TransUnion Partners with Nova Credit to Improve Financial Access for New Canadians

From NASDAQ Press Release TORONTO, April 25, 2018 (GLOBE NEWSWIRE) — TransUnion (NYSE:TRU) announced today a partnership with Nova Credit that will help new Canadians transfer their credit scores from other countries. The partnership will serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history. The…

MaxMyInterest Appoints Tom Bradley to Advisory Board

NEW YORK, March 22, 2018 – MaxMyInterest (“Max”) – an intelligent cash management and optimization platform for individual investors and financial advisors – today announced J. Thomas Bradley Jr., retired president of retail distribution at TD Ameritrade, is appointed to serve on its Advisory Board. Bradley is a distinguished executive who brings more than three…

Digital Reasoning Raises $30M led by BNP Paribas

NASHVILLE, TN, March 19, 2018 –Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, today announced that it has raised $30 million in new funding. BNP Paribas led the round and Angel Rodriguez-Issa, Global Head of Strategic Investments, Global Markets at BNP Paribas, has joined Digital Reasoning’s board of directors. Barclays…

Major Financial Industry Players Rally Around FDC3 To Provide Universal Technology Standards

OpenFin brings together leading capital markets participants to power industry application interoperability and desktop connectivity March 8, 2018 – New York and London – A newly formed group of major finance industry players announced today that they have joined an OpenFin-led initiative to bring universal connectivity and standards to all of the financial industry’s desktop…

How this digital-only bank lowers risk of sign-up fraud

By Brian Yurcan, February 27, 2018 “Offering new customers an entirely mobile and digital account opening process is still a challenge for many banks, partly because of added difficulty in meeting know-your-customer requirements and preventing fraud in instances when a customer isn’t sitting across the desk. But some banks are using application programming interfaces, or…

GreenKey “Voice-Enables” Wall Street Via OpenFin; Creates First Industry Standard for Voice Applications

NEW YORK, Feb. 14, 2018 /PRNewswire/ — GreenKey Technologies, creator of patented voice software with integrated speech recognition designed for the financial markets, today announced that the firm will release its voice API through OpenFin’s plugin architecture. OpenFin is the secure desktop operating system used by 45 of the world’s largest banks, buy-side and trading platforms. The move brings the…

Cambridge Blockchain

Cambridge Blockchain and IHS Markit join forces to bring DLT to KYC data collection

Cambridge Blockchain and IHS Markit have teamed up to bring distributed digital identity technology to the collection and management of know-your-customer information. KYC costs now exceed $500 million a year for big banks, while strict data privacy rules such as the European GDPR limit the ability to access validated customer identity attributes and come with…

behaviosec

BehavioSec Raises $17.5M Series B Investment Led by Trident Capital Cybersecurity to Accelerate Global Expansion

PALO ALTO, CALIFORNIA, 29 JAN, 2018 BehavioSec, the pioneer in continuous authentication through behavioral biometrics, announced today that it has raised a $17.5 million Series B investment, led by Trident Capital Cybersecurity.  Cisco Investments and ABN AMRO also joined the round alongside existing investors Octopus Ventures and Conor Venture Partners.  Alberto Yepez and Ken Gonzalez…

ASX Gives Digital Asset’s Technology Green Light to Replace CHESS

ASX today announces its intention to replace CHESS using distributed ledger technology (DLT) developed by its technology partner Digital Asset (DA) CHESS (Clearing House Electronic Subregister System) is the system used by ASX to record shareholdings and manage the clearing and settlement of equity transactions in Australia. It was world-leading when introduced in the 1990s, providing name-on-register…