Banking

Accenture has acquired NIKE Group, an Italian consulting firm specialising in regulatory technology (Regtech) services and solutions to financial services firms, for an undisclosed amount. The data-driven approach and compliance platform provided by NIKE Group helps clients to monitor new...

As the struggle against COVID-19 continues, UnionPay International have unveiled a plan for increased consumer safety through accelerating the issuance of contactless payment enabled cards worldwide. Collaborating with many local banks around the world, UnionPay International have also made...

As part of the Group’s commitment to lend £18bn this year, a £2bn fund was allocated for businesses impacted by COVID-19 to provide fee-free financing to help them with their working capital Since the beginning of March relationship managers have...

UBX, the fintech company of Union Bank of the Philippines (UnionBank), recently started deploying a rapid and remote mobile-enabled ATM solution in response to COVID-19, as part of its i2i platform. With i2i Mobile ATM, rural banks and financial...

Temenos has introduced new Explainable AI (XAI) models to enable banks and credit unions to issue loans to small and medium enterprises (SMEs) whose cash flows have been disrupted due to COVID-19 (coronavirus) pandemic. The Swiss-based banking software developer said...

US-based credit risk management firm GDS Link has rolled out a new solution, dubbed Modellica Engage, to support the online digital lending services of banks. According to a 2018 Morningstar report, the loans sourced by marketplace lenders has increased from...

US-based cross-border payments company Western Union has launched a new service, dubbed Digital Location, enabling its customers to transfer money with comfort and safety of their home. The company intends to start a pilot on customers in Austria, Belgium, Italy,...