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Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups

From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow.

Tuesday, July 27, 2021 - 15:45
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/news/payments/mastercard-launches-new-start-path-cryptocurrency-and-blockchain-program-startups
Financial IT
PayPal Accounts for Nearly Half of All Digital Wallet Complaints in the US, Almost 4,500 in the Last Four Years

Over the last four years, consumer complaints about digital wallets and mobile payment apps in the United States surged as more and more Americans choose cashless payments.

Between April 2017 and April 2021, the US Consumer Financial Protection Bureau received nearly 9,300 complaints related to mobile or digital wallets, and the majority of them aimed at one platform.

Tuesday, July 27, 2021 - 15:32
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/news/payments/paypal-accounts-nearly-half-all-digital-wallet-complaints-us-almost-4500-last-four
Financial IT
UTP Group Experiences 300% Increase in Demand for Faster Processing

 UTP Group (UTP), a European card payment solutions provider, which now has UK operations in Manchester, Hastings and Reading, is seeing increased demand for its services as more and more merchants look to quick and convenient fintech solutions to aid business recovery.  

UTP has seen:

Tuesday, July 27, 2021 - 14:58
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/news/payments/utp-group-experiences-300-increase-demand-faster-processing
Financial IT
Bloomberg Launches Market-Driven Daily Credit Risk Indicator

Bloomberg today announced its Market-Implied Probability of Default (MIPD) product, a fully market-driven creditworthiness indicator, is now available to both Enterprise Data and Bloomberg Terminal clients globally. MIPD enables clients to easily incorporate creditworthiness metrics within their existing workflows for a more holistic approach to credit risk management. 

Tuesday, July 27, 2021 - 14:53
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/news/risk-management/bloomberg-launches-market-driven-daily-credit-risk-indicator
Financial IT
Corefy Announces Launch of a New Regional Office to Expand its Presence in the APAC Region

Payment orchestration platform Corefy has today announced the opening of the first Regional Office in the Asia-Pacific region with the aim to expand the company's global coverage.  

Tuesday, July 27, 2021 - 14:47
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/news/payments/corefy-announces-launch-new-regional-office-expand-its-presence-apac-region
Financial IT
Five Key Anti-money Laundering Directive Changes Impacting Compliance Teams

A new whitepaper released by Trulioo, the leading global identity verification company, explores the implications of the Sixth Anti-Money Laundering Directive (6AMLD) and the European Union’s bid to tackle rampant financial crime.

Tuesday, July 27, 2021 - 14:39
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/news/security-and-compliance/five-key-anti-money-laundering-directive-changes-impacting-compliance
Financial IT
EasySend Partners with PSCU to Swiftly Digitize and Enhance Customer Experience

EasySend, a no-code platform for building and optimizing digital customer journeys, announced a partnership with PSCU, the United States’ premier payments credit union service organization (CUSO). The partnership will integrate EasySend’s platform into PSCU’s back-end systems, helping to export and import data.

Tuesday, July 27, 2021 - 14:30
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/news/payments/easysend-partners-pscu-swiftly-digitize-and-enhance-customer-experience
Financial IT
The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform
  • Retail Lending and Commercial Express components add to advanced digital banking functionality available on FIS’ flagship cloud-based core banking platform.
  • Since launch in 2020, FIS Modern Banking Platform has grown to more than 60 advanced components through the platform’s ecosystem of FIS and third-party offerings.

 

Tuesday, July 27, 2021 - 14:01
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/news/lending/future-banking-now-fis-adds-new-digital-lending-commercial-onboarding-components-modern
Financial IT
Japanese Provider of IT Services for Various Stores Smaregi has Adopted mobile OCR by Smart Engines

Smaregi, serving more than 98 thousand stores in Japan, has integrated the OCR module by Smart Engines into its mobile applications. Automatic extraction of passport data allows streamlining VAT-refund procedures in tax free shops for foreign citizens in Japan.

Tuesday, July 27, 2021 - 13:48
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/news/cloud/japanese-provider-it-services-various-stores-smaregi-has-adopted-mobile-ocr-smart-engines
Financial IT
Demystifying Data: how CFOs Can Use Data During a Fund Raise

Face-to-face negotiation and human chemistry still play an important role during fundraising rounds. However, that is changing as data becomes the defining factor in negotiations. The past year and a half, in particular, has shone a spotlight on the value of data in how a business’ potential is assessed. This puts the onus on CFOs to consider how they use data analytics when making a case for funding. 

Tuesday, July 27, 2021 - 13:43
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/blog/data-managment-fundraising/demystifying-data-how-cfos-can-use-data-during-fund-raise
Financial IT

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