Leading Hedging Technology Company ALT21 Joins Temenos Exchange to Provide Banks Around the World with Automated and Affordable FX Hedging Solutions for SME Banking Services
- 9 months 5 days ago
- Banking
ALT21, a leading hedging and cross-border payments technology company, today announced that its flagship solution for banks, BankHedgeTM, is now integrated with the Temenos banking platform and available for banks globally on the Temenos Exchange ecosystem of partner solutions.
Access Bank Group and Mastercard Join Forces to Expand Opportunities for Cross-Border Payments for African Businesses and Consumers
- 9 months 5 days ago
- Payments
A leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy.
87% of Corporate Treasurers Have Abandoned Banking Applications due to Lengthy Onboarding
- 9 months 5 days ago
- Banking
87 percent of corporate treasurers have abandoned banking applications for their business due to lengthy and inefficient onboarding processes, according to new research from Encompass Corporation, the global leader in Corporate Digital Identity (CDI). It is not just banks losing customers, as 86 percent of treasurers also highlighted that their businesses had lost revenue as a direct consequence of a bank’s slow and disjointed approach to...
BR-DGE Makes First APAC Hire as Part of International Expansion Strategy
- 9 months 5 days ago
- People Moves
As the business expands its global presence, payment orchestration provider, BR-DGE, has announced its first in-region hire for Asia Pacific. BR-DGE has appointed Gerard Pottinger as Head of APAC to help drive the expansion and performance of the company's merchant operations and regional partnerships. Based in Sydney, Australia, Gerard was previously Head of Programmes at Entain, one of the world’s largest betting and gaming groups, where he ...
Sumsub Upskills 2,500+ Professionals to Fight Financial Crime with New Learning Course
- 9 months 5 days ago
- Consultancy
Sumsub, the global full-cycle verification platform, is announcing the second iteration of its Advanced Transaction Monitoring Masterclass 2024 after exceptional feedback following its initial launch in February. Over 2,500 anti-money laundering (AML), anti-fraud, and compliance professionals in the fintech sector registered. The self-paced course helped to boost their knowledge in combating financial crime issues facing their respective...
Xceptor Now Available in the Microsoft Azure Marketplace
- 9 months 6 days ago
- Trading Systems
Xceptor today announced the availability of the Xceptor Data Automation Platform for financial markets in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Xceptor customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.
Gen Z Consumers Are Using Credit More, and Differently, than Their Millennial Counterparts at the Beginning of their Credit Journeys
- 9 months 6 days ago
- Lending
Gen Z consumers are tapping into credit at higher levels than their Millennial counterparts did in the early stages of adulthood (ages 22-24). TransUnion released these findings today at the company’s 2024 Financial Services Summit, attended by nearly 300 global financial services executives.
Keybank Launches Virtual Account Management Services Powered by Qolo’s Technology Platform
- 9 months 6 days ago
- Treasury
KeyBank announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure.
Idex Biometrics is Bringing Biometric Cards to Market With Large Smart Card Manufacturer in South Asia
- 9 months 6 days ago
- Infrastructure
IDEX Biometrics and one of the largest smart card manufacturers in South Asia are deploying smart cards across Asia and globally. With over 3 billion cards manufactured to date and a production capacity of 25 million cards monthly, this partner will support IDEX Biometrics continued expansion and growth across Asia Pacific, Middle East, Africa, and the USA.
Basware Acquires AP Matching
- 9 months 6 days ago
- e-Invoicing
Basware, a global leader in AP automation and invoice processing, today announced that it has acquired AP Matching.
CIBC Mellon Leverages Duco Technology to Enhance Enterprise Data Automation Français
- 9 months 6 days ago
- Banking
CIBC Mellon today announced its strategic collaboration with Duco, a leading SaaS provider of AI-powered data automation. By leveraging Duco's advanced capabilities, CIBC Mellon is set to lower operational risk, streamline processes, and empower finance and operations teams.
Checkout.com’s ‘Flow’, Leverages Billions of Transactions Processed to Offer Consumers Their Preferred Payment Experience at the Moment of Checkout
- 9 months 6 days ago
- Payments
Checkout.com, a leading global digital payments provider, today launched its latest product designed for global enterprises. Flow’s customizable building blocks help businesses present the right payment methods to the right customer at the right time, enter new markets by easily integrating new payment methods, and improve security by staying up-to-date with PCI compliance, GDPR rules, and card scheme requirements.
FIS Launches Innovative New Fintech Platform – Atelio™ by FIS
- 9 months 6 days ago
- PaaS
FIS® , a global leader in financial technology, has today introduced Atelio by FIS™, a fintech platform that provides the building blocks for financial institutions, businesses, and software developers to embed financial services into their offerings.
GoTyme Bank’s Shareholders Acquire SAVii, the Largest Fintech Salary Lender in the Philippines
- 9 months 6 days ago
- Lending
GoTyme Bank, one of the fastest-growing banks in the country, is set to propel the expansion of its payroll-enabled financial products through the recent acquisition of SAVii by GoTyme’s major shareholders.
Visa Announces Generative AI-Powered Fraud Solution to Combat Account Attacks
- 9 months 6 days ago
- Artificial Intelligence, Fraud Detection
Threat actors are leveraging sophisticated technologies, like automated scripts and botnets, to amplify their card-testing attacks, allowing them to exploit vulnerabilities at an unprecedented scale and speed. These attacks, known as enumeration attacks, inflict operational expenses and $1.1B annually in fraud losses, accounting for a significant portion of global fraud.
