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IndustryUpdate
ANNOUNCEMENTS less initial experience compared to other API offerings,
according to TSG. Additionally, NAB was runner-up
in the Developer Roadmap and Developer Roadmap:
Matt Danna an EY Entrepreneur Experience categories. "We are honored that we have
of the Year 2023 again received recognition for our industry-leading
Ernst & Young LLP named Boulevard product that addresses the needs of the developer com-
co-founder and CEO Matt Danna an Entrepreneur Of munity," said Rezart Uruci, vice president of Strategic
Partnerships at NAB.
The Year 2023 Greater Los Angeles award winner. The
awards program recognizes entrepreneurs and leaders Shipkevich launches Compliance Journal
of high-growth companies. Danna was selected by an
independent judging panel made up of previous award Law firm Shipkevich PLLC heralded the launch of
winners, leading CEOs, investors and other regional its legal database, Compliance Journal, stating it is a
business leaders. The candidates were evaluated based state-of-the-art digital platform that empowers sub-
on their demonstration of building long-term value scribers with easy access to a wealth of legal and regu-
through entrepreneurial spirit, purpose, growth and latory information, fostering enhanced efficiency and
impact, among other core contributions and attributes. informed decision-making.
"Entrepreneurship is truly a team sport and this award With a user-friendly interface, clients and subscribers
belongs to the entire Boulevard team, without whose can effortlessly navigate through a vast collection of
hard work and dedication none of this would be pos- regulatory statutes, enforcement actions and agency
sible," Danna said. "Most of all though, this award is advisory opinions, tailored specifically to regulated
a testament to our customers and their perseverance." industries such as debt relief, credit repair, credit coun-
Boulevard provides a client experience platform for seling, loan brokerage, money transmission, and cryp-
appointment-based, self-care businesses. tocurrency, Shipkevich stated. Its key features include a
comprehensive legal database, legislative tracker, timely
Jack Henry launches Payrailz Fraud Monitor digest of news and analysis, educational resources and
powerful research capabilities, the firm noted.
Jack Henry launched Payrailz Fraud Monitor, a cloud-
native, AI-based feature of the Payrailz Digital Payments
Platform that provides real-time fraud detection when RESEARCH
payment transactions are initiated. Jack Henry noted
this highly customizable, proprietary feature sup- Arizent issues annual report on digital banking
ports person-to-person (P2P) payments, consumer and
business bill payments, and account-to-account (A2A) An annual report from Arizent, parent company of
outbound external transfers powered by the Payrailz American Banker, examines the progress and priorities
Digital Payments Platform. of digitally driven initiatives at financial institutions.
The research shows that tech spending will remain a
The fraud monitor leverages AI and machine learning priority, even amid inflation and a possible recession,
to simultaneously detect and weigh multiple fraud attri- with a key focus on cybersecurity, Arizent pointed out.
butes and indicators, including known and previously According to the survey, identifying and dealing with
unknown fraud instances and patterns, to generate an cybersecurity threats, including fraud, ranks first among
aggregated, actionable score as each payment transac- all challenges financial institutions face in advancing
tion is scheduled; financial institutions can configure their digital initiatives.
score ranges and other thresholds based on their unique
risk tolerance, Jack Henry added. Nearly 90 percent of all respondents classify threats
from cybersecurity as a "moderate" or "significant chal-
NAB wins TSG 2023 API award lenge." Not one of the professionals surveyed says it
isn't a problem. Digital initiatives are on the minds of
North American Bancard LLC, a U.S.-based provider many banking executives, with 42 percent of respon-
of fintech solutions, was honored by The Strawhecker dents expecting technology spending to increase by at
Group in its 2023 Best of Breed API Awards. The annual least 10 percent over the next 12 months.
Best of Breed API Report, powered by TSG's Global
Experience Monitoring platform, ranks payment gate- Nexi study reveals top consumer
ways' overall API experience across two key assess- ecommerce trends
ments to provide insights and benchmarks on their
developer integration experience. Consumer spending on travel grew 52 percent in 2022,
according to new research conducted on behalf of
NAB received first place in the category API Set: European paytech Nexi. The European survey of over
Specifications for its exceptional API documentation, 10,000 consumers also revealed that more than two-
which offers developers the smoothest and most seam- thirds of consumers prefer to buy from local shops
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