AXA Insurance Gulf

Insurance Business Magazine | February 07, 2020

A new malware is spreading among online banking users, stealing their passwords by disabling any autofill functions their devices might have and forcing them to manually retype their passwords as the malware copies the data. The Metamorfo trojan malware has targeted the users of more than 20 banks across the globe, in countries such as the US, Canada, Peru, Chile, Spain, Brazil, Ecuador and Mexico. ZDNet reported that the attacks were first reported in Brazil, but have since spread to other onli...

Nymbus | March 31, 2020

Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...

Financial Management, Payments

Priority Technology Holdings and Valor PayTech | October 14, 2022

Priority Technology Holdings, Inc. ("Priority"), a leading payments technology company helping customers collect, store and send money, today announced it has partnered with Valor PayTech for omnichannel solutions. Valor’s integration with Priority’s MX™ Merchant ecosystem is currently underway. Valor is a fast-growing fintech provider of cloud-based, end-to-end, processor-agnostic omnichannel payments solutions. The company provides resellers and their...

Financial Management

Saphyre | June 29, 2022

The Saphyre platform is now accessible to Citi Securities Services' shared custody clients to manage new account openings and maintenance, according to a fintech business leveraging patent-approved AI technology. The Saphyre technology offers Citi an alternative to its current account management system and can have the advantage of greatly automating and accelerating client onboarding. "Our constant focus is on reducing friction and providing efficiencies for clients. Add...