Finastra and NetGuardians team up on AI-powered financial messaging fraud detection
- 6 years 7 months ago
- Fraud Detection
Today at Sibos 2019, Finastra has announced its partnership with Swiss Fintech, NetGuardians, which sees the two companies launching an AI-powered fraud detection solution for financial messaging. Tailored for Finastra’s SWIFT Service Bureau, the tool uses artificial intelligence and machine learning to identify fraudulent payments in real-time, stopping them before money leaves the bank or corporate organization.
FIME receives latest nexo standards accreditation
- 6 years 7 months ago
- Risk Management
FIME has been authorized by PayCert to evaluate payment solution implementations against the latest nexo standards Acquirer Protocol v6.0. This completes FIME’s end-to-end portfolio of nexo standards services.
DTCC Calls for Establishing Business Resilience as Industry-wide Priority to Protect Against Future Market Disruptions
- 6 years 7 months ago
- Infrastructure
Acknowledging the growing potential for future disruptions to critical business services that could create market instability, The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today called for establishing business resilience as an industry-wide priority in a new white paper, Resilience First.
FICO Opens AI Portfolio to Fight Next-Generation Fraud and Financial Crime
- 6 years 7 months ago
- Artificial Intelligence, Fraud Detection
FICO® Falcon® X, announced today at the Finovate conference in New York, delivers groundbreaking AI and machine learning technology aimed at preventing new forms of fraud and financial crime that are enabled by the rapid adoption of real-time payments. Running on Amazon Web Services (AWS), FICO Falcon X streamlines both fraud detection and anti-money laundering processes — something banks and financial institutions worldwide are seeking.
Accuity Data Reveals Increased Complexity of Sanctions Compliance and Implications for Global Trade
- 6 years 7 months ago
- Payments, AML and KYC
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, has revealed new research into the current sanctions landscape that demonstrates a significant increase in complexity for organisations involved in global trade. At the same time, the stakes have never been higher; almost $1.3 billion worth of fines have already been issued by OFAC for breaches to U.S. Sanctions in 2019 – more than...
Broadridge Announces Data Control Solution Suite
- 6 years 7 months ago
- Data, Data Management
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced the launch of the Broadridge Data Control Solution suite designed to help financial organisations address the operational challenges of managing the data life cycle. The suite combines Broadridge’s award-winning reconciliation and matching solution with enhanced data analytics, together with industry-leading multi-bank...
SmartStream’s New Artificial Intelligence Module Uses Machine Learning for Digital Payments Processing
- 6 years 7 months ago
- Artificial Intelligence, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launched a new AI module that uses machine learning for continuous digital payments processing - a typical project to maintain and improve the matching rules would take up to two days, it can now be achieved with a simple tick.
Financial inclusion continues to drive ATM growth in Asia
- 6 years 7 months ago
- ATMs
Asia-Pacific is home to almost half of the world’s ATMs, and within this vast region, some countries continue to witness impressive growth, whilst others have started to shrink Asia-Pacific’s longest established ATM markets have been contracting
Visa B2B Connect Expands to 32 New Countries and Announces Integration with Infosys
- 6 years 7 months ago
- Payments
Visa Inc. today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020. In addition, Infosys, a global leader in next-generation digital services and consulting, is integrating with the Visa B2B Connect network to bring Visa B2B Connect platform access to their participating financial institutions worldwide.
NICE Actimize Revolutionizes Trade-Related Surveillance with SURVEIL-X, the Industry’s First AI-Powered, Cloud-Native, True Holistic Solution
- 6 years 7 months ago
- Security and Compliance, Cloud
Traditional surveillance technology is adept at detecting obvious market abuse, but it doesn’t commonly address the “unknowns”. That’s why regulators around the globe are adopting next generation surveillance technology in growing numbers, and advising Financial Services Organizations (FSOs) to do the same.
ThinkMarble launches Virtual Data Protection Officer service to help UK businesses maintain GDPR compliance
- 6 years 7 months ago
- Data
Global cyber and information security experts, ThinkMarble, are today launching a Virtual Data Protection Officer (VDPO) service, to provide UK businesses with access to a highly-skilled team of cyber security and risk mitigation lawyers that can act as their Data Protection Officer (DPO) under the EU General Data Protection Regulation (GDPR).
Scalable Capital partners with Raisin and expands its product range with fixed-term deposits
- 6 years 7 months ago
- Open Banking
Scalable Capital, Continental Europe’s market leader for digital wealth management, has collaborated with Raisin, Europe’s leading platform for cross-border savings, to offer a new service. Scalable Capital’s customers with a portfolio account at Baader Bank can invest in fixed-term deposits with select European banks as part of a white label solution by Raisin that offers a choice of more than 20 different savings products. The new service can...
Gresham and ANZ partnership progresses innovative cash management solution
- 6 years 7 months ago
- Payments, Banking, Data, Financial
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management provides further details of its recent strategic licencing agreement with ANZ for a new and innovative cash management solution.
Bank of America joins the Marco Polo Network to tackle trade finance challenges
- 6 years 7 months ago
- Blockchain, Banking, Financial
Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.
Finantix Continues Global Expansion by Further Growing Swiss Presence
- 6 years 7 months ago
- Wealth Management, Banking, Financial, People Moves
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, has appointed Jérôme Vasamillet to further grow its presence in Switzerland.
