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CARES 2 Legislation Stalls; President Trump Signs Executive Order Deferring Payroll Taxes
Banking Fintech News Risk Management

Bankers Cite Credit Risk as the Top Concern in Wolters Kluwer’s Basel IV Survey

Fintech News Desk
There is a general consensus among bankers as to which challenges posed by the Basel III finalization reforms (commonly referred to as Basel IV) are most acute, with credit risk identified as the biggest challenge, and of the need to use the data generated to make their institutions more efficient......
Later Deadline Isn’t Necessarily Better – Tax Changes Causing Americans Concern
Fintech Investment Services News

Later Deadline Isn’t Necessarily Better – Tax Changes Causing Americans Concern

Fintech News Desk
With this year’s new tax deadline (July 15) quickly approaching, Americans are concerned about taxes but it’s not about filing on time1. Nearly 7 out of 10 consumers are concerned that a change in taxes will have an impact on their retirement savings according to research from Lincoln Financial Group.......
Amalgamated Life Insurance Company Announces a Rebrand to Better Reflect a Family of Companies
Fintech InsurTech News

Amalgamated Life Insurance Company Announces a Rebrand to Better Reflect a Family of Companies

Fintech News Desk
Amalgamated Life Insurance Company, a leading provider of comprehensive insurance solutions, announced that it and its affiliated companies, have completed a rebranding initiative designed to better reflect the “Amalgamated Family of Companies” and leverage the brand equity in the flagship company’s name, “Amalgamated.” Read More: Jack Henry & Associates Launches Core-Integrated......
eCapital Corp. Names Charles Sheppard as Chief Operating Officer
Capital Markets Economy Fintech News

RedfinNow Resumes iBuying in Four Additional Metros as Housing Market Continues to Recover

Fintech News Desk
Redfin, the technology-powered real estate brokerage, has resumed buying homes through RedfinNow in four additional markets: Dallas, San Antonio, Los Angeles and Orange County, CA.  RedfinNow, which buys homes directly from homeowners and resells them to homebuyers, paused making offers on homes on March 17 due to economic uncertainty at the outset of the coronavirus pandemic. On May......
ING Direct Chooses Expert System's Natural Language Understanding AI to Augment Robotic Process Automation
Artificial Intelligence Fintech News Robotic Process Automation

ING Direct Chooses Expert System’s Natural Language Understanding AI to Augment Robotic Process Automation

Fintech News Desk
Expert System announced that ING has chosen to extend AI-based automation benefits across the organization and improve back office operations. Expert System’s Natural Language Understanding (NLU) capabilities will be instrumental in augmenting ING customer service agents and accelerating the application of Robotic Process Automation (RPA) to a broader range of knowledge-based processes.......
India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology
Banking Fintech News

Southeast Asia’s Cross-Border Real-Time Payments Network Emerges with Payments Innovation as Driving Force, New Research from ACI Worldwide and Kapronasia Reveals

Fintech News Desk
Southeast Asia is emerging as a global focal point for cross-border real-time payments growth, with ISO 20022 and QR codes as key drivers, according to Envisioning a pan-regional real-time payment ecosystem in Southeast Asia. The new research, published by ACI Worldwide and financial technology market research and consulting firm Kapronasia, reveals real-time payments......
Penta Security Unveils Bank-level MPC Solution Targeting Digital Asset Management Market
Fintech News

Penta Security Unveils Bank-level MPC Solution Targeting Digital Asset Management Market

Fintech News Desk
Penta Security, a leading cybersecurity company in Korea, announced the release of its exclusive MPC (Multi-Party Computation) solution that runs on a cryptographic protocol which operates computations based on the consensus of multiple parties. This not only secures transactions, but allows cryptographic keys to be stored and shared safely for the......
DataVerify Platform a Critical Channel in Delivering Innovis Credit Reports to Assist in Forbearance Identification
Fintech News Risk Management

DataVerify Platform a Critical Channel in Delivering Innovis Credit Reports to Assist in Forbearance Identification

Fintech News Desk
DataVerify, a leading provider of workflow solutions, data verification, and risk mitigation services to the mortgage industry, announced it has coordinated with affiliate Factual Data to make Innovis credit reports accessible through their DRIVE workflow platform free of charge through the end of the year. Read More: SIMON Markets LLC......
INTL FCStone Significantly Expands Relationship With Eventus Systems for Market Surveillance in EMEA Region
Capital Markets Fintech News Risk Management

INTL FCStone Significantly Expands Relationship With Eventus Systems for Market Surveillance in EMEA Region

Fintech News Desk
After successful transition to Eventus in U.S. last year, firm taps Validus platform for futures, fixed income and equities surveillance in Europe Eventus Systems, a multi-award winning global trade surveillance and risk management software platform provider, announced that INTL FCStone Ltd., the London-based European subsidiary of Fortune 500 company INTL FCStone......
Vanguard, Symbiont And Partners Collaborate To Accelerate Digitization Of Currency Forward Market Using Blockchain Technology
Blockchain Business Capital Markets Fintech News

Vanguard, Symbiont And Partners Collaborate To Accelerate Digitization Of Currency Forward Market Using Blockchain Technology

Fintech News Desk
Vanguard, in collaboration with technology provider Symbiont, and in conjunction with Bank of New York Mellon, State Street, and Franklin Templeton, is actively exploring the application of distributed ledger technology (DLT) to foreign-exchange forwards, bringing transparency and workflow efficiencies to the over-the-counter currency market. As part of this pilot, Vanguard has simulated......
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