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Banking on the Subscription Economy: Consumer demands drive the shift to services from their banks

Zuora®, the leading cloud-based subscription management platform provider, has unveiled research about a striking shift in consumer sentiment towards banking services. Nearly half (44%) of consumers would consider switching to banks on a subscription basis in return for personalised service bundles. This is significant in that over one-third (35%) of all UK consumers have never switched their bank.

Tuesday, October 29, 2019 - 14:32
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Financial IT
Envestnet | Yodlee Announces Intelligent APIs at Money 20/20 to Ease Creation of Hyper-Personalized Financial Wellness Tools

 Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform for digital financial services, today unveiled new intelligent APIs and an enhanced developer experience which builds upon the platform’s industry-leading data to supercharge the creation of hyper-personalized financial wellness solutions. Available through the enhanced Envestnet | Yodlee developer experience, these intelligent APIs make it easy for developers to deliver personalized, actionable insights via their applications.

Tuesday, October 29, 2019 - 12:59
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Financial IT
World Retail Banking Report 2019: Inventive Banking is key to maximizing banks’ strongholds and delivering exceptional last-mile customer experiences

Banks must collaborate with start-ups to remain relevant as the financial ecosystem evolves from Open Banking1 [1]to ‘Open X[2]

Tuesday, October 29, 2019 - 12:46
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Financial IT
Salt Edge releases an open source solution for SCA and dynamic linking under PSD2

Salt Edge presents to the open source community its new project – Salt Edge Authenticator. It is a solution for strong customer authentication (SCA) and dynamic linking developed to bring safety and innovation to the payments market and its end-users.

Tuesday, October 29, 2019 - 12:34
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/news/financial/salt-edge-releases-open-source-solution-sca-and-dynamic-linking-under-psd2
Lumi Wallet integrates EOSDT stablecoin and NUT

Lumi Wallet is expanding its EOS tokens collection – now the EOSDT stablecoin, the price of which is linked to the US Dollar, and the Native Utility Token (NUT) are available in the wallet. These are the first of many popular EOS tokens that are going to be added to the wallet’s portfolio.

Tuesday, October 29, 2019 - 12:26
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/news/e-wallets/lumi-wallet-integrates-eosdt-stablecoin-and-nut
Financial IT
Confluence Acquires StatPro, Global Portfolio Analytics Solution and Data Provider

Confluence Technologies, a global leader

Tuesday, October 29, 2019 - 11:19
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/news/ma-deals/confluence-acquires-statpro-global-portfolio-analytics-solution-and-data-provider
Equifax and AccountScore release new Open Banking credit risk index

AccountScore and Equifax have today announced the release of a new credit risk index for the consumer lending sector which allows financial institutions to more effectively understand consumers applying for credit products.

Tuesday, October 29, 2019 - 10:15
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/news/data/equifax-and-accountscore-release-new-open-banking-credit-risk-index
Jumio Launches Real-Time Verification Solution, Powered Exclusively by AI

Jumio, the leading AI-powered trusted identity as a service provider, today announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. It is designed to remove friction from the user onboarding process, while still fighting online identity fraud and meeting AML and KYC compliance mandates.

Tuesday, October 29, 2019 - 09:56
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/news/artificial-intelligence/jumio-launches-real-time-verification-solution-powered-exclusively-ai
TIBCO recognised as a Market Leader in the Ovum Decision Matrix: Cloud Platforms for Hybrid Integration

 TIBCO Software Inc., a global leader in integration, API management, and analytics, has been recognised as a Market Leader in the Ovum Decision Matrix: Cloud Platforms for Hybrid Integration. TIBCO surpassed Ovum’s criteria for market impact, scalability and enterprise fit, cohesiveness and innovation, B2B and mobile/backend integration, API platform, and cloud integration/iPaaS.

Tuesday, October 29, 2019 - 09:51
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/news/cloud/tibco-recognised-market-leader-ovum-decision-matrix-cloud-platforms-hybrid-integration
Credit Card Issuers Must Target Digital Payment Apps, Deloitte Reports
Deloitte

Deloitte's Center for Financial Services today reports that consumers are looking toward the broader ‘ecosystem’ to simplify their payments experience as innovative payment instruments become more prevalent.

Tuesday, October 29, 2019 - 09:30
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/news/payments/credit-card-issuers-must-target-digital-payment-apps-deloitte-reports
Financial IT

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