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Baanx partners with HooYu to strengthen KYC processes

 Leading customer onboarding and KYC technology firm, HooYu, has been deployed by mobile crypto and fiat specialist Baanx. The HooYu Identify KYC journey has been selected to provide identity verification for the onboarding of new customers.  

Wednesday, March 18, 2020 - 10:52
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/news/aml-and-kyc/baanx-partners-hooyu-strengthen-kyc-processes
Financial IT
Acronis Offering Collaboration Solution at No Charge to All Service Providers to Support Remote Workers During Coronavirus Outbreak

Acronis, a global leader in cyber protection, announced today that in response to the current coronavirus pandemic, it is making Acronis Cyber Files Cloud, the company’s secure, enterprise-grade file sync and share solution, free to all service providers through 31 July, 2020, so they can help their clients quickly transition to working remot

Wednesday, March 18, 2020 - 10:48
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/news/cybersecurity/acronis-offering-collaboration-solution-no-charge-all-service-providers-support
Financial IT
iwoca announces OpenLending which aims to serve 2 million SMEs by 2023 in fintech first

Iwoca, one of Europe’s largest business lenders has today announced OpenLending, the new platform that – for the first time – can unify fintechs and banks to extend iwoca’s lending capabilities to over two million UK businesses.

Wednesday, March 18, 2020 - 10:45
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/news/platform-technology/iwoca-announces-openlending-which-aims-serve-2-million-smes-2023-fintech
Financial IT
Why 2020 is the year of cross-border ecommerce in Japan

Japan is the world’s third-biggest economy. Its GDP per capita is just under USD 40,000, according to GDP per capita (current USD) - Japan, World. The World Bank. That’s almost four times the global average. The average Japanese consumer spends USD 1,666 a year with ecommerce merchants. And the Japanese ecommerce market, already worth over USD 160 billion, is growing by an impressive 9% a year, according to internal PPRO research.

Wednesday, March 18, 2020 - 10:39
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/blog/cross-border-ecommerce/why-2020-year-cross-border-ecommerce-japan
Financial IT
Travelex Statement in response to today’s Finablr Announcement

Travelex notes today’s announcement released by Finablr, its indirect parent company, regarding their appointment of an accounting firm to advise on maximizing value in the Finablr Group.

Travelex reaffirms that it continues to take decisions, with input from PwC and supported by its other external advisors, regarding the operation of its business in the interests of all relevant stakeholders. Travelex notes that it has maintained a legal and financing structure within the Finablr Group that is capable of operating separately, on a stand-alone basis.

Wednesday, March 18, 2020 - 10:16
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/news/payments/travelex-statement-response-todays-finablr-announcement
Financial IT
Robocash Group Wins the Microfinance Company of the Year Award in Russia
Last Friday, an affiliated lending company of the fintech holding Robocash Group - MFC Zaymer - won the title of “The Microfinance Company of the Year" in Russia. As noticed, in 2019, the company showed the best performance in the segment by the three criteria: stability, dynamic development and innovativeness.
 
Wednesday, March 18, 2020 - 10:08
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/news/p2p-lending/robocash-group-wins-microfinance-company-year-award-russia
Financial IT
How Smart Home Devices Are Transforming Insurance

If there’s one feedback that insurance providers are continuously receiving from homeowners, it’s that consumers want insurance tailor-fit to their specific households. No more one-size-fits-all policies that no longer apply to society’s changing needs and wants.

This is a demand that InsurTech promises to meet, powered by its range of developing tech and the increasing adoption of smart home devices.

Wednesday, March 18, 2020 - 09:53
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/news/insurtech/how-smart-home-devices-are-transforming-insurance
Financial IT
Aspire partners with GeTS in furthering fintech hub ambitions

In furthering Singapore as the fintech hub of Southeast Asia, Global eTrade Services (GeTS) has announced its partnership with Aspire, a Singapore-based startup with aspirations of being Southeast Asia's SME Neobank leader.

The partnership will facilitate easier access for customers, especially SMEs, to trade financing on CALISTA™ Finance through CALISTA™, a global supply chain orchestration platform run by GeTS.

Wednesday, March 18, 2020 - 07:00
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/news/trading-systems/aspire-partners-gets-furthering-fintech-hub-ambitions
Financial IT
Strands Joins Oracle Marketplace to Help More Banks Embrace AI

Strands will now offer its product suite on Oracle’s Banking-as-a-Service platform, allowing financial institutions of all sizes to leverage the Open Banking framework

Wednesday, March 18, 2020 - 06:53
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/news/artificial-intelligence/strands-joins-oracle-marketplace-help-more-banks-embrace-ai
Financial IT
Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant.

Tuesday, March 17, 2020 - 12:46
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/news/artificial-intelligence/absa-regional-operations-selects-kai-deliver-groundbreaking-digital
Financial IT

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