Revelock Teams Up With Veritran to Boost Digital Banking Defences
- 4 years 4 months ago
- Banking
Revelock, the pioneer in behavioural biometric-based online fraud detection and response, and Veritran, a global company that facilitates digital transformation through its Enterprise Low-Code Platform, have announced a formal partnership designed to reduce digital bank fraud losses and call center costs, by taking an Active Defense approach.
Central Bank of Mongolia Transforms its Infrastructure with Compass Plus
- 4 years 4 months ago
- Payments, Banking, Infrastructure
The Central Bank of Mongolia, also known as the Bank of Mongolia, has successfully completed a national project to migrate its entire payments infrastructure to Compass Plus solutions. Due to increasing transaction volumes, the bank needed a scalable, reliable, and trusted solution that could service large volumes of transactions, as well as a vendor that could provide the bank with the support they required.
Kuwait-based Path Solutions Shortlisted in Three Categories at GAMECHANGERS (ACQ5) GLOBAL AWARDS 2021
- 4 years 4 months ago
- Lending, Banking, Islamic Finance
We are glad to share the news that Path Solutions and its Group Chairman & CEO have been announced as winners in the GAMECHANGERS (ACQ5) GLOBAL AWARDS 2021, under the following categories:
Atom Bank Passes £3Bn Mortgage Completions and £1Bn Savings Milestones
- 4 years 4 months ago
- Online Banking, Mobile Banking
Atom Bank, the UK’s first app-based bank, achieved two significant milestones this week when it exceeded £3bn of residential mortgage completions and on the same day hit £1bn in deposits into its Instant Saver accounts.
Crown Agents Bank Launches EMpower Pensions
- 4 years 4 months ago
- Banking
Crown Agents Bank, the UK regulated financial service partner of choice for governments, international development organisations, banks and pension administrators, has today announced the launch of its new pension solution, EMpower Pensions. EMpower Pensions offers effective, end-to-end pensions management from one easy-to-use interactive platform, including Biometric Facial Authentication Proof of Life technology, reporting and convenient... more
GoDoFX Selects Integral for FX & CFD Trading Technology
Integral, a leading FX technology provider, announced today that GoDoFX, a next-generation retail brokerage in the UAE, has selected Integral MarginFX to support the growth of its FX and CFD business. GoDoFX was founded earlier this year by industry veterans in the UAE forex market. The group takes a client-first approach and aims to establish long-term and sustainable trading relationships with its retail customers.
ikigai Brings Apple Pay to All Clients
- 4 years 4 months ago
- Wealth Management, Payments, Banking
ikigai, the first UK app to bring together everyday banking and wealth management, today brings its customers Apple Pay, a safer, more secure and private way to pay that
Final Future Fund Data Shows Scheme Completed £1.14Bn of Convertible Loan Agreements
- 4 years 4 months ago
- Banking
£1.14bn worth of convertible loans completed for 1,190 companies 41% of funding to companies outside London worth £463.7m 78% of funding to mixed gender senior management teams
Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA
• Leading issuer and acquirer in Nordic and Baltic regions enhances its fraud platform with ACI Fraud Management • ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy, contributing to a sizeable decrease in card fraud
The World Federation of Exchanges Seeks Risk-based Calibration of EU Bank Capital for National Equity Markets
- 4 years 4 months ago
- Banking
The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published its response to the European Banking Authority (EBA) concerning recognition of developed equity markets. In responding to the EBA, the WFE is seeking to promote market-based finance globally, by advocating for proportionate and predictable capital treatment for equity-market risk.
Banking Industry Must Encourage and Support Innovation That Preserves Customers' Access to Cash
- 4 years 4 months ago
- Banking
Commenting on the news that The Treasury has opened a consultation, with a view to legislating to protect the access to cash services for the public within "a reasonable distance" of their home or business premises, Matt Phillips, VP, Head of Financial Services at Diebold Nixdorf UK&I, says:
Zopa Marks Successful First Year as a Bank, Fueling Future IPO Plans
- 4 years 4 months ago
- Banking
Zopa’s next generation bank is on course to reach profitability before the end of the year, making it among the fastest challenger banks to reach this milestone Success is due to Zopa’s focus on providing lending products which address the unmet needs of UK consumers The first year of the bank has seen increased demand vs. expectation and generated higher than expected growth across a number of metrics, including revenue Zopa is on track for... more
Bigbank Chooses Nets for Issuer Processing and Digital Payments
Bigbank, an international Estonian-owned bank offering personalised financial products, has chosen European payment services provider Nets, to provide issuer processing and digital services, including virtual cards and mobile payment capabilities.
Chartered Banker Institute and HSBC UK Join Forces to Support Responsible and Sustainable Banking
- 4 years 4 months ago
- Wealth Management, Banking
The Chartered Banker Institute (the Institute) and HSBC UK are working together to develop the knowledge and expertise of the bank’s commercial banking team to better support UK businesses navigate a transition to net zero. More than 500 colleagues are expected to participate in the Institute’s Green and Sustainable Finance e-learning over the next year.
