Search Results for: bank transfers
How Can Banks Stay Competitive With A Secured IT Security Infrastructure?
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
MUFG Investor Services Expands Banking Solutions to Provide Global Payment and Cash Management Services to Clients
Banking Executive, Adil Rehman, Named Managing Director, Global Head of Payments & Liquidity to Build Expanded Banking Capabilities MUFG Investor Services, a global leader in asset servicing, banking, and fund financing for the alternative investment management industry, announced plans to expand its banking solutions to address global client demand for......
Papara, A Turkish Fintech Business, Has Acquired The Spanish Neobank Rebellion.
Purchase of Rebellion Papara, a Turkish financial technology business, has announced the purchase of Rebellion, a Spanish neobank. This strategic decision represents a big step forward for the Istanbul-based corporation in its efforts to extend its footprint in Europe. Neobanks are forward-thinking financial organizations that only function via mobile and......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
RYVYL EU and Visa Partner to Enable Visa Direct for Fast and Secure Account-to-Account Transfers
RYVYL Inc., a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions announced a strategic partnership between its wholly-owned subsidiary in Europe, RYVYL EU, and Visa. With RYVYL EU being a fully licensed electronic money institute (EMI), this partnership will......
Treasury Prime Announces Partnership with Sardine to Strengthen Fraud Detection Capabilities for Banks
Treasury Prime, a leading embedded banking software company, announced its strategic partnership with Sardine, an all-in-one fraud detection, compliance, and risk management platform. This collaboration will empower companies and financial institutions within Treasury Prime’s multi-bank network to leverage Sardine’s Sponsor Bank Operating System, offering turnkey fraud management and oversee BSA/AML compliance at 3rd parties.......
TerraPay Expands in Morocco, Teams Up with Attijariwafa Bank for Cross-Border Payments
In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, a leading global payments infrastructure company, announced its partnership with Attijariwafa bank, Morocco’s largest banking group by market capitalization, to facilitate real-time and seamless global money transfers directly to the bank accounts in Morocco. This partnership will......
Cross River Bank and Fintainium Expand Fintech Payment Offerings
Partnership empowers businesses with flexible payment options to facilitate growth Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will provide a range of payment......
Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation
Creates Blueprint for How Financial Institutions Can Significantly Strengthen the Security and Privacy of Customer Interactions While Also Dramatically Improving CX Journey.ai, Inc, a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the......