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Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution

·       Lloyds Bank Commercial Banking will be utilising Mastercard’s Open Banking Merchant Payment Solution to launch PayFrom Bank.

·       The solution enables individuals to make online payments directly from their bank accounts, giving consumers more choice over how they pay and providing merchants with instant settlement of funds

·       United Response, a charity supporting vulnerable people, is the first merchant to sign up.

Monday, July 26, 2021 - 12:18
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/news/open-banking/mastercard-and-lloyds-bank-partner-new-open-banking-checkout-solution
Financial IT
Axyon AI Delivers First Ever use of Market Anomaly Detection in Digital Asset Space

Axyon AI partners with DeFi FX exchange DeFinity to develop Deep Learning AI market anomaly detection

Monday, July 26, 2021 - 11:58
40891
/news/artificial-intelligence/axyon-ai-delivers-first-ever-use-market-anomaly-detection-digital-asset
Financial IT
Maslife Partners with Paynetics for a New AI-powered Payment and Wellbeing App

New partnership aims to improve financial wellbeing through a gamified app experience

Monday, July 26, 2021 - 11:44
40890
/news/artificial-intelligence/maslife-partners-paynetics-new-ai-powered-payment-and-wellbeing-app
Financial IT
GFT Appoints Carlton Hopper as UK Managing Director

·       A highly experienced, energetic, and results-driven business leader 

·       Driving accelerated cloud adoption and technology modernisation programmes for clients 

·       Spearheading regional expansion plans for the UK

·       Forging greater collaboration with GFT's global teams to deliver increased value to shared international clients

Monday, July 26, 2021 - 11:30
40889
/news/it-innovations/gft-appoints-carlton-hopper-uk-managing-director
Financial IT
Glue42 Embraces the Demise of the App with its Latest Enterprise Release

New functionality enables quick development wins for best possible trading experience for financial firms of all sizes; paves path to hyper-personalization of trading environments. 

Monday, July 26, 2021 - 11:16
40888
/news/it-innovations/glue42-embraces-demise-app-its-latest-enterprise-release
Financial IT
UK Banks Welcome Extra Time on Strong Customer Authentication Changes

42% plan to use the extension to improve rollout plans, but poll reveals uncertainty still surrounds SCA regulation

UK banks have welcomed the six-month extension to implement Strong Customer Authentication (SCA) for e-commerce transactions, with 42% planning to use the extra time to improve and enhance the sophistication of their SCA roll out plans, according to a poll conducted by LexisNexis® Risk Solutions, the global data and analytics company.

Monday, July 26, 2021 - 11:00
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/news/authentication-technology/uk-banks-welcome-extra-time-strong-customer-authentication-changes
Financial IT
Empowering and Upskilling MSMEs with financial literacy, PayNearby University Aims to Educate and Handhold its Retailers

Aims to create a thriving ecosystem for its retail partners by helping them utilize PayNearby’s platform extensively to earn more 

Monday, July 26, 2021 - 10:48
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/news/payments/empowering-and-upskilling-msmes-financial-literacy-paynearby-university-aims-educate
Financial IT
Financial Crime* Prevention Costs UK Financial Institutions an Average of £374K Every Year, According to New Research From the Global Legal Busines, DWF

The survey of 300 financial crime decision makers working in the financial services sector in the UK, also found that on average, organisations spent £53 annually on financial crime defence for each customer relationship they have. Moreover, they refused an average of £90,240.77 and exited an average of £90,869.52 worth of UK customer relationships for financial crime reasons during the last 12 months.

Monday, July 26, 2021 - 10:14
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/news/security/financial-crime-prevention-costs-uk-financial-institutions-average-ps374k-every-year
Financial IT
Easy Algorithmic Trading For Hedge Funds

Hedge fund managers come in many ways - Some make decisions with their gut and some with mathematical data. Either way, there are many succeeding at that. But you know, there’s a reason the most successful investors who have relied on their gut instinct are stars - it’s damn hard to do.

Monday, July 26, 2021 - 10:03
40884
/news/trading-systems/easy-algorithmic-trading-hedge-funds
Zumo Launches £100K ‘Refer and Share’ Crypto Giveaway

New referral programme rewards users and new customers with Bitcoin SV cryptocurrency

Zumo, the Scottish crypto app, has announced the return of its popular Refer and Share programme designed to help people get comfortable with crypto. 

The first Refer and Share campaign launched in October 2020 and brought 20,000 new users into crypto through the Zumo app, offering a simple and low-barrier way for new participants to enter the crypto space. 

Monday, July 26, 2021 - 09:56
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/news/bitcoins/zumo-launches-ps100k-refer-and-share-crypto-giveaway
Financial IT

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