Tagged: digital technology

September 24, 2022 @ 12:22 pm By Omar Faridi  |  

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

September 22, 2022 @ 11:16 pm By Omar Faridi  |  

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential “to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems… Read More

September 20, 2022 @ 4:49 pm By Omar Faridi  |  

Assure, the platform for Special Purpose Vehicles (SPVs), and satschel, a comprehensive compliance company that aims to modernize financial systems using Web3 technologies, announced a bilateral partnership to enhance “the financial infrastructure of private markets.” Traditionally, private markets “are opaque, illiquid, and behave differently from… Read More

September 20, 2022 @ 7:52 am By Omar Faridi  |  

Vivian Health, an IAC (NASDAQ: IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, announced an agreement with Lume, a banking platform for healthcare workers, which “allows Vivian to leverage Lume’s technology to create new banking and financial services for the more… Read More

September 20, 2022 @ 7:51 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced the general availability of its secure Virtual Room cloud service which “enables organizations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment.” This next-generation customer engagement solution “gives organizations the ability to balance… Read More

September 19, 2022 @ 11:00 pm By Omar Faridi  |  

Reltime AS, which claims to be “disruptive” global Web3 and Metaverse financial technology company, and Triskel Capital Ltd. have entered into a long-term strategic partnership “to change the way people and businesses in Latin America financially interact and transact.” Together with Reltime as its “next-generation”… Read More

September 18, 2022 @ 8:41 pm By Omar Faridi  |  

ENOC Group has accelerated its digitization strategy through a collaboration with Emirates NBD, a banking group in the MENA region (and Turkey), in order “to implement innovative payment solutions.” ENOC Group has “successfully implemented Emirates NBD’s Host to Host (H2H) services for payments and account… Read More

September 18, 2022 @ 6:37 pm By Omar Faridi  |  

IDnow, a European identity proofing platform provider, is pleased to announce its participation in the International Air Transport Association’s (IATA) Accelerate@IATA 2022 accelerator program. IDnow is working with IATA and its members, “providing expertise and regulatory know-how in the field of identity proofing and digital… Read More

September 18, 2022 @ 5:35 pm By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an enterprise technology provider to banks, retailers and restaurants, announced its Board of Directors has unanimously “approved a plan to separate NCR into two independent, publicly traded companies – one focused on digital commerce, the other on ATMs.” The separation is… Read More

September 18, 2022 @ 4:17 pm By Omar Faridi  |  

Robinsons Bank (RBank), owned by JG Summit Holdings, Inc., one of the Philippines’ largest and most diversified conglomerates, announced that it has chosen BPC as its solution partner to co-innovate, “to drive financial inclusion and digital adoption across the nation.” Using BPC’s SmartVista Platform, RBank… Read More

September 17, 2022 @ 11:44 pm By Omar Faridi  |  

The European Central Bank (ECB) has selected CaixaBank and four other organizations to collaborate in the development “a prototype of a digital euro.” The institution launched a call with the aim of “selecting entities to develop technology projects associated with the creation of the European… Read More

September 17, 2022 @ 10:41 pm By Omar Faridi  |  

The Bank of Russia and market participants “launched the testing of the digital ruble platform and successfully completed the first digital ruble transfers between individuals.” The creation of a prototype of the digital ruble platform was “finished in December 2021.” Twelve banks announced their readiness… Read More

September 16, 2022 @ 9:18 pm By Omar Faridi  |  

BBVA New Gen, the investment product offered by the Group’s Swiss franchise, has completed its first year of existence. In a move to streamline the onboarding process, the bank now “lets prospective customers sign up online just by uploading a ‘selfie’, after which their identity… Read More

September 9, 2022 @ 10:13 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already “reached a multi-million user milestone that is expected to continue growing as BankID’s technology… Read More

September 8, 2022 @ 1:52 pm By Omar Faridi  |  

CryptoKitties was arguably the first project to bring NFTs into the mainstream, the team at Juniper Research noted in a comprehensive report. Launched in 2017, CryptoKitties featured an on-chain game “enabling users to breed digital cats together to produce new cats of differing rarity and… Read More

September 7, 2022 @ 3:53 pm By Omar Faridi  |  

The metaverse is a virtual shared space “created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet,” according to an update from Solactive. The firm further notes that it… Read More

September 6, 2022 @ 6:36 pm By Omar Faridi  |  

Frayt Technologies Inc., a shipping and technology company that connects enterprises with on-demand delivery services, has selected the workforce payments platform Branch in order “to provide their network of 10,000+ drivers accelerated payments, fee-free financial services, and cash flow management tools.” Founded in 2018, Frayt… Read More

September 6, 2022 @ 6:26 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, has announced the launch of ClearInsight+, a technology-enabled set of valuation products “to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), a new offering for certain loan types.” Freddie Mac began offering… Read More

September 6, 2022 @ 8:22 am By Omar Faridi  |  

Ondato,​​ a KYC and AML firm that offers video-based ID verification systems to banking institutions as part of its techy, has introduced a virtual branch service that supports physical, digital and hybrid banking platforms with providing clients with virtual face-to-face appointments. The solution has the… Read More

September 5, 2022 @ 2:24 pm By Omar Faridi  |  

Paper, which claims that it is focused on bringing the insurance industry into the 21st century, has secured 101% (£152,615.27) of its £152,000.00 target (at the time of writing) via Crowdcube from 102 investors and has 16 days left in its crowdfunding campaign. Located in… Read More