Tag : banking

Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.
News Security

Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.

PR Newswire
by PR Newswire0
The Global FinTech Alliance, an initiative established in Madrid, serves as a nexus for the global digital finance industry. The alliance, driven from Spain, marks a milestone in regional cooperation to promote best practices and fintech innovation.   The company seeks to enhance cybersecurity by facilitating transactions that are safer, faster, and more......
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:......
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......
UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry
Banking News

UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry

PR Newswire
by PR Newswire0
Growing credit union benefits from open, scalable platform to support expansion throughout the state of Wyoming UniWyo Credit Union’s strong relationship with Jack Henry enabled it to successfully complete its merger with Reliant Federal Credit Union. UniWyo Credit Union and Reliant Federal Credit Union merged in the third quarter of 2023, collaborating on the......
Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors
Banking News

Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors

PR Newswire
by PR Newswire0
Digital channel spending as a percentage of total IT spend up 3%; Chatbot deployment increased by 15% Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of its latest research in partnership with Cornerstone Advisors’ Ron Shevlin, chief research officer. The Digital Banking Performance......
Marqeta Partners with OakNorth to Offer Commercial Cards in the UK, Embracing Growing Small and Medium-Sized Business Demand for Better Banking Tools
Finance News

Marqeta Partners with OakNorth to Offer Commercial Cards in the UK, Embracing Growing Small and Medium-Sized Business Demand for Better Banking Tools

Business Wire
by Business Wire0
Leading UK digital bank OakNorth has turned to Marqeta to support its Business Banking offering and meet the growing demand for transaction banking services. Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced a partnership with OakNorth, the digital bank for entrepreneurs,......
Square Brings Offline Payments to All Hardware Devices, Around the Globe
Digital Payments News

Square Brings Offline Payments to All Hardware Devices, Around the Globe

Business Wire
by Business Wire0
Offline payments, Square’s no-connection-required solution to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country. Whether in a remote location or facing a technology disruption, now nearly every Square seller can continue to operate business-as-usual and keep sales flowing. “Our recent......
Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch
Banking News

Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch

Business Wire
by Business Wire0
Atomic is excited to announce its collaboration with San Antonio-based Frost Bank, a top 50 financial institution with 185 branch locations across Texas. Incorporating Atomic into its operations will help Frost achieve its goals of improving customer satisfaction and making banking more accessible for all. Frost will be using Atomic’s solution for direct......
Fintech Galaxy Launches Open Banking Credit Scoring Capabilities in Partnership with Singapore’s FinbotsAI
Banking News

Fintech Galaxy Launches Open Banking Credit Scoring Capabilities in Partnership with Singapore’s FinbotsAI

Fintech News Desk
by Fintech News Desk0
• Fintech Galaxy redefines credit scoring by leveraging Singapore’s FinbotsAI’s AI-driven credit scoring platform, CreditX, within FINX Connect. • The collaboration introduces a state-of-the-art solution for instant credit risk assessment utilizing Open Banking data to enhance lending decisions and drive operational efficiency in the MENA region. • Fintech Galaxy will......
DCI Expands DataVisor Partnership for Increased Fraud Protection
Fintech News Risk Management Security

DCI Expands DataVisor Partnership for Increased Fraud Protection

Business Wire
by Business Wire0
DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor’s next-generation fraud solutions......
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