Standard Bank: Collaborates with Transaction Capital to drive smarter payments

Standard Bank: Collaborates with Transaction Capital to drive smarter payments

  • Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act
  • Collaborated with Transaction Capital to develop an intelligent data solution that empowers businesses with a deeper understanding of consumers’ payment
  • Coined AUTHENTIFI, the value proposition is designed to assist businesses enhance risk management, optimise cost
  • Currently, businesses source different data elements from a combination of their own sources
  • At present, there is no existing offering in the market that enables companies to access this information from a single source
  • Collaboration with Transaction Capital, a market leader in data collection, with a proven ability to manage and leverage big data
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Salmon Strengthens Fundraising for Philippines Expansion

Fintech company Salmon secures new funding to enhance its operations in the Philippines. Highlights: Salmon raises significant funds to...

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers. Highlights: Truist launches pilot program for Zelle...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks. Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services. Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...