Tag : financial institutions

Clip Money Expands By Collaborations with Local Partners
Fintech News

Clip Money Expands By Collaborations with Local Partners

Fintech News Desk
by Fintech News Desk0
With the expansion of shopping mall relationships with Simon, Tanger, and Spinoso, Clip now has a network of nearly 400 mall-based locations, with plans on expanding the network throughout 2024 with additional property owners. Clip Money, Inc., a company that operates a multi-bank self-service deposit system for businesses, announced an......
LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC
Investment Services News

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region’s Fastest-Growing IFC

PR Newswire
by PR Newswire0
Abu Dhabi Global Market (ADGM), has declared 2023 as a year of success for the international financial centre of the UAE’s capital, highlighting its performance as the fastest-growing financial centre in the region for two consecutive years, as well as Abu Dhabi’s rise as a globally recognised financial hub. ADGM had a......
New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider
Finance Fintech News

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
by Business Wire0
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......
Finastra Hires Chief Technology Innovation Officer
Fintech News

Finastra Hires Chief Technology Innovation Officer

Fintech News Desk
by Fintech News Desk0
Mike Stawchansky to drive all customer technology and innovation initiatives Finastra announced the appointment of Mike Stawchansky to the role of Senior Vice President, Chief Technology Innovation Officer. Mike is working in the Office of the CEO and is responsible for Finastra’s customer technology and innovation initiatives.  Mike said, “I......
FIS Invites the Next Generation of Banking and Payments Innovators to Apply for its 2024 Accelerator Program
Banking Finance Fintech

FIS® Announced that Applications are Open for the FIS Fintech Accelerator 2024

Business Wire
by Business Wire0
Two-week incubation and 12-week intensive program offers a unique opportunity for up to ten handpicked fintech companies to pressure-test and perfect their solutions under expert guidance. Participants benefit from FIS’ unparalleled position in the global financial ecosystem to launch solutions that drive economic vitality. Now in its ninth successful year,......
63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.
Finance Fintech News

63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.

PR Newswire
by PR Newswire0
The survey results highlight the immediate market opportunity for FIs to capitalise on existing customer demand for intelligent payment routing and embedded banking services enabled by ISO 20022 messaging standards. New Datos report finds businesses plan to adopt the new messaging standard driven by the ability to automate payables and......
Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions
Fintech News

Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions

PR Newswire
by PR Newswire0
This expansion will improve the bank’s compliance operations. Silent Eight’s solutions underpin HSBC’s dedication to advance automation and digital enablement. Silent Eight, a leading Regtech firm specialising in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programmes, announced the expansion of its......
Nium Partners With Ebury
Digital Payments Fintech News

Ebury and Nium Expand Partnership to Power Cross-border Payments in Brazil

PR Newswire
by PR Newswire0
Together, Nium and Ebury will enable businesses to send or receive fast, reliable, and affordable cross-border payments to and from Brazil. Ebury, one of the world’s largest fintech companies specializing in transactions for SMEs, announced its partnership expansion with Nium, the leader in real-time global payments, to deliver a groundbreaking......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Compliance management News

Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada

PR Newswire
by PR Newswire0
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
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