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AU10TIX ID Verification Suite and Serial Fraud Monitor Prevented Over $18B in Business Fraud Since 2021

AU10TIX, a global technology leader in identity verification and management, today announced that it has protected companies around the globe against over $18B in business fraud since the 2021 launch of its award-winning Serial Fraud Monitor (formerly INSTINCT). This solution, along with the company’s IDV (Identity Verification) Suite, has proven to protect organizations against even the most sophisticated identity fraud schemes. 

Tuesday, April 23, 2024 - 07:12
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Financial IT
Sopra Banking Software and Paymentology Forge Strategic Partnership to Revolutionise Global Card Issuing Services

Sopra Banking Software (SBS), a leading provider of banking software solutions, and Paymentology, a global issuer processor, are thrilled to announce a transformative strategic partnership aimed at delivering comprehensive card issuing services within SBS's next-generation SBP Digital Core platform.

Tuesday, April 23, 2024 - 07:07
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Financial IT
UK Finance Publishes Report to Facilitate Commercial Variable Recurring Payments

UK Finance, in association with law firm Addleshaw Goddard LLP, is today announcing a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for commercial applications in the UK.

Tuesday, April 23, 2024 - 07:02
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Financial IT
85% of Gen Z Muslims Want to Try Islamic Banking: New Research Reveals
Monday, April 22, 2024 - 16:26
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Financial IT
Coupa and Bottomline Partner to Optimize and Streamline Payments

Coupa, the margin multiplier company, and Bottomline, a global leader in business payments, announced a strategic partnership to simplify digital payment processes for businesses. Coupa can now connect to Paymode-X, Bottomline's business payments network that offers Premium ACH, to automate payments from buyers to suppliers.

Monday, April 22, 2024 - 16:19
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Financial IT
Bitsight and Moody’s Launch New Cyber Risk Solution Covering More Than 325 Million Organisations

Bitsight, a global leader in cyber risk management, and Moody’s, a global leader in risk assessment, today announced the launch of the Implied Cyber Threat (ICT), an offering built on Bitsight’s leading cyber risk analytics engine and Moody’s Orbis company database. The ICT provides cyber risk insights and valuable market context for more than 325 million organisations worldwide – the highest coverage in the market by a factor of over 25x.

Monday, April 22, 2024 - 16:12
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Financial IT
Klarna Expands Global Partnership with Expedia Group, Offering Flexible Payments to US Consumers

Klarna, the AI powered global payments network and shopping assistant, today announced the expansion of its partnership with 

Monday, April 22, 2024 - 16:06
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Financial IT
24th Edition Model Risk

Model risk is a key area of focus for financial institutions as there are constantly ongoing developments which need to be incorporated into frameworks. With the growing use of AI and ML, grew the complexity of models within financial institutions and enhancements need to be made in the documentation and reporting of models to reduce any errors and ensure thorough governance. Additionally, there are concerns around data management for these models due to the current turbulent environment.

Monday, April 22, 2024 - 15:47
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Financial IT
BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations

BMO today announced the launch of its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate-resilient operations.

Monday, April 22, 2024 - 14:52
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Financial IT
Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios

Earth Day -- Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service.

Monday, April 22, 2024 - 14:41
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Financial IT

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