Daon, a global leader in mobile biometric authentication technology, announced today that it won a 2016 NAFCU Services Innovation Award. The Innovation Awards is the credit union industry’s most recognized awards competition for groundbreaking solutions. The annual competition highlights outstanding innovations that help credit unions thrive in an increasingly saturated financial services market. Daon was selected for its IdentityX^®Platform that benefits the credit union industry.
 

Broadridge Financial Solutions, Inc.  has entered into a definitive agreement to acquire the North American Customer Communications (“NACC”) business of DST Systems, Inc. (NYSE:DST) for $410 million in cash, subject to customary working capital and other closing adjustments.

To many people, the Internet of Things (IoT) still sounds rather futuristic. However, it is already here and improving lives on a global scale. In 2015,Business Insider reported 10 billion devices were connected to the internet, with the prediction of this figure to increase by 28 per cent to 34 billion devices by 2020.

 Datalliance announces immediate availability of the latest release of the cloud-based Datalliance VMI platform with a number of important new capabilities focused on enhanced productivity, flexibility and ease-of-use in several important areas. As with all releases, enhancements were driven by feedback from the global user community combined with Datalliance's vision for the continued evolution of the VMI process. New capabilities are available for immediate use by Datalliance customers and their trading partners at no cost, and with no need to install or upgrade software.

Visa Inc. reports a series of initiatives to help accelerate EMV chip migration for merchants. Visa has streamlined its testing requirements, amended and simplified the terminal certification process, and committed to investing further resources and technical expertise in a manner that can reduce timeframes by as much as 50 percent. Visa is also making policy changes to help limit exposure to counterfeit fraud liability for merchants who are not yet chip-ready.

It’s no secret that young Britons struggle with their finances, however new research has revealed that these difficulties could be eased if all financial activity were available to view on one single digital platform.

The study, commissioned by financial technology firm Intelligent Environments, reveals that almost a quarter of 18-24 year olds (24 per cent) are currently in debt. 44 per cent of these youngsters say they struggle to manage their money, while the same proportion also say going into debt is one of their biggest causes of stress.