Lseg news and trends

Open Banking Can Help Banks Beat Fraudsters, GIACT Says
Digital Identity // July 19, 2023

Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise to empowered consumers, and take the tedium out of online commerce. We’ve gone from an environment where one carried physical...

B2B App Platform Relish Adds GIACT to Authenticate Bank Information
Authentication // April 12, 2023

B2B app platform Relish has added GIACT solutions to validate and authenticate bank information. With this partnership, Relish will enhance the supplier data onboarding and cleansing process, the B2B app development and platform company said in a Wednesday (April 12) press release. “Partnering with GIACT...

Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
Fraud Prevention // March 29, 2023

The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. “Open banking, ultimately, makes life easier for consumers,” said Menon. “The different applications that FinTechs are developing are driving a lot of...

EU Brings Clearing In-House Amid Push to Reduce Reliance on London
Europe // November 27, 2022

Formed by the merger of several European Union (EU) stock exchanges at the turn of the 21st century, Euronext can trace its origins back to some of the world’s first bourses, formed in Bruges, Antwerp and Amsterdam between the 13th and 17th centuries. In that...

Interviews & Exclusives
Open Banking Can Help Banks Beat Fraudsters, GIACT Says

July 19, 2023
Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise to empowered consumers, and take the tedium out of online commerce. We’ve gone from an environment where one carried physical documents (passports and driver’s licenses) to digital copies of those […]

Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud

March 29, 2023
The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. “Open banking, ultimately, makes life easier for...

Quick Reads
Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI Investment

March 11, 2024
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve Hasker said the company has “tremendous financial firepower” to expand in the realm of AI-driven professional services and information as it prepares to sell the remainder of its holding in the London Stock […]

B2B App Platform Relish Adds GIACT to Authenticate Bank Information

April 12, 2023
B2B app platform Relish has added GIACT solutions to validate and authenticate bank information. With this partnership, Relish will enhance the supplier data onboarding and cleansing process, the B2B app...

London Stock Exchange Group Closes $325M Deal for TORA

February 22, 2022
The London Stock Exchange Group (LSEG) closed a $325 million all-cash acquisition deal for TORA, a single platform for execution, order and portfolio management system (EMS, OMS and PMS). Once...