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Digital ID and verification in retail banking

Identity and verification are interlinked concepts which have a critical role in the continued digital evolution of retail banking. From showing photographic ID to completing a transaction in person, to demonstrating proof of address when applying for a financial product, customer ID&V is something long-familiar in retail banking. But these methods of identification and verification still rely on the presentation of a physical document, a practice which defies the nature of digital banking, and conflicts with its main benefits like convenience, speed and remote access.

Wednesday, March 8, 2017 - 07:56
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Financial IT
VIMOC Technologies Unveils neuBox™ IoT Edge Computing Device

VIMOC Technologies (VIMOC), an innovator of smart infrastructure solutions and Internet of Things (IoT) applications, today announced the general availability of the neuBox™ OEM solution, the industry's first IoT edge computing device with an integrated embedded platform for artificial intelligence (AI), enabling the transformation of sensory data into business and operational intelligence through the fast, scalable and global deployment of IoT applications and cloud services.

Wednesday, March 8, 2017 - 07:43
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Financial IT
China Consumer Finance Challenge Needs High-Tech Solution

The challenge of expanding consumer finance to China’s vast population can only be effectively tackled with a high-tech solution that enables low-cost customer acquisition, Dr. Zhengyu (Zane) Wang, founder, chairman and chief executive officer of China Rapid Finance Limited (“CRF” or “the company”), told the LendIt USA 2017 conference.

Wednesday, March 8, 2017 - 07:20
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Financial IT
Ooredoo chooses Telia Carrier for International IoT Connectivity

Telia Carrier has added another operator to its dedicated Internet of Things (IoT) Backbone. Global communications company Ooredoo has chosen Telia Carrier to provide IoT backhaul connectivity to Ericsson’s DCP platforms in Europe.

Wednesday, March 8, 2017 - 07:09
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/news/it-innovations/ooredoo-chooses-telia-carrier-international-iot-connectivity
Financial IT
Dalton Street Capital Selects Flextrade for Global Cross Asset Trading

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced that Sydney-based Dalton Street Capital, in partnership with Prodigy Investment Partners, has deployed the FlexTRADER EMS to facilitate global cross asset trading of futures, equities and FX.

Wednesday, March 8, 2017 - 06:59
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/news/it-innovations/dalton-street-capital-selects-flextrade-global-cross-asset-trading
Financial IT
Dataiku Named a Strong Performer in Predictive Analytics and Machine Learning Solutions

Dataiku, the maker of the collaborative data science software, has been named a strong performer in “The Forrester Wave™: Predictive Analytics And Machine Learning Solutions, Q1 2017.” The report by Forrester Research included 14 of the most significant vendors in Predictive Analytics and Machine Learning (PAML) solutions and evaluated them against 23 criteria grouped by current offering, strategy, and market presence. 

Wednesday, March 8, 2017 - 06:47
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Financial IT
Top 10 Global Bank Leverages Kofax Mobile Capture to Provide First to Market Capabilities

●     Kofax®, a leading provider of software to simplify and transform the First Mile™ of business, today announcedthat a top 10 global bank has deployed the Kofax Mobile Credit and Debit Card Framework and the Kofax Mobile Capture™ Platform to allow customers to activate new credit cards by taking a picture of the card using the bank’s mobile app.

Wednesday, March 8, 2017 - 06:38
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/news/mobile-banking/top-10-global-bank-leverages-kofax-mobile-capture-provide-first-market
Financial IT
Expressly drives E-commerce conversion

Bosham Capital Advisors (BCA), Investment, Advisory and Capital Markets Specialists, has been appointed by Expressly to develop strategic positioning in the UK and to work with the company on an investment strategy for a second round capital raise later this year. 

Expressly combines a robust technology platform and brand network which has redefined targeting, conversion and user experience. Founded in London in 2014, Expressly has already developed a network of over 200 UK based brands including well-known names such as Addison Lee and Hotel Chocolat. 

Wednesday, March 8, 2017 - 06:30
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Financial IT
Path Solutions celebrates its 25th anniversary

Path Solutions, a major provider of mission-critical, cutting-edge Sharia-compliant financial software solutions, celebrates 25 years old. Thus celebrating its pioneering role in creating a new ground-breaking industry. 

Tuesday, March 7, 2017 - 10:32
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/news/islamic-finance/path-solutions-celebrates-its-25th-anniversary
Path Solutions
Swiss Finance Council Represents a New Discussion Paper

On the occasion of its third public event in Brussels, the Swiss Finance Council (SFC) presents its new Discussion Paper entitled ‘The EU and its Partners: Banks and Investors in a Digital World’.

Tuesday, March 7, 2017 - 10:17
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/news/investment/swiss-finance-council-represents-new-discussion-paper

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