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Cloud banking innovator nCino is adding the financial analytics and compliance capability of Salt Lake City, Utah-based Visible Equity to its platform. The acquisition, announced last week, brings enhanced portfolio management and analytic insights to nCino’s Bank Operating System, and is designed to help banks and credit unions better manage risk and meet compliance regulations Read more…
Seattle, Washington-based Trusted Key will bring its innovations in blockchain-based, digital identity management technology to Workday, courtesy of a recently-announced acquisition. Terms of the deal were not disclosed. “With our new platform, Workday wants to bring credentials into the digital age,” Workday SVP Jon Ruggiero wrote in a blog post discussing the role of credentialization Read more…
Visa will create a fully white-labelled omnichannel payment management platform for merchants and acquirers after acquiring Payworks, reports Jane Connolly of Fintech Futures (Finovate’s sister publication). The news follows a 2018 strategic partnership and investment Visa made in Payworks, a Munich-based provider of next-generation payment gateway software for point of sale (POS). Visa will integrate its CyberSource digital Read more…
TrueLayer, provider of financial APIs, has integrated with Revolut to enable the secure access of financial data via open banking, reports Henry Vilar of Fintech Futures (Finovate’s sister publication). Money management app, Emma, will be one of the first companies to use the new integration. Emma’s customers will now be able to use their Revolut Read more…
Pan-American Life Insurance Group (PALIG), a provider of insurance and financial services throughout the Americas, has selected Fiserv technology to strengthen the efficiency and effectiveness of its anti-money laundering (AML) compliance and risk management program in multiple countries, reports Henry Vilar of Fintech Futures (Finovate’s sister publication). PALIG sought a provider with insurance industry expertise, Read more…
Data-as-a-service firm DemystData ahas partnered with compliance and risk management specialist Kyckr to enhance its offerings for financial services clients. Under the two-year agreement, DemystData will integrate Kyckr’s API into its platform. The move will allow DemystData customers to use Demyst’s platform to access Kyckr’s network of real-time registry information, allowing them to test the Read more…
Finantix, a supplier of software for wealth management, insurance and private banking industries globally, has been selected by HSBC Private Banking as it launches a new global client wealth management portal for its clients, reports Henry Vilar of Fintech Futures, Finovate’s sister publication. The firm’s solution, Finantix Components, has been deployed to support the new Read more…
To 100 countries and beyond! Identity verification specialist Trulioo announced this week it is bulking up the list of countries for which it is able to conduct electronic identity verification (eIDV). Customers in Bahrain, Georgia, Iceland, and Qatar can now be verified via GlobalGateway, a database that enables organizations to run identity verification checks on Read more…
Global payout provider Hyperwallet is helping citizens scoot through the streets– that is, helping the freelancers that keep users scooting through the streets get paid. The PayPal-owned fintech announced today that it has agreed to power outbound payments for Lime, the scooter and bike rental startup that aims to reduce reliance on cars for short-term Read more…
In a post titled “What is the Bitbond STO and Why Should I Care?” published this spring, Bitbond Marketing Manager Mollie Thick criticized the cryptocurrency industry for “too much hyperbole, failed projects, and disappointed investors.” By contrast, Thick said that Bitbond – via its then just-announced security token offering (STO) – offered “a new breed Read more…
Corporate banking startup Neo announced it has just been authorized to offer multicurrency business accounts. The approval comes from the Bank of Spain and allows Neo to create a PSD2 payment institution. “Our vision back in 2017 was to create a platform that can replace the old fashioned banking platform. A true ‘one-stop shop’ that Read more…
Business payments company Bill.com is helping small businesses pursue international objectives– now in even more corners of the globe. This week, the California-based company doubled its International Payments offering by building out support for more than 70 countries and 50 currencies. “Historically, innovation in international payments has been geared towards consumers,” said John Flora, VP Read more…