With FICO® Originations Solution, Powered by FICO® Platform, financial institutions can eliminate barriers to customer acquisition as more consumers opt to open accounts digitally

• Debt levels among variable workers* have increased by ten percentage points throughout the pandemic, with the number of variable workers with debts of between £5,000 and £10,000 more than doubling from 2020 (10% to 23%).
• Of the 25-34 year olds that expect to increase borrowing in the next six months, 31% need additional funds to buy Christmas gifts for friends and family.

Despite industry concerns over the UK’s direction after Brexit (not to mention post-pandemic), there are compelling reasons to believe the country will continue to play a vital role within the payments ecosystem. 

Collaboration will enable Western Union Business Solutions’ customers to support a range of initiatives with certified carbon credits, from renewable energy to clean water access, as part of their hedging strategy

Trulioo’s automated identity verification solution receives a positive assessment as an age verification system (AVS) concept in telemedia

Proponents of digital currencies claim that in the not-too-distant future, they will become a new financial reality. Despite the current instability in the stock market, digital assets continue to grow in popularity on a global scale. More than 73 million people will have used a blockchain wallet by the end of 2021, according to predictions (15.87 % growth within 6 months).

Bankdata, one of the largest Danish fintech companies, has recently completed the most substantial front-to-back-to-risk re-platforming program in its history: the implementation of a shared capital markets platform for eight Danish banks. Regulatory compliance was a key driver for implementing Murex’s MX.3 platform.

Financial investments are the most lucrative way to increase income, but they don’t come without risks. Until recently, term deposits or savings accounts were the go-to options, but lately, alternatives such as crypto coins (Bitcoin, Ethereum) have been considered. Their popularity is proven by the size of their market, which currently reached $3,000billions, according to CoinGecko.

TVS Credit Services Limited and the Indian Institute of Technology Madras (IITM) signed a Memorandum of Understanding (MoU) to design and boost innovation programs and carry out joint research activities. This partnership acquires significance as TVS Credit - one of the fastest-growing NBFCs in the country, and IITM- a symbol of excellence in academia are coming together to collaborate on Innovation programs, provide training, research and consultation to young professionals.

GBG, the experts in digital identity, has integrated mobile network operator (MNO) data into its identity verification and anti-fraud solutions. This external source of data can help businesses further strengthen their multi-level identity and fraud prevention strategies and drive confident decisions on customers.