Fintech, Finance, Technology, Banking Highlights – 26 October 2017
Zafin Introduces Zafin Origin
At Money 20/20, Zafin announced its new digital origination banking platform and FinTech partner ecosystem, Zafin Origin.
The newest addition to the Zafin suite enables full end-to-end digital new account opening, while offering a dynamic multi-product recommendation experience for banking clients. Zafin Origin addresses the demand for banks to provide a quick and fully digital onboarding experience. The product is designed to improve client acquisition rates by increasing the number of products and services sold at the point of account opening. Zafin Origin scales to suit banks of all sizes with its cloud framework and SaaS pricing model. It aims to help push digital projects forward for banks seeking a turn-key product.
NAFCU Becomes First U.S. Financial Trade Association to Join Hyperledger
The National Association of Federally-Insured Credit Unions (NAFCU) today announced it has joined Hyperledger, an open-source, global collaboration effort to advance cross-industry blockchain technologies hosted by The Linux Foundation.
NAFCU becomes the first U.S. financial trade association to join the project, whose members include more than 160 organizations in finance, banking, information technologies, supply chains and manufacturing from around the globe, including IBM, Cisco, Intel, Oracle, Samsung and American Express.
“We are excited to join Hyperledger and bring together a critical sector of the U.S.’s financial services industry with the world’s leading technology firms, all working together in an open-source collaborative effort to advance cross-industry blockchain technologies,” said NAFCU President and CEO Dan Berger. “We believe in opportunities that harness the power of technology and open exchange to prepare for the future. Hyperledger will serve as an invaluable partner during a time when NAFCU’s members are innovating to meet the industry’s needs.”
Apple Pay coming to Nordea’s customers
Today Nordea brings Apple Pay to customers in Denmark, Finland and Sweden. Apple Pay is transforming mobile payments with an easy and secure way to pay that’s fast and convenient.
With 1.7 billion card transactions per year and high mobile usage in the Nordics, delivering the benefits of digitalisation to customers is a cornerstone in Nordea’s strategy. Over the last few years, Nordea has systematically built up its mobile payment services portfolio.
– By adding Apple Pay to our already existing range of mobile payment solutions, we can offer our iPhone and Apple Watch customers a secure and easy to use global service that makes everyday life easier, says Topi Manner, Head of Personal Banking.
Apple Pay can be used at payment terminals where the Apple Pay or contactless card symbol is visible. Customers can also use Apple Pay through many apps and online.
Live chat app Giosg introduces digital signing tool
Live Chat and Chatbot expert Giosg, which helps its financial clients do better business by engaging more successfully with their online visitors introduces new digital signing tool, Signicat Sign.
”Signicat Sign enables businesses to electronically send documents to their customers to sign, seal and return with the upmost ease and efficiency”, says Ville Rissanen, CEO of Giosg. He continues: “This is extremely useful in the financial services sector as it not only enables more business to be transacted and quicker conversions to be made, but it also greatly enhances the customer experience. It adds in more human interaction, akin to getting help in a physical branch.”
Giosg is constantly developing and integrating new solutions to enable businesses to improve the online customer service experience they deliver. “The Signicat integration was developed in response to requests from the financial services sector, especially consumer credit and insurance brands. We will be announcing other integrations in the near future,” says Rissanen.
GPS adds support for Android Pay with Mastercard Digital Enablement Service
Global Processing Services (GPS), a leading payments processor, has increased its support for mobile wallets to include Android Pay using Mastercard Digital Enablement Service (MDES). Android Pay is now available to all clients using the pioneering GPS Apex platform.
MDES is a tokenisation solution that enables Programme Managers to offer Android Pay and other digital wallets to cardholders so they can make secure mobile payments over the counter and in app via their handset.
Darren Deal, Head of Prepaid for Mastercard UK&I says; “It is important for issuers and their supporting processors to be integrated into MDES for tokenization so they can support the latest mobile payment experiences for their customers both now and in the future.”
