OneSpan: specialists in digital identity and anti-fraud
Founded in 1991, the company has positioned itself as an essential partner for any financial services provider that wants to implement an ambitious digital transformation vision.
Using trust as its foundation, OneSpan seeks to create transparency across a business’ tech environment by reinforcing integrity in user identity, devices and transactions.
“Governments around the world are issuing economic stimulus and relief packages for businesses affected by the outbreak,” says the . “Financial institutions can support their business clients now, when they need it the most, with an expedited digital process.”
Now with over 10,000 customers worldwide, including more than 50 of the top 100 banks, the company has proved the effectiveness of its technology, the rectitude of its method and demonstrated an innovative ethos which has netted it both customer and industry approval.
The necessity of digitised services
The OneSpan covers a variety of topics relating to the digitisation of the commercial lending process, particularly in light of COVID-19-related disruption and economic complications. The subjects discussed include:
- The importance of e-signature for small business loans
- An exploration of how ID verification can prevent fraud
- Top tips for security and authentication
- Loan Market use case
Insightful, collaborative and instructive, OneSpan’s webinars pool its own knowledge with that of industry experts, who weigh in vital operational questions:
“Today, more companies are recognising the tremendous value of e-signatures and the need to shift to a more digitally transformed model.
“Any company looking to drive e-signature adoption should consider an enterprise approach. This will help ensure that your platform is not only scalable, but that the actions you take today will help drive long-term business benefits with a focus on speed, efficiency, and cost savings,” .
A company truly immersed in its subject, OneSpan adds regular to its website examining the latest trends in e-signature and fraud analysis, as well as the latest updates from developers. Additionally, the blog also contains the latest and valuable information on .
Tink partners with Novalnet AG for open banking payments
The Munich-based fintech Novalnet AG, which was founded in 2007 and is one of Europe’s leadingfintech companies, has announced a new partnership with Tink, the Swedish open banking platform currently connected to more than 3,400 European banks.
Novalnet AG delivers payment solutions and fully automated services, from checkout to debt collection. Its solutions are also available worldwide.
According to reports, the fintech company plans to launch a real-time payments feature for merchants across Europe, to expand its current services and enhance the transaction experience it operates through its platform.
The new feature, says Novalnet, will revolutionise payments for ecommerce with transactions being credited to merchant’s accounts almost instantly.
Novalnet partnership with Tink
By partnering with Tink for payment initiation services (PIS) technology, Novalnet will take previous region-specific payment methods and offer a new unified digital payments service to its merchants across Europe.
The fintech’s real-time merchant payments feature, which will be launched initially in Germany and the United Kingdom, will then be integrated across other European markets during 2021.
Speaking about the new collaboration, Emmanuel Kirse, COO of Novalnet, explained, "We expect great things from our strategic partnership with Tink, which is a significant development for both parties.
“With Tink, Novalnet can offer a new set of open banking-related solutions in Europe. The new opportunities offered by this partnership will help both Tink and Novalnet grow together, along with our merchants."
Cyrosch Kalateh, Regional Director for the DACH region at Tink said, “Our partnership with Novalnet is a big step for Tink in the German market, and we are excited to work together to bring new, innovative payments services to merchants across Europe.”
He added, “At the end of 2020 Tink committed to expanding its payment initiation services from five to 10 markets, fuelled by an €85mn investment round. We are proud to add Germany to this list by announcing we have now fully launched Tink’s PIS services in this market.”
Image credit: Novalnet AG