Tagged: digitalization

FLX Networks, Broadridge Data and Analytics to Help Power Distribution Solutions for Asset Managers

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

BMO Wealth Management Selects FactSet as Primary Market Data Provider

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

ICE Introduces Digital Trade Documents to Digitize Paper-Based Post-Trade Processes

Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology, and market infrastructure, announced the launch of ICE Digital Trade Documents (ICE DTD) for the energy industry, a configurable solution “digitizing post-trade and shipping processes for physically delivered commodities including oil, gas and petrochemicals.”… Read More

UK Financial Services Firms Could Provide More Secure Services by Leveraging Phishing-Resistant Tech: Report

The United Kingdom has consistently taken a strong position on cybersecurity, “recognizing the need to drive awareness and responsiveness on a national scale,” according to an update from Hypr, the passwordless service provider. It reportedly “established the National Cybersecurity Centre in 2016, has among the… Read More

European Supervisory Authorities (ESAs) Identify Good Practices for Financial Education Initiatives on Scams, Cybersecurity

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published a joint thematic Report on national financial education initiatives on digitalization, with “a focus on cybersecurity, scams, and fraud.” The Report identifies good practices “that national competent authorities and other public entities can… Read More

Fintech Firm IFIN, Bank Nizwa to Provide Instant Islamic Goods Financing

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

Majority of UK Consumers Believe Physical Wallets Will Become Less Relevant, Mastercard Survey Reveals

More than half (51%) of consumers in the United Kingdom believe physical wallets will become a lot less relevant as virtual payments continue to grow in adoption. This, according to the latest research shared by Mastercard (NYSE: MA). Mastercard teamed up Central Saint Martins on… Read More

ICICI Bank Introduces Digital Solutions for Exporters

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

Digital Transformation: Philippines SEC to Accept Only Virtual Payments After Feb 2023

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

HR Tech Unicorn Darwinbox Appoints Panuwat Benrohman as MD for Thailand

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

Cashfree Payments CEO Shares Insights on Digital Payments, BNPL, Other Fintech Trends

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More

ASEAN Survey: Digitalization Advances Financial Inclusion for Women, Micro Business Owners

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

UK’s Recognise Bank Secures £25M Investment

The latest funding comes from the bank’s largest investor and will be “used to increase loan book and develop new products for SMEs.” Digital SME lender and savings provider Recognise Bank has conditionally “raised a further £25 million in investment from its group’s largest shareholder.”… Read More

Digital Identity Verification Platform Trulioo Announces Mentorship Program with Beedie Luminaries

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

Empaxis, EXL to Help Wealth Management Firms Enhance Operations

Empaxis, which claims to be an expert in middle- and back-office operations for wealth and asset managers, announced a partnership with EXL [NASDAQ: EXLS], a data analytics and digital operations and solutions company. Pairing Empaxis’ middle- and back-office expertise, with EXL’s data, analytics, and digital… Read More

Alternative Payments Make Up Nearly 40% of Digital Commerce Volume in Latin America, EBANX Reveals

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

Finastra to Help Mechanics Cooperative Bank Provide Seamless Payments

Finastra announced that Mechanics Cooperative Bank, a Massachusetts-based financial institution with more than $645 million in assets, has selected Finastra Payments To Go “to introduce new business payments services and enhance the customer experience.” The multi-rail payments hub “empowers Mechanics Cooperative Bank to leverage the… Read More

Fintech Paysafe Division viafintech Teams Up with ING Germany

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

LexisNexis Risk Solutions State of Fraud, Identity Report Reveals Surge in Fraudulent Activities

LexisNexis Risk Solutions released the results of its first Global State of Fraud and Identity Report, exploring research and insights from industry experts “on recent statistics and trends from [their] industry-recognized studies on the Global True Cost of Fraud and transaction data from over 39B transactions… Read More

Goji, Apex Group to Offer Digital Investor Onboarding for Alternative Fund Managers

Goji, an FCA regulated, UK-based technology provider that offers investors digital access to alternative investments, announced its partnership with global financial services provider Apex Group Ltd. in order “to enable alternative asset management clients to seamlessly manage all stages of the investor lifecycle.” Apex Group’s… Read More

Send this to a friend