TransferGo is partnering with banking technology company, Thought Machine on its cloud native core banking platform, Vault. Vault will enable TransferGo’s migrant worker community to move their money around the world quickly, safely and as cost efficiently as possible. “Hot off the heels of a $4m investment from Silicon Valley …
Read More »Onfido and FundOf form identity verification partnership
Onfido is is partnering with FundOf, a tool that helps content creators monetise their content on any platform, to verify the identity of its users. Using Onfido’s identity verification technology, FundOf provides more assurances that content creators are who they claim to be, making it harder for fraudsters to create …
Read More »LocalBitcoins expands partnership with Onfido
LocalBitcoins has expanded its partnership with Onfido, using its AI Identity Verification and Known Faces solution, to create a secure environment for trading for new joiners. For users opening an account, they simply take a photo of their government-issued identity document (ID) and a selfie to complete the verification process. Onfido …
Read More »Onfido’s new identity verification solution integrated with the salesforce platform
Onfido’s has announced its new version of its identity verification and authentication service on Salesforce AppExchange. End users sign up by simply taking a photo of their government-issued identity document (ID) and selfie. Onfido first checks that their ID seems genuine and not fraudulent, and then matches it to the user’s …
Read More »TransferGo and Mastercard support European customers with secure cross-border payments
A new partnership agreement between TransferGo and Mastercard will enable customers across 20 European countries to make international money transfers from any payment card or bank account directly to a Mastercard debit or credit card. As part of Mastercard Send, TransferGo customers can now transfer money in real-time to Mastercard …
Read More »Solidatus supports FCA digital Sandbox pilot
Metadata management specialist, Solidatus, is supporting the Financial Conduct Authority (FCA) and the City of London Corporation with the Digital Sandbox Pilot, coinciding with its recent opening to banks and regulators. Solidatus is providing its modelling software for pilot participants to view the structure of synthetic data within the sandbox …
Read More »EU plans to establish comprehensive standard for electronic real-time payments
The European Union is backing fast and secure cashless payment in Europe. This will enable consumers to make real-time payment transfers within seconds to a recipient bank account. According to an EU strategy paper published in September 2020, the commission aims for a full enforcement of instant payments within the …
Read More »Temenos launches real-time SaaS Data platform for core banking
Banking software company, Temenos has launched its Transact Data Hub, a real-time data platform that is integrated and embedded within Temenos Transact, a core banking solution. This solution provides real-time data streaming, highly performant data engineering, purpose built data stores, and over 175 banking APIs, providing banks with the high …
Read More »TransferGo partners with Visa to bring global real-time transfers to users
Money transfer company, TransferGo is partnering with Visa to bring real-time international money transfers to consumers’ bank cards. This service is currently live in 32 markets, including Germany, Spain, Romania, Poland, Ukraine and Turkey and has the potential to expand to a total of 178 countries in the future with …
Read More »Bitcoin hits $12,000 on Paypal move: Time is up for Bitcoin deniers
Paypal’s decision to allow customers to buy, sell and hold Bitcoin underscores that Bitcoin deniers and cryptocurrency cynics are on the wrong side of history, affirms the CEO of one of the world’s largest independent financial advisory and fintech organisations. The comments from Nigel Green, chief executive of deVere Group …
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