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iProov to provide biometric technology to challenger bank Knab, part of AEGON

Today, iProov is proud to announce that its technology is to be deployed by Dutch challenger bank Knab, to provide an effortless online biometric experience to its nearly 500,000 customers.

Knab customers can now effortlessly authenticate themselves for a growing range of sensitive transactions using iProov’s patented Flashmark technology. The partnership with the online-only bank, which is owned by multinational life insurance, pensions and asset management firm AEGON, sees iProov collaborate with a challenger bank for the first time.

Wednesday, July 1, 2020 - 08:43
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/news/banking/iproov-provide-biometric-technology-challenger-bank-knab-part-aegon
Financial IT
Global Blockchain Services Provider OKGroup Leads USD$2 Million Pre-IPO Investment Round in Fiat-to-Crypto Payment Service Provider (PSP), Banxa

Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced it has completed its USD$2 million Pre-IPO investment round. The round was led by OK Group, a world-leading blockchain technology and service provider focused on the research and development of the technology and its all-scenario applications..

Wednesday, July 1, 2020 - 08:34
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/news/investment/global-blockchain-services-provider-okgroup-leads-usd2-million-pre-ipo-investment
Financial IT
SumUp ramps up support for local businesses via Gift Card partnership with Google My Business

UK-based payments service provider SumUp (www.sumup.co.uk), today announces a  partnership with Google - which will enable merchants using Google My Business to add support links to Gift Cards directly to their Business Profile on Google - in its latest move to support small businesses during COVID-19 and beyond.

Wednesday, July 1, 2020 - 08:29
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/news/payments/sumup-ramps-support-local-businesses-gift-card-partnership-google-my-business
Financial IT
FintechOS named the hottest FinTech Startup in Europe

FintechOS, the global provider of technology for the digital transformation of banks, insurance companies and other financial services organisations, is this year’s hottest FinTech Startup, according to the Europas Awards, an event launched in 2009 by Techcrunch’s editor-at-large, Mike Butcher, to recognize and celebrate the innovation emerging from Europe’s burgeoning tech startup scene. The Awards were announced live on 25th June during an online event.

 The deciding panel of judges included a diverse range of European tech founders, investors and journalists.

Wednesday, July 1, 2020 - 08:26
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/news/banking/fintechos-named-hottest-fintech-startup-europe
Financial IT
Keeping Honest Payment Service Institutions Honest

Following the collapse of Wirecard, James McGivern, Head of NBFI at Cashfac, reinforces the need for operational accounting and reconciliation in eMoney and Payment Service Providers

The other day an ex-colleague reminded me that we had tried to sell a reconciliation solution to Wirecard about 5 years ago, but they sent us away with a flea in our ear.  Ah! If only they had listened!  Well maybe.  They say that locks only “keep honest men honest” and similarly detailed, well reconciled accounting records only keep honest payment service institutions honest.

Wednesday, July 1, 2020 - 08:22
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/blog/payment-services/keeping-honest-payment-service-institutions-honest
Financial IT
Aire launches Pulse to help lenders spot sudden financial change created by COVID-19

Aire, the UK’s fourth FCA-regulated credit reference agency (CRA), has launched a powerful new insight product to help lenders make sense of the post COVID-19 borrowing landscape. Pulse from Aire helps protect credit providers and consumers from bad debt, and supports fair and FCA-compliant account handling, by enabling lenders to collect up-to-date information from customers about their changing financial circumstances. 

Wednesday, July 1, 2020 - 08:17
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/news/lending/aire-launches-pulse-help-lenders-spot-sudden-financial-change-created-covid-19
Financial IT
UK-based Allica Bank launches using Profile’s comprehensive banking platforms

Profile Software, the international financial solutions provider, announced today that Allica Bank, the bank that empowers small and medium businesses to succeed, has comprehensively implemented Profile’s FMS.next, and RiskAvert to manage their banking and risk management operations. Profile and Allica Bank worked together to speedily deliver the digital banking solutions under challenging timescales.

Wednesday, July 1, 2020 - 08:15
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/news/banking/uk-based-allica-bank-launches-using-profiles-comprehensive-banking-platforms
Financial IT
Cloud9 Chooses OpenFin to Empower “Virtual Trading Desks”

Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has partnered with OpenFin, the operating system (OS) of finance, to streamline the deployment of Cloud9’s voice trading APIs for institutional traders. With a heightened focus on mobility and universal access to the virtual trading floor, Cloud9 and OpenFin are empowering the optionality and flexibility that firms are seeking in their daily workflows.

Wednesday, July 1, 2020 - 08:12
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/news/trading-systems/cloud9-chooses-openfin-empower-virtual-trading-desks
Financial IT
Ethically accelerating businesses with the use of Artificial Intelligence

Businesses have an opportunity to discover the opportunities and challenges as well as benefits of Artificial Intelligence in a free Immersive Tech Session on Monday 6th of July from 10am to 12pm. The session will be hosted by Wo King from Hi9 and Tariq Rashid who leads the Data Science Cornwall community.

Wednesday, July 1, 2020 - 07:48
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/news/artificial-intelligence/ethically-accelerating-businesses-use-artificial-intelligence
Financial IT
Wolters Kluwer Finance, Risk & Reporting triumphs in Risk magazine awards for third consecutive year

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award from Risk magazine.

Wednesday, July 1, 2020 - 07:38
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/news/compliance/wolters-kluwer-finance-risk-reporting-triumphs-risk-magazine-awards-third
Financial IT

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