Tag : financial institutions

The Shyft Federation Launches The Shyft Network Mainnet
Blockchain Digital Finance Fintech News

The Shyft Federation Launches The Shyft Network Mainnet

Fintech News Desk
by Fintech News Desk0
The Shyft Federation has launched the Shyft Network, with a focus on security and privacy The Shyft Federation has launched the Shyft Network, with a focus on security and privacy. The network is built with an opt-in toolset for trustless identity attestation, and DeFi compliance; the final piece for institutional buy-in to......
Equilibrium and FutureProof Announce Climate Risk Asset Pricing Partnership
Fintech News

Equilibrium and FutureProof Announce Climate Risk Asset Pricing Partnership

Fintech News Desk
by Fintech News Desk0
Collaboration employs fintech to provide unparalleled insight into real-asset, sustainability-linked investment  FutureProof, a financial technology firm that enables companies to understand, quantify, and prepare for the financial impacts of climate change announced its partnership with Equilibrium Capital Group, a leading global sustainability-driven asset management firm. Together, Equilibrium and FutureProof will......
Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital
Cryptocurrency Digital Fintech News

Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital

Fintech News Desk
by Fintech News Desk0
– Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. – The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders will maintain approximately 86% ownership of the public......
Revelock Teams up With Veritran to Boost Digital Banking Defenses
Banking Digital Fintech Mobile Banking News

Revelock Teams up With Veritran to Boost Digital Banking Defenses

Fintech News Desk
by Fintech News Desk0
Partnership helps financial institutions and fintech companies take an Active Defense approach to fighting fraud Revelock, the pioneer in behavioural biometric-based online fraud detection and response, and Veritran, a global company that facilitates digital transformation through its Enterprise Low-Code Platform, have announced a formal partnership designed to reduce digital bank fraud......
Wolters Kluwer Thought Leadership Points to Automation and Domain Expertise as Critical to Managing Bank Compliance Challenges
Banking Fintech News

Wolters Kluwer Thought Leadership Points to Automation and Domain Expertise as Critical to Managing Bank Compliance Challenges

Fintech News Desk
by Fintech News Desk0
ABA Banking Journal article highlights the value of combining human experts, technology to survive the “new normal” As banks look to establish new patterns of normalcy post-Covid, they face strong headwinds. Given the continued steep pace of regulatory change, evolving customer behaviors, rising fintech competition, and shifting regulatory priorities, they......
JMP Group Announces Addition of Rahul Buxani to Investment Banking Division
Banking Fintech Investments News

JMP Group Announces Addition of Rahul Buxani to Investment Banking Division

Fintech News Desk
by Fintech News Desk0
Managing Director Joins JMP Securities With Focus on Financial Technology JMP Group LLC, an investment banking and alternative asset management firm, announced that Rahul Buxani has joined JMP Securities as a managing director in its investment banking group. Based in the firm’s New York office, Buxani will concentrate on the......
The Green Climate Fund Approves $170.9 Million in Co-financing for African Development Bank’s LEAF Program
Fintech News

The Green Climate Fund Approves $170.9 Million in Co-financing for African Development Bank’s LEAF Program

Fintech News Desk
by Fintech News Desk0
LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries The Board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) program. LEAF aims to unlock commercial and local-currency......
Cost of Fraud in Asia-Pacific Markets is High According to LexisNexis Risk Solutions Study
E-commerce Fintech News

Cost of Fraud in Asia-Pacific Markets is High According to LexisNexis Risk Solutions Study

Fintech News Desk
by Fintech News Desk0
Verifying Identity and Determining Transaction Origination are Common Challenges Across Australia, Hong Kong, Japan and India LexisNexis® Risk Solutions today released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the......
Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals
Digital Payments Fintech News

Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals

Fintech News Desk
by Fintech News Desk0
Three in five (61%) consumers in Southeast Asia select real-time payments – such as DuitNow (Malaysia), PayNow (Singapore) and PromptPay (Thailand) – as a preferred way to pay in 2021, equal to cash (61%) Strong consumer demand for real-time payments demonstrates urgent need for payments modernization across Southeast Asia and heralds......
Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA
Digital Payments Machine Learning News

Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA

Fintech News Desk
by Fintech News Desk0
Leading issuer and acquirer in Nordic and Baltic regions enhances its fraud platform with ACI Fraud Management ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy, contributing to a sizeable decrease in card fraud ACI Worldwide, a leading global provider of real-time payments and digital......
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