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Open Banking can help kick start lending – Equifax comments

Robert McKechnie, Open Banking Expert at Equifax UK, underlines the pivotal role of Open Banking amid the COVID-19 crisis:

“COVID-19 has had a dramatic effect on many people’s finances, altered consumer behaviour and disrupted working environments. As we navigate a path out of the lockdown, Open Banking has the capacity to support financially vulnerable people, kick start lending and enable the financial services sector to adjust to a state of altered normality. 

Wednesday, July 22, 2020 - 12:34
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Financial IT
TransUnion enhances document verification solution as new research finds identity fraud at center of many digital COVID-19 scams

New research from TransUnion’s (NYSE: TRU) Consumer Financial Hardship studies found that phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic. Among consumers reporting being targeted with digital COVID-19 schemes globally, 27% said they were hit with pandemic-themed phishing scams. To help prevent identity fraud that can result from phishing, TransUnion announced today new enhancements to its Document Verification solution.

 

Tuesday, July 21, 2020 - 21:14
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Financial IT
Nethone expands leadership team with new COO and Head of Business Development

Nethone’s leadership bolstered by an ex-McKinsey & ex-Samsara COO Mateusz Czech, and a payments-veteran Head of BD from the largest French acquiring bank Groupe BPCE, Patrick Nickel-Drexler.

 

Both executives will lead Nethone in driving operational excellence, delivering outstanding client experience, and achieving the commercial growth goals to establish an international footprint for one of the fastest growing tech companies in Central Europe.

 

Tuesday, July 21, 2020 - 21:12
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/news/people-moves/nethone-expands-leadership-team-new-coo-and-head-business-development
Financial IT
Banca Profilo will now offer four discretionary mandates powered by the Artificial Intelligence of MDOTM

After the positive results of 2019, Banca Profilo grows the suite of products powered by Artificial Intelligence launching three additional discretionary mandates advised by MDOTM, the Fintech company based in London and Milan that develops AI-driven investment strategies for institutional investors.

 

Tuesday, July 21, 2020 - 21:09
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Financial IT
Adobe, IBM and Red Hat announce strategic partnership to advance customer experience transformation

Adobe (Nasdaq: ADBE), IBM (NYSE: IBM) and Red Hat today announced a strategic partnership to help accelerate digital transformation and strengthen real-time data security for enterprises, with a focus on regulated industries. The intent of the partnership is to enable companies to deliver more personalized experiences across the customer journey, driving improved engagement, profitability and loyalty.

Tuesday, July 21, 2020 - 21:06
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/news/security/adobe-ibm-and-red-hat-announce-strategic-partnership-advance-customer-experience
Financial IT
BlueSnap named BigCommerce Preferred Partner

BlueSnap, the All-in-One Payment Platform to help merchants increase sales and reduce costs, today announced it has been named a BigCommerce Elite Technology Partner, providing more than 60,000 BigCommerce customers access to BlueSnap’s global payment technology. Beginning today, BigCommerce customers can leverage BlueSnap’s All-in-One Payment Platform through the BigCommerce App Marketplace. 

 

Tuesday, July 21, 2020 - 21:04
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Financial IT
SEED Group partners with ABAKA to bring the world’s first AI-powered digital saving and retirement platform to the UAE

SEED Group, a subsidiary company of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announced a strategic partnership with ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, that will allow United Arab Emirates (UAE) financial institutions to integrate ABAKA’s 

Tuesday, July 21, 2020 - 21:02
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/news/artificial-intelligence/seed-group-partners-abaka-bring-worlds-first-ai-powered-digital-saving
Financial IT
MYPINPAD expands global presence through partnership with Mswipe and Visa

MYPINPADthe global leader in secure personal authentication solutions today announces new strategic partnerships with Mswipe, India's largest independent mobile POS merchant acquirer and network provider, and the world’s leader in digital payments, Visa, to propel contactless payments in India.

 

Tuesday, July 21, 2020 - 21:00
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/news/payments/mypinpad-expands-global-presence-through-partnership-mswipe-and-visa
Financial IT
QuantHouse and EliData partner to offer market data and execution capabilities to financial institutions across Europe

QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that 

Tuesday, July 21, 2020 - 20:58
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Financial IT
Flywire helps education agents and institutions streamline international tuition payments

Flywire, a high-growth vertical payments company, today announced new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide. As part of its comprehensive receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimize agent relationships and minimize potential fraud.  

 

Tuesday, July 21, 2020 - 20:56
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Financial IT

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