December 1, 2021 @ 11:47 pm By Omar Faridi  |  

The Republic of North Macedonia has introduced its National Digital Identity Service – with assistance from Mastercard (NYSE: MA) – in order to support the nation’s fast-evolving digital economy. The partnership between Mastercard and the Macedonian Ministry of Information Society and Administration (MISA) – first… Read More

 Tagged antonio argir, Digital Economy, digital identity, digital technology, digital transformation, digitalization, jeton shaqiri, macedonia, mastercard, nlb bank skopje, north macedonia, vanya manova

December 1, 2021 @ 11:11 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) and INSEAD, one of the largest graduate business schools, have announced the launch of the Standard Chartered-INSEAD Wealth Academy, with a multi-year client engagement and wealth management global education program “for the Bank’s Relationship Managers and Wealth Specialists.” Co-created by financial… Read More

 Tagged banking, business schools, insead, judy hsu, raymond ang, sameer hasija, standard chartered, wealth academy

December 1, 2021 @ 10:57 pm By Omar Faridi  |  

ACI Worldwide, an international provider of real-time payments and virtual payment software services, has introduced its Network Intelligence Technology as a key part of ACI Fraud Management. The tech allows banking institutions, processors, acquirers, and networks to complement fraud prevention strategies by enabling them to… Read More

 Tagged aci worldwide, cleber martins, coronavirus, covid-19, digital payments, digital transactions, fraud, fraud prevention, fraudulent activities, instant payments, payments, real-time payments, virtual payments

December 1, 2021 @ 10:22 pm By Omar Faridi  |  

Consumers in the United Kingdom can now get access to enhanced financial products and services, as Experian introduces a service to assist lenders with offering quicker, more accurate, and reliable lending decisions. Work Report™ is reportedly the first digital verification service that should enable clients… Read More

 Tagged Asesh Sarkar, consumer data, data, employee data, europe, experian, financial data, paul speirs, salary finance, uk, united kingdom, work report

December 1, 2021 @ 10:06 pm By Omar Faridi  |  

Taking a leading role in the sector with its innovative solutions in virtual banking, Garanti BBVA has implemented the Document Upload function for their corporate clients where they are able to add their financial data from Corporate Internet Banking. With this new function, Garanti BBVA… Read More

 Tagged banking, bbva, digital technology, digital transformation, digitalization, europe, financial data, garanti bbva, Internet Banking, isil akdemir evlioglu, turkey

December 1, 2021 @ 9:47 pm By Omar Faridi  |  

Malaysia-based business conglomerate Berjaya Corporation (BCorp) has revealed that it sold off 30% of its equity interest in Razer Fintech to Razer Midas for around $53.57 million (appr. RM 223.89 million). BCorp will reportedly be holding onto the remaining 19% stake in Razer Fintech. Before… Read More

 Tagged bcorp, berjaya corporation, jalil rasheed, malaysia, razer, razer fintech, razer midas, southeast asia

December 1, 2021 @ 8:37 pm By Omar Faridi  |  

Axletree Solutions, an international provider of bank connectivity and financial integration solutions that power more than $50 billion in daily transaction volumes, announced that it has entered into a partnership with Roxe, the open global payment network. As mentioned in the announcement, Roxe’s solutions power… Read More

 Tagged andrew o'garro, axletree, distributed ledger technology, dlt, josh li, payments, roxe

December 1, 2021 @ 8:04 pm By Tony Zerucha  |  

Asian cryptocurrency payments company TripleA has been granted a digital payment token license by the Monetary Authority of Singapore (MAS). TripleA is the first standard payment institution to receive this license, the company said. The designation allows TripleA to provide end-to-end cryptocurrency payment services for… Read More

 Tagged dbs, Eric Barbier, mas, monetary authority of singapore, payment services act, singapore, TripleA

December 1, 2021 @ 5:22 pm By Tony Zerucha  |  

Americans are the most common target of payment card fraud, based on details for sale on the dark web, new research published this week by NordVPN shows. The company analyzed 4.5 million payment card details belonging to citizens of 140 countries that were found by… Read More

 Tagged amex, brute-forcing, dark web, debit cards, hacking, Marijus Briedis, mastercard, NordVPN, prepaid cards, stolen credit card, visa

December 1, 2021 @ 2:55 pm By Omar Faridi  |  

STP Investment Services, an international, end-to-end investment operations service provider that supports over $340 billion in total assets, has reportedly acquired third-party fund administrator Tower Fund Services. The acquisition deal substantially increases STP’s alternative fund administration value proposition for its clients, “while simultaneously delivering Tower… Read More

 Tagged acquisition, jim cass, kinjal amin, new jersey, oceanport, patrick murray, stp, stp investment services, tower fund services, united states, us, vincent sarullo