Category : Risk Management

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ACI Worldwide Research Reveals Increase in June eCommerce Sales – Largest Since the Start of COVID-19 Pandemic Restrictions

Fintech News Desk
Global eCommerce sales rose 28 percent in June 2020 compared to June 2019, making it the largest year-over-year (YoY) increase in sales since COVID-19 restrictions were put in place in March. The analysis by ACI Worldwide (NASDAQ:ACIW) of hundreds of millions of eCommerce transactions from global merchants also showed a continued increase......
Banking Big Data Mobile Banking News Risk Management Trading

daVinci Payments Future of Payments UK Study Reveals Online and Mobile Domination

Fintech News Desk
daVinci Payments released a new national UK study identifying how people are making and receiving payments during shelter-in-place and how they intend to shop in the future. The “Future of Payments UK” study conducted 19-29 June 2020, pinpoints how UK payment and shopping habits have changed as a result of the pandemic, and......
Business Fintech News Risk Management

Cambridge Global Payments Announces New Endorsement Partnership with Financial Executives International Canada

Fintech News Desk
Cambridge Global Payments (“Cambridge”), a FLEETCOR company and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce they have been selected by the Financial Executives International Canada (“FEI Canada”) board as the endorsed and exclusive provider of foreign currency exchange and international payments solutions......
Fintech News Risk Management

Moody’s Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards

Fintech News Desk
Moody’s Analytics has won the Best Middle-Office Platform category in the 2020 WatersTechnology Asia Awards, on the strength of our regulatory compliance and balance sheet management capabilities. Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities “We’re honored by this recognition in the WatersTechnology Asia......
Fintech News Risk Management

KBRA Releases Research – U.S. Banks: Thinking Through the Great Unknown–Loan Losses in the Pandemic

Fintech News Desk
Kroll Bond Rating Agency (KBRA) releases a research report that outlines our views on the current stresses facing the U.S. banking industry amid the ongoing economic challenges brought on by the coronavirus (COVID-19) pandemic. The report also dispels other areas of the balance sheet that, in KBRA’s view, do not......
Fintech News Risk Management

Sumsub Achieves Payment Card Industry Data Security Standard (PCI DSS) Certification for Its Identity Lifecycle Management Platform

Fintech News Desk
Sumsub, a fast-growing identity verification platform for KYC/KYB/AML,  announced that it has successfully proved its commitment to data security, and has been awarded the Payment Card Industry Data Security Standard (PCI DSS). The Payment Card Industry Data Security Standard (PCI DSS) is the gold standard when it comes to the......
Business Fintech News Risk Management

Code42 Partners with Cybrary to Educate Security Practitioners about Insider Risks to Data

Fintech News Desk
Code42, the leader in insider risk detection and response, announced that it has partnered with Cybrary to invest in educating security practitioners on insider threats, which accounts for about two-thirds of breaches to data. The company recently expanded the coursework it offers – with a new multi-part video series – in the......
Fintech News Risk Management

GardaWorld Acquires Leading Integrated Security Risk Management Firm WorldAware

Fintech News Desk
GardaWorld Security Corporation (the “Company” or “GardaWorld”) is pleased to announce its acquisition of WorldAware, a leading security risk management firm based in the United States. WorldAware, combined with Crisis24, a GardaWorld Company, will create THE premier industry player in integrated security risk management. The strategic acquisition of WorldAware enables GardaWorld to offer......
Artificial Intelligence Capital Markets Fintech News Risk Management

Cloudera MD for Financial Services, Dr. Richard Harmon, Joins Aiydec as Special Advisor, Oxford University Professor Dr. Alessandro Abate Joins as Chief Scientist

Fintech News Desk
Aiydec announced that Dr. Richard Harmon has joined Aiydec as special advisor for “Go to market strategy” and “External partnerships.” Also, Dr. Alessandro Abate has joined the company as Chief Scientist. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That Signed On With BlackLine In Q1 2020 Dr. Harmon is based......
Artificial Intelligence Fintech News Risk Management

Standard Chartered and Universities Space Research Association join forces on Quantum Computing

Fintech News Desk
Standard Chartered Bank and Universities Space Research Association (USRA) have signed a Collaborative Research Agreement to partner on quantum computing research and developing quantum computing applications. In finance, the most promising use cases with real-world applications include quantum machine learning models (generating synthetic data and data anonymisation) and discriminative models......
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