Leumi Card, one of Israel’s leading consumer credit card service providers, will implement Feedzai’s Artificial Intelligence (AI) platform to enhance its fraud detection and prevention capabilities, while continuing to provide a frictionless omnichannel experience for its customers.
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A recent study from financial services technology leader FIS (NYSE: FIS) shows a dramatic increase over the past year in the use of mobile devices and other digital banking channels by consumers in India, demonstrating the extent to which country’s demonetisation efforts are changing consumer banking habits.
İşbank, the largest private bank in Turkey has made a bigger move into the startup ecosystem.
Since forming an agile and energetic Innovation Team within the Digital Banking Unit, the bank has become much closer to the tech entrepreneurs of the country. The Innovation team is working remotely at Kolektif House Levent (the hottest co-working space for the Turkish start-up ecosystem in Istanbul) since mid-October. The team became the bridge between the startups and the Bank.
HDFC Bank Ltd., one of India's premier digital banks has partnered with ZineOne to provide rich digital banking experience to its customers across all digital channels.
As part of this partnership, ZineOne, a start-up based in Silicon Valley, will deploy its innovative Customer Interactions Hub (CIH) to provide personalized, seamless, and rich digital banking experiences across all digital banking channels of the bank. It will benefit over 40 million customers of the bank.
Mexico’s central bank, Banco de Mexico, has selected Finastra to transform its legacy risk management platform. The central bank expects to deploy FusionRisk with the goal of enabling faster, more sophisticated risk analysis as ever-changing and volatile markets add new layers of complexity to effective risk management for Mexico’s financial system.
“Higher and higher fees, little innovation, fewer branches: banks have left their customers behind,” says Alexey Rubtsov, the co-founder of a new German fintech startup, “We want to flip that power dynamic into the hands of the customer and put the people first”
With a unique strategy and technology to deliver more convenient money management to the public, zuper GmbH — a startup team based in Munich — has just launched a €500,000 campaign at Seedrs, Europe's largest equity crowdfunding platform.
Personetics, the leading provider of cognitive applications for the financial services sector, is taking AI-powered banking to the next level with the launch of Personetics Act.
The new solution introduces automated algorithmic programs that simplify banking and act on behalf of customers to help them achieve their financial goals.
On June 8, 2017 the Singapore-based C.O.S.S. PTE LTD (aka COSS) co-organized a blockchain conference named BlockCon - Disruptive Innovation, in association with the Chamber of Commerce and Industry of Romania, that hosted the event at its headquarter in the downtown of Bucharest.
Barclays, State Street, Credit Suisse, Bank of Ireland & Fidelity are among 10 host sponsors who will utilise the 2nd Blockchain for Finance Conference, Europe (October 3-4, Dublin) as a platform to debate critical challenges facing financial services when it comes to blockchain adoption.
As financial institutions continue to plot the path to commercialisation, the conference will help you move your DLT projects from POC to deployment by discussing:
How can you make your bank’s customers control transactions on their accounts and use it as an effective fraud protection mechanism? Customer communication and preferences can be vital in detecting fraud early and costs far less.
Consider the following scenarios: