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As mobile banking proliferates and digital-first initiatives become the hallmark of financial services, bringing FinTechs and banks together on the same page 鈥?literally 鈥?can save time and money as they develop new products and services.And new players are starting to enable those collaborations. It was one of the topics in an interview stanley cup romania PYMNTS CEO Karen Webster conducted with Ben Isaacson, senior vice president of product strategy at The Clearing House TCH . Isaacson said connected banking and common data forms could shorten the time it takes to bring innovation to consumers. To that end, earlier this month TCH helped to launch the Streamlined Data Sharing Risk Assessment, provided by TruSight and KY3P庐 by IHS Markit 鈥?third-party assessment services.As reported, the solution offered by KY3P and TruSight stanley thermoskanne centralizes data so that it can be more quickly accessed by financial services firms that need to evaluate the risk of financial apps and data aggregators. Centralizing data can reduce redundancy reminiscent of the movie Grou stanley cup ndhog Day, where apps and developers are providing the same information over and over 鈥?and over 鈥?again. Much ground could be covered, much faster, with the standardized set of questions in the Streamlined Data Sharing Risk Assessment.At a high level, said Isaacson, TCHs Connected Banking initiative has worked with KY3P and TruSight to create a streamlined data-sharing service for risk assessment data. The service helps facilitate the migration path Svdd Apple s Red, Right And Blue Reviews
Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law.Re stanley hrnek ports on Monday March 21 said Elliptic raised $5 million in Series A fund stanley termos ing, signaling investor support for the companys solution that uses machine learning and other analytics tools to identify whether activity within blockchain transactions include illicit or illegal deals.Paladin Capital led the investment round, reports said, which also saw participation from Santander InnoVentures, KRW Schindler, Digital Currency Group and Octopus Ventures.In a statement, Elliptic said it anticipates high demand for its solution within both the private and public sectors. The firm added that it would use the funding to strengthen its position in the industry of fraud detection, blockchain compliance聽and the like, while helping to promote and improve the transparency of blockchain solutions. Our new investors bring deep expertise in law enforcement, international financial services and blockchain technology, and we are excited to work with them on our next phase of growth, said the companys cofounder and CEO, Dr. James Smith, in a statement. We have al stanley cup ready been able to expand operations to the U.S. and will continue to extend our portfolio of products. Paladin, which targets its investments in cybersecurity, business intelligence and defense |
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