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Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats

Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore.

Friday, September 13, 2024 - 10:10
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Financial IT
Slide Insurance Deploys One Inc’s Full Suite of Digital Payments Solutions for Homeowners
One Inc, the leading payments network for the insurance industry, announced today that Slide Insurance (‘Slide’) has successfully implemented the full suite of One Inc’s best-in-class digital payments solutions Premi
Friday, September 13, 2024 - 10:07
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Financial IT
Cross-Border Payments Come to Digital Wallets—Bypassing Banks—in 130 Countries Through Chimoney and The Interledger Foundation
The Interledger Foundation, an organization building and advocating for an open, interoperable payment network, and Chimoney, a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.
Thursday, September 12, 2024 - 15:04
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Financial IT
Mastercard Invests in Continued Defense of Global Digital Economy with Acquisition of Recorded Future

Mastercard today expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used to secure today’s digital economy – in the payments ecosystem and beyond.

Recorded Future is the world’s largest threat intelligence company, with more than 1,900 clients across 75 countries, including the governments of 45 countries and over 50% of the Fortune 100.

Thursday, September 12, 2024 - 14:37
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Financial IT
Bunq to Nearly Double Global Headcount in 2024

In a bid to become the world’s first global neobank for digital nomads, bunq announces plans to grow its global headcount by 70% by the end of 2024. This move comes as 40 million people globally are choosing location-independent careers. In order to fulfill its ambitious expansion strategy, bunq now hires for a variety of roles across all of its offices and remotely as it awaits licenses to operate in the US and the UK. 

Thursday, September 12, 2024 - 14:34
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Financial IT
Cohesity Expands Partnership with CrowdStrike to Enhance Threat Detection and Accelerate Response

Cohesity, a leader in AI-powered data security, today announced an expanded strategic partnership with CrowdStrike to strengthen threat detection and response. This partnership combines Cohesity’s robust data protection capabilities with CrowdStrike's world-class threat intelligence feeds, setting a new standard for comprehensive cybersecurity in backup and recovery solutions.

Thursday, September 12, 2024 - 14:28
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Financial IT
Convera Selected by Routable for Its Extensive Global Payments Network

Convera, a global leader in commercial payments,  today announced its partnership with Routable, the most efficient and flexible accounts payable  platform. This integrated partnership will enable Routable to leverage Convera’s global network  and expertise in foreign exchange and compliance to provide its customers with increased global reach, reliability, and competitive rates.  

Thursday, September 12, 2024 - 14:24
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Financial IT
Standard Chartered Launches Digital Asset Custody Service in the UAE

Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial hub, following the memorandum of understanding (MoU) signed in May 20231.

Thursday, September 12, 2024 - 13:49
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Financial IT
New Bill Introduced in Parliament to Clarify Crypto’s Legal Status

The Property (Digital Assets etc) Bill, introduced in Parliament today, will mean that for the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law.

Thursday, September 12, 2024 - 13:35
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Financial IT
ComplyAdvantage Prepares for Next Phase of Growth, Hires Paul Kizakevich as CRO

 

ComplyAdvantage, the leader in financial crime intelligence, today announced that it has named Paul Kizakevich as chief revenue officer (CRO).

Thursday, September 12, 2024 - 13:24
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Financial IT

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