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Co-operative Bank Opens Loans Marketplace
Co-operative Bank

The UK's Co-operative Bank has launched a loans marketplace, enabling users to sift through a panel of alternative lenders to find the best deals.

Thursday, November 28, 2019 - 06:52
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/news/retail-banking/co-operative-bank-opens-loans-marketplace
Financial IT
Upbit Leaks $49 million in Ethereum
Upbit

South Korea's Upbit, which styles itself as 'the most-trusted crypto-asset exchange', has temporarily frozen withdrawals and deposits after losing $49 million worth of ether in a single transaction.

The exchange confirmed the loss this morning, noting that 342,000 ether has disappeared from its wallets due to an "abnormal transaction" in the early hours of Wednesday morning.

Upbit later posted a support notice saying it had suspended its cypto-asset deposit and withdrawal service due to "server maintenance".

Thursday, November 28, 2019 - 06:38
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/news/payments/upbit-leaks-49-million-ethereum
Financial IT
FinTech Start-Up BetterTradeOff Unveils Life-Planning Platform ‘Up’ To Help Singaporeans Take Control of the Future Through Better Financial Decisions
BetterTradeOff

FinTech start-up BetterTradeOff (BTO) announced today the launch of a revolutionary online solution that allows people to take control of their future and unleash new possibilities through better financial decisions.

 

Thursday, November 28, 2019 - 05:11
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/news/trading-systems/fintech-start-bettertradeoff-unveils-life-planning-platform-help-singaporeans
Financial IT
RiskFirst’s PFaroe Recognised as ALM Product of the Year in the Risk Markets Technology Awards 2020
RiskFirst

Fintech company RiskFirst (A Moody’s Analytics Company) has won the Asset-Liability Management (ALM) product of the year award for its market-leading risk management platform, PFaroe, in the Risk Markets Technology Awards.

 

The 2020 awards, which recognise global best practice in risk management and technology excellence, drew 180 pitches across nearly 30 categories, with the winners decided by a panel of nine industry experts and two members of the Risk.net editorial team.

 

Thursday, November 28, 2019 - 05:07
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/news/risk-management/riskfirsts-pfaroe-recognised-alm-product-year-risk-markets-technology-awards
Financial IT
Bank Branch Closures Risk Leaving People Behind

Although we are moving towards a cashless society, and card spending is overtaking cash spending, a rapid move towards digital banking risks leaving people behind. The latest report from Which? highlights this problem, and it’s now businesses’ and financial institutions’ turn to work together to ensure millions of people are not left struggling to access everyday banking tasks.

Wednesday, November 27, 2019 - 14:14
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/blog/banking/bank-branch-closures-risk-leaving-people-behind
Financial IT
Air Europa Selects Riskified PSD2 Optimization to Maximize Revenue and Improve Customer Experience

Riskified, the payments and fraud-prevention solution provider announced today that Air Europa, the airline division of Globalia, has chosen Riskified PSD2 Optimization to allow the airline to maintain a frictionless booking experience and maximize revenue under the EU’s new PSD2 regulation. Riskified data shows that European merchants could miss out on up to 15 percent of their revenue if they do not proactively address the regulation. 

Wednesday, November 27, 2019 - 11:56
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/news/e-commerce/air-europa-selects-riskified-psd2-optimization-maximize-revenue-and-improve-customer
Agreement between SIA and Unicocampania to enable contactless payments on public transport in Naples and at regional level

The world of public transport is preparing to face a new challenge. Thanks to the agreement signed between SIA and the Unicocampania Consortium, trials will start in the second half of 2020 in Naples, Salerno, Avellino and their respective provinces for payment of tickets for local public transport using contactless credit and debit cards.

Wednesday, November 27, 2019 - 11:44
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/news/payments/agreement-between-sia-and-unicocampania-enable-contactless-payments-public-transport
Host Card Emulation – key technologies to secure cloud-based mobile payments

The rise of ‘tap-to-pay’ payments made using smartphones is showing no signs of slowing down. It is estimated that mobile payments will amount to $14 trillion by 2022. To keep up with this trend, banks and issuers must be proactive in offering solutions that suit the evolving needs of their customers.

Wednesday, November 27, 2019 - 11:32
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/blog/cloud/host-card-emulation-key-technologies-secure-cloud-based-mobile-payments
Onfido and b-sharpe announced a partnership for faster customer oboarding

Onfido announced a partnership with b-sharpe, a leading Swiss company in online currency exchange, to provide a better sign up experience to its users when verifying  identities on their platform. Onfido’s AI-powered identity verification technology allows b-sharpe to drastically accelerate its customer onboarding while remaining financially compliant.

Wednesday, November 27, 2019 - 10:44
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/news/digital-identity/onfido-and-b-sharpe-announced-partnership-faster-customer-oboarding
SEBA launches its investment solutions with new crypto index

SEBA, an integrated bank focused on digital assets, launches its investment solutions and introduces a new index for cryptographic assets. The SEBA Crypto Asset Select Index (SEBAX) is a dynamic, risk-optimised index with a broad market exposure of the crypto asset market. The underlying proprietary methodology addresses the pitfalls of traditional market value-weighted indices and allows optimized diversification.

Wednesday, November 27, 2019 - 10:37
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/news/banking/seba-launches-its-investment-solutions-new-crypto-index

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