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LSEG Risk Intelligence, a leader in compliance, risk management and fraud prevention solutions, has announced the launch of two innovative products designed to enhance financial security and drive operational efficiencies on a global scale.
Global Account Verification checks payee and account details match before transfers are confirmed. Document and Biometric Verification uses AI and deep learning to conduct identity checks with outstanding accuracy.
TBC Bank Uzbekistan, the country’s largest mobile-only bank, has signed a long-term strategic partnership with Mastercard, as the digital bank continues to build out its infrastructure for global payments and money transfers.
Paydock, a leading eCommerce payment orchestration platform, has announced a strategic partnership with Aevi, a pioneer in card-present payment orchestration, to deliver a true omnichannel payment orchestration offering for financial institutions, merchants and independent software vendors (ISVs).
Financial organizations have elevated their GenAI efforts from experimentation to scaling and value creation. With its ability to address Europe's ongoing shortage of skilled workers and provide companies with competitive advantages in both the short and long term, GenAI has the potential to increase Europe’s annual GDP growth by 0.4% to 0.7%, resulting in an additional $1 trillion in GDP by 2030.
Thunes, the Smart Superhighway to move money around the world, today announced a strategic collaboration with Circle, a global digital financial firm and the issuer of stablecoins USDC and EURC through its regulated entities, to accelerate innovation in stablecoin liquidity management.
Cohesity, a leader in AI-powered data security, today announced the appointment of Vasu Murthy as SVP and Chief Product Officer. Murthy is a veteran with over 25 years of experience building enterprise software at scale. He has successfully led software launches at companies ranging from day-zero startups to large, global brands, with strengths in driving rapid growth and managing complex multi-product scaling efforts.
Tokenization is a major focus of Hong Kong FinTech Week this year, as banks and technology companies presented various use cases of tokenization as a next wave of fintech innovations.
On Monday, Eric Jing, Chairman & CEO of Ant Group and Howard Lee, Deputy Chief Executive of the Hong Kong Monetary Authority discussed this new technology, as well as artificial intelligence and digital transformation, in a fireside chat at Hong Kong Fintech Week.
