Tagged: financial institutions

June 26, 2022 @ 11:01 pm By Omar Faridi  |  

Surecomp recently announced that two financial institutions have subscribed to its newly launched RIVO platform “for collaborative trade finance.” DZ Bank is the first bank “to sign-up, alongside the leading provider of guarantee insurance in the Nordics.” Frankfurt-based DZ BANK – which also acts as… Read More

June 26, 2022 @ 3:15 pm By Omar Faridi  |  

Glia, the provider of Digital Customer Service, has acquired Finn AI, the AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies “by making Finn AI’s proven conversational AI solutions an integral part of Glia’s …… Read More

June 20, 2022 @ 7:34 pm By Omar Faridi  |  

BOND.AI, a “human-centered” artificial intelligence firm, recently announced the creation of The BOND Network, a “first-of-its-kind” network of financial institutions and employers for “truly interconnected finance.” The network gives partners – like banks, credit unions, large enterprises, and small businesses – access to modern financial… Read More

June 20, 2022 @ 5:58 pm By Omar Faridi  |  

Quavo Fraud & Disputes, the provider of cloud-based fraud and dispute management SaaS solutions for issuers, announced its partnership with the omnichannel payments platform Qolo “to reduce dispute processing costs and fraud losses for issuing financial institutions.” Quavo’s Disputes as a Service™ offering “features automated… Read More

June 15, 2022 @ 7:55 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) recently issued revised Guidelines on Business Continuity Management (BCM) for financial institutions, to help them strengthen their resilience “against service disruptions arising from IT outages, pandemic outbreaks, cyber-attacks and physical threats.” The revisions take into account learnings “from the… Read More

May 28, 2022 @ 7:10 pm By Omar Faridi  |  

LevelField Financial, the U.S. financial services firm uniting digital assets and traditional banking services in one “trusted” platform, has selected METACO, the provider of digital asset custody orchestration technology “to complex, global financial institutions.” LevelField is deploying its institutional digital asset management operations on IBM… Read More

May 25, 2022 @ 10:43 am By Omar Faridi  |  

Bitfrost, the fintech ecosystem that supports financial institutions in their adoption and management of digital assets, announced its successful registration “as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).” Now, Bitfrost can “provide clients with access to fiat-to-crypto, crypto-to-fiat and… Read More

May 23, 2022 @ 5:51 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) recently announced that Array’s credit management services, identity protection tools, and offers engine will be integrated into the Banno Digital PlatformTM, “offering consumers personalized credit and financial insights through their trusted financial institutions.” Array has leveraged the Banno… Read More

May 20, 2022 @ 12:20 pm By Omar Faridi  |  

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, has added research and global investment firm AllianceBernstein (AB) to its client roster “helping traders gain better insights more efficiently, improving traders’ experience, and optimizing their productivity.” As a global asset manager, AB… Read More

May 8, 2022 @ 11:56 am By Omar Faridi  |  

Asa connects financial institutions with vetted Fintechs for end users “in a secure, compliant and easy to implement marketplace.” The firm has announced that 40-year banking industry veteran Austin Adams has “joined its board of directors.” In this role, Adams is “helping drive the company’s… Read More

May 5, 2022 @ 2:38 pm By Omar Faridi  |  

The Federal Reserve recently reported that it officially began onboarding pilot participants onto the FedNow Service, “signaling that the initial testing phase of the FedNow Pilot Program is underway.” A few organizations have now successfully “connected and delivered test messages over a pilot version of… Read More

May 3, 2022 @ 9:49 pm By Omar Faridi  |  

Akoya is the “first” third-party service provider to provide access to the Secure Token Exchange (STE), “a new optional capability from The Clearing House (TCH) that issues tokens for financial institutions’ account numbers, for the RTP network and EPN, the real-time payments and Automated Clearing… Read More

April 28, 2022 @ 12:10 am By Omar Faridi  |  

Financial institutions can access a “curated” set of Fintech solutions that can help them reach new customers, “operate more efficiently” and compete “more effectively” via the launch of AppMarket from Fiserv (NASDAQ: FISV), an international provider of payments and financial services tech solutions. The Fintech… Read More

April 27, 2022 @ 2:07 pm By Omar Faridi  |  

Personetics, which claims to be the leading provider of financial data-driven personalization, customer engagement, and advanced money management capabilities for financial institutions, recently announced the launch of Sustainability Insights. This offering, included within the Personetics engagement platform, will help banking institutions meet growing customer demand… Read More

April 17, 2022 @ 8:00 pm By Omar Faridi  |  

We recently connected with Bill Sytsma, Senior Vice President at Callsign, a digital trust pioneer servicing some of the top banks in the US, to discuss authorized push payment (APP) fraud. Bill began working at Callsign in January 2021, where he is responsible for the… Read More

April 15, 2022 @ 11:24 am By Omar Faridi  |  

Douugh Ltd, the banking ‘Super App’ on a mission to help customers budget, save and invest their money “to live financially healthier lives,” is pleased to announce a partnership with Pinwheel in order to facilitate automatic direct deposit switching for its US clients. Douugh’s clients… Read More

April 11, 2022 @ 8:21 am By Omar Faridi  |  

Bitstamp, which claims to be the world’s longest running crypto exchange, recently announced its “Bitstamp-as-a-Service,” or BSaaS, a fast, cost-effective, and “hassle-free” way for institutions “to enter the rapidly growing crypto market in the U.S.” The service will provide Fintechs and traditional financial institutions “with… Read More

April 9, 2022 @ 11:28 am By Omar Faridi  |  

We recently connected with Len Covello, the CTO at Engage People, the loyalty network that enables program members to pay with points (PwP) directly at checkout. Covello talked about the ongoing growth of the loyalty rewards landscape and the opportunity for retailers and financial institutions…. Read More

April 1, 2022 @ 8:07 am By Omar Faridi  |  

Millions of UK bank account holders are “putting themselves at a much greater risk” of fraud by ignoring warnings provided by the Confirmation of Payee (CoP) service. This, according to research by Lloyds Bank. When sending funds online to someone that hasn’t been paid before,… Read More

March 29, 2022 @ 10:37 pm By Omar Faridi  |  

Mashreq Bank, a leading financial institution based in the United Arab Emirates, has completed the transition of its payments division into a wholly owned subsidiary, IDFAA Payment Services LLC, with a brand name NEOPAY, supported by Mashreq. NEOPAY, powered by Mashreq Bank, will reportedly leverage… Read More