Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups
- 4 years 8 months ago
- Payments, FinTech StartUps
From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow.
PayPal Accounts for Nearly Half of All Digital Wallet Complaints in the US, Almost 4,500 in the Last Four Years
- 4 years 8 months ago
- Payments
Over the last four years, consumer complaints about digital wallets and mobile payment apps in the United States surged as more and more Americans choose cashless payments. Between April 2017 and April 2021, the US Consumer Financial Protection Bureau received nearly 9,300 complaints related to mobile or digital wallets, and the majority of them aimed at one platform.
UTP Group Experiences 300% Increase in Demand for Faster Processing
- 4 years 8 months ago
- Payments
UTP Group (UTP), a European card payment solutions provider, which now has UK operations in Manchester, Hastings and Reading, is seeing increased demand for its services as more and more merchants look to quick and convenient fintech solutions to aid business recovery. UTP has seen:
Bloomberg Launches Market-Driven Daily Credit Risk Indicator
- 4 years 8 months ago
- Risk Management, Credit Risk
Bloomberg today announced its Market-Implied Probability of Default (MIPD) product, a fully market-driven creditworthiness indicator, is now available to both Enterprise Data and Bloomberg Terminal clients globally. MIPD enables clients to easily incorporate creditworthiness metrics within their existing workflows for a more holistic approach to credit risk management.
Corefy Announces Launch of a New Regional Office to Expand its Presence in the APAC Region
- 4 years 8 months ago
- Payments
Payment orchestration platform Corefy has today announced the opening of the first Regional Office in the Asia-Pacific region with the aim to expand the company's global coverage.
Five Key Anti-money Laundering Directive Changes Impacting Compliance Teams
- 4 years 8 months ago
- Security and Compliance, Security
A new whitepaper released by Trulioo, the leading global identity verification company, explores the implications of the Sixth Anti-Money Laundering Directive (6AMLD) and the European Union’s bid to tackle rampant financial crime.
The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform
- 4 years 8 months ago
- Lending, Banking, Core Banking, Cloud
Retail Lending and Commercial Express components add to advanced digital banking functionality available on FIS’ flagship cloud-based core banking platform. Since launch in 2020, FIS Modern Banking Platform has grown to more than 60 advanced components through the platform’s ecosystem of FIS and third-party offerings.
Japanese Provider of IT Services for Various Stores Smaregi has Adopted mobile OCR by Smart Engines
- 4 years 8 months ago
- Cloud, IT Innovations
Smaregi, serving more than 98 thousand stores in Japan, has integrated the OCR module by Smart Engines into its mobile applications. Automatic extraction of passport data allows streamlining VAT-refund procedures in tax free shops for foreign citizens in Japan.
Eventus Systems wins Trade Surveillance Product of the Year in 2021 Risk Technology Awards
- 4 years 8 months ago
- Asset Management, Risk Management
Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, today won the award for Trade Surveillance Product of the Year in the 2021 Risk Technology Awards. The firm won the comparable honor in 2019, also for its Validus platform that now provides not only trade surveillance and risk monitoring but also anti-money laundering and transaction monitoring.
The Finance Sectors Fintech is Disrupting Right Now
- 4 years 8 months ago
- Blockchain, Cryptocurrencies
The global fintech sector is expected to be worth more than $324 billion by 2026, growing significantly each year. In terms of geography, APAC and the Americas are those that are flourishing the most, closely followed by Europe. The former share some 40% of the market between them. Fintech is present in almost every industry, but which is it disrupting the most?
Bybit Taps Sumsub to Provide a Secure Trading Experience for 2mln Users
- 4 years 8 months ago
- Digital Identity, Trading Systems, Cryptocurrencies, AML and KYC
Bybit, one of the top five major cryptocurrency exchanges, partners with leading identity verification solution provider Sumsub to eliminate possible safety threats for millions of users. The companies will achieve this through enhanced KYC/AML routines and secure identity checks that take no longer than 5 minutes, even in the most complex cases.
TruNarrative and ieDigital Partner to Help Banks and Building Societies With Digital Transformation & Customer Onboarding
- 4 years 8 months ago
- RegTech, Banking
TruNarrative and ieDigital join forces to facilitate digital transformation and provide cutting edge customer onboarding and monitoring processes, reducing account opening time to less than four minutes. Leeds Digital banking platform partners with Leeds based RegTech to provide Banks and mutual societies access to market leading ID verification, eKYC, AML and account monitoring technology. Banks, payment services and FinTechs trust the...
New Research from IBM Reveals UK Banks Need to go Further to Strengthen Customer Trust in a More Digital World
- 4 years 8 months ago
- Banking, Security
Banks have an opportunity to build on new digital services quickly introduced during the pandemic to offer customers more personalisation and reassurance on security
Spectrum Markets: Sentiment Data Showed Retail Traders were Bullish on US Indices Last Week, Suggesting They Were Buying the Dip
- 4 years 8 months ago
- Trading Systems
Spectrum Markets, the pan-European trading venue for securitised derivatives, saw European retail investors were bullish on US indices last week, suggesting they were buying the dip. Spectrum’s SERIXTM indicator of European retail investor sentiment (see below for more information on methodology) values for S&P and DOW both hit their month high, 119 and 116 respectively on 19th.
Cryptomathic and UTIMACO Partner to Deliver Integrated eIDAS Compliant Remote Qualified e-Signature Solution for Banks, Governments and Trust Service Providers
- 4 years 8 months ago
- Banking, Security, Cybersecurity, Compliance
Consolidated security model enables providers to leverage the functionality of their preferred authentication solution to seamlessly introduce qualified remote e-signing services with the highest level of legal assurance
