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Banking Fintech News

Mr. Anil Jaggia, Former CIO, HDFC Bank, joins Cloud4C – a CtrlS Company, as a Strategic Advisor

Fintech News Desk
by Fintech News Desk0
He will play a pivotal role in designing innovative smart and intelligent technology solutions for the Banking sector Mr. Anil Jaggia, former CIO, HDFC Bank, and a technology veteran has joined Cloud4C – a CtrlS company, as a strategic advisor for the banking practice. He will work closely with the......
Business News

Trusona Announces Major Enhancements to its Industry-first AAMVA-based Driver’s License Identity Verification Service

Fintech News Desk
by Fintech News Desk0
Service now deployed nationwide by one of the largest U.S. banks to reduce account opening fraud Trusona, the pioneering leader in passwordless multi-factor authentication and identity solutions, today announced key enhancements to its industry-first identity proofing service that utilizes data from the American Association of Motor Vehicle Administrators (AAMVA). The......
Banking Fintech News

Galileo Integrates with Plaid to Simplify ACH Transfer Setup

Fintech News Desk
by Fintech News Desk0
Integration streamlines authentication of bank accounts for customers  Galileo announced its integration with Plaid today, giving Galileo clients a streamlined experience in the bank authentication process for its customers. With this integration, joint clients of Galileo and Plaid may offer their customers an easy way to connect their bank accounts and......
Banking Featured Fintech

Facial Recognition Technology – The Next Big Thing In Fintech?

Paroma Sen
by Paroma Sen0
DBS Now Allows Users to Sign Up for Digital Banking Services Using Face Identification Facial recognition technology is set to create a big impact on the gamut of fintech offerings and innovations. In July 2020, DBS announced that Singpass users will be able to sign up to access a range......
Fintech News

QLess Partners with Credit Unions to Encourage Social Distancing with Digital Queue Management System

Fintech News Desk
by Fintech News Desk0
As the financial services industry tackles the challenges of operating under COVID-19 safety recommendations, credit unions across the U.S., including Financial Center Credit Union and WFCU Credit Union, have recently selected the QLess customer interaction management (CIM) tool to virtually eliminate the need for lines. To serve the public safely, credit unions are recognizing that......
Fintech InsurTech News

First Update to ACORD Next-Generation Digital Standards Developed in Collaboration with Leading Insurance Organizations

Fintech News Desk
by Fintech News Desk0
ACORD, the global standards-setting body for the insurance industry, today announced the release of Version 1.1 of its Next-Generation Digital Standards for insurance data exchange, the first version of which were released earlier this year. Developed through ongoing collaboration with leading industry organizations, the Standards enable omnichannel information exchange using fine-grained......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Mobile Banking News Trading

Niyo Acquires Wealthtech Start-Up Goalwise; Aims To Target Millennials

Fintech News Desk
by Fintech News Desk0
In a bid to expand its product offering to the millennials, Niyo, India-based digital banking fintech start-up, has acquired Goalwise, a new-age mutual funds investment platform. The Covid-19 pandemic has significantly increased the demand for digital banking and related services. Niyo is well-placed to use this opportunity to rapidly expand its user......
Altamaha Drives Future of Banking with Citrix
Banking Fintech News

Altamaha Drives Future of Banking with Citrix

Fintech News Desk
by Fintech News Desk0
Community bank and trust uses digital workspace solutions to connect employees and customers across channels, deliver superior experience The move toward digital banking has been on for years. But banking is a business of relationships, and to build and maintain them, institutions must still connect in personal ways. The COVID-19......
Artificial Intelligence Banking Blockchain Fintech News

SilverCloud’s Banking Chatbot Surpasses 260,000 Consumer Requests During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Demand for self-service options surges in response to Coronavirus restrictions, financial institutions report 50 percent increase in overall chatbot usage SilverCloud, Inc.,  the only support solution built exclusively for the financial services industry, today announced record usage and increased demand for its artificial intelligence (AI) powered banking chatbot solution, successfully fulfilling more......
Ping An Bank named World's Best Digital Bank
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
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