Tagged: digitalization

April 27, 2023 @ 8:34 am By Omar Faridi  |  

Palantir Technologies Inc., a software and services company which specializes in big data analysis, plans “to expand its operations in Lithuania, after entering into a strategic partnership, together with the Ministry of Defense of Lithuania.” Both parties are planning “to collaborate in developing new digital… Read More

April 26, 2023 @ 10:27 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced the appointment of three key C-suite executives who “will play a pivotal role in helping to drive the company’s global expansion and SaaS strategy.” Stephanie White… Read More

April 26, 2023 @ 10:09 pm By Omar Faridi  |  

Valley National Bank, a principal subsidiary of Valley National Bancorp (NASDAQ: VLY), announced the launch of “a new innovation platform which will accelerate and enhance its collaboration with fintech companies to meet the needs of Valley’s customers in a rapidly evolving digital environment.” Advancements in… Read More

April 25, 2023 @ 11:17 pm By Omar Faridi  |  

The EY organization announces an alliance between FintechOS, a financial technology company, and Ernst & Young SRL (EY Romania) “to simplify and support the launch and service of banking and insurance products and support detailed transformation journeys through innovation, business knowledge and the implementation of FintechOS’… Read More

April 25, 2023 @ 10:07 pm By Omar Faridi  |  

A new study from Juniper Research, who claim to be experts in payments, found that carrier billing spend “will reach $122 billion globally by 2027, rising from $70 billion in 2023.” This reported “growth of 74% over the next four years will be driven by… Read More

April 23, 2023 @ 8:36 pm By Omar Faridi  |  

Wealthtech firm, Farther, has reported assets under management (AUM) of $675 million – representing “nearly 5x year-over-year growth – continuing the firm’s rise since its establishment in 2019.” Founded by Taylor Matthews and Brad Genser, Farther is “a digital wealth management firm that provides a… Read More

April 23, 2023 @ 6:25 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, announced an expanded relationship with CoreLogic, a global property information, analytics and data-enabled solutions provider, “to assist lenders in modern valuation and appraisal readiness.” Through an existing integration, Clear Capital’s recently launched Universal Data Collection (UDC)… Read More

April 22, 2023 @ 7:42 pm By Omar Faridi  |  

Global payment technology firm and mobile point-of-sale pioneer Miura Systems recently announced the launch of its new, elegantly designed, Miura Android Smart POS payment device. MASP reportedly “leverages the collaborative open-source world of Android to make application development and ongoing management simple, seamless and secure.”… Read More

April 22, 2023 @ 4:11 pm By Omar Faridi  |  

Mendix, a Siemens business and global player focused on modern enterprise application development, has embarked on an “aggressive” strategy “to build a robust technology partner community that empowers enterprises and software startups to dramatically accelerate digital transformation.” As part of Siemens Xcelerator, the open digital… Read More

April 20, 2023 @ 10:31 pm By Omar Faridi  |  

LexisNexis Risk Solutions recently published a white paper produced by Aite-Novarica exploring the challenges in addressing sophisticated fraud threats “following increased digital adoption and consumers’ high expectations for online transactions.” The white paper, Multifaceted Fraud Attacks: Behavioral Biometrics as a Defensive Tool, explains “that most… Read More

April 19, 2023 @ 10:05 pm By Omar Faridi  |  

CaixaBank is marking this year’s “World Earth Day” with an innovative activity at its “all in one” centers in Ibiza, Burgos, Valencia, Barcelona and Madrid. All customers visiting these centers will be able “to participate in the metaverse in a memorable experience on caring for… Read More

April 17, 2023 @ 11:17 pm By Omar Faridi  |  

Curve, the financial super app and digital wallet that empowers you to maximize rewards from your existing cards and gives you the ability to earn in cashback or in crypto, has announced the launch of a new function that “enables its customers to transfer their… Read More

April 17, 2023 @ 9:23 pm By Omar Faridi  |  

NSW, Queensland and Tasmanian digital businesses have seen their annual turnover “jump by up to 13%, even as Aussies’ online spending dropped by more than $124 million nationwide.” The first Digital Economy Index released by payments fintech Airwallex shows Australians have “spent $124.1 million less… Read More

April 15, 2023 @ 7:06 pm By Omar Faridi  |  

Coupa, a global player focused on Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a digital-first, cloud-based bank provider, announced a joint initiative “to simplify payment processes between businesses and their global supply chains.” Making payments between businesses “is fraught with operational challenges… Read More

April 14, 2023 @ 9:56 am By Omar Faridi  |  

Changi Airport Group (CAG), in collaboration with Accenture (NYSE:ACN), has unveiled a metaverse experience called ChangiVerse, a fresh way for new audiences to connect with Singapore Changi Airport and explore its notable sights in the digital space. An immersive wonderland, ChangiVerse is reportedly “the first… Read More

April 13, 2023 @ 1:34 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has made a series of enhancements to its risk technology platform, which is widely “used by the banking and broker-dealer community to manage liquidity and market risk.” The upgrades will “help firms better navigate extreme market conditions, providing a live… Read More

April 11, 2023 @ 8:07 am By Omar Faridi  |  

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive “were up +4.7% year-over-year (YOY) in March.” Mastercard SpendingPulse reportedly “reflects nominal spending and is not adjusted for inflation.” At a national level, while… Read More

April 8, 2023 @ 10:43 am By Omar Faridi  |  

New technology and innovations in the payment space are “transforming the way Canadian consumers and businesses make and process payments.” According to data from Payments Canada’s annual Canadian Payment Methods and Trends Report, Canadian businesses are “writing fewer and fewer cheques while expanding the range… Read More

April 5, 2023 @ 2:17 pm By Omar Faridi  |  

Volante Technologies, the global provider of cloud payments and financial messaging solutions to accelerate digital transformation, is celebrating Women’s History Month with the announcement of “a series of female hires to strategic positions in the business.” Emer Murphy was “hired in October 2022 as Vice… Read More

April 4, 2023 @ 5:32 pm By Omar Faridi  |  

Virginia Credit Union (VACU) is a state-chartered credit union that has served the central Virginia community for over 100 years. Vice President of Mortgage Lending, Mitchell Jones, said: “At the end of the day, our job is just to help our members live successful financial… Read More