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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How Asia is leading the way for fingerprint biometric innovation in the payments industry
Apr16

How Asia is leading the way for fingerprint biometric innovation in the payments industry

PIN verification will soon become a thing of the past. Thanks to advances in fingerprint biometric technology, the reality of being able to authenticate a payment with a simple touch of the finger is set to explode across the globe. Whilst some countries remain conservative in terms of adopting this technology – Asia is one region driving the charge for biometric fingerprint payment cards. Countries such as India and China have...

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Avaloq launches avaloq.one, a new platform that connects fintechs with the world’s financial institutions
Apr16

Avaloq launches avaloq.one, a new platform that connects fintechs with the world’s financial institutions

Global fintech leader Avaloq today announces the launch of avaloq.one, a new, intuitive and collaborative platform to help the financial services industry in their efforts working more effectively with fintechs. avaloq.one aims to seamlessly connect leading fintechs and their solutions, to Avaloq’s global financial clients. The platform is designed to promote and showcase true fintech innovation and place Avaloq, its fintech partners...

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Portabl Picked for Plug And Play’s Insurtech Accelerator Program
Apr16

Portabl Picked for Plug And Play’s Insurtech Accelerator Program

Portabl, the insurtech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play innovation platform to join its Insurtech Batch of innovative companies. The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors. Portabl is designed to provide a new wave of insurance,...

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Howamigoing raises £1.1m in seed funding to transform employee performance
Apr16

Howamigoing raises £1.1m in seed funding to transform employee performance

London-based HRTech startup Howamigoing announces that in April 2019 they have raised an additional £890k in seed funding, bringing their total financing to date to £1.1m. Howamigoing launched an innovative platform in 2018 that allows employees to transparently and confidently manage their year-round feedback and performance plans. They’re now working with companies in the UK, US, Hong Kong and Australia. The fundraise was led by...

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BAE Systems Launches Major Update to its NetReveal Platform
Apr16

BAE Systems Launches Major Update to its NetReveal Platform

BAE Systems unveiled a major enhancement to its NetReveal platform at the ACAMS 24th annual International AML and Financial Crime Conference. This latest version combines the best of advanced analytics and human expertise to enable financial institutions to effectively combat financial crime and fraud in an environment of rapidly evolving regulatory requirements and changing financial crime patterns. Faced with increasing...

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NatWest becomes first UK bank to use biometric payment approval for all Business payments
Apr16

NatWest becomes first UK bank to use biometric payment approval for all Business payments

NatWest has today announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile app using Face ID or Touch ID, without the need for a card reader – a UK banking first. The new feature also allows businesses to authorise multiple users to setup payments, which business owners can then subsequently approve on the go...

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Ascent RegTech Hires Senior Operations Executive Arbela Takhsh as Chief Operating Officer
Apr16

Ascent RegTech Hires Senior Operations Executive Arbela Takhsh as Chief Operating Officer

Ascent RegTech announced today the expansion of its executive team with the hiring of Arbela Takhsh as Chief Operating Officer. During her over 20 years of experience leading business operations and product development for global organizations, Arbela held various engineering and operational leadership roles at Motorola, Google, Comcast, and most recently as Senior Vice President of Operations Excellence, Quality, and Data Analytics...

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NICE Actimize Introduces CDD-X, Modernizing KYC/CDD Programs with Advanced Analytics and the Power of AI
Apr15

NICE Actimize Introduces CDD-X, Modernizing KYC/CDD Programs with Advanced Analytics and the Power of AI

NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management announces the launch of CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to...

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The British Fashion Council Name Klarna as a Patron
Apr15

The British Fashion Council Name Klarna as a Patron

Leading payment provider Klarna has joined the British Fashion Council as a Patron. The brand, one of Europe’s biggest banks, will contribute to the work the BFC does in the fashion industry supporting the pipeline of emerging talent. The British Fashion Council is a not-for-profit organisation that harnesses the collective power of the industry to enable sustainable growth and strengthen British fashion in the global fashion economy....

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TCF 2019 Summary
Apr15

TCF 2019 Summary

The Fintech Finance team heads over to Temenos Community Forum in The Hague to talk to April Rudin from The Rudin Group, Manoj Khera from Capgemini, Christoph Witte from Raisin GmbH and many more!

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Jukka Yliuntinen, on customer needs
Apr15

Jukka Yliuntinen, on customer needs

We speak to Jukka Yliuntinen, Giesecke+Devrient Mobile Security about what do customers want from their digital payment tools.

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Fintech Firm Countingup Races Past 10,000 Customers in Less than a Year
Apr15

Fintech Firm Countingup Races Past 10,000 Customers in Less than a Year

As SMEs come to terms with the need to comply with the Government’s new Making Tax Digital (MTD) initiative, growing fintech firm Countingup, the UK’s number one small business banking and accounting app, has raced past the 10,000 customer accounts milestone less than 12 months after launch. Countingup’s momentum is being assisted by Making Tax Digital, a disruptive transformation of tax, which is driving SMEs’ need for simpler...

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Craig Ramsey, on GPI in practice
Apr15

Craig Ramsey, on GPI in practice

We speak to Craig Ramsey, Head of Real-Time Payments at ACI Worldwide about GPI in practice.

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Evolving Social Behaviors are Reshaping the Client-Advisor Relationship
Apr15

Evolving Social Behaviors are Reshaping the Client-Advisor Relationship

Evolving social behaviors and technology innovations are reshaping investor preferences and rewriting the relationship roadmap for financial advisors, according to a new survey from Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index. As investors across generations become more accustomed to highly individualized user experiences and client-centric customization in other aspects...

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Biometrics by fingerprints in contactless keyfob by Mobylabs
Apr15

Biometrics by fingerprints in contactless keyfob by Mobylabs

Mobylabs, a UK based developer of payment-related software and devices, has launched the AIRTAG Sense, a compact keyfob integrating a touch sensor from Fingerprints. It allows its user to securely store any contactless product like a public transit card, payment or loyalty card and access it with a simple touch. The biometrics will enable second authentication factor (U2F/UAF compatible) to the installed application on the keyfob or a...

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TCF 2019: Josh Verrill, NuoDB
Apr15

TCF 2019: Josh Verrill, NuoDB

We speak to Josh Verrill, NuoDB about the limitations of cloud, partner of Temenos and ecosystem.

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TCF 2019: Ryan Gosling, Callsign
Apr15

TCF 2019: Ryan Gosling, Callsign

We speak to Ryan Gosling, Callsign about the event, helping banks and authentication.

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deVere appoints Richard Glenn to newly created Group CFO role
Apr15

deVere appoints Richard Glenn to newly created Group CFO role

deVere Group, one of the world’s largest independent financial advisory organisations, has today announced the appointment of Richard Glenn as Group Chief Financial Officer (CFO). He joins from UAE-based wealth manager Credence International where he was the firm’s CFO for more than three years. Credence was recently acquired by deVere Group CEO, Nigel Green. Mr Glenn, who starts his new role with immediate effect, will report...

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Chief Claims Officers from USAA and Esurance reveal the future of Connected Claims
Apr15

Chief Claims Officers from USAA and Esurance reveal the future of Connected Claims

Senior claims officers from two leading insurance carriers, USAA and Esurance, will participate in a live, free webinar, hosted by Insurance Nexus, on the transformative effect of Connected Claims. These leading executives will explore how they expect the new era of connected claims to deliver unprecedented business efficiency and superior customer experience. Our research has revealed that carriers are already on the path towards the...

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Renovite appoints Rod Bungey as North America Sales Director
Apr15

Renovite appoints Rod Bungey as North America Sales Director

Global payments experts Renovite Technologies has appointed Rod Bungey as sales director for its cloud-native testing solution Reno-Test in North America, significantly strengthening the company’s position in the software testing market across the region. Rod brings a wealth of sales and technical knowledge to Renovite Technologies, whose global headquarters are in California. He has 30-years’ global experience in the payments...

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Linedata survey finds asset managers seek data ‘quick wins’ as performance fears persist
Apr15

Linedata survey finds asset managers seek data ‘quick wins’ as performance fears persist

The results of Linedata’s ninth Global Asset Management Survey reveal a desire to capitalize on quick wins from data analytics and digitization to protect investment and operational performance against the potential for further market dislocation. After the implementation of MiFID II and GDPR, asset managers were looking forward to a period of relative calm where they could focus on longer-term innovation projects, including digital...

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