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Amazon Fashion has announced its plans to leverage artificial intelligence (AI) to support customers who shop for clothing online to find their correct size.
online shopping, shopping, artificial intelligence, machine learning, customer experience
The European Payments Council (EPC) has published the default remuneration model for the SEPA Payment Account Access scheme.
SEPA Payment Account Access Scheme, regulation, Open Banking, payments
Singapore-based fiat-crypto payment gateway Alchemy Pay has integrated privacy-preserving KYC solutions from zkMe to augment its onboarding of new clients process.
KYC, identity verification, data privacy, digital onboarding, web3, DeFi
The Financial Conduct Authority (FCA) has announced that the Digital Sandbox will be made permanently available on 1 August 2023, following two successful pilots.
digitalisation, startup, SMEs, product launch, API, data protection
Personal finance app Fintonic has developed OpenInsights, its new division specialised in designing advanced Open Banking services and data analysis for companies and financial entities.
Open Banking, data analytics, data aggregation, data, SaaS
Sandy Lavorel from NetGuardians reveals how his company has developed a way for banks to share information on fraud risk that significantly improves detection rates for fraud and identifies accounts used for money laundering.
financial crime, fintech, banks, regulation, AML, fraud detection
IBM has entered into a definitive agreement to purchase US-based IT management software company Apptio for USD 4.6 billion.
IBM, financial data, data analytics, data aggregation, spend management
US-based VantageScore has announced the release of its MarketGain product, aimed to offer data-driven insights on addressable markets to fintechs and lenders.
product launch, online banking, digital banking, mobile banking, banking, lending, financial services, financial institutions
Amazon has announced the Anti-Counterfeiting Exchange (ACX), an industry collaboration designed to make shopping safer and more difficult for counterfeiters to sell their goods.
Amazon, retail, ecommerce, data sharing, fraud prevention
Tim Jennings, Synechron: Financial institutions can monetize data for revenue and efficiency, but face challenges. A data strategy, governance, architecture, and ethical measures are crucial.
data, financial institutions, banks
Dynamic Yield, a Mastercard company, has rolled out Element, a suite of Mastercard applications and extensions integrated intro Dynamic Yield’s Experience OS.
MasterCard, data analytics, financial data, data aggregation, transaction monitoring, digital payments
US-based fraud prevention company NICE Actimize has released ‘The 2023 NICE Actimize Fraud Insights Report’ that reveals pressing threats and patterns for FIs.
financial institutions, online fraud, digitalisation, risk management, cashless
CaixaBank Research has launched its Real-Time Economics website, offering information in real time on Spain's economic reality.
product launch, data, ATM, POS, transactions
Garient Evans from Trulioo reveals how a faster and frictionless method of address verification and more accurate proof of address determination for crypto exchanges boost UX while managing compliance
identity verification, KYC, API, cryptocurrency exchange, digital wallet, trust, data privacy
RiskBusiness, a provider of governance, risk, audit, compliance, and content Software-as-a-Service (SaaS) solutions, has completed the acquisition of the Global Operational Loss Database (GOLD) from partner UK Finance.
acquisition, risk management, compliance, SaaS, data
Frances Zelazny, the founder of Anonybit, explains what decentralised biometrics is and why is this topic so relevant for the digital economy
digital identity, biometric authentication, data sharing, online authentication
Brazil-based fintech EBANX’s Beyond Borders 2021/2022 study has shown that mobile purchases will drive commerce growth in LATAM, expecting a 37% increase by the end of 2021.
research, growth markets, data, mobile payments, ecommerce, digital wallet, online payments
PhonePe, data, digital payments, product launch
Moneyhub has launched a new ‘Rent Recognition’ feature which will drive financial inclusion by offering everyone a new way of building up their credit score.
Moneyhub, product launch, financial inclusion, data
Maxim Kuzin, Head of Fraud Prevention and Risk as a Service at Radar Payments, provides a take on the current trends followed by fraudsters in order to commit financial crimes all over the world
Radar Payments, fraud prevention, friendly fraud, social engineering, account takeover