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How Asia is leading the way for fingerprint biometric innovation in the payments industry

PIN verification will soon become a thing of the past. Thanks to advances in fingerprint biometric technology, the reality of being able to authenticate a payment with a simple touch of the finger is set to explode across the globe. Whilst some countries remain conservative in terms of adopting this technology – Asia is one region driving the charge for biometric fingerprint payment cards. Countries such as India and China have already welcomed fingerprint biometric payment smart cards into their everyday lives.

Monday, April 15, 2019 - 18:37
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Financial IT
BlueBay chooses Alpima to equip its sales, product and multi-asset teams for fund data

BlueBay has chosen Alpima to further equip its sales, product and multi-asset teams to intelligently visualise fund data and product characteristics across its full fixed income suite. Offered as a white-label version of its cloud-based platform, ALPIMA has worked closely with BlueBay to customise it to its exact requirements.

Luc Leclercq, BlueBay’s COO, says: “We are pleased to engage with ALPIMA, whose modular and adaptive platform offers the speed, flexibility and robustness we need to serve our clients in the digital age.”

Monday, April 15, 2019 - 18:12
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Financial IT
Cappitech unveils MiFID II Market Intelligence Solution

Cappitech, a leading provider of regulatory reporting and intelligence solutions for the financial services industry, today announced the launch of RTS 28 Market Intelligence, a product that allows financial institutions to use regulatory compliance data to their own advantage.  The electronic surveillance and analytics tool assesses firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average. 

Monday, April 15, 2019 - 18:06
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/news/regtech/cappitech-unveils-mifid-ii-market-intelligence-solution
Financial IT
Features that Millennials Appreciate the most in Robo-Advisors

Millennials are the new target audience for the wealth-management industry. They require special services compared to common practice, as they are typically ignored by the financial services industry. Nevertheless, the younger gen has more financial concerns than ever and need advice desperately. What features should companies provide millennials to solve their financial problems and win their loyalty?

Monday, April 15, 2019 - 17:56
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Financial IT
BNY Mellon Global Survey shows that technology and regulatory revision help to reduce the trade finance gap

BNY Mellon released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade providers and other market participants responding to its survey.

Monday, April 15, 2019 - 17:49
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Financial IT
NICE Actimize Introduces CDD-X, Modernizing KYC/CDD Programs with Advanced Analytics and the Power of AI

NICE Actimize  announces the launch of CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to reduce compliance risk. Significant reduction in operational costs are realized through the innovative use of visualization and purpose-built intelligent automation to streamline customer review times by up to 70 percent.

Monday, April 15, 2019 - 17:44
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Financial IT
Vision Blue acquires Cardiff-based fast growth fintech company SamePage Group

Vision Blue, the leading provider of compliant software solutions for the Credit and Debt Recovery sectors, has acquired Cardiff-based fast growth fintech company SamePage Group, a pioneer in fully-digital Loan Origination software platforms, for an undisclosed sum.

Monday, April 15, 2019 - 14:44
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/news/compliance/vision-blue-acquires-cardiff-based-fast-growth-fintech-company-samepage-group
Financial IT
Standard Chartered announces the expansion of Straight2Bank Pay into Asia

Standard Chartered announced the expansion of Straight2Bank Pay, its award-winning digital collections gateway for corporate clients, to additional markets in Asia to further support its clients’ growing e-Commerce and m-Commerce aspirations.

Monday, April 15, 2019 - 13:36
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Financial IT
Mastercard, Kuok Ventures and SGInnovate invest in AIDA startup

AIDA Technologies, the AI and predictive analytics provider, today announces that Mastercard, Kuok Ventures and SGInnovate have invested in the company in a Series A funding round.

Monday, April 15, 2019 - 13:21
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/news/artificial-intelligence/mastercard-kuok-ventures-and-sginnovate-invest-aida-startup
Financial IT
More than half of Brits use slang words for money, but less than a third know what the words actually mean

Money may be recognised as a universal language, but new research has found seven in 10 Brits (70 per cent) aren’t sure what the different slang terms for it actually mean. The research from money-sharing app Pingit revealed a further 59 per cent become confused over the denomination each slang term refers to, perhaps thanks to the more than 80 different words used to describe currency.

 

Monday, April 15, 2019 - 11:36
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Financial IT

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