Awards were presented to tech companies and banks and financial services providers from 15 countries around the world at the 1st Global FinTech Innovation Awards. London: IBS Intelligence (IBSI),...
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IBS Intelligence (www.ibsintelligence.com), a global leader in banking technology research, along with its group company Cedar Management Consulting LLC. (www.cedar-consulting.com), a leading global financial services consulting firm, successfully conducted...
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Almost two-thirds (62 per cent) of financial institutions in the US have experienced data breaches, compared with 55 per cent of non-US institutions, as data security is struggling to...
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UK-based payment solutions provider, Cashflows has announced the appointment of Helen Smith as its Chief Operating Officer. The new hire is expected to facilitate the delivery and expansion of...
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Money transfer company MoneyGram International, Inc. has expanded its debit card deposit service internationally, which it launched in collaboration with Visa through its real-time push payments platform, Visa Direct....
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Singapore-based Grab announced the launch of GrabPay Card, first numberless card in Asia that will offer users enhanced card security, access to an expanded rewards ecosystem and hassle-free Grab...
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Jack Henry & Associates’s (JHA) Payment Solutions group has announced an enhancement to their consumer bill pay product with the launch of iPay CardPay. The product aims to enable...
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Maksim Yakubets, a Russian national has been indicted on cybercrime charges in the US following unprecedented collaboration between the Federal Bureau of Investigation (FBI), the UK National Crime Agency...
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JPMorgan Chase has entered into an agreement with California-based data aggregator Envestnet | Yodlee to help protect customers’ financial data. The agreement will give Chase customers more visibility and...
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FinTech-focused private equity firm Motive Partners has entered into an agreement with US-based FinTech solutions provider Fiserv, Inc. under which Motive Partners-led investors will acquire up to 60 per...
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Naver has expressed its intentions to expand further into the online financial services segment as the proposed merger between Line and Yahoo Japan (backed by SoftBank Group) will enable...
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Bengaluru-based startup Zeta appointed Murali Nair as the president of its banking business, The Economic Times reported. The company aims to enter the neo-banking segment of the FinTech space,...
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UK-based OakNorth Bank has announced the expansion of its geographical footprint with a new office in Birmingham. The expansion follows the recent appointments of debt finance directors for the...
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SpaceChain has sent its blockchain hardware wallet technology to the International Space Station (ISS), aboard a SpaceX Falcon 9 rocket as part of a commercial resupply service mission launched on 5...
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Banks around the world are witnessing the winds of change. What do these trends mean from a boardroom's perspective? Here is a holistic take, using the Balanced Scorecard framework and the priorities that banks would do well to take note of that banks are having to deal with demands from customers, regulators and new-age FinTech disruptors has been much written about.
Read MoreArab Jordan Investment Bank (AJIB) is one of Jordan's leading investment and commercial banks that serves retail customers, large corporations and financial institutions. AJIB's retail department provides diversified products and services to its clients such as personal and housing loans and most types of credit cards; and AJIB's investment and corporate banking departments offer their clients a wide range of investment and commercial banking services including mergers and acquisitions, equity capital markets, transaction advisory services, project and trade finance and equity research.
Read MoreIn the next stage of developing its solutions, CustomerXPs is planning to launch a federated network of banks that would enable member banks to receive fraud-related information and intelligence on a real-time basis and would comprise all sizes of banks. It already has the top five Indian lenders on its network, helping them to tackle the burgeoning financial frauds across the world.
Subscribe to read moreAs the year comes to an end, we take a look back at the significant developments of 2019 that have the potential to change the face of the FinTech ecosystem FinTech: a word that represents the union of two worlds finance and technology and the evolution of the use of technology in financial services. With smarter phones and cheaper internet, things have become a lot easier, with companies fighting to cash in on the underbanked and customers looking for cheaper, yet better options.
Read MoreRegTech offers financial institutions and their regulators the opportunity to enhance their regulatory environment through the implementation of technologies including report automation tools, visual analytics, robotic process automation, next-generation data architecture and business process management.
Subscribe to read moreIBS Intelligence (IBSI), the leading global FinTech news, research and analyst firm, hosted the awards ceremony for the 1st Global FinTech Innovation Awards at the Four Seasons Hotel Mumbai, on 22 November 2019. The evening began with a light-hearted look at life from renowned comedian Anuvab Pal, followed by an introduction from IBSI chairman Sanjiv Anand.
Read MoreThere are countless examples of criminals utilising technological advancements to further their criminal activities and enterprises. For example, the increasing availability of drones is providing more opportunities for criminals to transport illicit goods, as well as attach weapons or even explosives to them.
Subscribe to read moreThis section is a monthly snapshot of activity in the banking technology system space. This is useful for anyone who wants to track banking system sales on a regular basis. The Who’s Bought What provides all the key details of the deal such as the bank that bought the system, the type of system, the supplier and the system name, and the country of sale.
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