Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote.

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PYMNTS

DECEMBER 18, 2018

18) that it achieved 342 percent sales growth in 2018 compared with 2017 and that it has a four-year growth rate of 3,857 percent. In a press release, Onfido said 2018 was a landmark year for the company which not only enjoyed strong growth but named key members to its senior team and won accolades from within the industry.

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Fraud Industry Trends Company 128

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. of all approved loans in the program.

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JUNE 24, 2020

Launched in 2005, Zopa is considered one of the world’s first P2P lenders — and in late 2018, it became the first P2P lender to be granted a conditional banking license by the Financial Conduct Authority (FCA), with plans for its digital bank offering to include a fixed-term savings product, a credit card and a money management app, the report said.

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MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

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PYMNTS

JULY 17, 2019

Pioneers of the first diamond-coated unclonable security tag for supply chain security and end-to-end tracking, DUST Identity has announced $10 million in Series A funding. million seed investment in 2018, the Series A is also backed by Airbus and Lockheed Martin, among others.

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PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.”

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DECEMBER 28, 2020

Securities and Exchange Commission (SEC) filed an emergency asset freeze against Virgil Capital and its affiliated companies after charging the firm and its CEO, Stefan Qin , with fraud related to Virgil Sigma Fund LP, the company’s cryptocurrency trading fund, according to a press release. In other news, the U.S.

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PYMNTS

SEPTEMBER 17, 2020

The site reported that 1,932 BTMs were in the world in December 2017, while there were 4,009 by the close of 2018. On another note, the Science and Technology Directorate ( S&T ) arm of the U.S. Department of Homeland Security is running a contest for the development of a digital wallet, CoinDesk reported.

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PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. Reducing network demands, the technology works even if cloud connection is lost. Retail Trust and AI. Grocery AI.

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PYMNTS

AUGUST 19, 2019

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

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PYMNTS

FEBRUARY 17, 2020

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. Cisco Uses IoT Security To Build Smart Cities.

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Insights on Business

MARCH 19, 2018

“Intelligent automation allows business and technology to function together for a common goal instead of against working against one another.”. To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session.

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PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more.

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blockchain Security Software Tools 144

PYMNTS

NOVEMBER 16, 2020

FinTech with a focus on small businesses secures a restricted banking license. Ordway , which works in billing and revenue automation for scaling companies, will offer SMBs multi-entity billing and revenue management support, according to a press release. Fiskl, Samsung Appstack Team On Finance Management For SMBs.

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Security Samsung Resources Management 141

PYMNTS

AUGUST 17, 2017

This year, spending on IT security efforts to help avoid future cyberattacks will reach an all-time high, according to Gartner’s latest research. Here are the numbers: $93 billion | Amount Gartner predicts information and IT security services will be for 2018.

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Security Data Management Retail 109

PYMNTS

DECEMBER 21, 2017

To better understand what companies are looking for in terms of skills in technology , various surveys are conducted, basis the job requirements on the recruitment portals, specifically for the IT sector. A Database Administrator is a job that requires data management skills.

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PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. STACK’s mobile app provides budget management and spending accounts, among other services. Partnering With Established Players.

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PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. Reports said the filing, dated Nov.

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blockchain Analysis Tools Technology 130

Insights on Business

FEBRUARY 7, 2018

Now, more than ever, the marriage between technology and finance is apparent. Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. Digital wealth management. Sessions, sessions, sessions! Digital front office.

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PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses.

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PYMNTS

FEBRUARY 25, 2019

Coverage includes Hong Kong-based Tappy Technologies ‘ collaboration with the Timex Group. Tappy Technologies, a solution provider for wearables and digital payments based in Hong Kong, is teaming up with Timex Group, the companies said in an announcement.

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Technology Payments Groups Fintech 122

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept. As hybrid cloud strategies become more popular, this vulnerability is further exacerbated.

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PYMNTS

AUGUST 24, 2017

FitPay is working to enable and secure contactless payments made on any connected device. Earlier this year, FitPay joined forces with security technology company NXT-ID in an effort to build out a more comprehensive Internet of Things (IoT) platform. Security throughout the IoT arena is a topic that’s continually being refined.

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Insights on Business

MAY 25, 2018

Core to the discussion was how we build platforms: how we make fundamental shifts in our technology, processes, people and ultimately our markets to deliver better customer experiences, build skilled workforces, and solve industry-wide challenges. — IBM FinTech (@IBMFinTech) May 22, 2018. . You wouldn’t even consider paperwork.

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Technology Training Customer Experience blockchain 93

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank client preferences have moved toward self-service technologies over branch visits in recent years because of ease of use and improved convenience. FICO’s Take on Debit Security. Trackers and Reports.

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Insights on Business

FEBRUARY 7, 2019

Now, advances in technology are finally enabling them to plan for the retirement that they want by automating a critical part of financial planning: wealth decumulation. Social Security Administration says that 65-year-old men today can expect to live until nearly 85 on average, with women reaching nearly 87.

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Technology Study Security Management 102

PYMNTS

JUNE 10, 2020

FIs that already provided mobile options were well-positioned to manage consumers’ and businesses’ finances during the pandemic, but others have had to look beyond their existing relationships to offer digital services. A 2018 study found that more than 50 percent of U.K. Tapping Mobile KYC .

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PYMNTS

MARCH 4, 2020

The value of the technology is evidenced by the vast number of APIs that businesses use and consume. Companies each made an average of 363 APIs available publicly in 2018, for example. APIs can become major targets for hackers and fraudsters, however, and businesses need to step up their API security in response.

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Fraud Examples Security Management 242

CB Insights

DECEMBER 19, 2017

As 2017 draws to a close, the trends and innovations that will shape the technology industry over the coming weeks, months and years were brought into sharper focus over the course of the last twelve months. Looking to the new year however, which trends will come to define our industry in 2018 and beyond? Shift towards micro-services.

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Technology Security Trends Industry 35

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

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Digital Banking Security Innovation Google 262

PYMNTS

JULY 29, 2020

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. In 2018, BoA launched digital wallets in the U.S.

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Mobile America Security Cards 247

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. 5) said InfraRisk will integrate its cloud-based Credit Value Maximiser (CVX) technology into Judo’s infrastructure.

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PYMNTS

JULY 4, 2018

February’s announcement that Visa would acquire long-time expense management partner Fraedom was the latest in a string of B2B payments initiatives for the credit card company. GDPR rules, which came into effect this year across Europe, introduced new requirements for businesses in how they manage, store and send customer data.

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blockchain America Tools Payments 102

PYMNTS

DECEMBER 8, 2020

"Working with leading brands such as Honda and Acura has been our vision since launching five years ago, and we cannot wait to show more dealers and brands the power of Modal's e-commerce design and technology.". It supported the collaboration between American Honda and Modal. We're selling an average of 30-40 cars per month with Modal.

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PYMNTS

AUGUST 19, 2019

The funds will be used to expand the company’s lending base, build technology and boost analytics capabilities. million for the fiscal year 2018, but its total expenses almost doubled, which led to widening losses for the company. The total funds raised by LendkingKart is now at $146 million.

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PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. billion funding round for Tokopedia. “We

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