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. Read more »
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. Read more »
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. Read more »
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... Read more »
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. Read more »
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. Read more »
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... Read more »
The Global Blockchain Business Council (GBBC), the leading industry association for the blockchain ecosystem, announces the launch of its Legal and Regulatory Group (LRG). The GBBC’s LRG will be focused on advising GBBC member companies and the broader ecosystem on legal and regulatory issues originating from the development and adoption of blockchain technology. Read more »
Emailage, the global leader in online fraud prevention and email risk assessment, is introducing its cutting-edge RapidRisk Score fraud detection solution for the Asia and Pacific market, a purpose-built solution to create fast and reliable risk analysis. For payment processors, card issuers and merchants this means tougher fraud checks for every transaction – mitigating potential fraud and minimizing damages. Read more »
Santander InnoVentures, Santander Group’s global corporate venture capital fund, has appointed Chris Gottschalk as a senior adviser to lead the $200M fund’s strategic direction in the US. Chris is based in San Francisco and brings extensive venture capital experience to the team. Read more »
Oracle has extended the artificial intelligence (AI) capabilities within Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Enterprise Performance Management (EPM) Cloud. The latest machine learning-based innovations include an expense reporting assistant, project management digital assistant, advanced financial controls and project-driven supply chain management. Read more »
Money20/20 today announced the results of its second industry-wide diversity survey, used to gain a greater understanding of gender dynamics and perceptions across companies in the Asia-Pacific region within the Financial Services ecosystem. This research is part of the Money20/20 programme Rise-Up, a global initiative with local perspective, designed to provide support and provide actionable skills for women looking to take the next steps to... Read more »
Surecomp, the global trade finance fintech leader,hosted a series of client summits between March 11-14, 2019. The Asia Client Summit was made up various one-day events in Hong Kong, Singapore and Bangkok, Thailand respectively. The summit was attended by delegates from over a dozen Asia-based Surecomp client banks and affiliates. The Asia Client Summit featured presentations about Surecomp’s new digital offering and updates to their core-... Read more »
MYPINPAD, the global leader in secure customer authentication solutions, has launched an authenticator platform to allow financial institutions to freely develop PSD2 compliant solutions in a secure sandbox environment. The proposition is strengthened through a collaboration between MYPINPAD and AimBrain, a leader in biometric authentication for fraud prevention, the result being an unrivalled solution for banks and PSPs to seamlessly meet PSD2... Read more »
Bolero International announces that Andrew Raymond has been appointed as its new CEO. Andrew joined Bolero in August 2017 as Global Sales Head and is now taking the CEO role with the mission to bring to market new and innovative client solutions which leverage the Bolero capabilities and address the current and emerging market opportunities. Read more »
