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Pismo and Drona Pay to Boost Security in Digital Payments

Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular,  projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise.

India follows the international trend. UPI transactions increased by 91% last year. Meanwhile, complaints on the NCRP rose by 34% between Q1 and Q2, 2022.

Tuesday, February 7, 2023 - 15:46
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Financial IT
Lightning Network Infrastructure Provider Neutronpay Announces Partnership with LSI-Pay & Top Up to Power Newly Launched Mobile Wallet in Colombia

Neutronpay, a fast-growing Lightning Network Infrastructure provider today announced its partnership with LSIpay from LSI GROUP, S.A. Guatemala and Top Up app from DIXHI COMPANY S.A.S Colombia, a digital wallet provider. The partnership will initially launch with Neutronpay providing Top Up app users with the ability to receive real-time Lightning Network to Peso remittances from out-of-country Colombians.

Tuesday, February 7, 2023 - 15:34
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Financial IT
Banxa and MetaMask Partner to Make it Easier to Access Web3

BANXA Holdings Inc. ("Banxa'' or "The Company"), the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask, to simplify on-and-off ramping fiat to crypto.

Tuesday, February 7, 2023 - 15:22
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Financial IT
Drawbridge Continues to Prioritize Software Innovation, Appoints New Chief Product & Technology Officer

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced the appointment of Nick Pastoressa as Chief Product & Technology Officer. Pastoressa will oversee the company’s technology strategy and platform evolution, product innovation and lead the product and technology teams.   

Tuesday, February 7, 2023 - 15:17
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Financial IT
Forward Bank Launches Larky’s nudge® to Improve Personalization, Mobile-First Communication

Larky, a fintech provider helping financial institutions proactively connect with their audience in the right place and at the right time, today announced its launch with Marshfield, Wis.-based Forward Bank. The bank has launched Larky’s nudge® push notifications to offer its account holders more personalized, timely communications. 

Tuesday, February 7, 2023 - 15:16
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Financial IT
Tarabut Gateway Partners With KSA Micro-Lending Pioneer Tamam

Tarabut Gateway, MENA’s leading regulated open banking platform, announces a new partnership with Tamam at LEAP Riyadh 2023. Tamam is a Shariah-compliant micro-lending service provider based in Saudi Arabia and a subsidiary of Zain, a leading telecommunications company in the MENA region.                               

Tuesday, February 7, 2023 - 15:14
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Financial IT
NatWest Empowers Customers to Reduce Climate Impact with Cogo’s Carbon Footprint Tracking Feature on AWS

Global carbon footprint management fintech, Cogo, today announced that its carbon footprint management software is now listed on AWS Marketplace, a digital catalogue with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). The listing will give more than 325,000 active AWS customers around the

Tuesday, February 7, 2023 - 15:09
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Financial IT
Over 95% of Indians and Indonesians Hold Digital IDs Linked to Government Databases, Making Document-free Onboarding a Promising Reality for Businesses

Sumsub, an all-in-one verification platform, today published its guide, Streamlining identity verification in emerging markets. This new resource will help businesses in the fintech, crypto, gambling and trading industries onboard more users from developing countries, specifically Argentina, Brazil, India, Indonesia

Tuesday, February 7, 2023 - 13:14
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Financial IT
Akurateco Announces Elavon Certification

European-based international white-label payment gateway & payment orchestration platform provider, Akurateco, has successfully certified its integration to Elavon, a global payment provider and a subsidiary of U.S. Bank.

Tuesday, February 7, 2023 - 13:03
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Financial IT
Afterpay Reduces Fraud Risk with Cloudera While Managing Data at Scale

Cloudera, the hybrid data company, today announced that ‘Buy Now, Pay Later’ (BNPL) leader, Afterpay, is using the Cloudera Data Platform (CDP) to run streaming analytics and advanced machine learning for real-time fraud detection.

Tuesday, February 7, 2023 - 12:48
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Financial IT

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