Smart Engines developed a new version of credit card scanner to OCR data of cards of 21 worldwide and national payment systems. The new OCR scans more types of free-form credit cards with a breakthrough AI-powered 2X speed up.

Wins showcase LexisNexis Risk Solutions as an industry leader for

its range of fraud and identity solutions

LexisNexis® Risk Solutions announced today that it is the recipient of four prominent awards, all of which highlight excellence in the fields of fraud prevention, identity authentication and verification and cybersecurity. The wins include:

In a significant development for the global payments industry, BNY Mellon has collaborated with Microsoft to migrate infrastructure supporting wire payments into Microsoft Azure. As part of this advancement, BNY Mellon has developed a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system.

To better serve clients and the financial services industry, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of the Broadridge Anti-Money Laundering Solution (AMLS), bringing new, leading-edge capabilities to Broadridge’s existing Intelligent Automation suite. The new solution delivers an end-to-end machine learning (ML) powered Anti-Money Laundering platform covering transaction monitoring, name screening, alert prioritization, and customer risk scoring.

 Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.

The Lendable MSME Fintech Credit Fund (the "Fund") is designed to unlock access to financial services for over 150,000 Micro, Small and Medium Enterprises (MSMEs), providing investors with high impact exposure to important markets and the potential of high uncorrelated returns.

SIX today launches its “SIX Tax on Instrument” service to provide client advisors and portfolio managers in the Wealth Advisory industry with tax classifications on individual securities. The service allows users to analyse the tax consequences of financial products, to anticipate the tax-related costs of an investment on that security and to find better investment options.

For a long time, contactless payment with a smartphone was only possible with methods such as Apple Pay or Google Pay. Apple has still not opened its NFC interface for other payment solutions. But with the new Computop Close-by service, the use of NFC signals for payment is about to become much easier for retailers and service providers. Using this solution, the payment process will shift to the smartphone - without an app and without registration. 

* Interact Switch designed to counter customer attrition rates in the mortgage sector
* Ensures mortgage lenders remain at the cutting-edge of technology innovation in financial services
* The launch of Interact Switch will enable mortgage lenders to improve their Environmental and Social Governance (ESG) offering.

UK-based financial technology specialist ieDigital has announced the launch of Interact Switch, a digital solution designed to help mortgage lenders retain customers at product offer maturity.

The world’s premier financial services conference, Sibos 2021, takes place on October 11-14.  David Rafalovsky, Sberbank executive vice president, Sber CTO, and head of Technology,  participated in this year’s event. He held a conversation about how Sber transformed from a  financial institution into a tech company. 

BCS Global Markets (“BCS GM”), the investment banking services division of Russia’s largest independent broker, has appointed Julien Mareschal as a new Chief Risk Officer at BCS UK.