Juniper Research: Credit Scoring Market to Generate Almost $27bn in 2023; Driven by Open Banking and AI
- 1 year 6 months ago
- Open Banking
A new study from Juniper Research, the foremost experts in financial technology markets, expects credit scoring services to grow by 67% to $44 billion by 2028.
CLSA’s AI-powered European Algo Suite Now Available on TS Imagine’s TradeSmart
- 1 year 6 months ago
- Trading Systems
TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, has added CLSA’s AI-powered European algo suite to its list of certified brokers.
Tech Fund Booms as Investors Retreat from Health and American Investments
- 1 year 6 months ago
- Investment
Big tech was back in fashion for investors in Q2, according to the latest analysis from smart money app Plum.
Paymentology and Mastercard Join Forces to Foster Financial Inclusion in Northern Central America
- 1 year 6 months ago
- Payments
Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.
UK Banks More Resilient to Turbulent Market Conditions Than Their US Counterparts, Research Shows
- 1 year 6 months ago
- Banking
As financial services providers and consumers face continued pressures from economic and market instability, FIS®, a global leader in financial services technology, has fielded new research to explore how executives and consumers are responding to the environment, and how they’re making their financial or investing decisions.
Ecommpay Announces US Local Acquiring with Insurance from Chargebacks, The Move Enhances US Access for its UK and EU Merchants
- 1 year 6 months ago
- Insurance
Ecommpay, a leading international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America. Additionally, Ecommpay will offer protection from fraud-related chargebacks to ensure merchants do not lose valuable time and money when those chargebacks occur.
AI is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
- 1 year 6 months ago
- AML and KYC
AI is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai, a leading provider of financial crime and risk management solutions.
Finance Teams Need to Get Serious about ESG Reporting, Payhawk Handbook Shows
- 1 year 6 months ago
- Financial
Upcoming European rules on environmental, social and governance (ESG) reporting are expected to impact 50,000 companies. A new report by Payhawk shows the urgent need for finance teams to take action and understand the role they have to play.
James Sharp Adopts MARS Platform from MorganAsh to Help Manage Consumer Vulnerability
- 1 year 6 months ago
- Management
Wealth management firm James Sharp has implemented the MorganAsh Resilience System, to assess, measure and report on their customers’ vulnerability, in line with the Consumer Duty requirements.
Tonik and FC Home Center Partner for Shop Installment Loans
- 1 year 6 months ago
- Digital banking
The Philippines’ First Neobank Tonik Digital Bank proudly announces the launch of its Shop Installment Loan to FC Home Center stores. The partnership pushes to enhance the shopping experience of customers in the consumer durables market. Customers will now have access to 15-minute loan approvals and hassle-free and flexible financing in the Tonik app, ultimately fast-tracking processes and eliminating lengthy traditional loan application...
Xverse Raises $5 Million in Seed Funding Round Led by Jump Crypto
- 1 year 6 months ago
- Fundraising News
Xverse, a Bitcoin Web3 wallet, including NFTs through a method called Ordinals, has secured significant backing in its latest seed round. The company raised $5m in a seed round that was led by prominent industry investor Jump Crypto.
Deko and Aero Commerce Partner to Provide Checkout Finance Solutions for Merchants
- 1 year 6 months ago
- Alternative Finance
Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities. Among the checkout finance capabilities available through this partnership, Aero has directly integrated Deko's Newpay product, a digital credit account, that improves conversion rates and encourages repeat spending.
Cutting-edge Power Electronics Research to be Shared at PCIM Asia Conference 2023
- 1 year 6 months ago
- Infrastructure
The leading conference for power electronics in Asia returns to Shanghai this year, gathering leading experts and academics from across the country and beyond to share the latest findings and technology within power electronics, intelligent motion, renewable energy and energy management. Highlighted areas include wide-bandgap devices, power semiconductors, packaging technology and more.
Cost-of-doing-business Crisis: 2023 is the Worst Trading Environment in 15 Years According to International SMEs
- 1 year 6 months ago
- Trading Systems
New research from global SME funder, Bibby Financial Services, reveals that 2023 is the worst economic environment for small and medium-sized enterprises (SMEs) in 15 years. Findings from the 2023 Global Business Monitor, which surveyed SME owners and decision-makers from nine countries, show inflation (55%), energy costs (49%) and uncertainty over local economies (28%) are stifling business growth in 2023.
New Research Reveals Lack of Trust and Dissatisfaction Among Retail Banking Customers as Consumer Duty Comes into Effect
- 1 year 6 months ago
- Retail Banking
New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.