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

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns. Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration. Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly. Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S. Highlights: FedNow introduces a new API tool...