Business technology provider NCR has expanded its Cashzone-branded ATM network in Portugal. To date, more than 100 Cashzone-branded ATMs have been installed in Portugal, giving consumers, including those visiting the country, easier access to cash. NCR is one of the largest independent ATM operators in the world and their Cashzone brand is present in the
Banco Santander, BBVA and CaixaBank have teamed up to combat financial fraud, one of the biggest challenges in banking. Banks are working on tools to exchange vital information and data to help prevent financial crime. They founded FrauDfense, a company that will bring together banks’ anti-fraud initiatives. FrauDfense has been presented to the competent regulatory
Tymit has established a strategic partnership with Visa to accelerate the adoption of installment credit among major financial institutions and merchants in the UK and Europe. This partnership aims to enable banks and merchants to offer co-branded and white label installment credit schemes powered by Tymit. As one of the pioneering installment credit card services,
FreedomPay, the world’s first standalone commerce platform, and Toast, an all-in-one digital platform designed for the entire restaurant community, have signed a partnership agreement for FreedomPay to become a gateway partner FreedomPay Toast’s preferred payment for certain corporate brands. Toast will be able to offer its cloud-based digital restaurant platform to leading corporate merchants in
In 2021, US$6.6 billion has been spent on blockchain solutions. This technology not only underpins the global cryptocurrency market, but also provides unique utility to other industries, such as healthcare, logistics, and real estate. Blockchain is a decentralized digital ledger made up of blocks that store data on a peer-to-peer (P2P) network. Once the information
One of the major benefits of a cloud-based core banking system is its inherent extensibility, or the ability to be adjusted by the user independently of external input and to support the addition of new features in real time. Although financial organizations in general prefer something that is ready to use right out of the
Financial health means making your life more comfortable and stable through sensible money decisions and staying prepared for financial uncertainties. Your financial wellness is critical. It cannot be overlooked. It is just as important as your physical or mental well-being. People who are careless with their finances are frequently observed battling to handle their bills
Tax automation fintech Avalara is to be acquired by global investment firm Vista Equity Partners in an all-cash deal worth $8.4 billion. All of Avalara’s outstanding shares will be purchased by Vista for $93.50 per share, a premium of 27% over the stock’s closing price on July 6, 2022. Avalara’s net debt is included in
Globally in 2020, more than 70 billion real-time payment transactions were processed – an increase of 41% compared to the previous year. This massive rise in transactions has presented an opportunity for criminals to conduct more fraudulent activities like account takeovers, chargeback fraud, or identity theft, resulting in more than $1 trillion stolen in cybercrime
APR 21 2022 | 8:00PM.
APR 21 2022 | 8:00PM. The thematic fund market has rapidly developed in recent years. These funds attempt to harness secular growth themes ranging from artificial intelligence to Generation Z. Some have delivered a phenomenal performance, while others have been duds. Over the last two years, asset managers have ramped up the supply of these
Apr 19 2022 | 8:30am
Apr 19 2022 | 8:30am Today, delivering exceptional customer experience and gaining customer loyalty are the utmost requirements of financial institutes. This is fuelled by the increasing competition and ever-changing business environment. The next-generation banker requires a new and focused embrace of analytical technology stacks that support the analysis of large volumes of customer and
April 28, 2022 | 09:00 am EDT
April 28, 2022 | 09:00 am EDT Artificial intelligence is more than just the latest buzzword – using AI has a meaningful impact on decisions across the entire customer lifecycle. From improving fraud detection and decision accuracy to optimizing pricing and managing bias, AI has a key role to play in changing the way financial
