The blockchain startup Exscudo is planning to issue a debit card promising to deliver financial tools that no other banking product in Europe can match even remotely! By reengineering how modern payment systems work and minimizing the number of banks-intermediaries, Exscudo has achieved the ability to provide customers cashback of 0.1% for all payments within Europe and up to 0.2% on all payments outside of European countries.
FOREX Bank, the market-leading foreign exchange bureau in the Nordics, has chosen Tieto’s automated platform to replace its origination and credit scoring platform for unsecured credit. The end-to-end solution helps the bank improve its lending processes, reducing the usual lead time by more than 50 percent and with record lead times of just minutes.
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SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced its partnership with Cassini Systems, the leading provider of pre and post trade margin analytics for buy side derivatives trading, to help financial institutions comply with BCBS-IOSCOmargin requirements for uncleared OTC derivatives.
APEXX, the first single marketplace for global payments, announces its award-winning solution is now available in Russia, with the ability to process payments through the national Mir payment system for the first time.
Equiniti Riskfactor, the leading provider of risk management and fraud analytics software for the global commercial finance market, finds that invoice finance and asset-based lending returned to growth in the second half of 2018, through analysis of UK Finance’s industry statistics1.
Total advances at the end of December 2018 totalled £22.7b, up over £100m from the previous quarter and up 2.4% (over £500m) on the previous year. This growth follows two consecutive quarterly declines in the balance of advances in the first half of 2018.
IMImobile today announced the availability of its enterprise cloud communications platform IMIconnect on Salesforce AppExchange. This can enable businesses utilising the Salesforce Platform to rapidly launch and orchestrate two-way, trigger-based customer communications, across 10+ communication channels including SMS, WhatsApp, Apple Business Chat, In App and Push, amongst others.
Customer service has recently taken a central focus for insurance carriers. The exploits of digitally-native InsurTechs such as Metromile and Lemonade have demonstrated the appeal that personalized, seamless product offerings can create. In a 2019 Insurance Nexus survey, a majority of respondents felt that the customer experience would see the greatest impact from the implementation of AI.
Lithuania, Latvia, Estonia, Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan are a few of the countries, where ASHBURN International implements its large-scale projects. The company specializes in the development, implementation and maintenance of EFTPOS terminal networks and loyalty program solutions. The plans for the next 3-5 years include several Asian countries, Germany, the United Kingdom, as well as the markets of the USA and Africa.