Tagged: digitalization

February 19, 2025 @ 9:43 pm By Omar Faridi  |  

Earnix, a provider of intelligent decisioning SaaS solutions for regulated industries, announced the launch of the Earnix Copilot, “Alix.” This generative AI-driven agent is designed to enhance decision-making within the Earnix platform, driving “business outcomes and productivity for insurance and banking organizations.” With the Earnix… Read More

February 19, 2025 @ 5:10 pm By Omar Faridi  |  

Daniel Gorfine, Founder & CEO, Gattaca Horizons LLC, is pleased to join J. Christopher Giancarlo and Brian Peters in co-authoring a piece in the Milken Institute Review that makes the case for payments modernization in the U.S. As noted in the paper, over the past… Read More

February 18, 2025 @ 9:12 pm By Omar Faridi  |  

Tribe Payments, a digital payment and infrastructure orchestrator focused on specializing in issuer and acquirer processing, joined the Singapore FinTech Association (SFA). This latest milestone that builds on Tribe’s October 2024 expansion into Asia-Pacific (APAC) region. Joining the SFA strengthens Tribe’s presence within one of… Read More

February 17, 2025 @ 6:45 am By Omar Faridi  |  

Multiples Alternate Asset Management, along with its co-investors, announced that it has signed definitive documents to acquire a controlling stake in digital product engineering platform, QBurst. This transaction, with an investment of $200 million, reportedly “marks Multiples’ largest control investment in technology services.” Established back… Read More

February 13, 2025 @ 10:04 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced that a new entity will be set up to consolidate the administration and governance of the city-state’s national payment schemes in a concerted effort to “position these schemes for the… Read More

February 13, 2025 @ 3:28 pm By Omar Faridi  |  

PayPal Holdings Inc. (NASDAQ: PYPL) announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). Now, travelers looking to cruise with Norwegian Cruise Line, Oceania Cruises® and Regent Seven Seas Cruises, can… Read More

February 13, 2025 @ 7:35 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announces that it has joined forces with PwC to accelerate the delivery of Fenergo’s solutions to financial institutions. The collaboration will combine PwC’s financial… Read More

February 10, 2025 @ 9:02 pm By Omar Faridi  |  

Q2 Holdings, Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, has announced that Wells Fargo (NYSE: WFC) has launched a commercial banking platform. The platform is designed to enhance bankers’ ability to serve commercial clients and increase collaboration and efficiency. According… Read More

February 5, 2025 @ 9:08 pm By Omar Faridi  |  

Eastnets, a global firm enabling and supporting compliance, payments, and cloud solutions, has launched a SWIFT Service Bureau in the Kingdom of Saudi Arabia (KSA). Designed to empower institutions with compliant solutions, the Eastnets KSA Service Bureau delivers seamless SWIFT connectivity, cloud-enabled operations, and “adherence… Read More

February 5, 2025 @ 2:13 pm By Omar Faridi  |  

MongoDB, Inc. (NASDAQ: MDB) announced that Lombard Odier, a  Swiss private bank, partnered with MongoDB to enhance its banking tech systems. In collaboration with MongoDB, Lombard Odier has streamlined the modernization of its systems and apps with generative AI, “reducing technical complexity and accelerating the… Read More

January 19, 2025 @ 8:16 pm By Omar Faridi  |  

10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More

January 17, 2025 @ 7:11 pm By Omar Faridi  |  

Thunes, the “Smart Superhighway” to move money around the world, today welcomes Hyperwallet, a PayPal service for global payouts, as a Member of Thunes’ Direct Global Network. As part of this network, Hyperwallet customers can send money in real-time to “more than 450 million mobile… Read More

January 8, 2025 @ 7:06 am By Omar Faridi  |  

BRISKPE, a PayU-backed cross-border payment platform, has introduced a solution designed to meet the needs of MSMEs. This platform integrates account-to-account (A2A) transfers, card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers and freelancers with “efficiency in managing international transactions.” By… Read More

January 5, 2025 @ 8:08 am By Omar Faridi  |  

As digital payments continue to replace more traditional methods of payment, network tokenization plays a key role in boosting security and efficiency across the card-not-present ecosystem, according to an update from Juniper Research. By involving the issuing bank early in the transaction authorization process, network… Read More

January 2, 2025 @ 8:39 pm By Omar Faridi  |  

Identity verification APIs play a vital role in integrating applications in a way that establishes security, improves compliance, and streamlines user onboarding. This, according to an update from Prove. Prove explained that these tools are necessary for creating trustworthy digital ecosystems, as they address everything… Read More

December 31, 2024 @ 10:22 am By Omar Faridi  |  

HC3, a data-driven statement provider, announced a partnership with Apiture, a provider of digital banking solutions, to deliver digital statements via the Apiture Digital Banking Platform. The partnership enables Apiture bank and credit union clients to provide their account holders with “secure, immediate access to… Read More

December 27, 2024 @ 3:28 pm By Omar Faridi  |  

As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More

December 21, 2024 @ 2:56 pm By Omar Faridi  |  

Animoca Brands Corporation Limited is pleased to report unaudited financial and business highlights for the 3 months ending on 30 June 2024 as well as the 3 months ending on 30 Sept 2024. Post this reporting period, Animoca Brand notes that as of the end… Read More

December 10, 2024 @ 6:09 am By Omar Faridi  |  

According to an update from BNY (NYSE: BK), as pensions become costly and difficult to manage, companies can de-risk their balance sheets by transferring them to insurers and pension acquirers. BNY noted that a new collaboration enables a seamless pension experience from administration to payments…. Read More

December 7, 2024 @ 2:29 pm By Omar Faridi  |  

World Network claims that it is scaling steadily, and its growth is having a considerable impact on the “success” of Mini Apps developers. Launches in countries like Brazil have seen global World ID verifications “top 8 million” (8,590,580 as of this writing), while the launch… Read More