innovative technology
In a new partnership with Tink, Greenly has its sights set on taking its app across Europe, and putting banks at the center of its plans to help shift behavior, by making it simple to offer a carbon tracker on individual and business bank accounts. According to Greenly, Europeans have an individual carbon footprint of […]
Australian Buy now, pay later has commenced the launch of its operations in the US market. Openpay is a fast-growing, and highly differentiated player in global BNPL payment solutions. The provider offers flexible plans in the market, focuses on industries where it can make a real difference: Automotive, Healthcare, Home Improvement, Memberships, and Education; and […]
Danske Bank has implemented AI-based technology from Quantexa, to enhance its Anti-Money Laundering (AML) monitoring and investigation capabilities. Following a pilot in 2018, the bank is now using Quantexa’s CDI platform to perform transaction monitoring on Danske’s market trading business and financial crime investigations. Quantexa’s Contextual Decision Intelligence tools has helped enhance Danske Bank’s ability to […]
The National Business Centre signed an incubation agreement with Tamkin Digital Transformation Company. According to the agreement, NBC will provide Tamkin with a variety of services including office space, access to intensive training, and coaching and mentoring sessions. These services aim at developing the entrepreneurial skills which will eventually contribute to the growth of the […]
SC Ventures and Northern Trust have entered into an agreement to launch Zodia Custody. Zodia enables institutions to invest in the emerging cryptocurrency assets that are transforming how financial markets operate, including transaction and settlement activities. Zodia is expected to begin operations in London in 2021. Zodia will provide custody services for the most-traded cryptocurrency assets […]
DBS has announced that it will launch full-service digital exchange which will enable Institutional Investors and Accredited Investors to tap into a fully integrated tokenization, trading and custody ecosystem for digital assets. The digital exchange will use blockchain technology to provide an ecosystem for fund raising through asset tokenisation and secondary trading of digital assets […]
UOB has pioneered an artificial intelligence (AI) anti-money laundering technology, making it Singapore’s first bank to apply AI concurrently to two anti-money laundering (AML) risk dimensions – transaction monitoring and name screening. UOB’s new AI anti-money laundering solution helps the Bank cut through large volumes of transactions to pinpoint suspicious activities. The AI solution sieves […]
Bank of America announced the launch of a CashPro self-service tool that allows clients to have real-time visibility into their international payments. CashPro, the SWIFT gpi module brings to life a wealth of cross-border payment data facilitated by the SWIFT network. “Our payments tracking tool populates SWIFT gpi information into a view that can be […]
Synechron announced the acquisition of Attra, an Australia-based technology services and solutions provider. Attra is focused on the banking, finance, and payments industries, and has a global delivery footprint in Australia, New Zealand, North America, Europe, the Middle East, and APAC. It has development centres in Melbourne, Australia; Dubai, UAE; and Bengaluru, Hyderabad, and Pune, India. […]
Fiserv has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and products for BOQ and Virgin Money Australia. The solution will initially be utilised by Virgin Money to support a new debit card program that will form part of the Bank’s […]