Consumer Research by Contact Centre Specialist Ultracomms Reveals Lack of Awareness Around Secure Payments

• 6 years 9 months ago
• Payments

Customers give out payment details over the phone even when they aren’t confident or haven’t considered whether the information will be stored safely, new research by Ultracomms has found.

FICO augments Decision Management Platform with open APIs and Kubernetes

• 6 years 9 months ago
• Cloud

Today, FICO announced the latest version of its industry-leading Decision Management Platform (DMP). FICO DMP is a platform for cloud-based, digital decisioning solutions. DMP enables organisations to create and rapidly deploy digital decisions across departments, functions, and customer lifecycle stages. FICO DMP spans the entire enterprise, helping organisations to make consistent, data and model-driven decisions. As a unifying platform it...

NPM Capital Acquires 35% Stake in Ohpen

• 6 years 9 months ago
• Core Banking

First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other...

FlexTRADER Extends Integration With Goldman Sachs Actionable Indication of Interest (IOI) Liquidity

• 6 years 9 months ago
• Trading Systems

QRails signs FSS to offer 3D Secure 2.0-enabled Frictionless Payments

• 6 years 9 months ago
• Payments

FSS (Financial Software and Systems), a global payments technology company, and QRails Inc., a financial services technology company, have entered a partnership to provide next generation strong customer authentication to drive frictionless payments. As part of the agreement, QRails will embed FSS Secure3D, an innovative 3DS 2.0 solution, with its sophisticated integrated payment processing and program management services.

T-Mobile Introduces T-Mobile MONEY

• 6 years 9 months ago
• Payments

Another mobile pain point: tackled. T-Mobile (NASDAQ: TMUS) launched T-Mobile MONEY nationwide. It’s a no-fee, interest-earning, mobile-first checking account that anyone can open and manage right from their smartphone. With T-Mobile MONEY, eligible Un-carrier customers can earn an industry-leading 4.00% Annual Percentage Yield (APY)* on balances up to $3,000 – 50 times higher than the average U.S. checking account – and 1.00 APY% on every...

Remitly Brings Faster, Affordable International Money Transfers to France

• 6 years 9 months ago
• Payments, Banking

Remitly, the largest independent digital remittance company in North America, has launched its award-winning service to France, making international money transfers more fair, transparent, and cost-effective when sending money from France to international destinations.

First BELLIN Customer Goes Live with gpi for Corporates (g4C)

• 6 years 9 months ago
• Treasury, Payments, Banking

BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, has successfully integrated SWIFT gpi for Corporates (g4C) technology in its tm5 treasury management system. BELLIN client Darling Ingredients Inc. just went live with g4C and has processed the first g4C payments in tm5, together with JPMorgan Chase bank.

NPM Capital Acquires 35% Stake In Ohpen

• 6 years 9 months ago
• Banking, M&A Deals

First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other...

Flywire, TRUE North Partner for International Student Programs in Canada

• 6 years 9 months ago
• Payments

Flywire, a company that solves complex payment problems for educational institutions and their students around the world, today announced the next strategic step in its partnership with TRUE North, a Canadian-based provider of online systems for information management, tracking, collaboration, and reporting for international student programs. The companies have integrated their solutions – connecting the application, enrollment and cross-border...

Libertex Launched Lyft Trading

• 6 years 9 months ago
• Trading Systems

Igor Galkin, Head of Global Business Development and Sales at Libertex Group, said, “Lyft held an IPO at the end of March, 2019. Its shares are one of the most interesting instruments of this season. We’re glad to offer our clients CFD for Lyft shares and open new trading opportunities for them.”  

Praxia Bank to Offer Deposit Products via Cross-border Deposit Marketplace

• 6 years 9 months ago
• Banking

A new deposit acquisition strategy capitalizing on cutting-edge technology and globalized market opportunities.

Imandra Completes $5 Million Seed Round Led by AlbionVC, IQ Capital and LiveOak Venture Partners

• 6 years 9 months ago
• Investment

Imandra Inc. - creator of the Imandra cloud-native automated reasoning engine - has completed a $5 million Seed investment led by AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used towards further growth in financial services and fast-growing applications of their AI technology to autonomous vehicles, robotics and machine learning. Imandra democratises deep advances in symbolic AI for making algorithms safe, explainable...

Paysend recognised by MasterCard for the quality of their payment processing

• 6 years 9 months ago
• Payments

The quality of payment processing by paytech firm Paysend has been recognised by MasterCard. The recognition comes in the form of MasterCard’s Regional Compliance Award, which compares ICAs (Interbank Card Association Numbers) in their respective region. Only ICAs in the top five per cent with the highest compliance percentage receive the awards.

Customer engagement key differentiator for banks as total redress payments increase

• 6 years 9 months ago
• Banking, Infrastructure

Statistics from the recent FCA complaints handling report show that the total redress paid to consumers was £2.26 billion, 12% (£216 million) increase compared to £2.57 billion in 2018 this time last year.