FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
Quantalytix Launches Enterprise Bank Management Software for Credit Unions
Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for financial institutions, announced the launch of their comprehensive data analytics solution specifically tailored for credit unions.
Sionic Announces Suite of Trust-Based Services for Bank-to-Bank, Verified Rapid Payments
Sionic, a leading provider of omni-commerce, faster digital payments solutions, announced it is launching a suite of new, trust-based services to address the significant challenges facing faster payments in the U.S. whether on The RTP Network or upcoming FedNow bank rails. The services are designed to help avoid fraud that is prevalent in person-to-person (P2P) payments as is reported regularly.
Gate.io Deploys Coinfirm’s AML/CFT Platform To Further Enhance Its AML/CTF Standards
Gate.io, the world’s leading digital asset trading platform, has chosen Coinfirm, the global leader in analytics and anti-money laundering (AML) solutions for the blockchain industry, as one of its key AML/CFT partners.
Qonto Relies on Qover’s Orchestration Platform for Its New Card Insurance Offer
Leading European business finance solution Qonto has partnered with embedded insurance orchestration provider Qover to streamline their insurance operations. Qover’s modular embedded insurance orchestration platform enables companies like Qonto to integrate tailored insurance products for a better user experience, while simplifying program management through transparent claims data.
Pismo and Drona Pay to Boost Security in Digital Payments
Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise. India follows the international trend. UPI transactions increased by 91% last year. Meanwhile, complaints on the NCRP rose by 34% between Q1 and Q2, 2022.
