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

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes. Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market. Highlights: TikTok is applying for financial services licenses in...

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments. Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges. Highlights: Monzo announces the closure of its US business.The...