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Cardano NFT Marketplace Verlux Releases the First UI Demo of Their Platform

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New Peoples Bank taps Jack Henry for core processing

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New Peoples Bank, a community bank headquartered in Virginia, USA, has chosen Jack Henry’s core processing solution to propel “growth and innovation.”

In addition to implementing Jack Henry’s core processing solution, the bank will integrate its partner’s Banno digital banking platform. This move is part of New Peoples Bank’s initiative to streamline operations and enhance its current offerings.

By entrusting these functions to Jack Henry’s single-platform approach, the bank expects to empower its staff to concentrate more on “building and nurturing client relationships.”

JW Kiser, President and CEO of New Peoples Bank, believes that this transition will result in significant efficiencies, fundamentally transforming the bank’s operational model and customer service standards.

Kiser emphasizes that New Peoples Bank selected Jack Henry for its deep understanding of community banking. He sees this strategic move as a “major step” in the bank’s technology strategy, positioning it to scale and better meet the needs of the communities it serves.

Established in 1998, New Peoples Bank boasts assets totaling $800 million and operates across 17 branches in North Carolina, Virginia, Tennessee, and West Virginia.

With this latest partnership, New Peoples Bank joins a growing cohort of US financial institutions collaborating with Jack Henry. This includes notable names such as Alabama’s United Bank, Arizona-based Copper State Credit Union, and most recently, Wisconsin’s First State Bank.

Source: fintechfutures.com

The post New Peoples Bank taps Jack Henry for core processing appeared first on HIPTHER Alerts.

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Mangopay appoints Meta product lead Ariel Shoham as VP of risk product

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Mangopay has appointed Ariel Shoham, formerly a product lead at Meta, as its Vice President of Risk Product, marking a significant development in the company’s trajectory.

Ariel Shoham, VP of Risk Product at Mangopay. In his new role, Shoham will lead the strategic vision, strategy, and roadmap for identity and fraud protection, including cybersecurity solutions, at the European payment infrastructure provider.

Operating under the ownership of private equity investor Advent International since its acquisition for €75 million in 2022, Mangopay specializes in providing payment technology and identity verification services to marketplaces and platforms.

The company has been proactive in enhancing its security offerings, evident from its acquisitions of Nethone and WhenThen in 2023. Nethone brought marketplace-specific anti-fraud solutions, while WhenThen contributed payment acceptance technology to Mangopay’s portfolio.

Mangopay sees Shoham’s appointment as timely, aligning with its growth trajectory. It plans to expand its fraud prevention solutions and broaden the reach of its platforms for both B2C and B2B markets.

Shoham joins Mangopay from Meta, where he served as a product lead for over two years, playing a pivotal role in establishing the KYC team and financial compliance platform. His extensive technology experience also includes leadership roles at US-based fraud prevention firm Forter and co-founding Smart Sparrow, an interactive learning technology startup acquired by Pearson in 2020.

In his new capacity, Shoham aims to integrate payment facilitation and fraud prevention to enhance decision-making, safety, and user experience for Mangopay’s clients.

Source: fintechfutures.com

The post Mangopay appoints Meta product lead Ariel Shoham as VP of risk product appeared first on HIPTHER Alerts.

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Precisely Continues to Expand Reach and Capabilities for Data Enrichment and Geo Addressing

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New global Address Fabric™ and Property Attributes offerings help customers access unparalleled location-based insights, supercharged by the PreciselyID

BURLINGTON, Mass., May 9, 2024 /PRNewswire/ — Precisely, the global leader in data integrity, today announced further expansions in the global coverage and capabilities of its data enrichment and geo addressing portfolio. New additions to the Address Fabric and Property Attributes products underscore the company’s continued commitment to helping customers easily unlock greater location-based context from their data, enabled by its unique and persistent identifier, the PreciselyID.

Virtually every business worldwide captures and stores address information, with the average large business in the United States now estimated to store over 100 million unique addresses. However, navigating the inherent data integrity challenges is notoriously difficult, as it involves new buildings, changing street names, different country formats, and more.

Expanded Address Fabric Reach

Precisely customers can now access the Address Fabric dataset for Great Britain, France, and New Zealand – providing the most current and comprehensive lists of all known physical addresses across these countries. The new datasets expand Precisely’s existing coverage for the United States, Canada, and Australia.

Address Fabric data is easy to use with any database and analytics environment without needing specific geospatial expertise or tools. Customers can analyze address locations for various applications, including identifying new serviceable addresses, discovering new customers through look-a-like analysis, or selecting a site for new stores or network expansion opportunities.

Comprehensive Property Attributes Information

Precisely also announced the expansion of its Property Attributes products for the United States with 26 new attributes now available via integration with Multiple Listing Service (MLS) data. The MLS database of property listings is used by real estate agents to share information about homes currently on the market, including whether a property is affiliated with a Homeowner’s Association or if it’s considered a rental property.

With the latest updates, Property Attributes products now include over 230 different property information attributes across virtually every county located in the United States, providing a highly comprehensive view of a property and its key characteristics, such as details on land use, square footage, construction materials, and year built.

Address Fabric and Property Attributes leverage best-in-class geo addressing solutions from Precisely to provide the most accurate location information possible. Because each record is appended with a unique PreciselyID that remains persistent even when address elements change, customers can unlock greater value by enriching their data with additional information such as points of interest data, risk factors, demographics data, and much more.

“Precisely continues to be at the forefront of data enrichment and geo addressing solutions, enabling customers where they are on their data journey and supporting them with access to consistent location-based insights across their countries of operation,” said Dan Adams, Senior Vice President and General Manager for Data Enrichment at Precisely. “An essential element of data integrity, our unique PreciselyID makes address management and enrichment simple by eliminating time-consuming data preparation and augmenting insights with rich, relevant context.”  

Precisely is renowned for its expertise in helping customers reveal maximum context from their data, with a comprehensive portfolio that includes over 400 datasets containing more than 9000 attributes. The company also recently joined the Overture Maps Foundation, founded by Amazon Web Services (AWS), Meta, Microsoft, and TomTom, providing guidance on location intelligence and data enrichment to help drive exciting new advancements in geospatial technology.

Learn more about the Precisely portfolio of data enrichment and geo addressing capabilities.

About Precisely
Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 99 of the Fortune 100. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.

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