Category: digital currencies

Arkose Labs introduced new detection and alert capabilities against advanced phishing attacks. The new capabilities combat an evolution in phishing called “reverse proxy phishing.” Arkose Labs won Best of Show in its Finovate debut at FinovateSpring in 2019. Bot detection specialist Arkose Labs now detects and alerts against advanced phishing attacks. The new functionality combats…

Environmental, Social, and Governance (ESG) investing has been gaining traction across the globe. PwC reports that ESG is “soaring”, and anticipates that ESG institutional investment will climb 84% to $33.9 trillion in 2026. The firm states that by 2026, ESG assets under management (AUM) in the U.S. will more than double to total $10.5 trillion.…

Fifth Third will continue to modernize its platform through technology as long as the return on investment remains prominent. In the first quarter of 2023, the bank’s tech and communications spend increased 17% year over year to $118 million related to the cost of modernization investments, according to the bank’s earnings release. “We do not…

IBM’s first-quarter strategy included AI and hybrid cloud efforts as its clients sought automated workflows and improved digital customer experiences. “Our focus is on hybrid cloud and AI, the two most influential technologies for business. … In tandem, these technologies drive both business outcomes and innovation,” Chief Executive Arvind Krishna said during Wednesday’s Q1 2023…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. Finalytics.ai is the first community financial institution platform to apply real-time multi-faceted data with machine learning to produce a segment of one digital experience for consumers. Features Finalytics.ai seeks to go beyond personalization…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. Setuply is a client onboarding solution that optimizes provider revenue recognition while reducing time to value for customers. Features Client IMPACT Control Panel – addresses client transparency and engagement ScaleUP Onboarding Engine –…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. D.A.T.A. provides lightning fast and highly accurate analysis of investment due-diligence documents for their level of deceptiveness and truthfulness. Features Provides unique actionable insights for investment decision makers 350x faster than investment professionals…

Ally Financial continues to invest in digital capabilities throughout its product suite to improve customer experience. “We’ll continue finding ways to disrupt the industry and remove friction for customers by delivering leading digital experiences,” Chief Executive Jeffrey Brown said today during the bank’s earnings call. THE BIGGER PICTURE: Ally’s digital investment played a role in…

Lloyds Bank launched PayMe, a payment transfer service developed in partnership with fintech Bottomline Technologies. PayMe, which launched Tuesday, allows businesses to send payments when the beneficiary’s bank details are unknown, according to a Lloyds Bank release. Companies can send a secure link to the other party through SMS or QR code, and the other…

U.S. Bank continued its multiyear strategy to invest in e-commerce and tech-led revenue efforts in the first quarter of 2023. Tech-led merchant processing fee revenue growth, for example, increased 12% year over year and 56% sequentially. THE BIG PICTURE: Tech-led merchant processing includes digital, omni-commerce and e-commerce revenue channels, according to today’s earnings presentation. Investment…