FICO Score Is Under Real Threat, 6 Arguments

The FICO credit score is one such score that has been used to determine how financially responsible and trustworthy a consumer is. The credit number has been utterly critical to the home rental and loan application processes, especially after the financial crisis. In case a consumer doesn’t have a sufficiently...

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Enabling Technologies

Financial Innovation Coalition Formed by Paypal, Intuit, Apple, Google and Others

Technology industry leaders Amazon, Apple, Google, Intuit and PayPal have formed a coalition called Financial Innovation Now (FIN) to promote policies to help foster greater innovation in financial services. Technology frontrunners want to have an outlook in future policy debates as the landscape changes and to provide solutions to issues...

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Authentication & Security

Early Warning Partners With Fiserv to Facilitate Real-Time Bill Payment and Deposit Capabilities

Early Warning, a leading player in fraud prevention and risk management, has announced its partnership with Fiserv, a leading global provider of financial services technology solutions. The partnership will expand the availability of real-time capabilities in the US by facilitating real-time bill payment and deposit capabilities for users of the...

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Hong Kong Exchanges and Clearing Limited (HKEx) Joins Baidu and Others To Support A FinTech Accelerator In Hong Kong

A new Hong Kong based FinTech accelerator, The SuperCharger announced that Asia’s largest exchange group by market capitalisation, Hong Kong Exchanges and Clearing Limited (HKEx), has become a Supporting Organisation. The SuperCharger accelerator mainly focuses on the financial technology sector in Asia. It is the first program dedicated to both...

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Authentication & Security

Mitek can now help Banks & FIs to Instantly Verify Authenticity of US Driver’s License for KYC; Coming soon adding Facial Recognition

Headquartered in San Diego, CA, Mitek is a leading innovator of mobile capture and identity solutions for customer acquisition. Mitek’s mobile photo technology enables consumers to use the camera as a keyboard to reduce friction for mobile check deposits, account opening, insurance quoting, payments and ID document authentication. In June...

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B2B Payments Innovation in Invoices

For the emerging SMBs, managing working capital and maintaining credibility is an uphill task. There are companies that are coming up with innovative invoice solution for problems such as poor working capital, zero-cash visibility and friction in buyer-supplier relations. Some of the innovative invoice solutions offered by the B2B payment...

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