Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions completed when neither the card nor the cardholder is physically present (card-not-present or CNP fraud), as well as cards taken out by criminals under false identities (application fraud). These were identified as the two key concerns, as well as the biggest fraud challenges faced by banks in 2019.

 iNBOTiQA, the Intelligent Business Email platform that transforms how the leading business communication channel is used, unveils machine learning and big data analytics to further revolutionise the way companies take control and realise the true potential of their inboxes.

New AI capabilities will further help corporates unlock the power of their inboxes

Global fintech leader Avaloq today announces the launch of avaloq.one, a new, intuitive and collaborative platform to help the financial services industry in their efforts working more effectively with fintechs. avaloq.one aims to seamlessly connect leading fintechs and their solutions, to Avaloq’s global financial clients.

ACI Worldwide (NASDAQ:ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts.

Appetite for digital banking among UK consumers has grown emphatically in the past year, according to the latest research from global financial services technology leader FIS™ (NYSE: FIS).

NatWest has today announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile app using Face ID or Touch ID, without the need for a card reader – a UK banking first.

The new feature also allows businesses to authorise multiple users to setup payments, which business owners can then subsequently approve on the go through their app, providing additional flexibility and ease over payment management.

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, announced the company’s innovative product roadmap for 2019 improvements to its Bank Secrecy Act and anti-money laundering (BSA/AML) and fraud prevention software.  

The roadmap was unveiled at the BAM+ User Group Conference, which concluded last Wednesday in Austin, Texas. 

PIN verification will soon become a thing of the past. Thanks to advances in fingerprint biometric technology, the reality of being able to authenticate a payment with a simple touch of the finger is set to explode across the globe. Whilst some countries remain conservative in terms of adopting this technology – Asia is one region driving the charge for biometric fingerprint payment cards. Countries such as India and China have already welcomed fingerprint biometric payment smart cards into their everyday lives.

BlueBay has chosen Alpima to further equip its sales, product and multi-asset teams to intelligently visualise fund data and product characteristics across its full fixed income suite. Offered as a white-label version of its cloud-based platform, ALPIMA has worked closely with BlueBay to customise it to its exact requirements.

Luc Leclercq, BlueBay’s COO, says: “We are pleased to engage with ALPIMA, whose modular and adaptive platform offers the speed, flexibility and robustness we need to serve our clients in the digital age.”

Cappitech, a leading provider of regulatory reporting and intelligence solutions for the financial services industry, today announced the launch of RTS 28 Market Intelligence, a product that allows financial institutions to use regulatory compliance data to their own advantage.  The electronic surveillance and analytics tool assesses firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average.