Tagged: it

Digital Identity Verification Firm Trulioo Shares Common Use-Cases for ID Verification

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

European Central Bank Releases Action Plan to Address Recommendations after TARGET Incidents in 2020

The European Central Bank (ECB) has published an action plan to address the recommendations of an independent review “mandated by the ECB’s Governing Council in November 2020, following the five major incidents that affected TARGET2 and TARGET2 Securities in 2020.” The update from the ECB… Read More

Bank of Ireland to Pay €24.5 Million Fine for Allegedly Failing to Maintain Proper IT Systems

The Bank of Ireland has reportedly been fined €24.5 million by the Central Bank for failing over the course of over 10 years to have a proper system in place to allow for the continuity of service to clients in the event of a major… Read More

ID Verification Platform Trulioo Reports that 87% of Compliance Professionals Say Digital Identity More Important Now Following COVID Outbreak

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

Payments Ring Supplier McLear Joins Multos Consortium

The MULTOS Consortium, a group of organizations that are focused on the promotion and development of the MULTOS specifications, revealed that McLEAR, a technology firm supplying smart payment rings has joined as a Partner Member. MULTOS is a security technology for all-digital devices offering a… Read More

Edinburgh-based TSB Bank to Establish New IT Center to Support Digital Banking Services as Part of $156 Million Investment

TSB has confirmed that it will establish a new IT center based in Edinburgh, in order to support the launch of digital banking services, as part of a £120 million (appr. $156 million) investment – which is expected to create around 100 new technology jobs,… Read More

Qatar Financial Center Records 33% Growth with Over 800 Fintech, IT, Tax, and Investment Consulting Firms Now Part of the Organization in 2019

The Qatar Financial Center (QFC), one of the largest and fastest-growing business and financial centers in the Middle Eastern country, ended 2019 with a significant 33% growth, as nearly 200 companies registered on QFC’s platform. The number of firms establishing operations out of the QFC… Read More

Speedcast Announces Partnership With Plug and Play to Focus on Technology Growth With the Communication & IT Services Sector

Speedcast International Limited (ASX: SDA), Australia-based remote communication and IT services provider, announced on Monday it has teamed up with Plug and Play, a global innovation platform and startup accelerator, to focus on the advancement of technology within the communication and IT services sector. Speedcast stated its… Read More

IT Service Provider Zensar Announces Acquisition of Insurtech Cynosure

IT service provider Zensar announced on Wednesday it has entered into a definitive agreement to acquire U.S.-based insurtech Cynosure, which focuses on providing Guidewire platform implementation services to Property and Casualty (P&C) insurance carriers. The company reported: “This acquisition is a critical component of Zensar’s… Read More

BNI Europa Teams Up With Code For All to Launch IT Developer “Bootcamps” For Portugal Residents

Banco BNI Europa, through Puzzle, its online credit brand, announced this week it has created a partnership with Code for All to provide financial aid to anyone who wants to learn to become an IT developer in Portugal. The partnership aims to convert unemployed people… Read More

ClearFoundation Wants to Raise NZD $1 Billion in 5 Year Token Issuance

New Zealand-based ClearFoundation, and its commercialization partner Utah-based ClearCenter, have announced an NZD $1 billion (or about USD $730 million) initial coin offering of ClearFoundation’s tokens known as CLEAR Tokens. So who is the ClearFoundation? The ClearFoundation was formed in 2009 in New Zealand as an… Read More

Success: Teneno Completes Seedrs Round & Secures Nearly £165,000

Teneno has successfully completed its equity crowdfunding round on Seedrs. The IT networks company not only secured its initial £150,000 funding, it also attracted nearly £165,000. The London-based company revealed it allows SMEs to move away from outdated hardware solutions by banishing the need for those industrial cabinets… Read More

Teneno Overfunds: IT Networks Company Secures £150,000 Funding Target During Seedrs Round

IT networks company Teneno has successfully raised its £150,000 funding target during its equity crowdfunding campaign on Seedrs. As previously reported, Teneno is based in London and has offices in New York and Hyderabad. The company offers technology that simplifies mid-sized for small and mid-sized businesses, giving… Read More

IT Networks Company Teneno Seeks £150,000 on Seedrs

Teneno, a IT networks company, has launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £150,000 for growth and development of its products.  The company, which is based in London and has offices in New York and Hyderabad, offers technology that simplifies… Read More

Portal of Pain Launches New Crowdsourcing Leadership Tool

Portal of Pain (PoP), a lean startup platform for IT executives to share and solve business-critical problems, announced on Tuesday that it has launch a new crowdsourcing leadership tool that transforms how executives engage with internal teams, partners and customers to help drive innovations. PoPin… Read More

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