Tagged: digitalization

March 8, 2023 @ 10:34 pm By Omar Faridi  |  

Onbe, a corporate disbursements platform, published its 2023 Future of Payments Survey, finding that digital payments continue “to drive US consumer preferences in today’s connected economy.” 70% of respondents prefer “to receive payments digitally and 73% prefer to shop and pay with digital methods, including… Read More

March 4, 2023 @ 11:08 am By Omar Faridi  |  

Bybit, the world’s “third most” visited crypto exchange, has announced a dynamic partnership with Talos, the institutional digital asset trading technology provider. The integration “combines the power of Talos’s robust trade infrastructure solutions with Bybit’s access to a wide array of digital assets and best-in-market… Read More

March 2, 2023 @ 9:27 am By Omar Faridi  |  

Fibre Federal Credit Union is one example of a CU using these latest multi-factor authentication tools “to know they are actually speaking to a member.” Eltropy, the digital conversations platform for community financial institutions (CFIs),  announced the launch of “Video Verify.” The new Eltropy Video… Read More

February 27, 2023 @ 11:14 am By Omar Faridi  |  

The team at Bitpanda is pleased to announce the launch of the Pantos public beta. This is a major milestone for “developing technology-agnostic digital assets, and they’re proud to be part of it.” Pantos, the “first” Multichain Token System, has been designed “to make digital… Read More

February 24, 2023 @ 3:47 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) announces the launch of LifeSync, a personalized digital approach to aligning clients’ goals with their money. LifeSync, in the Wells Fargo Mobile® app, will be “available at the end of March to Wealth & Investment Management (WIM) clients.” Delivering… Read More

February 14, 2023 @ 9:53 pm By Omar Faridi  |  

In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman of the Central Bank of the UAE’s (CBUAE) Board of Directors, the CBUAE launched its Financial Infrastructure Transformation Program (FIT program)… Read More

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 @ 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 7, 2023 @ 11:25 pm By Omar Faridi  |  

Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank announced the launch of in-store acceptance of retail payments via Digital Rupee – Retail [e₹-R]. After being the first to introduce dynamic QR based in-store UPI payments, Reliance Retail, in continuance of… Read More

February 7, 2023 @ 2:41 pm By Omar Faridi  |  

State Street Corporation (NYSE:STT) announced the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund Connect ETF platform, a global online portal “for the creation and redemption of ETFs within the firm’s GlobalLink product suite.” The FIX enhancement, now available… Read More

February 4, 2023 @ 7:16 pm By Omar Faridi  |  

Proxymity, the digital investor communication platform, today announced its collaboration with FIS® to launch FIS Proxy Voting by Proxymity. The digital proxy voting service “connects issuers, intermediaries, and investors ensuring that investor communications are delivered in real-time.” Rapidly increasing cost pressures amidst “an unpredictable economic… 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

February 2, 2023 @ 10:03 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced the launch of American Express Business Blueprint, the company’s new digital cash flow management hub “designed exclusively for small businesses, which features cash flow insights, digital financial products, and an easy way to reach and manage their Business Cards.” American… 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 25, 2023 @ 6:51 pm By Omar Faridi  |  

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

January 25, 2023 @ 9:19 am By Omar Faridi  |  

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

January 15, 2023 @ 9:47 pm By Omar Faridi  |  

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

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 7, 2023 @ 5:07 pm By Omar Faridi  |  

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