Category: Doing Business Overseas

Website owners are inadvertently enabling click fraud, a sophisticated internet crime targeting online advertisers. Although unintentional, doing so is placing owners at risk of being banned by advertising networks, and may even land them with a criminal prosecution. Click fraud is when cybercriminals masquerade as legitimate website owners to trick advertising networks into allowing them…

Oxylabs, the proxy and public web data acquisition solution provider enabling companies of all sizes to utilise the power of big data, has published a whitepaper, Alternative Data Unlocks Key Decisions in the UK & US Finance Industries, finding almost three-quarters (71 per cent) of financial services organisations are now using web scraping to gather…

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96% member retention. The highest net promoter scores in home insurance, auto insurance and banking over the last decade. 64% of members reporting that they’re “very satisfied” with the services received. These figures far exceed those of most insurers. What does USAA do differently to achieve this stellar track record? USAA’s chief strategy officer reveals…

The combination of new client wins in core and digital banking products pushed sales bookings up almost 40% year over year for Jack Henry during its fiscal third quarter that ended March 31. The company saw 14 “competitive core takeaways” in Q3 and signed nine existing on-premises core customers to transition to Jack Henry’s private…

SWIFT chooses Google Cloud for collaboration The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is collaborating with Google Cloud on its new network connectivity solution, Alliance Connect Virtual, Google announced Thursday. Alliance Connect Virtual will allow customers to connect to SWIFT directly from the public cloud. Specifically, it will allow banks to deploy traditional physical…

Core provider FIS offered a look behind the crypto curtain during its first-quarter earnings presentation Tuesday. Circle, the peer-to-peer payments company and issuer of USDC stablecoin, announced in April that it had selected FIS’ Worldpay platform for streamlined merchant acceptance of USDC, with crypto.com set to be the pilot customer. FIS President Stephanie Ferris said…

FinovateSpring is two weeks away! From May 18 through May 20, Finovate will bring its annual spring fintech conference to San Francisco, California for three days of live, IN PERSON, demos, keynotes, fireside chats, panel discussions, and debates. To whet your appetite for our upcoming event, here are five reasons why we’re convinced that FinovateSpring…

Robinhood unveiled its new stock lending feature, Stock Lending. The new offering enables investors to lend shares and receive passive income from borrowers. Stock Lending democratizes securities lending and provides Robinood with an additional revenue stream. Stock brokerage app Robinhood announced the launch of Stock Lending today, a new feature that will allow users to…

LexisNexis announced its acquisition of behavioral biometrics innovator BehavioSec. Terms of the deal were not disclosed. The acquisition adds to LexisNexis’ fraud and identity risk management capability following its 2018 acquisition of ThreatMetrix. Sweden-based BehavioSec won Best of Show in its Finovate debut at FinovateSpring in 2012. Yesterday we shared the news that Finovate newcomer…