AWS Startups Blog

Tag: FinTech

How Arkose Labs Built a Toolkit to Fight Fraud

Founded in 2013, Arkose Labs offers an array of tools to help enterprises protect themselves against fraudulent activity. The San Francisco-based company works within a variety of industries, including retail, gaming, marketplaces, and travel. Check out the above interview of CEO and cofounder Kevin Gosschalk to learn more about how the team at Arkose Labs thinks about outsmarting fraudsters.

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Keeping It Simple: 8 Securities CEO Mikaal Abdulla on Value and Data in Fintech

With booming growth and a focus on innovation, the fintech industry is clearly poised to see significant advancements in the near future. As customers—especially younger generations—gravitate toward the ease and efficiency of mobile options to satisfy their financial needs, even large institutions have begun adapting to meet demand by offering digital documentation and app-based banking functionality. Still, no one in the industry would argue that many of the nimblest new products come from the startup world, where forward-thinkers can build from the ground up. 8 Securities, a mobile-only investment service based in Hong Kong, is one such company looking to change the paradigm of finance.

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Online-lending platform Konfío helps LATAM SMEs get funding

As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America.

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OakNorth Turns Risk into Opportunity with Tech

By now, it’s commonplace for banks to claim the mantle of “tech company.” But for OakNorth, tech and banking truly go hand-in-hand. Its data and technology platform, OakNorth Analytical Intelligence (ONAI), allows it to do balance sheet lending via OakNorth Bank in the UK, profitably originating over £2 billion without a single default or late payment since its launch in September 2015. Outside the UK, it licences its ONAI platform to banks and other lenders, operating as a PaaS business on the strength of its unique tech.

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Machine learning on limit order book data for surveillance and compliance

There are two key types of market participants; those who are trying to make money from the markets and those who are assigned to police those trying to make money. Examples of the former type include investment banks, hedge funds and asset managers, while examples of the latter includes in-house compliance, financial regulators and exchange surveillance teams.

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