Lightico, pioneer of next-generation digital customer interactions, welcomes Rich Corriss as its new Director of Customer Success. A banking and technology veteran with nearly 30 years of experience, Mr. Corriss will help lead Lightico’s continued growth in the banking, auto finance and credit union space following rapid growth in 2020 including a number of regional banks and credit unions.

NICE Actimize, a NICE business (Nasdaq: NICE) today announced that FACEPOINT, which launched an industry-leading biometric risk screening engine, has joined the X-Sight Marketplace, bringing its cutting-edge facial recognition technology for advanced KYC and watch list risk screening to the ecosystem.

Distributed ledger technology (DLT) provides powerful solutions to achieve decentralized operations, but running a DLT platform securely remains a challenge. One critical problem in such platforms is the secure management of the keys that are used in the DLT operations. Using a cryptographic technique called secure Multiparty Computation (MPC), it is possible to overcome the key management problem in DLT platforms.

Tech is disrupting the conventional banking sector from back office core banking to customer-facing processes. Islamic banking is no different. Wael Malkawi, executive director at ICS Financial Systems (ICSFS), spoke with IBS Intelligence about how technology has disrupted Islamic banks in recent years.

How has Islamic banking evolved/changed in the past few years?

Client onboarding has become a key strategic focus for many financial institutions, driven by the need to reduce costs, increase efficiencies and manage risk. As the pace of change increases, it is critical to understand which initiatives banks should be prioritising in order to meet their goals.

Today Chase, the largest co-brand card issuer, and Air Canada, Canada’s largest airline and a Star Alliance founding member, announced a strategic partnership that will make Chase the exclusive issuer of the airline’s Aeroplan U.S. credit card. As a part of this partnership, Mastercard will become the exclusive payments network for the new offering in the U.S.

Leverate, an innovative software as a service provider for foreign exchange brokers, is today announcing its collaboration with Sumsub, an identity verification platform that covers KYC/KYB/AML needs. Both companies will work together to provide quick and reliable KYC and chargeback protection checks for Leverate’s SaaS based trading platforms worldwide.

Salesforce, [NYSE: CRM], the global leader in CRM, today announced SalesforceHyperforce, a reimagination of the company’s platform architecture built to securely and reliably deliver the Salesforce Customer 360, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Industries and more, on major public clouds.

Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, has launched a report: ‘The Future of Banking-as-a-Service’. It includes in-depth analysis and findings on how industry attitudes towards BaaS have changed in response to the COVID-19 pandemic.