Tagged: digital transformation

Digital Identity Verification Firm Trulioo Shares Common Use-Cases for ID Verification

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

Fintech Adoption to Continue in 2022 with Financial Inclusion, Green Investments, Online Trading, Remittance Payments As Key Focus Areas

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

Embedded Finance: Darren Thang from Railsbank APAC Comments on How Property Buyers Will Get an Enhanced Experience

Railsbank APAC Marketing Manager Darren Thang has taken a look at how property buyers are about to get an enhanced experience. Thang writes in a blog post that increasingly, nonbank firms are “warming to the idea of embedded finance experiences, offering banking-like services that provide… Read More

Mastercard Reveals How Jacksonville, Florida’s MRKT Is Using the Company’s Shop Anywhere Technology

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More

Fintech Sector in Turkey Continues to Grow Steadily with $64M in Investments Secured in 2021

The Istanbul Financial Center (IFC) has been able to attract many Fintechs during the past year. Turkey‘s Fintech industry has continued to develop with over $64 million in total investments being channeled towards various initiatives, according to an official report cited by the Daily Sabah…. Read More

Switzerland based Proptech Firm Properti Partners with Houzy to Serve Digital Real Estate Market

Many more homeowners are now looking for all-digital solutions that are affordable and a lot more accessible. Digitalization and the platform concept are now finding their way into the real estate sector, which is not only an innovative breakthrough but has also become essential. That’s… Read More

Central Bank of The Bahamas Initiates Consultation on a Plan to Eliminate Use of Paper Cheques

The Central Bank of The Bahamas has officially started consultations with banking institutions, credit unions as well as other payment services providers on a strategy to “eliminate all use of domestic cheques by the end of 2024.” According to a release, wider public consultation is… Read More

Digital Transformation: Bank Indonesia Introduces Fast Payment System to Accelerate Digitalization

Bank Indonesia has introduced the Bank Indonesia Fast Payment (BI-FAST) system virtually, entitled “Payment System Digital Transformation to Accelerate National Economic Recovery.” BI-FAST is described as a payment system infrastructure offered by Bank Indonesia and accessible via applications offered by the payment system industry “to… Read More

Software AG Announces Partnership with Silver Lake, a Company focused on Technology Investing

Software AG (Frankfurt MDAX®: SOW) has announced that it has entered into a partnership with Silver Lake, a company focused on technology investing, “anchored by a Silver Lake investment of €344 million in Software AG.” Following several years of transformation and with the benefit of… Read More

ECI, a Cybersecurity Provider for Financial Services Sector, Appoints Matthew McNulty as CRO

ECI, the managed services and cybersecurity provider for the global financial services industry, announced that Matthew McNulty has joined the firm as Chief Revenue Officer. McNulty reportedly brings over 20 years of professional experience in various sales strategies and execution for cybersecurity, digital transformation, and… Read More

Payments Fintech Fiserv to Assist Community Bank of the Bay with Digital Transformation Strategy

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology solutions, has announced that one of the San Francisco Bay Area’s established banks, Community Bank of the Bay, is furthering its digital transformation strategy “with the implementation of real-time payments technology from… Read More

UK’s Building Society Nationwide Updates Website by Moving to Microsoft Azure

Nationwide, one of the world’s largest building societies, has reportedly moved its member website to Microsoft Azure. The move, which was designed, built and released by Nationwide’s Cloud team with assistance from digital transformation consultancy Contino, aims to improve the robust security features of the… Read More

Irish Bank AIB and IBM Announce €65M Agreement to Accelerate Banking Institution’s Digital Transformation Efforts

AIB, an Irish bank with key positions across various segments, and IBM (NYSE: IBM) have announced a €65 million 3-year agreement designed to help “deliver the bank’s 2023 strategy by accelerating its ongoing digital transformation, meeting its customer-first commitment and providing a clear pathway to… Read More

ZA International and Airport Authority Hong Kong Form Partnership to Support Travel Experience Digitalization

ZA International and Airport Authority Hong Kong (AAHK) have unveiled an easily accessible travel insurance to “create a seamless and frictionless travel experience through digital acceleration.” ZA International and AAHK seek to “leverage innovative technology and deep experience in passenger flow management” to achieve the… Read More

Republic of North Macedonia Introduces National Digital ID Program with Assistance from Mastercard

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

Garanti BBVA Provides its Corporate Clients the Ability to Upload Financial Data via Internet Banking

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

Sweden based Fintech Näktergal Acquires €1M to Enhance its Cloud based Digital Lending Platform

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More

Digital Transformation: Saigon Commercial Bank Selects BPC to Streamline Virtual Banking Operations

Saigon Commercial Bank (SCB) has announced that it has selected BPC as its solution partner in Vietnam, which should accelerate digital transformation in the nation’s fast-growing banking sector. Using BPC’s SmartVista Platform for switching and Card Management system, SCB can offer hyper-personalized services for clients… Read More

France’s Societe Generale to Leverage Data and AI to Help with Digital Transformation Strategy

Paris-based Société Générale S.A. (GLE.PA), a French multinational investment bank and financial services company with around €1.3 trillion in assets, says it is putting its trust in data and AI in order to help the organization with transitioning into the digital age. As the institution… Read More

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