LPA Expands French Team with Two New Senior Hires
- 4 years 9 months ago
- Financial, Insurance, Consultancy, People Moves
LPA Group, the capital market technology and innovation leader, today announced the expansion of its French office with two new senior hires: Michael Lemke as Head of Client Delivery Solutions and Vincent Stefanović as Client Director Sales for the Buy-Side. Based in Paris, Michael and Vincent will join Thomas Geist, Senior Sales Account Manager, in promoting LPA Group’s innovative technology solutions for financial services and supporting the...
Fake Driving Licences Account for Over Half of Fraudulent Attempts to Open Digital Wallet Accounts in the UK
- 4 years 9 months ago
- Digital Identity, E-Wallets
Fourthline, the digital identity and verification specialist, has released findings from its Digital Identity Fraud Analysis Tool, which looked specifically at the different ways fraudsters have attempted to create digital wallet accounts in the UK over the last six months. The UK Digital Wallet ID Fraud Pulse, analysed data over the period January 2021 to June 2021, to reveal criminals most commonly used counterfeit driving licences when...
Commercial Bank of Kuwait Selects TCS BaNCS to Transform Treasury Operations and Drive Future Growth
- 4 years 9 months ago
- Transaction Banking, Banking, IT Innovations
Tata Consultancy Services (TCS), leading global IT services, consulting, and business solutions organization, announced that Commercial Bank of Kuwait (CBK), one of the largest financial institutions in Kuwait, has selected TCS BaNCS™ for Treasury to manage risk better, enhance asset class coverage, and drive future growth.
Splitit Partners with Leading Middle East BNPL Provider tabby
- 4 years 9 months ago
- Platform Technology, Payments
Splitit, the company empowering consumers to use their existing credit to spread payments over time, announced a partnership with tabby, the leading Middle East Buy Now Pay Later (BNPL) provider. tabby will integrate Splitit’s instalment payment platform through a white-label solution to allow tabby’s merchants to offer instalments on credit cards.
Finastra Survey Finds Banking as a Service (BaaS) Set to Make Significant Impact on Financial Services in Next 12 Months
- 4 years 9 months ago
- Open Banking, Banking, IT Innovations, Financial
85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business
Nucleus Commercial Finance Comments on FSB Calling for Increased Government Support for SMEs
- 4 years 9 months ago
- E-Commerce, Financial
Chirag Shah, CEO, Nucleus Commercial Finance comments: “SMEs across the country were hoping to reopen on 21st June and had naturally planned for this financially. This delay combined with winding down of government support is undoubtedly a big blow for those businesses who have started making repayments on existing facilities. Our own research found that only a quarter of SMEs were anticipating a delay to reopening, meaning the majority of...
Over 60% of Fraudsters Request Gift Cards in Business Emails Scams; eBay, Google Play Cards Most Popular
- 4 years 9 months ago
- Security, Cybersecurity
According to data presented by the
BEC Attacks: Who is Legally Responsible?
- 4 years 9 months ago
- Cybersecurity
Business Email Compromise (BEC) and cyber attacks are on the increase worldwide. Conveyancing firms, their clients, and other organisations effecting many large non-recurring type transactions are particularly vulnerable to BEC fraud. Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider says gaps in organisations’ payment systems not only pose massive financial and reputational risks, but can have serious legal...
E-Commerce Logistics SaaS Startup zip24 Raises $1.2M
- 4 years 9 months ago
- Fundraising News
Dubai-based logistics Software as a Service (SaaS) startup zip24 has raised US$1.2 million in a pre-series round, led by London-based Sturgeon Capital, along with Angel investors from the UK and Gulf Cooperation Council (GCC) countries, including Hayaat Group, Teqvisory, and Robert Kay.
Virtual Card Transaction Values to Increase by 370% Globally in 5 Years
- 4 years 9 months ago
- Payments, Money Transfers, Credit Cards
Central Banks Signal Temporary Concerns Over Inflation
- 4 years 9 months ago
- Banking
David Jones, Chief Market Strategist at European investment trading platform,Capital com, said: “It has been a calmer week in markets following the interest rate-inspired fireworks we had at the end of last week. In fact, it has been business as usual for many major assets."
Pollinate Launches Filmmaker Competition in Collaboration with Mastercard to Spotlight Small Business Ingenuity
- 4 years 9 months ago
- Payments, Banking
Pollinate, the global fintech that partners with banks to help business customers succeed and grow, is launching “Ingenious,” a filmmaker competition spotlighting small businesses, in collaboration with Mastercard. “Ingenious” will celebrate the ingenuity of small business owners around the globe through stories of how small businesses have used technology to drive forward during the pandemic.
Scotland Yard Bitcoin Seizure Story
- 4 years 9 months ago
- Cryptocurrencies
Joshua Scigala, CEO of the TheStandard.io, a new DeFi lending protocol and Founder of the bitcoin/gold exchange, Vaultoro said,
Nivaura Technology Deployed by DBS Bank for World’s First Fully Digitalised Bond Issuance Platform
- 4 years 9 months ago
- Banking, Data
Nivaura, a London and Italy based Fintech, has delivered the technology underpinning Singapore-based DBS Bank’s groundbreaking bond issuance platform. This is the world's first end-to-end workflow platform that spans across a bank’s entire supply chain from all internal functions and systems to external clients.
ACI Worldwide Fraud Management Lauded by Retail Systems Awards
- 4 years 9 months ago
- Artificial Intelligence, Payments
ACI’s incremental learning technology—part of its award-winning merchant fraud management solution—recognized as “Artificial Intelligence Project of the Year”
