Ingenico reports record breaking Singles Day
- 6 years 3 months ago
- Payments
Ingenico Group, the global leader in seamless payment, today reported record breaking transaction volumes and payment authorization rates on its most successful Singles Day ever. The company outperformed last year with more than four times as many online transactions as 2018’s event and recorded its highest number of Transactions Per Second (TPS) ever. During the event, Ingenico’s Amsterdam-based ePayments division processed millions of payments...
Standard Chartered Invests in Regtech Startup Silent Eight
- 6 years 3 months ago
- Wholesale Banking
Standard Chartered’s innovation, fintech and ventures unit, SC Ventures, has participated in a Series A funding round for regtech Silent Eight. The AI-powered anti-money laundering and counter-terrorism financing startup raised an oversubscribed US$6.2 million in the round, with OTB Ventures and Wavemaker Partners also participating. The capital will be directed at new hires, with plans to double its 50-strong global headcount by the end of Q1...
Pay.UK Knocks Back Faster Payments Fees to Cover APP Fraud
- 6 years 3 months ago
- Retail Banking
Proposals by seven UK banks to levy a per transaction fee for for certain Faster Payment transactions as a means to provide a long-term, sustainable funding arrangement for the reimbursement of APP scam victims, have been knocked back by governing body Pay.UK following an industry-wide consultation.
Protiviti and International RegTech Association Sets Out Blueprint for Much Needed Digital Optimization of ‘Know Your Customer’ Processes
- 6 years 3 months ago
- RegTech, Management, Consultancy
Protiviti and the International RegTech Association (IRTA) have released the findings of a global market study they conducted to investigate the effectiveness of current ‘Know Your Customer’(KYC) processes. The study reveals an urgent need for more effective industry alignment to accelerate the digitizing of KYC processes and greater use of shared platforms.
Avaloq completes the acquisition of Derivative Partners
- 6 years 3 months ago
- Banking, M&A Deals
Avaloq, the leading cloud platform and service provider for banks, wealth managers and investment firms, has successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland. The deal was first announced in July this year. Derivative Partners will continue to operate as an organizational entity, with all staff retained....
Four Abacus Group Managers Named Women in Finance Awards Finalists
- 6 years 3 months ago
- Platform Technology
Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, is pleased to announce that four of its managers have been selected as finalists in the 5th Annual Markets Choice Awards: Women in Finance, presented by Markets Media Group.
Ledger Vault Obtains Groundbreaking Custom Crime Insurance Policy
- 6 years 3 months ago
- Insurtech, Security
Ledger, the global leader in security and infrastructure solutions for digital assets and blockchain applications, today obtained a crime insurance policy covering digital assets secured by the Ledger Vault platform.
NRI reveals Shingan AD, Alternative Data Insights for Global Institutional Investors
- 6 years 3 months ago
- Consultancy
Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, announced today they will launch Shingan AD, a new service providing institutional investors with Japanese alternative data and data analysis on December 1st, 2019 The use of alternative data in investment decision-making is growing rapidly. Sourcing, cleansing, and preparing large amount of data for analysis presents a big challenge for...
Caspian and Tagomi Partnership Sets New Industry Standard for Crypto Trading
- 6 years 3 months ago
- Trading Systems
Caspian, the full-stack crypto trading and portfolio management platform for institutional investors and sophisticated traders, today announced it has partnered with Tagomi the leading global digital assets prime broker. The two industry captains are set to shake up the crypto market with a new standard of crypto trading. The partnership will create the safest, most efficient and easy to access full end to end trading solution for...
Sunrate inks deal with Moorwand for card issuing services
- 6 years 3 months ago
- Payments
Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, today announced that it is providing BIN sponsorship and card issuing services to Sunrate Partners Limited, a world-class foreign exchange and global payments provider.
DataRobot Partners with Kx to Unleash AI-Driven Solutions By Extending Time Series Capabilities
- 6 years 3 months ago
- Artificial Intelligence, Data
DataRobot, the leader in enterprise AI, has partnered with Kx to offer
Nets and BOKIS enter into new five-year agreement
- 6 years 3 months ago
- Payments
BOKIS, a Danish payment and card company representing 57 domestic banks, and Nets, a market leader in the payments industry, have entered into a new five-year agreement. This means that BOKIS member banks will continue to issue and process the Danish domestic card, Dankort. Additionally, the companies have renewed their processing agreement for international payment cards.
Alipay aims to help 10 million European merchants reach over 2 billion potential consumers in five years with innovative technology
- 6 years 3 months ago
- Payments
Alipay, the world’s leading payment and lifestyle platform, today announced a new target to support 10 million small and medium enterprises in Europe over the next five years, through innovative technology that will empower these merchants to better serve and sell to over 2 billion potential consumers travelling to the region from around the world.
CLS launches its first data product for FX forward market
- 6 years 3 months ago
- Foreign Exchange, Data
CLS, a market infrastructure group delivering settlement, processing and data solutions, is releasing an FX Forward Volume dataset as part of its comprehensive suite of executed trade data products. FX Forward Volume data focuses on outright forwards and swaps which provide an aggregated view of the forward market, therefore confirming pricing models for forwards and swaps. This is CLS’s first data product for the FX forward market as CLS’s...
Onguard's new machine learning function enables companies to predict customer payment behaviour
- 6 years 3 months ago
- Payments
Onguard, the fintech company that streamlines the entire order-to-cash process, has announced that in collaboration with
