Articles with tag: digital transformation

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Lloyds Banking Group partners with Form3 fintech

22 Jul 2020 | Online & Mobile Banking

Lloyds Banking Group has partnered with Form3, a cloud-native payments technology fintech, to accelerate its digital transformation and improve customers’ digital experience.

Lloyds Banking Group, Form3, fintech, payments technology, cloud, digital transformation, digital experience, payments architecture, New Payments Architecture, NPA initiative, cloud-native, PaaS, Payments as a service, UK, Europe, banks

Fenergo selected by Aviva for KYC, CDD, and AML processes

25 Jun 2020 | Digital Identity, Security & Online Fraud

Fenergo has been selected by Aviva to replace KYC, customer due diligence (CDD), and AML systems and services. 

Aviva, Fenergo, KYC, CDD, AML, digital transformation, client lifecycle management, CLM, financial institutions, customer due diligence, onboarding, risk assessment, management, regulations, auditors, UBO, data

Fund management companies attract followers on Alipay

10 Jun 2020 | Online Payments

Alipay has revealed that 82 fund management companies in China have collectively attracted over 120 million followers on their official corporate accounts on Alipay as of 9 June 2020. 

fund management, Alipay, digital platform, China, AI, financial institutions, operational optimisation, marketing, digital transformation, user experience, payments

Alipay announces its AI-powered risk engine AlphaRisk

15 May 2020 | Digital Identity, Security & Online Fraud

Alipay has unveiled the enhanced version of the AI-powered risk engine AlphaRisk, the core of its risk and security technologies. 

Alipay, AI, risk engine, AlphaRisk, safety, digitisation, digital transformation, security, fraud, loss, risk detection, management, fraud attempts

Finxact announces Core-as-a-Service on Microsoft Azure

14 May 2020 | Digital Identity, Security & Online Fraud

Finxact, a US-based Core-as-a-Service banking provider, has completed a replatforming initiative to support its financial institution clients on Microsoft Azure.

Finxact, Core-as-a-Service, Microsoft Azure, financial institution clients, digital transformation, security, compliance, cloud providers, transaction processing engine, inventory management system, deposit, loan, core transaction data, analytics, decision tools, Microsoft Power BI

IBM Canada, credit unions team up for payments modernisation on IBM Public Cloud

13 May 2020 | Payments General

A new Prairie Payments Joint Venture (PPJV) and IBM have signed an 8-year, multi-million-dollar agreement to digitally transform and modernise credit union payment services in Canada.

Prairie Payments Joint Venture, PPJV, IBM, IBM cloud, payment modernisation, digital transformation, real time payments

Mobiquity, Jumio partner for digital onboarding process

12 May 2020 | Digital Identity, Security & Online Fraud

Mobiquity has unveiled a new partnership with Jumio, an AI-powered online identity verification and authentication services company.

Mobiquity, partnership, Jumio, digital onboarding, digital transformation, banks, retail, identity verification, fraud detection, KYC, AML, compliance, identity authentication

COVID-19 impact on Saudi Arabian banks might last up to nine months – KPMG study

28 Apr 2020 | E-invoicing, SCF & E-procurement

A report released by KPMG Saudi Arabia has revealed the impact COVID-19 has on the banking sector and the potential countermeasures to cope with the new normal.

bank, digital transformation, COVID-19, coronavirus, KPMG, report, banking, SMEs, retail banking, credit card, mortgage, liquidity, cyber risk, SAMA

Fomo Pay expands digital payment service into Malaysia

22 Apr 2020 | Mobile Payments

Singapore-based digital payment solution provider Fomo Pay has opened an office in Malaysia and has partnered OCBC Bank on a cross-border funds collection service.

Fomo Pay, Malaysia, expansion, Singapore, QR payments, QR code collection, Asia, APAC, OCBC Bank, digital transformation, OCBC OneCollect, QR code payments

Forter's report shows trends that accelerate digital transformation for merchants

09 Apr 2020 | Digital Identity, Security & Online Fraud

Ecommerce fraud prevention company Forter has announced the release of the Forter Special Report on the impact of coronavirus on consumer and fraudster behaviour. 

coronavirus, pandemic, store Closures, digital transformation, merchants, ecommerce, fraud, fraudster behaviour, online purchases, fake emails, gift card, fraud vectors, attacks, account abuse, payment abuse

Fiserv provides businesses with new solution to secure customer's personal info

08 Apr 2020 | Digital Identity, Security & Online Fraud

Payments and financial services technology solutions provider Fiserv has revealed a new solution  for businesses to better secure customer data.

Fiserv, businesses, personal information, security, data protection, tokenization, digital transformation, encryption, merchants

For 90% of UK consumers technology offering impacts their choice of bank

02 Apr 2020 | Online & Mobile Banking

A Modularbank study has found that for over 90% of UK consumers a strong technology is important to them when choosing who to bank with.

Moudlarbank, study, report, banking, digital transformation, banking technology, fintech

Deloitte and FintechOS, partners in CEC Bank's digital transformation

31 Mar 2020 | Online & Mobile Banking

Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package.

Deloitte, FintechOS, CEC Bank, digital transformation, fintech, innovation, mobile banking

MoneyGram Online announces business growth

19 Mar 2020 | Payments General

MoneyGram International has reported nearly 60% year-over-year transaction growth for MoneyGram Online year-to-date through February 2020.

digital transformation, P2P payments, mobile payments, money transfers, API platform, MoneyGram Online, MoneyGram International, US

Egypt in talks with IDEMIA for digital ID

13 Mar 2020 | Digital Identity, Security & Online Fraud

Egypt's Minister of Communications and Information Technology has met with IDEMIA representatives to discuss the company’s investment plans.

Egypt, digital ID, IDEMIA, artificial intelligence, digital transformation, identity services, fingerprint

Lloyd's taps into Google Cloud for digital transformation

11 Mar 2020 | Payments General

Lloyds Banking Group has agreed on a five-year partnership with Google Cloud to boost its digital transformation work.

Lloyds Banking Group, digital transformation, UK, cloud, IT systems, Google Cloud

Alipay to support the digital transformation of 40 mln service providers in China

10 Mar 2020 | Online Payments

Alipay has revealed a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China. 

Alipay, digital transformation, service providers, China, mobile payment, contactless services, grocery deliveries, legal advice, medical advice, logistics, service providers

Vantage Bank Texas selects Backbase's digital platform

09 Mar 2020 | Online & Mobile Banking

Vantage Bank Texas (Vantage) has selected Backbase’s digital platform to develop dynamic user journeys across its entire client base, reports IBS Intelligence.

Vantage Bank Texas, Backbase, digital, digital banking, innovation, banks, financial institutions, customer experience, commercial banking, digital transformation

Temenos to accelerate digital transformation for ATIB

26 Feb 2020 | Online & Mobile Banking

Assaray Trade and Investment Bank (ATIB) has selected Switzerland-based banking software provider Temenos to enhance its digital transformation. 

Assaray Trade and Investment Bank, Temenos, Libya, Tripoli, online banking, digital banking, bank, banking system, digital transformation, financial technology, Islamic Bank,

NICE Actimize, Crowe team up to adopt automation techs

29 Jan 2020 | Digital Identity, Security & Online Fraud

NICE Actimize and Crowe have announced a global strategic collaboration in financial crime and compliance services and technology offerings.

NICE Actimize, Crowe, collaboration, partnership, automation, digital transformation, financial crime, compliance, crime management, fraud detection, regulations, analytics