Customer engagement key differentiator for banks as total redress payments increase
Apr18

Customer engagement key differentiator for banks as total redress payments increase

Statistics from the recent FCA complaints handling report show that the total redress paid to consumers was £2.26 billion, a 12% (£216 million) increase compared to £2.57 billion in 2018 this time last year. This news comes after Gartner stated that over the next 12 years, 80 per cent of firms will either go out of business or be rendered obsolete by new competition, changing consumer behaviour, and advancements in technology. As...

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Imandra Completes $5 Million Seed Round Led by AlbionVC, IQ Capital and LiveOak Venture Partners
Apr18

Imandra Completes $5 Million Seed Round Led by AlbionVC, IQ Capital and LiveOak Venture Partners

Imandra Inc. – creator of the Imandra cloud-native automated reasoning engine – has completed a $5 million Seed investment led by AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used towards further growth in financial services and fast-growing applications of their AI technology to autonomous vehicles, robotics and machine learning. Imandra democratises deep advances in symbolic AI for making...

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Broadridge to Acquire TD Ameritrade Retirement Plan Custody and Trust Assets
Apr18

Broadridge to Acquire TD Ameritrade Retirement Plan Custody and Trust Assets

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced it has entered into a purchase agreement to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Company (Nasdaq: AMTD). The acquisition will expand Broadridge’s suite of solutions for the growing qualified and non-qualified retirement plan...

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Andrew Shikiar, on PSD2
Apr18

Andrew Shikiar, on PSD2

We speak to Andrew Shikiar, FIDO Alliance about what does PSD2 mean for the financial institutions.

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New data reveals 63% of decision-makers see sustainability as a key driver for video conferencing deployment
Apr18

New data reveals 63% of decision-makers see sustainability as a key driver for video conferencing deployment

With World Earth Day approaching on Monday 22nd April, organisations across the country will be looking at how they can drive sustainability efforts, with many businesses using new technologies to help them reduce their impact on the environment. Indeed, the latest survey from StarLeaf shows that 63% of UK IT decision-makers cited reducing their environmental impact through minimising travel and supporting remote working as one of the...

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Token Summit IV Returns to New York on May 16th
Apr18

Token Summit IV Returns to New York on May 16th

Continuing its tradition of thought leadership in content curation and speakers selection, Token Summit IV is announcing its initial roster of speakers and sessions, as it returns to New York City for the 3rd year on May 16th 2019. Organized and hosted by noted blockchain author and investor, William Mougayar, and 1confirmation founder, Nick Tomaino, Token Summit IV will be held at the newly renovated 787 Seventh Auditorium in the AXA...

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Paysend recognised by MasterCard for the quality of their payment processing
Apr18

Paysend recognised by MasterCard for the quality of their payment processing

The quality of payment processing by paytech firm Paysend has been recognised by MasterCard. The recognition comes in the form of MasterCard’s Regional Compliance Award, which compares ICAs (Interbank Card Association Numbers) in their respective region. Only ICAs in the top five per cent with the highest compliance percentage receive the awards. Ronald Millar, CEO of Paysend, said: “We are delighted to have won this award. The fact...

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AlphaPoint and Elevated Returns Partner to Build Secondary Market for $1B USD Tokenized Real Estate Shares
Apr18

AlphaPoint and Elevated Returns Partner to Build Secondary Market for $1B USD Tokenized Real Estate Shares

AlphaPoint, the leading global provider of asset tokenization software and digital asset trading technology for licensed broker-dealers, ATS, and exchange operators, has been selected as the exchange technology provider for Elevated Returns’ tokenized real-estate offerings in Thailand and other regulated markets throughout Asia. Elevated Returns is a digital asset management company best known for its tokenization of the St. Regis...

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NPM Capital Acquires 35% Stake in Ohpen
Apr18

NPM Capital Acquires 35% Stake in Ohpen

First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre “het HEM” in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for...

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Bahrain EDB leads talks on diversity driven FinTech at Innovate Finance
Apr18

Bahrain EDB leads talks on diversity driven FinTech at Innovate Finance

Bahrain’s Economic Development Board (EDB) will be in attendance at the 2019 Innovate Finance Global Summit, hosting a roundtable discussion on ‘Diversity-driven innovation: how inclusivity can transform FinTech,’ at 16:15BST on Tuesday 30 April. Several members of EDB’s executive team will be in attendance and available for comment. EDB’s focus at the event will be on diversity and inclusivity as key drivers of innovation in the...

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EMVCo, FIDO Alliance, and W3C Form Interest Group  to Enhance Security and Interoperability of Web Payments
Apr18

EMVCo, FIDO Alliance, and W3C Form Interest Group to Enhance Security and Interoperability of Web Payments

The FIDO Alliance, EMVCo, and the World Wide Web Consortium (W3C) announced today the creation of a new Interest Group for organizations to collaborate on a vision for Web payment security and interoperability. Participants in the Web Payment Security Interest Group will define areas of collaboration and identify gaps between existing technical specifications in order to increase compatibility among different technologies. Industry...

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Glue42 adds partners to its financial desktop ecosystem
Apr17

Glue42 adds partners to its financial desktop ecosystem

 Glue42, the company bringing an entirely new desktop experience to financial institutions, expands its desktop ecosystem with new fintech providers. New partners include independent software vendors (ISVs) Adaptable Tools and BCC Group, and service provider NORMAN & SONS. Available immediately, the ISVs can now offer their services via the Glue42 platform using the FINOS FDC3 open standard to provide a seamless UI and data...

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ABCD’s: Darryl Twiggs, SmartStream & Mariana Gomez De La Villa, ING on Blockchain
Apr17

ABCD’s: Darryl Twiggs, SmartStream & Mariana Gomez De La Villa, ING on Blockchain

In this episode of The ABCD’s Conversation, we speak to Darryl Twiggs from SmartStream & Mariana Gomez De La Villa from ING about blockchain.

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Generation Relocation: Millennials dreaming of their next home need to move out to move up
Apr17

Generation Relocation: Millennials dreaming of their next home need to move out to move up

The goal of owning the home of your dreams is alive and well – especially for Canada’s Millennials. According to a new TD survey, eight in 10 (81 per cent) Canadian Millennials aspire to own their own home, but financial realities, including the rising cost of home prices across the country, mean many of today’s buyers need to expand their search to the suburbs in their quest for an affordable property, even if...

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Entersekt Survey: Banking App Innovation Key to Boosting Adoption and Everyday Usage
Apr17

Entersekt Survey: Banking App Innovation Key to Boosting Adoption and Everyday Usage

Entersekt today released further results from its recent online survey conducted by The Harris Poll among over 1,300 US adults who use banking apps once a month or more often (regular banking app users). The mobile-first fintech provider commissioned the independent market research firm to better understand US consumer attitudes towards mobile app-based banking and payments. Data from the Federal Reserve among others show a...

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Filipino Microfinance Institution Deploys SD-WAN to Boost Network Reliability and Improve the Lives of Women in Rural Communities
Apr17

Filipino Microfinance Institution Deploys SD-WAN to Boost Network Reliability and Improve the Lives of Women in Rural Communities

Riverbed®, The Digital Performance Company™, today announced that Negros Women for Tomorrow Foundation (NWTF), one of the Philippines’ oldest and largest microfinance institutions, is advancing the human experience in the digital world through next-generation infrastructure from Riverbed. The solution transforms the way NWTF connects its clients to convenient, secure financial services, and to deliver a digital experience on par...

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Goldman Sachs’ Joanne Hannaford on Encouraging More Women to Code
Apr17

Goldman Sachs’ Joanne Hannaford on Encouraging More Women to Code

On “meritocracy” drawing her to work for Goldman Sachs: “Throughout that 150 years [in Goldman’s history] there’s been constant innovation, so you never feel that you’re done. There’s always something more interesting to do. As for the idea of having a career, I was actually very fortunate in that I chose to go to GS, it wasn’t my first company and I chose to go there because my friend said that it’s a meritocracy....

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Singapore Airlines partners with Adyen to deliver first class payment experience
Apr17

Singapore Airlines partners with Adyen to deliver first class payment experience

Singapore Airlines has partnered with Adyen, the payments platform of choice for many of the world’s leading companies, to ensure a frictionless payments experience for customers when they book online or in-app. Working with Adyen, Singapore Airlines has enjoyed an increase in authorisation rates, flexibility on fraud risk management and richer data insights, resulting in a more seamless payment experience for its customers across the...

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Finger on the pulse! 2019’s big biometric news so far…
Apr17

Finger on the pulse! 2019’s big biometric news so far…

It’s already Q2! It has been a momentous few months for biometrics, so it’s not surprising the year is passing so quickly. New products launched, new milestones reached, and new market trials initiated. Biometrics is expanding and advancing rapidly – both in its existing markets and applications, and in new ones. Not sure what you’ve missed? Here’s my run-down of the big biometrics news stories that have started the year. Biometric...

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20 leading scaleups join Tech Nation’s first national cyber security growth programme
Apr17

20 leading scaleups join Tech Nation’s first national cyber security growth programme

Tech Nation, the UK’s leading network for ambitious tech entrepreneurs, has today announced the 20 fast-growth cyber scaleups accepted onto their first national cyber security growth programme. Funded by the Department for Digital, Culture, Media and Sport (DCMS) and supported by global cyber security market-leaders Tessian, Digital Shadows, Darktrace and CensorNet, the six-month programme is aimed at helping to accelerate the growth...

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LMAX Digital expands having been granted a DLT Provider License from the Gibraltar
Apr17

LMAX Digital expands having been granted a DLT Provider License from the Gibraltar

LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, today announced that it has been granted a license as a Distributed Ledger Technology (DLT) Provider from the Gibraltar Financial Services Commission (GFSC). LMAX Digital was launched in May 2018, becoming the first crypto currency exchange...

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GeoDB surpasses equity crowdfunding target to support the expansion of its digital data marketplace
Apr17

GeoDB surpasses equity crowdfunding target to support the expansion of its digital data marketplace

A group of successful tech entrepreneurs, and the men behind million dollar start-up Wave, have completed a UK crowdfunding campaign to support their newest venture; the big data digital marketplace which pays users fairly for their data. Having already raised more than 1.5 million Euros of funding, GeoDB has now reached and passed its £750,000 crowdfunding goal having attracted more than 240 backers with a passion for the data...

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Accuity Launches AI-Powered Financial Crime Compliance Screening to Detect and Prioritise Highest Risk Individuals
Apr17

Accuity Launches AI-Powered Financial Crime Compliance Screening to Detect and Prioritise Highest Risk Individuals

Accuity, the leading provider of financial crime compliance, payments, and Know Your Customer (KYC) solutions, has announced its AI-driven account screening capability, ‘Firco Automated Alert Reduction’, which increases the level of accuracy in detecting and evaluating screening matches during the KYC process. It has also been optimised to integrate seamlessly with WorldCompliance™ data to expand its visibility into sanctions,...

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2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station Completed Successfully
Apr17

2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station Completed Successfully

On April 11~12th , “2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station”has ended with a bang. Although we are currently in a bear market, the enthusiasm of the participants did not decrease. At this industry-leading forum Chain Plus, William Zhu, founding partner of The Blockchainer, also the host of this summit, reviewed and speculated the past, present and future of blockchain finance area. With the...

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Blufolio Blockchain Venture Capital Fund Invests in YAPEAL
Apr17

Blufolio Blockchain Venture Capital Fund Invests in YAPEAL

YAPEAL is a Zurich-based digital banking start-up founded by an experienced team of finance and technology professionals. YAPEAL is initially addressing a specific section of the Swiss consumer market, with strong potential for mid-term growth via a B2B proposition. “We are delighted to support the growth of YAPEAL, which targets a clear gap in the Swiss banking market. We see great opportunities for YAPEAL’s world-class management...

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Jumio Announces Executive Leadership Promotion
Apr17

Jumio Announces Executive Leadership Promotion

Jumio, the leading AI-powered trusted identity as a service provider, today announced the promotion of Robert Prigge to president. Prigge has been the chief revenue officer since 2016 and drove triple-digit growth during his tenure. As president, he will oversee all aspects of the company and guide the company through its next phase of innovation and growth. Jumio’s board of directors issued the following statement: “Robert Prigge...

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PERKBOX UNBOXES: Status of UK mental wellbeing strongly linked to workplace issues according to online searches
Apr17

PERKBOX UNBOXES: Status of UK mental wellbeing strongly linked to workplace issues according to online searches

Perkbox, Europe’s fastest growing employee experience platform has today partnered with SEMrush, SaaS marketing platform, to examine the status of mental wellbeing in the country according to online searches. The findings represent what UK citizens have searched online most often between January 2015 and February 2019. Results reveal a strong link between mental wellbeing and the workplace. Mental wellbeing is often described as one’s...

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Experts Warn: New Fraud and Chargeback Thresholds Require Revision of Risk Management Strategies
Apr17

Experts Warn: New Fraud and Chargeback Thresholds Require Revision of Risk Management Strategies

From October 1st, 2019, online merchants accepting Visa cards will have to comply with stricter anti-fraud regulations. All monthly compliance thresholds (including the ones established by VCMP Standard program) will be lowered from 1% to 0.9%, which will affect all entities accepting cards issued under Visa brands, especially companies from high-risk industries. Michał Jędraszak, CEO of Straal and Hubert Rachwalski, CEO of Nethone...

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Econocom UK & IRL appoints Keith Richardson as Director of Corporate Relationships
Apr17

Econocom UK & IRL appoints Keith Richardson as Director of Corporate Relationships

Econocom UK & IRL, a leading provider of digital transformation solutions, has appointed Keith Richardson as its new Director of Corporate Relationships. The appointment is part of the company’s ongoing commitment to the UK and follows an eight per cent year-on-year revenue growth for the Econocom Group. Richardson has more than 40 years’ experience of working in the retail and banking industries. Prior to joining Econocom, he...

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Stephen Bodurtha Joins Luma Financial Technologies’ Board of Directors
Apr17

Stephen Bodurtha Joins Luma Financial Technologies’ Board of Directors

Luma Financial Technologies announced today that Stephen Bodurtha, an investment product pioneer and co-inventor of the Select Sector SPDRs ETFs, has joined the firm’s Board of Directors. Luma is an independent, multi-issuer, online platform that provides broker/dealers, RIAs and banks with a feature-rich marketplace for structured products and annuities. Luma is customizable to clients’ specific business needs and includes advanced...

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eToroX launches crypto exchange including suite of unique stablecoins
Apr17

eToroX launches crypto exchange including suite of unique stablecoins

eToroX, the blockchain division of global investment company eToro, has today announced the launch of its crypto exchange – a secure and regulated trading venue offering a range of cryptoassets as well as a suite of stablecoins. Commenting on the news, Yoni Assia, Co-founder and CEO of eToro, said: “Just as eToro has opened up traditional markets for investors, we want to do the same in the tokenized world. We want to bring...

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Turn your documents into data to drive true cultural change
Apr17

Turn your documents into data to drive true cultural change

by Karina Vazirova, Head of product & implementations at ClauseMatch Upgrading your compliance function will increase and sharpen your competitive advantage. If that seems unlikely, it’s because compliance is currently seen as a burden – an internally-facing tactical necessity whose purpose is largely to avoid or limit fines. However, for the most progressive banks, compliance has shifted from a ‘back-end’ organisational...

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An Lu, on PPRO in China
Apr16

An Lu, on PPRO in China

We speak to An Lu, PPRO about why PPRO are in China.

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ABCD’s: Ebru Pakcan & Allyson Laurance, Citi and Santosh Tripathy & Andreas Burner, SmartStream on
Apr16

ABCD’s: Ebru Pakcan & Allyson Laurance, Citi and Santosh Tripathy & Andreas Burner, SmartStream on

In this episode of The ABCD’s Conversation, we speak to Ebru Pakcan & Allyson Laurance from Citi and Santosh Tripathy & Andreas Burner from SmartStream. We focus on real-time everything, network and helping...

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FIS research finds that 2019 is the year UK consumers make the switch to direct and mobile banking
Apr16

FIS research finds that 2019 is the year UK consumers make the switch to direct and mobile banking

Appetite for digital banking among UK consumers has grown emphatically in the past year, according to the latest research from global financial services technology leader FIS™ (NYSE: FIS). Published today, the fifth annual “Performance Against Customer Expectations” (PACE) study, surveyed consumers on how well their banking providers are meeting their needs. It identifies an increasing gap in customer satisfaction in favour of direct...

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Trulioo Adds Malta to its Global Identity Verification Coverage
Apr16

Trulioo Adds Malta to its Global Identity Verification Coverage

Trulioo, the leading global identity verification provider, today announced that it has added another country to its global identity verification coverage. Organizations can now use GlobalGateway, Trulioo’s marketplace of identity data and services, to verify the identities of individuals and businesses in Malta. Used by some of the world’s largest tech companies, banks, payment processors, online marketplaces, and gaming companies,...

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UK travellers set to soar over Easter weekend, with all-inclusive and DIY bargain breaks on the rise
Apr16

UK travellers set to soar over Easter weekend, with all-inclusive and DIY bargain breaks on the rise

Worldpay, Inc, a global leader in payments, is predicting a rise in online bookings for airlines and travel agents in the UK in the build-up to this year’s Easter holiday period. Analysis of spending in the three weeks leading up to 2018’s Easter Sunday found that online travel bookings rose by 35 percent compared to the previous year[1]. This trend could be set to continue for both airlines and online travel agents in the coming...

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This week’s market commentary from David Jones, Chief Market Strategist at Capital.com
Apr16

This week’s market commentary from David Jones, Chief Market Strategist at Capital.com

As the trading week gets underway, it is more of the same for the world’s financial markets. Stock markets remain buoyant with the major European and US indices sticking near their highs for the year so far. These are now almost four months into a very strong recovery with plenty of investors wondering when a correction is going to happen.  We are well overdue at least a slight sell-off  – but at the moment even any temporary...

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“The Future of Financial Regulation: Machine to Machine”
Apr16

“The Future of Financial Regulation: Machine to Machine”

By Nikhil Sengupta, UK banking and regulation specialist, Five Degrees The rise of big tech: setting new expectations The fundamentals of what businesses and individuals perceive as banking have evolved from a traditional high street model to a complex ecosystem of financial and technology providers – all working in collaboration with one another. The emergence of technology companies has provided access to a greater diversity...

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Canara Bank First to Market in India with EMV Acquiring & Aadhaar Authentication – Powered by ACI Worldwide
Apr16

Canara Bank First to Market in India with EMV Acquiring & Aadhaar Authentication – Powered by ACI Worldwide

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts. Canara Bank, one of India’s largest public sector banks with nearly 6,300 branches and a network of more...

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Kurt Looyens, Former Country Executive for ABN AMRO Bank Spain, Appointed CEO of Gibraltar Blockchain Exchange
Apr16

Kurt Looyens, Former Country Executive for ABN AMRO Bank Spain, Appointed CEO of Gibraltar Blockchain Exchange

Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has announced that Kurt Looyens, former Country Executive for ABN AMRO Bank Spain, has been appointed as CEO. He takes over from Nick Cowan, who will now work exclusively as CEO of the Gibraltar Stock Exchange (GSX) and the GSX Group. Commenting on the appointment, Kurt Looyens said, “I am excited to take...

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CasperLabs Continues Pre-Launch Momentum with Release of Significantly Streamlined Protocol and Ghostbusters-Inspired Blockchain, Token and Gas Names
Apr16

CasperLabs Continues Pre-Launch Momentum with Release of Significantly Streamlined Protocol and Ghostbusters-Inspired Blockchain, Token and Gas Names

CasperLabs, the ADAPtive Holdings-backed research and development innovator building the next generation of ‘blockchain for public enterprise’ networks, has unveiled the first key update for developers, Node 0.2, which significantly reduces barriers to downloading, building, and running a network of Correct By Construction (CBC) CasperLabs nodes. The project, which utilizes insights from esteemed Ethereum researcher Vlad Zamfir, also...

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Fintech Raisin and Commerzbank launch savings platform for corporate clients
Apr16

Fintech Raisin and Commerzbank launch savings platform for corporate clients

Raisin’s German savings platform WeltSparen (www.weltsparen.de) is collaborating with Commerzbank to reach the bank’s corporate clients in Germany. In the segment of corporate clients Commerzbank is Germany’s market leader. The partnership enables Commerzbank to provide its corporate clients exclusive access to special conditions on fixed-term deposits. In addition to Commerzbank’s own products, corporate clients can now benefit from...

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Institutions Rank Technology and Regulatory Revision as the Two Most Effective Ways of Helping to Reduce the Trade Finance Gap, According to BNY Mellon Global Survey
Apr16

Institutions Rank Technology and Regulatory Revision as the Two Most Effective Ways of Helping to Reduce the Trade Finance Gap, According to BNY Mellon Global Survey

Trade finance rejection rates are increasing in a third of institutions and underscore the challenge many businesses face when it comes to accessing funding for trade BNY Mellon today released its “Overcoming the Trade Finance Gap: Root Causes and Remedies” report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade...

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KSI Selects NEXT Biometrics Fingerprint Readers
Apr16

KSI Selects NEXT Biometrics Fingerprint Readers

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that the Company`s One Touch Access readers have been selected by Key Source International (KSI) for inclusion in its products. Initial volumes have been shipped. The NEXT Biometrics One Touch Access readers integrate nicely into KSI`s plug-and-play 1700 line of keyboards. Compatible with leading Single Sign-on (SSO) platforms, KSI...

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Klarna launches financial management content hub to support consumers
Apr16

Klarna launches financial management content hub to support consumers

Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna. But Klarna’s research — of 2,000 UK consumers aged 18-37 conducted independently via Censuswide — also shows there’s a lack of clear, accessible information about money management...

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GBST supports launch of VitalityInvest’s D2C proposition
Apr16

GBST supports launch of VitalityInvest’s D2C proposition

GBST, provider of wealth administration software through its GBST Composer® platform, is providing the technology behind VitalityInvest’s launch into the direct to consumer market for ISAs and Junior ISAs. GBST, which is also behind VitalityInvest’s successful adviser proposition launched in June 2018, is introducing a number of new features to its customisable digital platform Catalyst. These include a new ISA and Junior ISA...

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FinTech for Email: iNBOTiQA unveils new Machine Learning Intelligent Business Email solution to help banks take control of unmanageable inbox volumes
Apr16

FinTech for Email: iNBOTiQA unveils new Machine Learning Intelligent Business Email solution to help banks take control of unmanageable inbox volumes

iNBOTiQA, the Intelligent Business Email platform that transforms how the leading business communication channel is used, unveils machine learning and big data analytics to further revolutionise the way companies take control and realise the true potential of their inboxes. New AI capabilities will further help corporates unlock the power of their inboxes iNBOTiQA, the intelligent business email platform, today launched a machine...

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Foregenix and Tranwall partner to tackle global ATM Cashout fraud in the banking industry
Apr16

Foregenix and Tranwall partner to tackle global ATM Cashout fraud in the banking industry

Foregenix and Tranwall partner to tackle global ATM Cashout fraud in the banking industry A leading UK cyber security firm has joined forces with an Australian pioneer in payment card control technology to fight against the rise of global ATM Cashout fraud. Australian-based Tranwall’s transaction security software will be offered with Foregenix’s Managed Detection and Response (MDR) and Threat Sweep. Both services provide security...

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Use of AI in wealth management must be applied smartly; not simply for the sake of it, warns M-Files
Apr16

Use of AI in wealth management must be applied smartly; not simply for the sake of it, warns M-Files

Use of AI within wealth management has the potential to revolutionise a sector struggling with digital change, but according to Tim Waterton, VP of UK Business at M-Files, any use of automation must be applied smartly and not simply for the sake of it. The wealth management sector is facing a growing need for technology-led change, driven by a new generation of wealth. AI could hold the answer, but many wealth managers are struggling...

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