tracking Through SWIFT gpi

AscendantFX Capital announced today that they have become members of the SWIFT network, and more specifically the Global Payment Initiative (gpi). Ascendant will leverage SWIFT gpi to further enhance its customer platform aPay and its API capabilities, improve payment delivery, and provide greater transparency for customers.

Friday, August 21, 2020 - 13:20
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Financial IT
Speechmatics and Veritone Unveil Availability of Secure Transcription as a Cognitive Service Within Veritone’s aiWARE Government Operating System for AI

Speechmatics, a UK leader in any-context speech recognition technology has announced that Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, now offers secure transcription capability as a cognitive service within Veritone’s aiWARETM operating system for AI.

Friday, August 21, 2020 - 13:10
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Financial IT

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