Company News

Federal Reserve Board proposes changes to payment system

Federal Reserve Board proposes changes to payment system

The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.

Mosaic, DXC team to launch new speciality InsurTech platform

Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.

Self-sovereign identity to be billion-dollar industry by 2024

Self-sovereign identity (SSI), a system which uses blockchain to give direct control of who accesses their online credentials, will be a billion-dollar industry by 2024, according to Juniper Research.
crypto

What are the best practices for crypto asset regulation compliance?

Deciphering the complexities of crypto assets and adhering to Anti-Money Laundering (AML) regulations can seem like an intricate task.
Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.

How Generative AI is transforming motor insurance claims

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.
crypto

Crypto-related crime plummets in H1 2022

Revenue from crypto-related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.

US teams with Singapore to tackle cybersecurity, sustainable finance challenges

The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.

Republic of North Macedonia to launch national identity system with Mastercard

The Republic of North Macedonia’s government has revealed plans for a national digital identity service which is being built in partnership with Mastercard.
A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.

$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
Smartsearch

SmartSearch launches global ID verification solution to combat financial crime

SmartSearch, a provider of digital compliance and AML solutions, has announced the launch of its International Individual Check solution.

News Stories

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, has teamed up with Oakbrook, a prominent non-bank provider of consumer lending solutions.
Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis, a Continuous Controls Monitoring (CCM) firm based in London, has announced a strategic partnership with Archer, a global pioneer in integrated risk management.
Shopify integrates PayPal to revolutionise US payment solutions

Shopify integrates PayPal to revolutionise US payment solutions

PayPal Holdings, a global leader in digital payments, and Shopify, a renowned commerce platform, have announced an expansion of their strategic partnership in the U.S.
Krom Bank and AWS partner to propel digital banking forward in Indonesia

Krom Bank and AWS partner to propel digital banking forward in Indonesia

Amazon Web Services (AWS) has partnered with PT Krom Bank Indonesia, a digital banking innovator in Indonesia, committed to serving the underbanked population with advanced, secure financial services.
Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse, a global management consulting firm, specializes in banking transformation and technological integration.

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