Entersekt awarded new patent for frictionless MFA

Entersekt, The Financial Authentication Company, continues its trailblazing innovation in the fight against financial fraud with its 99th software technology patent application being granted by the US Patent office. Entersekt was recently awarded a new patent for its approach in enabling frictionless, multi-factor authentication (US granted patent “Frictionless SCA”). This now enables Entersekt to provide a multi-factor authentication solution without any explicit user interaction required. By combining possession and inherence factors, Entersekt’s Browser ID or Mobile...

Jer Wood joins LoanPro as the President of Credit Sponsorship

Jer Wood, former President of Hatch Bank, has joined the LoanPro executive team as the President of Credit Sponsorship, using his background in bank sponsorship to help reimagine how sponsor banks, fintechs, and credit platforms can work together. LoanPro, the API-first, modern lending and credit platform, announced today that Jer Wood has joined their executive team as the President of Credit Sponsorship, launching an initiative to reinvent direct credit sponsorship partnerships for banks and their fintech partners. Jer...

CIT Bank unveils redesigned mobile app & web interface to improve CX

CIT Bank, a division of First Citizens Bank, announced the launch of a redesigned mobile app and the addition of new features for desktop online banking that provide an improved customer experience that delivers seamless and convenient digitally-integrated banking. Mobile app upgrades include easier management of accounts, enhanced balance and transfer functionality, and increased access to information and assistance. In addition, new web-based features include a redesigned user-friendly interface, improved privacy management, and an easier...

Atomic announced partnership with OneSource Virtual

Atomic, a leader in consumer-enabled direct deposit switch technologies, announces its partnership with OneSource Virtual, a trusted Workday partner. This collaboration marks a significant advancement in direct deposit switching, aligning with the Consumer Financial Protection Bureau’s (CFPB) vision for more integrated financial systems. Atomic is proud to announce its partnership with OneSource Virtual (OSV), a collaboration designed to deliver a simplified and secure direct deposit management solution to millions of American workers. This partnership will enable Atomic...

Paysera bank has opened its doors in Georgia

Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi. Having obtained a banking license in Georgia last year, the company is poised to provide a diverse range of financial services to the local community. Marijus Plančiūnas, the CEO of Paysera LT, expressed enthusiasm about the strategic move, stating, “One of the key advantages offered by Paysera is instant SEPA transfers, particularly beneficial for Georgia, a non-SEPA member....

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