Tagged: digital transformation

November 30, 2023 @ 9:28 pm By Omar Faridi  |  

Banks and financial institutions in Thailand leverage mature technology and incorporate modern features. However, industry professionals at the recent ENGAGE ASIA 2023 emphasized “that the challenge stems from the absence of unification across different touchpoints, resulting in fragmented customer engagement.” The majority of the systems… Read More

November 30, 2023 @ 8:10 pm By Omar Faridi  |  

Banco Security will enhance its digital offering with Backbase‘s Engagement Banking platform, laying the foundation for the next generation of banking services. As part of its comprehensive $50 million digital investment plan spanning four years, Grupo Security is driving “a set of initiatives aimed at… Read More

November 28, 2023 @ 10:16 pm By Omar Faridi  |  

Insurance is the biggest expense for gig companies, according to a recent update. Uber says its insurance costs “are roughly 10% of its gross bookings, exceeding $11B in 2022. Insurance-related costs are also rising every year.” In 2022, a top 10 auto insurer reportedly “increased… Read More

November 28, 2023 @ 9:59 pm By Omar Faridi  |  

Rimes has announced the launch of their AI Lab under the leadership of Theo Bell, the newly appointed Head of AI Product. The Rimes AI Lab provides “a dedicated environment where the Rimes Product Engineering team, in collaboration with clients, can prototype new ideas and… Read More

November 27, 2023 @ 8:28 pm By Omar Faridi  |  

Bank of the Philippine Islands (BPI) adopts digital-first HR with its partnership with Darwinbox, Asia’s Human Resource Management System (HRMS) provider. With a legacy spanning over 170 years, BPI has “enhanced its employee experience and streamlined HR processes for its 18,000-strong workforce, covering a diverse… Read More

November 24, 2023 @ 3:01 pm By Omar Faridi  |  

Volante Technologies, the global firm enabling cloud payments modernization, have recently announced the general availability of the latest version of the Volante Experience. Following the initial launch of the Volante Experience, which focused on the onboarding experience, this latest release enhances Volante’s Payments as a… Read More

November 20, 2023 @ 2:25 pm By Omar Faridi  |  

Rokt, the ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced its partnership with Afterpay, one of the global leaders in “Buy Now, Pay Later” payment. The partnership enables Afterpay to offer its ecommerce shoppers “highly relevant… Read More

November 19, 2023 @ 8:24 pm By Omar Faridi  |  

Dapper Labs announced the upcoming launch of Disney Pinnacle, an all-new socially driven collectible experience that brings the magic of pin collecting to the digital age. Disney Pinnacle will aim to “bring together characters from 100 years of Disney, along with beloved icons from Pixar… Read More

November 19, 2023 @ 3:44 pm By Omar Faridi  |  

Animoca Brands, Amazon Web Services (AWS), and Polygon Labs announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and solutions through Animoca Brands’ flagship project Mocaverse. MoonRealm Express Accelerator is “an accelerator program… Read More

November 17, 2023 @ 4:58 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) unveiled three initiatives to ensure the safe and innovative use of digital money in Singapore, namely: a blueprint outlining the infrastructure required for a digital Singapore dollar; expanding digital money trials; and a plan to issue a “live” central… Read More

November 13, 2023 @ 10:00 pm By Omar Faridi  |  

Talos, the provider of institutional technology for digital assets trading, announced it has joined the Google Cloud Partner Advantage Program. Joining as a Build Partner, Talos aims to continue “building upon Google Cloud technology to empower institutions with a secure platform and the advanced tools they… Read More

November 13, 2023 @ 5:41 pm By Omar Faridi  |  

Digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner program in order “to offer a fully automated identity verification solution to Mastercard customers.” IDVerse’s technology enables Mastercard “to reach a wider range of connected devices by… Read More

November 11, 2023 @ 2:19 pm By Omar Faridi  |  

In May of this year, Deloitte announced the integration of KILT for creating new markets with reusable KYC (Know Your Customer) and KYB (Know Your Business) digital credentials. The first Deloitte credentials “are now live.” KYC/KYB credentials are increasingly required “for regulatory reasons to verify… Read More

November 11, 2023 @ 9:11 am By Omar Faridi  |  

With macroeconomic conditions continuing to make it difficult for auto lenders to maintain or increase profitability, all eyes have “turned to digital channels as the most cost-effective and efficient means to do so.” According to the J.D. Power 2023 U.S. Consumer Financing Satisfaction Study, released… Read More

November 9, 2023 @ 4:21 pm By Omar Faridi  |  

Moflix Group, a telecommunications industry pioneer providing next-generation digital solutions, announced that it has raised a $3.1 million seed funding round with the participation from The Hashgraph Association (THA) – the Swiss-based non-profit organization accelerating the adoption of the Hedera network globally, “alongside other strategic… Read More

November 8, 2023 @ 2:51 pm By Omar Faridi  |  

BMO announced the launch of its digital Real Financial Progress Hub, a resource that allows customers to easily access personal finance advice and guidance, as well as tools and resources to “reach their own specific financial goals.” In addition to helping customers budget and set… Read More

November 7, 2023 @ 9:53 pm By Omar Faridi  |  

NatWest and IBM (NYSE: IBM) announced enhancements to the bank’s virtual assistant, Cora, that will use generative AI to provide customers with access to a wider range of information through conversational interactions. The bank will be among the first in the UK to deploy generative… Read More

November 7, 2023 @ 9:29 pm By Omar Faridi  |  

Ron Green has been named Mastercard Fellow in order “to drive innovation in security; Michael Lashlee will lead Corporate Security” As part of its ongoing commitment to cybersecurity innovation, Mastercard (NYSE: MA) announced Chief Security Officer Ron Green will “become a Mastercard Fellow, a newly… Read More

November 5, 2023 @ 6:46 pm By Omar Faridi  |  

Axway (Euronext: AXW.PA), a global API management and integration software firm,  released the results of a consumer survey showing how they expect their personal data to be shared and secured. The 2023 survey polled 1,000 American adults “about their expectations and top concerns about how… Read More

November 5, 2023 @ 3:42 pm By Omar Faridi  |  

Guidde, the video documentation platform harnessing generative AI, today announced a $11.6 million Series A funding round led by Norwest Venture Partners, joined by existing investors Entrée Capital, Honeystone Ventures, Crescendo Ventures, and new investor Tiferes Ventures. The Series A investment round comes “within a… Read More