Backbase Announces New Digital Banking Platform With Banco Caja Social
- 5 years 2 months ago
- Banking
Backbase, a digital-first banking platform, announced that it has built a new cross-business platform for Banco Caja Social. The new platform, built from Backbase’s industry leading software, has improved the user experience and online access for the bank’s customers. This marks a new milestone in the digitization of Banco Caja Social, an institution that has been working for over a century on financial inclusion and serving low- and middle-...
Twenty7Tec Launches CAPTURE Client Portal
- 5 years 2 months ago
- Lending, Cloud
Leading mortgage technology provider, Twenty7Tec, announced that it has completed the development of CAPTURE, a client portal that seamlessly integrates with the company’s CloudTwenty7 platform. The innovative portal will allow end customers who are provided access to CAPTURE by their mortgage adviser can enter data about their circumstances that will assist the adviser in both sourcing and applying for a mortgage for that client.
Majority of Regulated Firms Face Fines for Non-Compliance with the Fifth Money Laundering Directive
- 5 years 2 months ago
- Compliance
A majority of regulated firms are facing penalties for non-compliance with the Fifth Money Laundering Directive (5MLD) according to new research from LexisNexis® Risk Solutions, the global data and analytics provider. The research reveals that on average, those in the banking, lending, wealth management and estate agents sectors are only 55% of the way through their Fifth Money Laundering (5MLD) implementation plans, and therefore are facing...
Attica Bank Selects RiskAvert, the Risk Management Platform by Profile Software
- 5 years 2 months ago
- Risk Management
Profile Software, an international financial solutions provider, announced today that Attica Bank selected Profile’s RiskAvert, the risk management system for regulatory capital calculation, liquidity risk indices as well as XBRL validation and reporting.
Tinkoff Launches Financial Messenger Built Into Its Super App
- 5 years 2 months ago
- Banking
Tinkoff has launched a financial messenger built into its super app for users to chat while making financial transactions. Customers will be able to share bookings, payments and gigabytes of traffic soon, as well as get quick access to chat bots and the Tinkoff ecosystem products and services, and more.
Tegra118 Expands Front Office Digital Solutions Powered by Finantix
- 5 years 2 months ago
- Wealth Management
Tegra118, a top provider of wealth and asset management technology and Motive Partners company, today announced its expansion of new front office capabilities to strengthen its robust wealth tech platform for advisors and asset managers. Significant new offerings include a modern, visual-rich, omni-channel front office digital solution for wealth advisors and artificial intelligence powered portfolio construction tools for asset managers.
COVID-19 Causes 25% Spike in Compliance & Risk Outsourcing
- 5 years 2 months ago
- Compliance, Risk Management
ACA Compliance Group (ACA) has identified a global spike in financial services firms turning to RegTech, outsourcing, and operational resilience solutions for risk and compliance management in the age of COVID-19. The firm has seen a 25% rise in demand for outsourced managed services when compared with pre-pandemic levels, with cybersecurity and RegTech solutions also seeing an increase in demand. A key driver is that risk and compliance leaders...
Okta Unites User Identity and Device Identity for Customer-Facing Applications Through New Okta Devices SDK
- 5 years 2 months ago
- Digital Identity
Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise has further extended its Okta Devices Platform Service capabilities to developers through the Okta Devices SDK. Using the Okta Devices SDK, developers can enable passwordless authentication through branded push notifications with biometric capabilities, minimising friction for end-users and increasing security posture.
AxiomSL to Provide a Solution for IFR Regulatory Requirements
- 5 years 2 months ago
- RegTech
AxiomSL, the industry’s leading provider of risk and regulatory reporting solutions, today announces a solution to address the new EU requirements defined in the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD), followed by the U.K.
Paynetics UK Acquires Wirecard UK & Ireland Assets
- 5 years 2 months ago
- M&A Deals
Paynetics UK, a fintech, trusted payment service provider and part of the Paynetics Group, has today announced that it has acquired some of the assets of Wirecard UK & Ireland.
PayPoint Launches ‘Event Streamer’ for Real-Time Payment Notifications
- 5 years 2 months ago
- Payments
To help businesses take prompt action on payments received in the current challenging times, PayPoint has launched Event Streamer. The unique new solution, which strengthens the MultiPay digital payments portfolio, delivers real-time notifications to businesses of all transactions improving productivity and customer experience.
Deutsche Bank Announces New Early Warning Service for Securities Settlement Delays Powered by Elastic
- 5 years 2 months ago
- Banking, Security, Compliance
Deutsche Bank today announced that they will launch an enhanced securities settlement service that proactively identifies in-flight security transactions at risk of settlement delay, to debut in early 2021. The enhanced service, powered by the Elastic Stack and Elastic’s machine learning and anomaly detection features, will enable the bank's clients to avoid hefty financial penalties under the upcoming implementation of the new Central...
OneStream Named a Leader in Gartner’s 2020 Magic Quadrant for Cloud Financial Planning and Analysis Solutions
- 5 years 2 months ago
- Cloud
OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, today announced it has been named a Leader in Gartner’s 2020 Magic Quadrant for Cloud Financial Planning and Analysis (FP&A) Solutions. OneStream was al
Meniga Expands to the US to Drive Sales Operations in North America
- 5 years 2 months ago
- Banking
Meniga (www.meniga.com), a global leader in AI-powered digital banking solutions, announces that it has expanded its business to the US, with a dedicated team appointed to drive sales operations by targeting the nation’s biggest banks and financial institutions.
French Payment Fintech Lydia Selects Tink as Its European Open Banking Partnership
- 5 years 2 months ago
- Open Banking
Following the partnership, Lydia will use Tink as its main open banking technology provider, for enhancing the app’s connectivity and adding new services. As a first step of the partnership, Tink’s account aggregation and payment initiation services are being integrated into the Lydia app. This will improve the way users connect their accounts across multiple banks, manage payment beneficiaries and initiate bank transfers without leaving the app...
