Company Statements

IDB Invest, the IDB Group's private sector institution raised a record $1 billion in funding to support the development bank's coronavirus response. This marks the largest fixed rate benchmark issue by IDB Invest. The two-year bond pays an annual coupon...

IBM has signed an agreement with Irish fintech Fenergo to develop integrated solutions that can help financial institutions in defending themselves against financial crimes. Under an original equipment manufacturing (OEM) agreement, the two companies will develop solutions that combine Fenergo’s...

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...

Blackhawk Network announced an agreement with Rybbon, a leading digital rewards platform, to provide businesses with virtual open-loop Mastercard® reward options. Businesses can now use these rewards to engage customers digitally. Reward recipients can add these Mastercard rewards to...

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...

Fiserv is enabling merchants to use their own devices to accept PIN on mobile payments of any amount without any additional hardware. PIN on mobile Fiserv completes unique PIN on mobile transaction This is ground-breaking for small businesses and service providers...

The National Insurance Crime Bureau has created the NICB COVID-19 Resource Center. The organization will use the site to host the latest information concerning emerging fraud scams involving COVID-19 and keep its membership, consumers, law enforcement and strategic partners...