EQ Bank partners with TransferWise on international money transfers
- 6 years 5 months ago
- Banking
Today, EQ Bank, the digital platform offered by Equitable Bank (TSX: EQB and EQB.PR.C), Canada's Challenger Bank™, announces a partnership with TransferWise, the global technology company for international money transfers. The result is fully transparent, remarkably fast international money transfers that are up to 8x cheaper1 for EQ Bank customers.
Murex expands presence in Kuwait with new partnership with Gulf Bank
- 6 years 5 months ago
- Banking
Murex, an industry leader in trading, risk management and processing solutions for capital markets, announces that Gulf Bank, one of Kuwait’s largest banks, has selected MX.3 to modernize and digitalize its capital markets and treasury IT. The decision to select Murex is part of Gulf Bank’s wider replatforming of its IT landscape in which Murex will be delivering a fully integrated solution for Gulf Bank’s treasury and capital markets functions...
SWIFT opens its KYC Registry to corporates
- 6 years 5 months ago
- SWIFT
SWIFT today announces the opening of its global Know Your Customer (KYC) registry to SWIFT-connected corporate groups, enabling them to manage and share KYC data with their banking partners across the globe. The go-live for corporates follows a successful testing period with 18 leading corporate groups including BMW, Spotify and Unilever which was supported by 16 global banks representing over 7,000 corporate to bank relationships on SWIFT.
Clear Skies Ahead for SatchelPay After Clearing Regulatory Hurdle
- 6 years 5 months ago
- Payments
SatchelPay, one of the leading European electronic money institutions, has been cleared by the Bank of Lithuania to resume all suspended services. This comes after the Bank of Lithuania imposed a temporary hold on selected SatchelPay services, following concerns raised by an audit that took place last spring. SatchelPay was immediately informed of the positive decision by the Bank of Lithuania, which communicated that all suspended services may...
Half of Polish adults use mobile banking apps
- 6 years 5 months ago
- Mobile Banking
● About 50% of Polish adults (12 million people) regularly use mobile banking apps to manage their money, according to the conclusions from the newly published report "Mobile Banking and Mobile Payments in Poland 2019". ● Over 40% of them are “mobile-only”, not using any other channel (branch, online banking, etc.) to access banking services. Since September 2018, the number of “mobile-only” customers in Poland has...
Temenos Expands Corporate Social Responsibility Program to Promote Innovation and Digital Skills and Create Employment Opportunities for Indian University Students
- 6 years 5 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced it has extended its CSR initiative, Adopt iT, to deliver a scholarship program for students at Anna University in Chennai, India. Temenos will award need- and merit-based scholarships to qualifying 2nd, 3rd and 4th year students for the next three years and provide employment opportunities to outstanding scheme graduates.
Team.blue and Clearhaus partner up, strengthening Nordic online stores
- 6 years 5 months ago
- Payments
European webshop owners may soon bid their payment concerns farewell. A new partnership between two of the most innovative players in the European payment industry will ensure a smooth and streamlined payment process when selling goods online.
Robocash attracts European P2P investments for Singapore
- 6 years 5 months ago
- P2P Lending
The fintech holding Robocash Group has just integrated its in-house P2P lending platform Robo.cash in Europe with its Singaporean company Robocash PTE. LTD. The latter will provide the European P2P investors with an opportunity to invest in the business development of the group in Southeast Asia.
Tech it further: The role of digitisation in the future of Asia’s finance sector
- 6 years 5 months ago
- IT Innovations, Infrastructure
Like most other industries, finance has seen significant transformation thanks to technological advancements, and will no doubt continue to evolve along the same path in the future. And according to Indo Rama Group CFO Jayanta Chatterjee, predictive technology is the future for finance. Here and now
Discover remains the most widely accepted card scheme worldwide
- 6 years 5 months ago
- Payments, ATMs
The influence of China on global card acceptance is shown by the fact that Discover is accepted at more outlets than Visa and Mastercard as a result of agreements with UnionPay and other schemes Reciprocal agreements boost acceptance for Discover, UnionPay and JCB
Paysend extends its worldwide footprint with expansion into Asia
- 6 years 5 months ago
- Payments
Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Japan and South Korea. Users are now able to send money to Japan and South Korea using card-to-card or account transfers. Asia is an important growth market for global money transfers. Global money transfers to the East Asia and Pacific region grew almost 7 percent to $143 billion in 2018, faster than the 5 percent growth in 2017,...
SIA: The Board of Directors Appoints New Chairman
- 6 years 5 months ago
- People Moves
SIA’s Board of Directors, which met today under the Chairmanship of Giuliano Asperti, has coopted five new Members of the Board, designated by Cassa Depositi e Prestiti (CDP): Federico Lovadina, Andrea Cardamone, Fabio Massoli, Andrea Pellegrini and Carmine Viola. During the same meeting, the Board also appointed Federico Lovadina as the new Chairman of SIA, taking the place of Giuliano Asperti who has resigned.
AEVI merchant acquiring report shows integration and connectivity is a priority for industry to thrive
- 6 years 5 months ago
- Payments
If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate their own proprietary solutions. That’s the conclusion of a new report published by AEVI that examines merchant services trends in France, Italy, and Spain, with insights from leading industry experts.
Waracle receives £4.8m investment from BGF
- 6 years 5 months ago
- Investment
Waracle, one of the UK's largest mobile apps and digital products developers, has received a £4.8m investment from BGF, the UK and Ireland’s most active investor in growing businesses, to support its long-term growth plans. Waracle designs, develops and manages mobile apps and other digital products, working with some of the UK’s largest businesses across sectors including fintech, digital health and energy. Waracle continues to develop industry...
TransferMate launches seamless payments within the AccountsIQ platform
- 6 years 5 months ago
- Payments
TransferMate, one of the world’s leading cross-border B2B payments providers, and AccountsIQ, a market leading cloud accounting, consolidation and business intelligence solution, have announced further product integration to offer seamless international payments for AccountsIQ clients. While AccountsIQ customers can already benefit from the preferential exchange rates and lower fees offered by TransferMate, the advent of TransferMate’s leading...
