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Innovation & Startups

08/15/2024

Back to school – lessons for building owners using facial recognition technology

Typically, FRT involves using cameras to capture an individual's image and then facial recognition software to produce a biometric template from that image.

08/15/2024

WaveCX Partners With William Mills Agency for Fintech Public Relations

WaveCX helps financial institutions optimize the use of their digital banking platforms, fostering engagement both internally for employee experience (EX) and externally for customer experience (CX).

08/14/2024

Setpoint raises $31m in funding to transform credit management systems

This new injection of capital increases Setpoint’s total funding to $76m, consolidating its position as the technology partner of choice for global financial institutions and capital users.

08/14/2024

a16z-Backed Fintech Startup Tally Closes Doors

The San Francisco-based startup helped people manage and pay off their credit card debt.

08/14/2024

How female founders can shape the next generation of fintech

Discover how a new set of female founders and industry leaders are creating opportunities to foster inclusion for women in fintech and beyond.

08/13/2024

UFS purchases Safe Systems to bolster compliance and security services

The purchase has connected UFS with Safe Systems’ IT, compliance and security services, which also sports a mutual focus on serving community banks as well as credit unions.

08/13/2024

Tencent dumps stake in UK fintech Tide

Chinese tech giant Tencent has sold its 14% stake in British business banking platform Tide, according to the Telegraph.

08/13/2024

Cockroach Labs & PwC UK Partner for Legacy Transformation

Form3, a global payment technology platform and a client of Cockroach Labs, exemplifies the application of CockroachDB in building a scalable and resilient multi-cloud infrastructure

08/12/2024

Socure adds selfie reverification with deepfake detection

The use cases for critical identity trust re-verification are almost endless across the digital economy and throughout the customer journey.

08/12/2024

Plannr and Transact team up to ‘supercharge’ efficiency of advisers

This strategic partnership is designed to “supercharge the efficiency” of financial advisers.

08/09/2024

United Fintech gains pivotal investment from Standard Chartered

This hub facilitates collaboration among banks, hedge funds, and asset managers by innovating with other leading technology providers.

08/09/2024

Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank

The bank has selected Unit’s financial infrastructure platform and technology to enable it to embed its financial services directly into the products of software companies.

08/08/2024

85% of GCC firms rank innovation as a top priority: BCG

This strong commitment to innovation reflects the region's ambition to lead the global knowledge economy

08/08/2024

Risk and Compliance Managers must adapt to digitisation – Barbara Okai-Tettey

On the other side, there is a growing preference for flexible payment options devoid of the cumbersome bureaucracy of traditional systems.

08/07/2024

Broadridge Reports Fourth Quarter and Fiscal 2024 Results

Fiscal Year 2024 Recurring revenues grew 6% on a reported and constant currency basis

08/07/2024

Ripple works with DIFC innovation hub to accelerate blockchain and digital assets in the UAE

The partnership between Ripple and the DIFC Innovation Hub will provide the means to drive blockchain and crypto adoption amongst early-stage companies

08/06/2024

The rise and stall of technological innovation among Wall Street banks

Once cautious and threatened by GenAI when OpenAI’s ChatGPT hit the scene in 2022, banks are now building or collaborating on this technology, seeking to leverage its capabilities to improve their operational efficiency.

08/06/2024

Ascot focuses on technology to deliver growth

He will be tasked with harnessing the latest technology solutions to further advance our underwriting and claims processes and accelerate our digital transformation.

08/06/2024

Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems

The bank adds that Temenos’ scalable platform, featuring “rich Islamic banking functionality on an open, cloud-native, API-first architecture

08/05/2024

Philippines-based fintech Mynt sees valuation top $5bn with MUFG and Ayala funding

This strategic move by the Japanese banking group comes shortly after it led a $195 million investment round in Ascend Money, the fintech arm of Thailand’s Charoen Pokphand Group, in June.

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