Stripe acquires fraud prevention expertise with Bouncer purchase
Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.
Compliance Systems launches new mobile-enabled online account opening solution
Compliance Systems has launched the first mobile-enabled online account opening solution, which enables financial institution customers and members to open accounts up to ten times faster, it claims.
UK passes bill aimed at protecting against harmful foreign investments
The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
How can banks and insurance companies prepare for the new normal in remote working?
Covid-19 changed the world, but now firms must focus on the next set of challenges, such as how to reimagine customer onboarding in a more remote and mobile world.
FICO survey highlights evolving identity theft challenges in the online age
A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.
Penfold implements NorthRow’s technology to ease pension onboarding
Digital-only pension Penfold has implemented NorthRow’s technology to accelerate its onboarding process and enable users to establish a pension in five minutes.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.