Search Results for: innovative

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
Fintech News

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

PR Newswire
by PR Newswire0
Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence,......
Open-ECX-announces-partnership-with-Medius-to-offer-enhanced-AP-automation-capabilities
Finance Fintech News

Open ECX announces partnership with Medius to offer enhanced AP automation capabilities

PR Newswire
by PR Newswire0
Following its recent launch into the channel market, leading e-trading solutions and Accounts Payable (AP) automation software provider, Open ECX, has announced a new partnership with Medius to provide their enhanced suite of advanced AP automation solutions. Open ECX’s statement reconciliation functionality together with Medius’s AP automation and fraud detection offerings offer organisations......
FactSet Introduces AI-Powered Portfolio Commentary
Artificial Intelligence Fintech News

FactSet Introduces AI-Powered Portfolio Commentary

GlobeNewswire
by GlobeNewswire0
A breakthrough portfolio analysis solution that drives productivity and understanding FactSet, a global financial digital platform and enterprise solutions provider, today announced its latest GenAI advancement, Portfolio Commentary. This innovative solution complements FactSet’s industry-leading performance attribution capabilities with detailed and source-linked commentary to empower buy-side and wealth management professionals to......
Fintech Quavo Fraud & Disputes Unveils Major Feature Release to Reduce Assignment Volumes and Enhance Automation for Improved User Experience and Program Autonomy
Fintech News

Fintech Quavo Fraud & Disputes Unveils Major Feature Release to Reduce Assignment Volumes and Enhance Automation for Improved User Experience and Program Autonomy

PR Newswire
by PR Newswire0
Quavo Fraud & Disputes, the industry-leading provider of automated dispute SaaS solutions tailored for issuing financial institutions, announces the release of QFD Version 24.01. The cloud-based platform leads the way in claim work automation, boosting efficiency with innovative automated solutions. This latest iteration reaffirms Quavo’s commitment to revolutionizing the claim......
Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report
Finance Fintech News

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report

Business Wire
by Business Wire0
266.2 billion real-time payments transactions were recorded globally in 2023, a YoY growth of 42.2% 49% of all real-time transactions worldwide were made in India, followed by Brazil (14%), Thailand (8%), China (7%) and South Korea (3%) Report highlights lessons learned from five of the world’s most successful real-time payments......
Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments
Finance Fintech News

Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments

PR Newswire
by PR Newswire0
The collaboration aims to address demands from users, retail, SMEs and large corporations. Synergy enhances speed and transparency by streamlining financial operations. Veritran announces a collaboration with Swift, the world’s leading provider of financial messaging services, that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience......
Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System
Digital Payments News

Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System

PR Newswire
by PR Newswire0
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge:......
Total Active Hub Partners with Cleo to Enhance Rewards Engine with Blockchain Technology
Blockchain Fintech News

Total Active Hub Partners with Cleo to Enhance Rewards Engine with Blockchain Technology

Fintech News Desk
by Fintech News Desk0
Total Active Hub, a leader in workplace wellbeing solutions, is excited to announce a strategic partnership with Cleo, a pioneering real world assets (RWA) technology platform. This collaboration marks a significant enhancement to Total Active Hub’s rewards engine, integrating Cleo’s blockchain technology to offer a broader range of incentives and......
Ryan Appoints New Chief Data Officer Chitranjan Sharma
Fintech News

Ryan Appoints New Chief Data Officer Chitranjan Sharma

Business Wire
by Business Wire0
Ryan, a leading global tax services and software provider, is pleased to announce that Chitranjan Sharma has been appointed as Chief Data Officer (CDO). Sharma brings more than a decade of extensive experience in building technology and data platforms in capital markets and implementing innovative products, promoting a data-driven culture.......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
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