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Manchester-based embedded finance specialist, BankiFi, has today gone further than ever in articulating its vision for the future of digital banking through the publication of its informative, new whitepaper, entitled ‘Embedded banking but not as you know it’.
Surecomp® today announced that it has successfully completed a pilot of automated ESG scoring and tracking in its flagship trade finance solution RIVO™. Based on an unrivalled dataset of more than one thousand transactions, covering more than seven hundred corporates, hundreds of goods and trade routes, ESG scoring can now be applied at a single trade finance transaction level.
Aite-Novarica Group today announced the launch of a new study, commissioned by ClearBank, that reveals one in five fintechs are losing $11m per year in product delays due to BaaS (Banking-as-a-Service) providers. The report “Confusion, cost, and compliance: The bifurcation of BaaS and Embedded Banking” reveals that fintechs are increasingly reliant on their BaaS providers to speed time to market, boost revenues, and meet compliance demands.
Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, the financial industry’s leading source of AI-driven financial crime risk data and detection technology, today announced the general availability of their solution for fighting financial crime across the U.S. and Europe.
Deutsche Bank and Kyndryl, the world’s largest IT infrastructure services provider, today announced a new agreement under which the bank will extend one of the largest and longest-running vendor contracts in the financial industry.
SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of TLM Aurora Advanced Account Control, enabling clients to be ready for ISO 20022 standards - the new AI-enabled solution will allow customers to manage large, verified data sets, not only for reconciliation purposes but for downstream systems.
BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, is launching European Innovation Incubator, a three-week virtual program designed for innovative Web3 startups across Europe to build and scale dApps, driving towards a decentralized future. Applications begin on October 10, 2022.
Leading B2B Buy Now, Pay Later (BNPL) provider Hokodo has today announced a new plug-in for the multinational e-commerce platform Shopify. This integration will enable B2B merchants with a Shopify webstore to offer instant credit terms to their limited company and sole trader buyers, while getting paid upfront and remaining protected from the risk of non-payment and fraud.
The protections and purchasing power of contactless payments took a step forward as Mastercard announced the approval of the first cards for issuers that are compatible with the new EMVCo® contactless specifications designed to protect against attacks from both traditional and quantum computers.
