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The integration reinforces NatWest’s commitment to leveraging innovative technologies to deliver seamless, simplified, and secure customer experiences. Setting a precedent for other UK banks, NatWest Bank will use OneID®’s bank-verified digital identity solution for NatWest’s Structured Finance business in Sweden, Finland and Norway. The solution brings certainty of identity that transcends borders. Now, any individual…
Ethos, a financial services company dedicated to ethically minded consumers in the UK, has partnered with Thought Machine, the cloud-native banking technology company, to launch a Shariah-compliant digital service. Ethos will deploy Thought Machine’s next-generation core banking platform, Vault Core, to offer seamless and real-time Shariah-compliant financial solutions accessible via mobile devices. Initially targeting Muslim…
IDVerse, a pioneer in generative AI identity solutions, celebrates a significant milestone as TrustID, a proven expert in identity verification and fraud prevention, joins its growing roster of clients. TrustID, leading certified identity service provider (IDSP) and industry veteran, has chosen IDVerse to further progress the capabilities of its human-in-the-loop identity services, setting a new…
AutoRek, a leading insurtech that streamlines premium processing operations within insurance firms, today announced that it has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and present new market opportunities. The AutoRek solution brings order and efficiency to financial data flows from banking sources, to help clients overcome the challenges associated with…
SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia® Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap between seamless online and offline payments without a reliable internet connection. Even in today’s digital-first economy, connectivity issues can present challenges for digital payment transactions, especially in…
Revolut’s 2023 revenues soared by 95% to $2.2bn (£1.8bn) from $1.1bn (£0.92bn) in 2022. Profit before tax reached a record $545m (£438m), with a net profit margin of 19%. The company added 12 million new customers globally, bringing the total to 38 million by the end of 2023 and reaching 45 million in June 2024….
Flexys, makers of leading debt management software, and Tuum, an innovative core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks to modernise debt collection with a real-time, customer-friendly approach. For banks, the economic landscape of rising consumer debt and stricter regulations is tough to navigate with outdated, clunky debt…
LSEG (London Stock Exchange Group) and Dow Jones announced a new, multi-year data, news, and analytics partnership. Beginning today, trusted news from Dow Jones’s globally renowned newsrooms will be available within LSEG Workspace. Premium subscribers now have access to thousands of news stories, including market scoops, exclusives, unique insights and commentary from The Wall Street Journal, Barron’s, Dow…
Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced that it has become the first global stablecoin issuer to achieve compliance with the European Union’s landmark Markets in Crypto-Assets (MiCA) regulatory framework. This achievement was enabled by the company’s attainment of an Electronic Money Institution (EMI) license (’agrément en qualité d’établissement de monnaie…
MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services (Antom), a leading payment and digitization services provider under Ant International, announced today that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment solutions and digitalization services to businesses, especially…
Moody’s Corporation and MSCI Inc. have announced a transformative strategic partnership aimed at advancing transparency and delivering data-driven risk solutions. In a groundbreaking agreement unveiled today in New York, Moody’s and MSCI will harness their respective strengths to enhance visibility into ESG (Environmental, Social, and Governance) and sustainability factors, empowering more informed decision-making across global…
Noda, a global provider of open banking and payments solutions, is extending its network to Brazil. Already established in Europe, the UK, and Canada, Noda’s expansion allows merchants from any jurisdiction to access cross-border multichannel payment services, unified reconciliation, a streamlined onboarding process, and instant banking and money transfers across Brazil, Europe, the UK, and…
