Tagged: digital transformation

February 13, 2023 @ 12:28 pm By Omar Faridi  |  

The new digital identity framework would provide EU citizens “with digital access to key public services across EU borders,” according to Members of European Parliament (MEPs). The Industry, Research and Energy Committee adopted its position “on the proposed update of the European digital identity framework… Read More

February 8, 2023 @ 11:59 am By Omar Faridi  |  

Brillio, a digital transformation services and solutions provider, announced the appointment of Navneet Narula as the Global Head of Banking, Financial Services & Insurance (BFSI). Narula brings over 20 years of leadership experience “building and scaling new growth engines and transforming business verticals throughout his… Read More

February 8, 2023 @ 10:17 am By Omar Faridi  |  

Minima, a new blockchain platform, announced a unique collaboration with WeTransfer, the world’s “most trusted” platform for sharing digital content. Together, the two companies are “deploying non-fungible tokens (NFTs) on the Minima network to empower creators all over the world with Digital Rights Management for… Read More

February 4, 2023 @ 9:27 am By Omar Faridi  |  

Torii, creator of the world’s only Distributed SaaS Management Platform (SMP), announced advances that make it easier than ever “to manage cloud apps and reduce spend in the digital workplace.” Now, IT pros can empower employees “throughout the company as app owners and co-managers, easily… Read More

January 28, 2023 @ 3:07 pm By Omar Faridi  |  

Amid an environment where asset management firms are increasingly collaborating with digital platforms to help launch product offerings and “de-risk” entry into new markets, FLX Networks, which modernizes, simplifies, and drives engagement between asset managers and financial advisors, has partnered with global Fintech leader Broadridge… Read More

January 28, 2023 @ 11:14 am By Omar Faridi  |  

FactSet, a global financial digital platform and enterprise solutions provider, today announced that it has been selected as the primary market data provider for BMO’s Wealth Management division. FactSet is deploying its modern, flexible Advisor Workstation to BMO Wealth Management professionals across Canada “to support… Read More

January 26, 2023 @ 3:38 pm By Omar Faridi  |  

The Citco group of companies has moved to streamline the client onboarding and Know Your Customer (KYC) processes after agreeing to a deal with digital transformation business, Fenergo, “to integrate its client lifecycle management (CLM) platform across Citco.” Citco, which claims to be one of… Read More

January 18, 2023 @ 9:52 am By Omar Faridi  |  

The financial services sector has evolved considerably during the past decade, with many new Fintech startups and banking challengers raising substantial funding to fundamentally improve how consumers perform transactions. Individuals and business organizations across the globe have been moving their activities online, a digital transformation… Read More

January 12, 2023 @ 9:25 pm By Omar Faridi  |  

IFIN, which claims to be the first of its kind Islamic Fintech, announces its partnership with Bank Nizwa, Oman’s “first” full-fledged Islamic bank in the Sultanate, offering a plethora of Shariah-compliant products and services, “to introduce instant Islamic ‘Goods Financing’ with the aim of enriching… Read More

January 6, 2023 @ 7:55 pm By Omar Faridi  |  

ICICI Bank (NYSE:IBN) announced the launch of digital solutions for exporters, “a comprehensive set of banking and value-added services on a single platform.” In a first-of-its-kind initiative in the industry, the suite of solutions “digitize the entire export life-cycle– from discovery of export markets, export… Read More

January 5, 2023 @ 9:46 pm By Omar Faridi  |  

Abu Dhabi Islamic Bank (ADIB), a financial institution, announced the launch of the region’s first tokenized, contactless payment methods “through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and global digital payments leader, Visa.” ADIB Visa… Read More

January 3, 2023 @ 9:01 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) in the Philippines revealed that it will be making a full shift towards all-digital payments by February 1, 2023. The general public residing in the Southeast Asian country will be using the eSPAYSEC that was introduced in March 2022,… Read More

January 1, 2023 @ 9:37 am By Omar Faridi  |  

Darwinbox, which claims to be one of the fastest-growing HR technology unicorns, announced the appointment of Panuwat Benrohman (Ben) as the Managing Director and Country Head for Thailand. Panuwat (Ben) is the latest addition to Darwinbox’s growing Regional Leadership team and will be “at the… Read More

December 24, 2022 @ 11:06 am By Omar Faridi  |  

The World Economic Forum has launched the ASEAN Digital Generation Report 2022, the sixth edition of the report since 2017. This year’s report “examines digital financial services, gaps in access and where businesses, governments, and civil society organizations need to improve financial inclusion.” The report… Read More

December 23, 2022 @ 2:02 pm By Omar Faridi  |  

Trulioo, a global digital identity verification platform, is partnering with Beedie Luminaries to support post-secondary students “within the program who are pursuing their studies in science, technology, engineering and mathematics (STEM).” Beedie Luminaries is “a social-profit enterprise that helps remove barriers to education and provides… Read More

December 21, 2022 @ 10:03 pm By Omar Faridi  |  

When it comes to payments, Latin America is “diving deeper into alternatives,” according to an update from EBANX. Beyond Borders 2022/2023, a recent study by EBANX, a Brazilian fintech that processes payments for global players in rising markets, “shows that alternative payment methods (APMs) have… Read More

December 16, 2022 @ 8:25 am By Omar Faridi  |  

Paysafe’s (NYSE: PSFE) cash arm – viafintech – has started a new partnership with Germany’s third-largest bank by number of customers, ING Germany. From today, more than nine million ING customers “can make cash deposits or withdrawals from their current account at participating retailers across… Read More

December 11, 2022 @ 9:57 pm By Omar Faridi  |  

Union Bank of Philippines, a “long-standing” partner of Hex Trust, is expanding their digital asset exposure by “tapping into the metaverse.” As a continuation of their “Tech-up Pilipinas” advocacy, UnionBank has announced their entrance “to The Sandbox, with the help of Hex Trust’s digital asset… Read More

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

December 2, 2022 @ 12:33 pm By Omar Faridi  |  

Finastra announced that Clinc, the conversational AI specialist serving global financial institutions, will “deliver its Virtual Banking Assistant technology fully integrated within Finastra’s Fusion Digital Banking platform.” The application “enables Finastra’s bank and credit union customers, utilizing Fusion Digital Banking as their digital platform, to… Read More