Search Results for: financial security
Open Banking: Will Open Banking Help Reduce Information Asymmetry Between Consumers and Finserv/Fintech Companies?
Open banking is a banking policy that allows third-party financial service providers to access consumer banking, transactional, and other financial data from banking and non-banking financial institutions through Application Programme Interfaces (APIs). This practice has the potential to shape the consumer’s experience of banking services. Under open banking, banks enable......
Kingdom Trust Now Offers Custody for Hedera Hashgraph
Custody solution helps provide long-term security for HBAR holders Hedera Hashgraph, the enterprise-grade distributed public ledger, and Kingdom Trust, a leading qualified custodian holding cryptocurrency investments, announced that Kingdom Trust has added Hedera’s hbar (HBAR) to its list of acceptable digital currency investments. Read More: Finhabits Launches Microlearning Journeys to Help......
Brattleboro Savings & Loan Selects NCR to Elevate Digital Banking Experience
NCR, a global enterprise technology provider for the financial industry, announced that Vermont-based Brattleboro Savings & Loan (BS&L) chose NCR to provide customers and businesses with a superior digital banking experience. Read More: Executives Explore Disruptions in Fraud Trends, Securing Online Channels and Mobility Payments in Transit “NCR is committed to......
FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments
Financial technology leader FIS announced that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort to invest a target of $150 million in promising fintech startups over the next three years. Read More: Former U.S. Secretary of Commerce, Penny Pritzker, Doubles Down on Payments Infrastructure Pioneer......
BMO Harris Bank and 1871 Launch WMN•FINtech, Women’s Fintech Mentoring Program
BMO Harris Bank and 1871 today announced a nationwide call to apply for WMN•FINtech, a mentoring program for women-led startups and the latest evolution of the BMO Harris / 1871 Innovation Program. This marks the first time BMO and 1871 have partnered on a women’s-focused program. Applications will be accepted......
ThetaRay Recognized for Fraud Prevention Innovation with 2020 FinTech Breakthrough Award
AI-based Big Data Analytics Leader Celebrates the Latest in a Series of Industry Honors ThetaRay, the leading provider of AI-based Big Data analytics, announced that it has been selected as winner of the “Best Fraud Prevention Company” designation in the fourth annual FinTech Breakthrough Awards program. Read More:Â Invoia Re-Brands, Focuses......
SoFi Facilitates PPP Support To Members During COVID-19
SoFi Provides Small Businesses Easy Access to Network of Lenders for PPP Loans SoFi announced it has helped funnel over $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders, through Lantern, the product comparison site operated by......
Digital Asset Custody Company Brane Announces Insurance Coverage
Brane Inc., a leading digital asset exchange and custodian, announced that the company has obtained full crime insurance coverage for custodied digital assets through a global consortium of industry-leading insurers and arranged by one of the world’s largest insurance brokers. Brane’s insurance coverage includes all currency or funds on hand,......
Wolters Kluwer’s Paycheck Protection Program FinTech Solution Helps Retain 500,000 American Jobs
Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ financial technology solution, designed to help banks, credit unions, and other lenders support small businesses with payroll funding during the COVID-19 crisis, has so far assisted in PPP loan approvals supporting approximately 500,000 jobs across the U.S. The company......