Retrieval Augmented Generation: the next frontier to unlock AI opportunities for Fintech

Retrieval Augmented Generation: the next frontier to unlock AI opportunities for Fintech

By Philip Miller, Senior Product Marketing Manager for AI, Progress Fintech is one of those industries that is paving the way when it comes to adopting and implementing innovative technologies such as Artificial Intelligence (AI). Heavy reliant on data, Fintech organisations are well placed to make the most out of those technologies, particularly generative AI (genAI)…

New rules will challenge our old ways of viewing victims of fraud

New rules will challenge our old ways of viewing victims of fraud

By Jerry Mulle, Managing Director at Ohpen New rules regarding how banks and financial service providers deal with Authorised Push Payment (APP) fraud have just come into effect this month. The rules replace the voluntary code introduced in May 2019 and are the work of the Payment Systems Regulator (PSR). It is implementing an APP fraud…

Empowerment through tech: How Pebl is transforming payments for Australian Businesses

Empowerment through tech: How Pebl is transforming payments for Australian Businesses

By Schaan O’Hara, Co-Founder and Director at Pebl Businesses today need technology that not only meets current demands but anticipates future challenges. Drawing from our considerable experience, we at Pebl have identified gaps and weaknesses in the payments industry and are focussed on revolutionising the way businesses accept payments. As co-founder of Pebl Payments, I,…

Provenir launches onboarding fraud solution to fight back against fraudsters, Minimizing losses while safeguarding customer experience

Provenir launches onboarding fraud solution to fight back against fraudsters, Minimizing losses while safeguarding customer experience

AI-powered risk decisioning platform connects fraud scores, identity checks and device validation, integrating multiple layers of fraud detection into decisioning workflows to mitigate threats at application screening, including synthetic fraud, impersonation and mule indicators Parsippany, NJ – As the financial services world becomes increasingly digitized and consumer demands evolve, fraudsters and their methods are becoming more sophisticated. Provenir, a global…

Lumify Group Launches New Digital Solutions Division
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Lumify Group Launches New Digital Solutions Division

New business division led by Luci Setoue marks a significant expansion of  Lumify’ s digital skills training solutions Sydney, Australia –25 June 2024 – Lumify Group, Australasia’s largest provider of corporate ICT, soft skills and digital skills training today announced the launch of its Digital Solutions offering as a standalone business division. Led by Luci Setoue as General…

Fintech innovations in healthcare: Transforming financial services for a better future

Fintech innovations in healthcare: Transforming financial services for a better future

Discover how fintech in healthcare is revolutionizing financial services. Explore key innovations, benefits, and the future of fintech solutions in the healthcare sector. Introduction to fintech in healthcare The convergence of financial technology (fintech) and healthcare is creating groundbreaking solutions that enhance the efficiency, accessibility, and transparency of financial services in the healthcare industry. Fintech…

Credit card market innovation and change by fintech startups

Credit card market innovation and change by fintech startups

By David Ryckman, freelance finance writer and technology advocate Credit cards have become indispensable tools for facilitating transactions and adapting to the shifting financial market. The rise of virtual cards, buy-now-pay-later (BNPL) options, and other groundbreaking innovations are transforming the way consumers approach personal finance. Credit cards have become a staple in the lives of…

IBM and Pasqal initiate collaboration to define Classical-Quantum integration for Quantum-Centric supercomputers

IBM and Pasqal initiate collaboration to define Classical-Quantum integration for Quantum-Centric supercomputers

YORKTOWN HEIGHTS, NY – IBM (NYSE: IBM) and Pasqal, as leaders in superconducting circuit and neutral atom-based quantum computers respectively, today announced their intent to partner to develop a common approach to quantum-centric supercomputing and promoting application research in chemistry and materials science. IBM and Pasqal will work with leading institutions in high-performance computing to establish the…

Banking facelift: How biometrics is reshaping CX in digital channels

Banking facelift: How biometrics is reshaping CX in digital channels

By John Duggan, EVP of Sales, APAC at Daon Facial recognition, especially when combined with step-up authentication, provides an identity assurance paradigm that is not only resilient, but futureproof. For organizations in banking and financial services, embracing biometric authentication is more than a strategic move: it’s an executive mandate to strengthen trust and increase accessibility…

The future of mobile banking: Innovations in security and authentication

The future of mobile banking: Innovations in security and authentication

By Edgar Zayas, BioCatch Director of APAC Global Advisory Digital and mobile banking have revolutionised the way we manage our finances. Gone are the days of waiting in line at a brick-and-mortar branch. With just a few taps on our smartphone, we can check balances, transfer funds, and pay bills. The pandemic and its various…