Category : Banking

Banking Digital Finance News

Software Technology Company Hub-Suite Introduces 3D Secure Solution, a Flexible Authentication Solution to Reduce Online Payment Fraud for its Budgeting and Credit Card Management Platform SpendHub

Fintech News Desk
by Fintech News Desk0
3D Secure strengthens online authentication and minimizes friction 3D Secure makes SpendHub online and mobile transactions more secure by requiring cardholders to complete an additional verification step at the time of payment. The Three-Domain Secure (3D Secure or 3DS) is a security protocol created by EMVCo (a body made up of the......
Artificial Intelligence Banking Fintech News

Windward Provides Danske Bank with AI Solution for Optimizing Sanctions Compliance and Maritime Trade Finance

Fintech News Desk
by Fintech News Desk0
Windward’s AI-powered Predictive Intelligence platform will be used by Danske Bank to automate global compliance processes, including enhancing detection of financial crime Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and Danske Bank, one of Denmark’s largest banks and one of the biggest financial institutions in Northern Europe, have entered......
Banking Fintech Fintech Funding News

Current Announces $131 Million in Series C funding; Surpasses 2 Million Members

Fintech News Desk
by Fintech News Desk0
New investor Tiger Global Management leads round after record year of growth and revenue for mobile bank Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, announced it has raised $131 million in Series C funding. New investor Tiger Global Management led the round for the mobile bank,......
Artificial Intelligence Banking Big Data Fintech News

Crayon Data’s Relevance Quotient Report 2020 Explains the Trends and Patterns of Personalized Banking

Fintech News Desk
by Fintech News Desk0
Includes 100+ banks across 17 geographies Crayon Data, a fast-growing AI and Big Data company, announced the launch of its Relevant Quotient Report to help banks in their personalization journeys. Due to COVID-19, new patterns in consumer purchase trends have put banks and merchants in a tough spot. They need......
Banking Featured Fintech Investment Services

Diving into a Few Open Banking Platforms that are Making Waves Around the World

Paroma Sen
by Paroma Sen0
Open banking and open banking APIs are changing the world of fintech  The landscape of financial services have been disrupted by the FinTech industry. Traditional banks, in order to gain a competitive advantage and retain their customers for the long term have to embrace the digital technologies and solutions. The......
Banking Fintech News

COVID-19 Increases Urgency for Banks to Transform Payment Systems as Digital Payments Soar, Finds Research from Accenture

Fintech News Desk
by Fintech News Desk0
Accenture predicts US$7 trillion in consumer spending will shift from cash to cards and digital payments by 2023 The rapid shift to digital payments due to the COVID-19 pandemic is urgently increasing the need for banks to modernize their payment systems, according to a new report from Accenture (NYSE: ACN).......
Banking Fintech Guest Posts

Personalization: The Gen Z Banking Imperative

Meenaz Sunderji
by Meenaz Sunderji0
Generation Z, the next generation of bank customers, represents a sizeable market segment. This generational cohort, born after 1996, makes up about 20% of the U.S. population according to Statista and data from Business Insider indicates that Gen Z wields purchasing power of more than $143 billion. Purchasing power that is projected by......
Banking Fintech News

XacBank Mongolia Selects Infosys Finacle To Power Its Digital Transformation

Fintech News Desk
by Fintech News Desk0
XacBank, a leading universal bank in Mongolia, and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), today announced the selection of Finacle’s core banking, treasury, and corporate banking solution suites to power XacBank’s digital transformation. The Finacle solution suite will enable the bank to drive all-round business transformation......
Banking Fintech News

Former Goldman Sachs Tech Chief Elisha Wiesel Joins The Floor as Chairman, Bringing Over 25 Years of Wall Street Banking Experience to the Fintech Company

Fintech News Desk
by Fintech News Desk0
Wiesel will help drive the Company’s platform to its next stage of growth and bolster strategic partnerships The Floor, a pioneering technology provider empowering global banks to seamlessly manage their vendor offerings alongside their internal stack, today announced the appointment of Elisha Wiesel as Chairman of its Board of Directors. In his......
Banking Fintech News

Synchrony Unveils New Digital Capabilities For Simplifying Consumer Financing At The Point Of Sale

Fintech News Desk
by Fintech News Desk0
Synchrony, a premier consumer financial services company, expanded its financing platform with new digital capabilities that make it faster and easier for partners to leverage technology at the point of sale and grow their business. Synchrony Multisource Financing™ offers additional lending sources within the Synchrony Business Center enabling more consumer financing possibilities. Synchrony has also enhanced......
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