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Zilch extends partnership with AWS

News | Online Payments | 24 Apr 2024

UK-based payments technology company Zilch has extended its partnership with Amazon Web Services (AWS) to support the launch of AI capabilities across its proposition. 

partnership, artificial intelligence, machine learning, fraud detection, customer experience, payments

Pico updates Corvil Analytics with ML and AI capabilities

News | Digital Identity, Security & Online Fraud | 24 Apr 2024

US-based technology services, data, and analytics provider Pico has added machine learning and AI capabilities to its Corvil Analytics 10.0 software release.

artificial intelligence, machine learning, data analytics, product upgrade

Fintech Galaxy partners with FinbotsAI

News | Online & Mobile Banking | 23 Apr 2024

Fintech Galaxy has announced its partnership with Singapore-based FinbotsAI in order to launch Open Banking credit scoring capabilities for its customers. 

partnership, product launch, banking, Open Banking, Open Finance, online banking, mobile banking, digital banking, financial services, financial institutions

Payflows raises EUR 25 million in Series A funding round

News | Online & Mobile Banking | 23 Apr 2024

France-based SaaS platform for finance teams, Payflows has announced the rise of EUR 25 million in a Series A funding round, aimed at its expansion strategy. 

funding, investment, banking, online banking, digital banking, mobile banking, financial services, financial institutions

EnStream, Socure tackle synthetic fraud in Canada

News | Digital Identity, Security & Online Fraud | 22 Apr 2024

EnStream and Socure have collaborated to integrate EnStream's data sets into Socure's Sigma Synthetic fraud solution, aimed at combating synthetic identity fraud in the Canadian market.

synthetic identity, identity fraud, identity verification, fraud prevention, machine learning

Cognizant joins forces with FICO

News | Digital Identity, Security & Online Fraud | 19 Apr 2024

US-based professional services company Cognizant has entered a strategic collaboration with FICO in a bid to introduce a cloud-based payment fraud prevention solution. 

partnership, fraud management, fraud detection, fraud prevention, transaction fraud, real-time payments

Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

The threats and opportunities of the AI revolution in compliance

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Apr 2024

Paola Cristina Nunez Ameri, CRCO and AMLCO, at Citibank Europe: ‘Artificial Intelligence has arrived, our job is to implement it ethically and responsibly.’

compliance, artificial intelligence, banks, AML, KYC, transaction monitoring, risk management

BIAN expands its network

News | Online & Mobile Banking | 17 Apr 2024

Independent not-for-profit standards association BIAN has announced the development of its network, as well as its commitment to optimising its banking solutions. 

expansion, banking, online banking, mobile banking, digital banking, financial services, financial institutions

DataVisor, Mitek team up for check fraud protection

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

DataVisor, an AI-powered fraud and risk platform, has announced a collaboration with Mitek, aimed at enhancing the comprehensive check fraud protection offerings within its platform.

partnership, financial institutions, artificial intelligence, machine learning, fraud detection

Oracle launches a service to combat money laundering

News | Digital Identity, Security & Online Fraud | 12 Apr 2024

Oracle's Financial Services division has launched the Financial Services Compliance Agent, a cloud-based service powered by artificial intelligence (AI).

product launch, fraud prevention, AML, cloud services

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

CFPB and EU commence talks on consumer finance

News | Payments General | 12 Apr 2024

The Consumer Financial Protection Bureau and the EU have initiated a dialogue on consumer finance, addressing Big Tech, digital payments, and AI.

financial services, artificial intelligence, bigtech, digital payments

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Cognizant partners with Shopify and Google Cloud

News | Payments General | 11 Apr 2024

US-based professional services company Cognizant has announced its strategic partnership with Shopify and Google Cloud, aiming to advance digitalisation for global retailers. 

partnership, digital payments, digitalisation, retail, ecommerce, ecommerce platform

Kueski launches in-store Kueski Pay for BNPL transactions

News | Online Payments | 10 Apr 2024

Kueski, a prominent player in the buy now, pay later (BNPL) and online consumer lending sector in Latin America, has announced the forthcoming launch of the in-store version of Kueski Pay.

fintech, financial inclusion, mobile payments, retail

Linedata announces the acquisition of DreamQuark

News | Online & Mobile Banking | 09 Apr 2024

Financial software provider Linedata has announced the acquisition of France-based AI-platform developer DreamQuark.

acquisition, startup, artificial intelligence, financial services

Innovation in payments: what role do policy and regulation play?

Voice of the Industry | Payments General | 09 Apr 2024

Paul Worthington, Head of Regulatory Affairs at Innovate Finance, speaks about the role policy and regulation play when it comes to payment innovation.

stablecoin, central bank, policy, regulators, CBDC, Open Banking, payments

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.

KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy

Papaya Global partners with Fortris

News | Online & Mobile Banking | 05 Apr 2024

Papaya Global has announced its partnership with Fortris in order to deliver secure and fast digital asset workforce payments to companies around the world. 

partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions