European Fintech Curve discovers innovative way to help customers free up more cash during lockdown
- 5 years 9 months ago
- Covid-19, Payments, Banking
Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, now allows customers to move past payments onto a different card for up to 90 days after the payment has been made.
Over half of surveyed organisations expect their mobile workers to expose them to the risk of a data breach
- 5 years 9 months ago
- Data
More than half (57 percent) of UK IT decision makers still believe that remote workers will expose their organisation to the risk of a data breach, according to an annual survey – conducted between 25 and 27 March 2020 – commissioned by Apricorn, the leading manufacturer of software-free, 256-bit AES XTS hardware-encrypted USB drives. This figure has inclined steadily from 44 percent in 2018 and 50 percent in 2019.
Global financial crime-fighting body backs digital onboarding call
- 5 years 9 months ago
- AML and KYC, Financial
The Financial Action Task Force (FATF), the multinational body charged with setting the global approach to fighting money laundering and terrorist financing, has backed a call by leading Regtech firm SmartSearch for businesses to employ digital customer onboarding processes.
LHV onboards one of the world’s fastest growing international money transfer companies: TransferGo
- 5 years 9 months ago
- Payments
LHV, the financial and payment services provider, is pleased to welcome London-based money transfer company TransferGo as its latest client. LHV will provide TransferGo, which is one of the world’s fastest growing money transfer companies, with payment infrastructure, providing access to real time Euro and Sterling payments via Single Euro Payment Area (‘SEPA’) Instant and Faster Payments schemes respectively.
Tink study: UK financial institutions amongst most positive in EU toward open banking
- 5 years 9 months ago
- Open Banking
New data published by open banking platform Tink reveals that financial institutions in the UK are embracing the open banking opportunity more readily than their European counterparts. The survey, based on 290 senior decision makers at financial institutions in 12 European countries, found that three quarters (74%) of UK financial institutions today say they are positive about open banking, compared to a European average of 61%.
GoCardless Launches Success+ its First Payment Intelligence Product for Recurring Payments
- 5 years 9 months ago
- Payments
GoCardless, the leading fintech for recurring payments, has launched its first payment intelligence product, Success+ to help businesses tackle the problems caused by failed payments. Failed payments are not only costly for businesses to collect, they also impact customer relationships and increase the risk of bad debt and customer churn.
Technology will be key differentiator in risk management according to new Aite Group study
- 5 years 9 months ago
- Risk Management
Digitalisation of risk technology will be a pivotal factor in the monitoring and management of risk during increasingly common periods of volatility and continuing market uncertainty, according to findings by Aite Group, a global research and advisory firm, and Torstone Technology, a leading provider of post-trade processing and risk management.
Blue Prism Leads Global Efforts in Helping Organizations Respond to COVID-19 Emergency
- 5 years 9 months ago
- Covid-19
Blue Prism’s COVID-19 Response Program is at the forefront of the pandemic crisis helping organizations maintain business continuity and assisting those on the front lines of the health emergency. Launched in mid-March, the program already encompasses nearly 50 projects across multiple industries, and has donated hundreds of Digital Workers (software licenses) and thousands of service hours, helping alleviate the disruption caused by COVID-19.
Blue Prism Secures £100 Million in New Funding
- 5 years 9 months ago
- Investment
Blue Prism announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism’s balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.
Why ESG is more important now than ever
- 5 years 9 months ago
- Covid-19
Stakeholders need to survive, and these stakeholders are represented in ESG. The current pandemic is highlighting this fact with significant E, S and G related decisions being made daily including everything from executive pay, dividends and share buybacks, to employee healthcare, employee lay-offs, and even food insecurity.
Cloud-computing solutions can help significantly to reduce banking costs in Africa
- 5 years 9 months ago
- Banking, Cloud
More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier customers.
Bokio announces €7.4M investment and joins forces with competitor, Red Flag, to create the leading accountancy and business administration platform for European SMEs and self-employed
- 5 years 9 months ago
- Artificial Intelligence, Accounting
Bokio (www.bokio.co.uk), the Gothenburg-born fintech behind an AI-driven accounting software for SMEs and self-employed, today announces that it has merged with Stockholm-based competitor, Red Flag (www.redflag.se).
University of Oxford and Mastercard collaborate to launch course for senior executives
- 5 years 9 months ago
- Payments, Security, IT Innovations, Risk Management
SaïdBusiness School, University of Oxford and Mastercard today announce the launch of anew Oxford Cyber Futures online programme aimed at equipping senior executives to address new cyber risks and opportunities – among the most significant industrial and societal challenges of the 21stcentury – using next-generation learning tools.
IBM and Fenergo Join Forces To Fight Financial Crime
- 5 years 9 months ago
- Financial
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, and IBM (NYSE: IBM) today announced the signing of an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients better manage the multitude of financial risks they may face.
Quantile Continues To Operate Without Disruption By Leveraging AWS
- 5 years 9 months ago
- Cloud
Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, today announced that its early adoption of cloud technology has ensured the continued operation of its interest rate compression and margin optimisation services, which are fundamental to reducing risk and improving liquidity in the global derivatives markets.
