PaySend revolutionising international money transfer with the launch of PaySendLink
- 6 years 10 months ago
- Payments, Money Transfers
Global payments disrupter Paysend, which has the only global card to card money transfer network, has launched another innovative service called PaySendLink. The new service means that consumers will need just the recipient’s mobile phone number to send money to somebody overseas.
RHB Banking Group Chooses Kamakura for NSFR
- 6 years 10 months ago
- Banking
Kamakura Corporation is pleased to announce that RHB Banking Group, (http://www.rhbgroup.com/), the fourth largest fully-in
Mastercard Names Donald Chesnut as Chief Experience Officer
- 6 years 10 months ago
- People Moves
Mastercard today announced that Donald Chesnut will join the company as its first chief experience officer, effective January 14, 2019. In this newly created role, he will lead a team that supports the organization’s delivery of the best consumer payment experience, while providing merchants, issuers and other partners a more holistic way to work with Mastercard’s products and services.
Nets completes acquisition of Polish online payment service providers Dotpay/eCard
- 6 years 10 months ago
- Payments
Nets, a market leader in the payments industry, has today announced the completion of the acquisition of leading Polish online payment service providers Dotpay/eCard. Andrzej Budzik will continue as CEO of Dotpay/eCard and the brands of Dotpay and eCard will remain.
Fat Cat Friday 2019
- 6 years 10 months ago
- Payments
• Top bosses earn 133 times more than the average worker • Latest CIPD/High Pay Centre analysis finds that the average FTSE 100 CEO is paid £1,020 per hour and £3.926 million a year, an increase of 11% on the previous year • Excessive pay and the business culture of ‘Superstar’ CEOs is increasingly being recognised as a failure of corporate governance, affecting employee engagement and trust in business leadership
Securities Finance Industry Generated $9.96 Billion in Revenue in 2018
- 6 years 10 months ago
- Infrastructure
The global securities finance industry generated just under $9.96 billion in revenue for lenders in 2018, according to market data provider DataLend. It was a record year in terms of revenue generated for investors that lend out securities from their portfolios, referred to as beneficial owners, since DataLend began tracking the market in 2013. Beneficial owners include asset managers, insurance companies, pension funds and other institutional...
CONSUMER FINANCIAL PROTECTION BUREAU SETTLES WITH USAA FEDERAL SAVINGS BANK
- 6 years 10 months ago
- Banking, Infrastructure
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with USAA Federal Savings Bank, a federally chartered savings association headquartered in San Antonio, Texas.
HCL recognized as a Leader in ISG Provider Lens™ Research Quadrant for FAO Digital Operations, U.S. Market, 2018
- 6 years 10 months ago
- Infrastructure
HCL Technologies (HCL), a leading global technology company, has been recognized as a Leader by ISG in its recently published report, “ISG Provider Lens™ Research Quadrant for Finance & Accounting Outsourcing Digital Operations, U.S. Market, 2018.” According to the report, HCL has a strong presence in the U.S market and is using it to expand its footprint in finance BPO. HCL has invested heavily in advanced automation and analytics, which...
One in ten UK companies could be a ‘zombie business’ – R3
- 6 years 10 months ago
- Infrastructure
Over one in ten (11%) UK companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from insolvency and restructuring trade body R3. Only being able to pay the interest, not the original debt itself, is one potential sign of a so-called ‘zombie business’ – a company which is only surviving thanks to low interest rates but which otherwise might not be viable.
Assetz Capital rewards investors with new cashback offer
- 6 years 10 months ago
- P2P Lending
Leading peer-to-peer business lender, Assetz Capital, has launched a new cashback offer which rewards new investors with up to £350 in cashback. To trigger the cashback, users need to register and invest by 31st January. Those that invest between £5,000 and £10,000 will earn £100 cashback, with those investing over £10,000 or £20,000 earning £150 or £250 respectively.
Connexin Wins IoT Breakthrough Award for Smart City Deployment of the Year
- 6 years 10 months ago
- Infrastructure
Home-grown technology firm Connexin has been announced winners of the IoT Breakthrough Award for Smart City Deployment of the Year, for the Newcastle Smart Road pilot.
iwoca adds Barclays and HSBC to Open Banking connections
- 6 years 10 months ago
- Banking
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.
ASEAN is the most advantageous region for the development of fintech
- 6 years 11 months ago
- Infrastructure
The recent report from Deloitte conducted in partnership with Robocash Group stated that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments expected to increase by over 20-30% in 2018 compared to the previous year.
Will the Stablecoin be the blockchain star for 2019?
- 6 years 11 months ago
- Blockchain, Cryptocurrencies
The stablecoin, a digital currency pegged to a stable asset, has been forecast to be the blockchain star of 2019. Mitigating the volatility that usually plagues the crypto world, stablecoins are bringing much needed stability back to the blockchain trading platform. Australia and Japan are among the latest countries to introduce their own state backed stablecoins,1 highlighting the surging popularity of stablecoins around the world.
Millions of UK citizens fail to vote in elections and referendums, exposing failure to meet public’s digital expectations
- 6 years 11 months ago
- Infrastructure
The growing expectations of UK consumers are coming up against the harsh reality of the digital services available, according to a survey of 2,500 UK adults commissioned by Liferay. This is, in turn, affecting people’s relationship with democracy, and with national institutions such as the NHS. For instance:
