FCA agrees plan for a phased implementation of Strong Customer Authentication
- 7 years 1 month ago
- Security and Compliance
From 14 September 2019, new European Union (EU) rules will start to apply that impact the way in which banks or payment services providers verify their customers identity and validate specific payment instructions. The new rules, called Strong Customer Authentication (SCA), are intended to enhance the security of payments and limit fraud during this authentication process.
Modulr awarded £10m from Capability & Innovation Fund to transform how Accountants manage payments for SMEs
- 7 years 1 month ago
- Payments
Modulr, the Payments as a Service API platform for digital businesses, has secured £10m from Pool C of the
Blockchain giant R3 announces plan to open new Dublin office amid further expansion
- 7 years 1 month ago
- Blockchain
R3, the enterprise blockchain software firm, announces plans to open its second European office in Dublin in 2020, as part of its rapid expansion plans. The office will serve as another of R3’s tech hubs and will be primarily staffed by engineering specialists who will work closely with the existing Engineering team in London.
Commerzbank and LBBW have set a new milestone in the digitalisation of commercial transactions based on blockchain technology
- 7 years 1 month ago
- Blockchain, Trade Finance
LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda. This time, besides the two companies involved, logistics provider Logwin AG was incorporated into the digital process chain – directly, and in real time. This represents a milestone in the expansion of the digital trade finance ecosystem.
Advanced Attracts Investment From BC Partners
- 7 years 1 month ago
- Digital Identity, Cloud
Advanced has announced it has secured an investment from Funds advised by BC Partners (“BC Partners”), a leading international private equity firm. The funds from BC Partners will support Advanced’s rapid growth aspirations to become the number-one provider of business software solutions in the UK, whilst expanding its global footprint.
Klarna reveals that online retail SMEs in the UK are open to innovation but barriers prevent widespread adoption
- 7 years 1 month ago
- Payments
New research launched today by global payments provider Klarna reveals that online SME retailers in the UK might be small in size, but are increasingly open to new technologies and innovation to help drive growth over the next year.
Asia is ahead of Europe by the popularity of P2P lending
- 7 years 1 month ago
- Alternative Finance, P2P Lending
The analysis of search queries related to P2P lending, which was conducted by the international fintech holding Robocash Group, has shown that relative popularity of P2P lending in many Asian countries is much higher than in some European countries.
Mambu Earns Acclaim from Frost & Sullivan for Accelerating Customers' Time-to-market with its Cloud-based Core Banking Platform
- 7 years 1 month ago
- Platform Technology, Cloud, SaaS
Based on its recent analysis of the global banking platform market, Frost & Sullivan recognises Mambu with the 2019 Global Customer Value Leadership Award for enhancing client capabilities through its banking platform. The platform supports banks through their changing requirements with a mix of relevant products and services that are aligned to market demand.
Drawbridge Partners Announced the Launch of DrawbridgeConnect™ Platform
- 7 years 1 month ago
- Security and Compliance, Security, Consultancy
Drawbridge Partners, a premier cybersecurity services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect™, an automated management platform which allows firms the ability to manage all aspects of their cybersecurity program.
Banking on your voice
- 7 years 1 month ago
- Banking, IT Innovations
NatWest customers will be able to bank from home using just their voice with the launch of a pilot using innovative voice technology enabling customers to do banking through the Google Assistant on their Google Home smart speaker or smartphone. The pilot of 500 customers will run for three months.
iFinancial to take advantage of Tatum’s blockchain API platform
- 7 years 1 month ago
- Blockchain
Following the launch of Tatum’s revolutionary Blockchain API Platform, International Financial System Ltd (“iFinancial”) have agreed to a global partnership with Tatum Limited (“Tatum” ). iFinancial is author and supplier of integrated real-time software solutions to banks and other financial institutions worldwide. The software reflects the diversity of the multi-faceted financial industry and provides a range of solutions that meet the needs...
The Post-Trade Distributed Ledger (PTDL) Group Welcomes Largest Investment Bank in Latin America to its Organising Committee
- 7 years 1 month ago
- Investment, Banking, Technical
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to drive the transformation of distributed ledger technologies within the post-trade landscape, welcomes BTG Pactual the Brazil based investment bank to its organising committee.
Quantifying Cyber: How Insurance Carriers are Meeting the Challenge of Covering an Ever-Changing Risk Landscape
- 7 years 1 month ago
- Insurance
With insurance companies facing an average of 113 targeted breaches a year, it can be argued that cybersecurity is one risk the insurance industry is not prepared for. Prominent breaches, such as the Premera Blue Cross and Anthem attacks, saw a combined 90 million customer records fall into the hands of nefarious actors and the subsequent damage to both customers and carriers cannot be underestimated.
MoneyGram Online Launches Redesigned Web Platform
- 7 years 1 month ago
- Payments
MoneyGram today announced the launch of the redesigned MoneyGram.com online platform in the U.S. The new site has a faster and more seamless flow, added personalization options and other convenient features.
Accenture Interactive to Acquire Leading Design and Innovation Firm, INSITUM
- 7 years 1 month ago
- Digital Identity
Accenture has entered into an agreement to acquire INSITUM, a service design and strategic research firm focused on innovation through a human-centered approach.
