Tagged: financial services

July 5, 2021 @ 7:06 pm By Omar Faridi  |  

Contour, a blockchain or distributed ledger tech (DLT)-enabled trade finance network that was previously called Voltron, has established a new innovation lab in Singapore. Contour says it will be working cooperatively with its wide network of banking institutions, corporates and various other ecosystem partners to… Read More

July 5, 2021 @ 2:59 pm By Omar Faridi  |  

mmob, an Open Finance partnership platform, has announced that it has received authorization or approval from the UK’s Financial Conduct Authority (FCA) for Payment and Account Information Service Provision. The approval from the United Kingdom’s regulatory authority validates mmob’s progressive business model and embedded finance… Read More

July 5, 2021 @ 10:10 am By Omar Faridi  |  

ZA International reveals that it has entered an agreement with BC Technology Group, which is the parent firm of OSL Digital Securities, a Securities and Futures Commission (SFC)-licensed digital asset service provider. Through the partnership, OSL should become the exclusive digital asset trading partner to… Read More

July 2, 2021 @ 4:54 pm By Omar Faridi  |  

Elucidate, the financial crime risk scoring solution provider, has introduced the Elucidate FinCrime Risk Monitor (EFRM), an open database for assigning scores to the financial crime risk vulnerability of financial institutions. The EFRM has been designed to enhance transparency in the financial services sector. The… Read More

July 2, 2021 @ 4:50 pm By Omar Faridi  |  

The team at Addepar, a leading asset manager, recently had a detailed discussion with Ruchir Swarup, CTO at the company. Ruchir Swarup is currently responsible for leading the tech teams that have made Addepar the “platform of choice” for wealth management companies. Addepar offers efficient… Read More

July 2, 2021 @ 4:44 pm By Omar Faridi  |  

Trifork, a next-gen IT solutions provider, and Modularbank, a Cloud-enabled Core banking tech firm, have agreed to an integration partnership, solidifying both firms’ banking and Fintech product offerings. As banking continues its rapid digital transformation from physical branches to all-digital platforms (a trend accelerated by… Read More

June 25, 2021 @ 6:04 pm By Omar Faridi  |  

Doxim, the customer communications management (CCM) and engagement technology provider focused on serving financial and regulated markets, has introduced an omnichannel CCM solution in the UK. Doxim’s CCM has been designed to empower customer experience leaders and business users to own the shift from print… Read More

June 25, 2021 @ 1:32 pm By Omar Faridi  |  

Marketware International reveals that it has formed a strategic alliance with Orion Advisor Solutions in order to offer banking institutions, broker-dealers, and various enterprise-level institutions access to Orion’s innovative technologies. Marketware currently operates as a global enterprise offering “customized” retail financial products and solutions. Marketware… Read More

June 24, 2021 @ 10:05 pm By Omar Faridi  |  

Financial institutions will now be able to give consumers the option to purchase, sell and hold Bitcoin via their bank accounts – which will be enabled through an integration between Fiserv, Inc. (NASDAQ: FISV), a provider of payments and financial services tech solutions, and NYDIG,… Read More

June 24, 2021 @ 1:17 am By Omar Faridi  |  

Saudi Arabia-based Tweeq, a provider of spending accounts for individuals and small businesses operating across the country, revealed that it has finalized an undisclosed seven-figure funding round, which has been co-led by STV and Raed Ventures. As noted by the company’s management: “Our mission is… Read More

June 23, 2021 @ 11:06 pm By Omar Faridi  |  

x15ventures, which is Commonwealth Bank‘s venture-scaling unit, has chosen Stone & Chalk, Australia’s Impact Network for emerging tech startups and scale-ups, in order to assist with recruiting seasoned founders to take part in Xccelerate21, which focuses on reimagining the retail experience. Xccelerate21 is described as… Read More

June 23, 2021 @ 8:17 pm By Omar Faridi  |  

Stash, the subscription platform that aims to empower middle-class America to build wealth via innovative investing and banking products, has acquired PayGrade, a financial literacy platform assisting students with adopting healthy financial habits. As mentioned in an update shared with CI, the addition of PayGrade… Read More

June 21, 2021 @ 8:17 pm By Omar Faridi  |  

Ezbob Ltd., a customer acquisition technology provider for financial services, has launched a new modular software-as-a-service or SaaS platform that addresses key trends in the financial services industry. The firm’s Ezbob Express aims to focus on providing financial services companies with the flexibility of filling… Read More

June 19, 2021 @ 8:53 pm By Omar Faridi  |  

ICICI Bank Ltd, a privately-owned Indian development finance institution with its registered office in Vadodara, Gujarat, and corporate office in Mumbai, Maharashtra, has launched “ICICI STACK for Corporates,” which is described as a complete set of digital banking services for corporates and their promoters, group… Read More

June 19, 2021 @ 3:33 pm By Omar Faridi  |  

Hong Kong-based digital technology park Cyberport has revealed that the application stage for the initial phase of its Fintech Proof-of-Concept (PoC) Subsidy Scheme has now closed. The initiative reportedly received more than 80 applications. The scheme has been commissioned by the Financial Services and the… Read More

June 18, 2021 @ 8:32 am By Omar Faridi  |  

UK’s Paysend, the card-to-card pioneer and global payments platform, has introduced Paysend 4.0, which is described as a new digital money app designed to manage all payments requirements from a single location. As noted in the announcement, the latest version offers global transfers, a multicurrency… Read More

June 16, 2021 @ 3:17 am By Omar Faridi  |  

Volante Technologies, an established provider of Cloud-based payments and financial messaging, and SIA, a European hi-tech firm focused on payment services and infrastructures  (controlled by CDP Equity), have teamed up to enable banking institutions, financial service providers to gain access to instant payments. This should… Read More

June 15, 2021 @ 7:56 am By Omar Faridi  |  

Italy-based Fabrick, an Open Banking ecosystem, is introducing various API-powered solutions that aim to harness the power of Open Finance. Fabrick has developed two different solutions that are reportedly based on Mastercard APIs: InControl for Business and Identity Check Mobile (IDCM). They are used to… Read More

June 15, 2021 @ 3:17 am By Omar Faridi  |  

The Basel Committee on Banking Supervision, the main international standard-setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters (with 45 members comprising central banks and bank supervisors from 28 jurisdictions), has initiated a public consultation on… Read More

June 12, 2021 @ 7:24 pm By Omar Faridi  |  

Line has reportedly introduced its third digital banking platform in Southeast Asia through a partnership with PT Bank KEB Hana Indonesia. The introduction of the smartphone-only bank in Indonesia has come after similar launches in Taiwan and Thailand. The partnership between Line and Hana Bank… Read More