New Oracle AI-powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks
- 10 months 1 week ago
- AML and KYC
With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance. To help address this massive challenge, Oracle Financial Services today introduced Oracle Financial Services Compliance Agent.
Verisk Pioneers New Approach to Catastrophe Risk with Release of Next Generation Models
- 10 months 1 week ago
- Insurtech
Verisk, a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk's Next Generation Models (NGM). This suite of 100+ models will be implemented by insurers and reinsurers to evaluate risk across the globe with a new financial modeling framework designed to reflect anticipated insured losses from extreme events more accurately than...
Busey Bank Partners with CorServ to Implement a Modern Credit Card Program for Commercial Customers
- 10 months 1 week ago
- Payments
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial customers.
TerraPay Receives MPI License from the MAS
- 10 months 1 week ago
- Payments
TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) — a significant milestone solidifying TerraPay's position as a cross-border payments powerhouse. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally.
Frank Troise Joins Broadridge to Lead Trading and Connectivity Solutions Business
- 10 months 1 week ago
- People Moves
Global Fintech leader Broadridge Financial Solutions, Inc., announced the appointment of Frank Troise as President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets, effective April 29, 2024. Mr. Troise succeeds Ray Tierney, who will serve in an advisory capacity, following a successful three-year tenure.
Yabx and PayCliq Collaborate to Launch Merchant Cash Advance Service in Nigeria
- 10 months 1 week ago
- Payments
Yabx, a leading player in the sustainable financial inclusion space, has today announced that it is partnering with PayCliq to introduce a revolutionary merchant cash advance service in Nigeria.
Ebury Steps Up Investment in Scotland with Key Hire and Strategic Partnerships
- 10 months 1 week ago
- People Moves
Ebury, the global financial services firm, announces that it is increasing its investment in Scotland with a series of strategic moves aimed at boosting its Scottish operations. Nicholas Blurton has been appointed Key Account Director for Scotland to drive Ebury's growth in the Scottish market. He joins from Western Union and brings over ten years of experience in Corporate Foreign Exchange.
B2Core V2.1 Presents Savings Feature, New Trading Platform Integration, Fresh PSPs, and UI Advancements
- 10 months 1 week ago
- Trading Systems, Payments
B2Broker has disclosed the latest release of its respected CRM and back-office solution, B2Core, featuring version 2.1. This update introduces a much-awaited savings feature, integrates the new trading platform TradeLocker, enriches and updates the list of payment system providers, and enhances the user interface.
SUNRATE Brings Apple Pay to its Commercial Credit Card Customers
- 10 months 1 week ago
- Payments
SUNRATE, an intelligent global payment and treasury management platform, today brings its customers Apple Pay, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction.
A New Payment Services Brand for Merchants in France: Crédit Agricole and Worldline Unveil CAWL
- 10 months 1 week ago
- Payments
CAWL, the new payment services brand for merchants in France, embodies the combination of Worldline's technological expertise and offerings and services with Crédit Agricole Group’s commercial performance and distribution power.
Linedata Announces the Acquisition of DreamQuark, Strengthening Its Position as a Leading AI Solutions Provider for Financial Institutions
- 10 months 1 week ago
- FinTech StartUps
Linedata, a global provider of asset management and credit technology, data, and services, today announces the acquisition of DreamQuark, a renowned French startup specializing in the development of artificial intelligence (AI) platforms and services for the financial services sector.
Adyen Finds the UK Retail Sector Lost £11.3 Billion to Fraud Last Year
- 10 months 1 week ago
- Fraud Detection
Adyen, the global financial technology platform of choice for leading businesses, has today published new research revealing the billions the UK retail sector loses to fraudulent activity annually.
Hokodo Secures €100M Debt Facility to Facilitate €1.5Bn of B2B Transactions Over the Next 2 Years
- 10 months 1 week ago
- Fundraising News
Hokodo, Europe’s leading provider of digital payment terms solutions, has today announced a new €100 million debt facility from Viola Credit, a global credit investment manager focused on supporting the growth of the innovation economy.
GFT Teams Up with Google Cloud to Launch ‘GenAI Intelligent Assistant’
- 10 months 1 week ago
- Artificial Intelligence
Projections show that the global AI adoption rate could grow as much as 40% between 2023 and 2030. This anticipated growth is a fitting context for the announcement of an innovative offering that sees Google Cloud’s Industry Value Networks and GFT combine efforts, along with independent software vendors (ISVs), to bring forward a new GenAI Intelligent Assistant for banks to support their customer service.
Mastercard Announces New Cardholder Benefits to Enhance Health & Wellness, Travel and Lifestyle Rewards for Consumers, Small Businesses
- 10 months 1 week ago
- Credit Cards
Mastercard announced new credit card benefits, working with leading health & wellness, travel, and lifestyle brands to help bridge the gap between everyday essentials and enriching experiences. New offerings with Alo Moves, Booking.com, HealthLock, Instacart Business,
