SmartSearch has further strengthened the market-leading reliability of its digital anti-money laundering solution by adding global information and insights company, TransUnion, to its identity-check partners.
SmartSearch now offers a “triple-bureau” electronic verification and digital compliance platform using global data partners Experian, Equifax, and now TransUnion, to give regulated firms the industry’s most reliable match and pass rate.
The JROC is formed of HM Treasury, the Competition and Markets Authority, the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR). The FCA and PSR are the committee’s co-chairs.
The JROC is playing a leading role in taking the next steps to realise the full potential of open banking, which currently has over 7 million active users in the UK. This will bring opportunities for new products and services, allowing consumers and businesses to share data and make payments in more convenient and efficient ways.
The Derivatives Service Bureau (DSB), the global golden source of reference data for Over the Counter (OTC) derivatives, today announces the launch of its Unique Product Identifier (UPI) Service User Acceptance Test (UAT) environment and associated Client Onboarding Support Platform (COSP).
Financial IT speaks with Kai Phillips, Head of PreSales EMEA at Facephi at FinovateEurope
CleverCards, the global payments platform provider, is pleased to announce the appointment of Gaurav Khurana as the company’s Senior Vice President of Marketing.
CaixaBank is celebrating this year's "World Earth Day" with an innovative activity at its "all in one" centres in Ibiza, Burgos, Valencia, Barcelona and Madrid. All customers visiting these centres will be able to participate in the metaverse in a memorable experience on caring for the environment. Through virtual reality, the bank intends to raise awareness of how to contribute to creating a cleaner and more sustainable world in a fun and educational way.
Clear Street Receives $270M Investment from Prysm Capital in Series B
Partnerships
OKX Wallet Announces Blur Partnership, Revamps OKX Earn
Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.
In a statement released by HSBC on Tuesday, the bank’s US and America’s chief executive, Michael Roberts, stated: “As we look to grow our business, this offering allows us to connect the innovation ecosystem with the size, strength, and international network of HSBC.”
Smart Engines has launched an AI solution for reading credit card numbers recorded in any format. Banking customers simply point their smartphone camera at a printed or handwritten credit card number to make a transfer or pay for a purchase at a point of sale. The neural network recognises the number combination in real-time and automatically enters it into the payment form. The user only has to confirm the transaction.
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