Search Results for: banking processes

FCA Grants License To Yolt Technology Services
Banking Business Fintech News

FCA Grants License To Yolt Technology Services

Fintech News Desk
by Fintech News Desk0
Yolt Technology Services (YTS), Europe’s leading open banking provider, has hit another milestone in its journey after being granted a PSD2 license from the FCA. This means YTS can continue with payment services activities that include Payment Initiation Services (PIS) and Account Information Services (AIS) under its own independent FCA......
Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module
Artificial Intelligence Banking Digital Machine Learning News

Tinkoff Applies Encryption Tech From oneFactor to Protect Client Data in AI Credit Scoring Module

Fintech News Desk
by Fintech News Desk0
Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself. This is made possible by the oneFactor platform, which uses a Hardware Security Module (HSM)......
Corcentric Acquires B2B Payments Provider Vendorin
B2B Banking Digital Fintech News

Corcentric Acquires B2B Payments Provider Vendorin

Fintech News Desk
by Fintech News Desk0
Corcentric, a leading provider of business spend management and revenue management software and services, today announced the acquisition of Vendorin from Juvo Technologies for a purchase price of $100 million. Other financial terms were not disclosed, and the acquisition was financed with cash on hand following Bregal Sagemount’s investment in May 2020.......
Greece's Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution
Banking Business Fintech News

Greece’s Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution

Fintech News Desk
by Fintech News Desk0
One of Greece’s 4 systemic banks meets new regulations with an advanced solution, winning 2021 FICO Decisions Award for Regulatory Compliance Highlights: Eurobank, one of the four systemic banks in Greece, has responded to new European regulations by broadening its use of FICO compliance solutions to cover all stages of the......
Calastone Implements Opsmatix Artificial Intelligence Solution Improving Client Handling And Efficiency Within Client Operations
Banking Fintech InsurTech Investment Services News Risk Management

Calastone Implements Opsmatix Artificial Intelligence Solution Improving Client Handling And Efficiency Within Client Operations

Fintech News Desk
by Fintech News Desk0
Opsmatix, an innovative provider of AI-powered omnichannel operations automation solutions, today announces that Calastone, the world’s largest global funds network, has implemented the Opsmatix SaaS platform to process increasing business and email volumes into Calastone’s Operations Team. Read More: Kasasa To Embed Bitcoin Tech From Nydig in Banking Package Currently, Calastone supports some 2,500 clients in 44......
Vienna Insurance Group’s Digital Start-up, Beesafe, Achieves Rapid Four-month Guidewire Deployment in Midst of Global Pandemic
Blockchain Digital Fintech Fintech Startups News Risk Management

Vienna Insurance Group’s Digital Start-up, Beesafe, Achieves Rapid Four-month Guidewire Deployment in Midst of Global Pandemic

Fintech News Desk
by Fintech News Desk0
Polish insurance brand offers 21st century business model, state-of-the-art IT architecture, and unique customer proposition Beesafe, the digital brand of the Vienna Insurance Group’s (VIG) Polish subsidiary, and Guidewire Software, Inc, the platform general insurers trust to engage, innovate, and grow efficiently, today announced that Beesafe has deployed Guidewire to underpin......
Higher Education Institutions Rely on PaymentWorks to Digitize Critical Supplier Payment Functions and Guard Against Fraud
Banking Fintech Investment Services Mobile Banking News Risk Management

Higher Education Institutions Rely on PaymentWorks to Digitize Critical Supplier Payment Functions and Guard Against Fraud

Fintech News Desk
by Fintech News Desk0
Automating pervasive manual processes eliminates the risk of business payments fraud and ensures consistency of payments despite pandemic-driven changes to internal controls  PaymentWorks today announced higher education institutions across the country are increasingly relying on the PaymentWorks Business Identity Platform to automate critical payee identity processes and eliminate the risk......
AIO and Finastra awarded $1M grant from the BIRD Foundation to expedite banks' customer onboarding and loan origination
Banking Business Fintech News

AIO and Finastra Awarded $1m Grant From the BIRD Foundation to Expedite Banks’ Customer Onboarding and Loan Origination

Fintech News Desk
by Fintech News Desk0
AIO – Verified Financial Identity, a Fintech company based in Tel Aviv, and Finastra, today announced that they have been awarded a USD $1 million grant from the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation for the co-development of a digital customer onboarding solution. Developed by AIO and available......
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