British Businesses Focusing More on China
- 6 years 5 months ago
- Payments
New research from JGOO, the next generation mobile payments platform, reveals that of those companies currently marketing goods and services in China, 67% say sales in this market have grown over the past 12 months. Furthermore, for those that don’t trade with the world’s second largest economy, one in five companies (20%) are now considering doing this. Over the next five years, the findings reveal that 40% of British businesses think that...
78% of Investors Start Investing Before the Age of 35, According to Robo.cash survey
- 6 years 5 months ago
- Data
According to a survey conducted by the P2P platform Robo.cash, 78% of P2P investors in Europe made their first investment before the age of 35. One of the reasons to begin investing early is connected with the long-term goals of investors who aim to save money for retirement or to support their children.
ICS Financial Systems Adopts the Latest Oracle Technologies for Production Use-Cases in the Banking Sector at Oracle OpenWorld 2019
- 6 years 5 months ago
- Banking, Financial
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the Oracle PartnerNetwork (OPN), announced the adoption of the latest Oracle technologies for production use-cases in the banking sector.
Freetrade Closes on $15Million Funding in 2019
- 6 years 5 months ago
- Trading Systems
Commission-free stockbroking app Freetrade has closed a $15m fundraising round, comprising a $7.5m Series A investment from Draper Esprit and an equity crowdfunding rise of $7.5 million completed earlier this year. Targeting the millennial market, Freetrade claims to have picked up 50,000 customers in the year since launch. The UK-based company is currently working on the development of a new investment platform that will give users the option...
PayPal Ventures Invests in Japanese Instant Credit Firm Paidy
- 6 years 5 months ago
- Payments
Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing. PayPal Ventures, Soros Capital Management, JS Capital Management and Tybourne Capital Management joined the extension round. The debt financing comes from Goldman Sachs Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank. Paidy launched its post-pay...
Banks in China Risk Losing US$60 Billion in Payments Revenue by 2025, According to Accenture Report
- 6 years 5 months ago
- Banking, Data
As much as 13% of banks’ payments revenue in China, or US$61 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, invisible and free, according to a new report from Accenture (NYSE: ACN).
Nets makes changes to the Executive Committee
- 6 years 5 months ago
- People Moves
The payments industry is undergoing heavy consolidation and internationalisation. Nets is actively taking part in this development with the ambition of building a leading European payments player. Recently, several newly acquired companies have been integrated into the group, and Nets has decided to focus on and invest into its strongholds and scalable businesses within merchant services and processing. To enable the next phase of the strategic...
Economic crime report from Commons Select Committee
- 6 years 5 months ago
- Fraud Detection, Risk Management
Statistics from RSA Security’s Global Fraud Report for Q2 2019:
Stratis Smart Contracts Challenge Starts Today
- 6 years 5 months ago
- Blockchain
Stratis, an enterprise blockchain technology company, announces that its online hackathon to promote the use of smart contracts is now live. The Stratis Smart Contracts Challenge has been set up to create a community of experts to develop smart contract applications that are useful, easy to use, innovative and can have a big impact in a variety of industries such as financial services, international trade, supply chain, energy and Internet of...
Raddon Launched Predictive Marketing Capabilities to Enhance Customer Value
- 6 years 5 months ago
- Financial
Raddon®, a Fiserv company and provider of innovative research, insightful analysis and strategic guidance to financial institutions, has launched a new solution to help financial institutions better understand customers’ and members’ lifestyles and
Klarna and River Island announced partnership to let shoppers Pay in 3
- 6 years 5 months ago
- Payments
High street fashion icon River Island has today announced a partnership with Klarna to offer their customers a smooother way to pay, enabled by Adyen. At River Island, shoppers can now split the total cost of their online purchase into 3 equal monthly instalments with Klarna — completely interest and fee free.
BNY Mellon Steps Up Commitment to Becoming a Driving Force in Singapore's Digital and Fintech Ecosystem
- 6 years 5 months ago
- IT Innovations
BNY Mellon, a global leader in investment management and investment services, is reaffirming its commitment to being a leader in Singapore's vibrant and emerging fintech and innovative technology environment. The company, which established a Singapore presence in 1974, has continued to grow its influence in the region – including the opening of its Singapore Innovation Center in 2016. BNY Mellon is today announcing a number of new initiatives to...
Wirecard shapes the future of mobility with renowned partners
- 6 years 5 months ago
- Digital Identity, Financial
Wirecard, the global innovation leader for digital financial technology, is once again demonstrating its pioneering spirit by forming a strategic partnership with mobility visionary Rinspeed together with other companies such as SAP, DEKRA, Zurich Insurance and Osram. Wirecard is the payment partner within the cooperation and actively shaping the future of mobility.
Kroll and Coinfirm Launch Crypto Compliance and Investigations Solutions
- 6 years 5 months ago
- Security and Compliance, Risk Management
Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it now offers crypto compliance and investigations solutions through a collaboration with blockchain analytics firm Coinfirm. Together, the companies will bring new anti-money laundering (AML) compliance, investigations and security solutions to the cryptocurrency...
Corlytics appointed Stacey English as Chief Digital Officer
- 6 years 5 months ago
- Data, Risk Management, People Moves
Corlytics, the global leader in regulatory risk rating has appointed Stacey English to its executive team as Chief Digital Officer. Stacey will lead Corlytics’ digital content, distribution and marketing strategy. She will also manage key customer and partnership relationships.
