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BR-DGE Makes First APAC Hire as Part of International Expansion Strategy

As the business expands its global presence, payment orchestration provider, BR-DGE, has announced its first in-region hire for Asia Pacific.

BR-DGE has appointed Gerard Pottinger as Head of APAC to help drive the expansion and performance of the company's merchant operations and regional partnerships. Based in Sydney, Australia, Gerard was previously Head of Programmes at Entain, one of the world’s largest betting and gaming groups, where he led major projects across retail and digital domains.

Thursday, May 9, 2024 - 09:40
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/news/people-moves/br-dge-makes-first-apac-hire-part-international-expansion-strategy
Financial IT
87% of Corporate Treasurers Have Abandoned Banking Applications due to Lengthy Onboarding

87 percent of corporate treasurers have abandoned banking applications for their business due to lengthy and inefficient onboarding processes, according to new research from Encompass Corporation, the global leader in Corporate Digital Identity (CDI).

It is not just banks losing customers, as 86 percent of treasurers also highlighted that their businesses had lost revenue as a direct consequence of a bank’s slow and disjointed approach to acquiring customer information.

Thursday, May 9, 2024 - 09:37
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/news/banking/87-corporate-treasurers-have-abandoned-banking-applications-due-lengthy-onboarding
Financial IT
Sumsub Upskills 2,500+ Professionals to Fight Financial Crime with New Learning Course

Sumsub, the global full-cycle verification platform, is announcing the second iteration of its Advanced Transaction Monitoring Masterclass 2024 after exceptional feedback following its initial launch in February. Over 2,500 anti-money laundering (AML), anti-fraud, and compliance professionals in the fintech sector registered. The self-paced course helped to boost their knowledge in combating financial crime issues facing their respective companies.

Thursday, May 9, 2024 - 09:32
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/news/consultancy/sumsub-upskills-2500-professionals-fight-financial-crime-new-learning-course
Financial IT
Xceptor Now Available in the Microsoft Azure Marketplace

Xceptor today announced the availability of the Xceptor Data Automation Platform for financial markets in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Xceptor customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Wednesday, May 8, 2024 - 16:09
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/news/trading-systems/xceptor-now-available-microsoft-azure-marketplace
Financial IT
Gen Z Consumers Are Using Credit More, and Differently, than Their Millennial Counterparts at the Beginning of their Credit Journeys

Gen Z consumers are tapping into credit at higher levels than their Millennial counterparts did in the early stages of adulthood (ages 22-24). TransUnion released these findings today at the company’s 2024 Financial Services Summit, attended by nearly 300 global financial services executives.

Wednesday, May 8, 2024 - 16:04
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/news/lending/gen-z-consumers-are-using-credit-more-and-differently-their-millennial-counterparts
Financial IT
Keybank Launches Virtual Account Management Services Powered by Qolo’s Technology Platform

KeyBank announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure.

Wednesday, May 8, 2024 - 14:02
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/news/treasury/keybank-launches-virtual-account-management-services-powered-qolos-technology-platform
Financial IT
The Evolution of One-Click Payments: Revolutionising Sales Dynamics

Customers don’t appreciate convenience and good service anymore. The profile of the average buyer has changed beyond recognition. 

Once upon a time, someone could walk into a shop, receive quick, attentive service - and they would tell all their friends all about it. That doesn’t happen anywhere near as often these days. 

Wednesday, May 8, 2024 - 13:53
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/blog/payments-evolution-ecommerce/evolution-one-click-payments-revolutionising-sales-dynamics
Financial IT
Idex Biometrics is Bringing Biometric Cards to Market With Large Smart Card Manufacturer in South Asia

IDEX Biometrics and one of the largest smart card manufacturers in South Asia are deploying smart cards across Asia and globally. With over 3 billion cards manufactured to date and a production capacity of 25 million cards monthly, this partner will support IDEX Biometrics continued expansion and growth across Asia Pacific, Middle East, Africa, and the USA.

Wednesday, May 8, 2024 - 13:41
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/news/infrastructure/idex-biometrics-bringing-biometric-cards-market-large-smart-card-manufacturer
Financial IT
Banks Won’t Keep Up in the Fintech Race without Centralised AI Regulations

Understanding the landscape of AI adoption in banking is akin to navigating a maze of contradictions. While more than two-thirds of bank executives aim to ramp up digital transformation investments to 10% by the end of 2024, only 6% of retail banks have a roadmap for AI-driven transformation at scale. 

Wednesday, May 8, 2024 - 13:32
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/blog/banking-ai/banks-wont-keep-fintech-race-without-centralised-ai-regulations
Financial IT
Charting a Path to Decision-making Confidence Through Process Mining

Against the backdrop of ongoing global uncertainty, it’s more important than ever to make the most intelligent decisions, based on the most intelligent insights. The challenge for decision-makers is to bring order from the chaos. Leveraging tools such as process mining becomes pivotal, offering a structured approach to uncovering patterns and inefficiencies within organizational processes. 

Understanding the banking agenda

Wednesday, May 8, 2024 - 13:03
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/blog/banking-regulation/charting-path-decision-making-confidence-through-process-mining
Financial IT

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