Worldcore Payment Institution Announces ICO
- 7 years 6 months ago
- Payments
The renowned European payment institution, Worldcore announces Initial Coin Offering (ICO), as part of its wider expansion plans.
Fiserv Acquires Monitise
- 7 years 6 months ago
- M&A Deals
Fiserv has completed its acquisition of Monitise plc, further expanding its digital technology suite to enable financial institutions worldwide to meet customer expectations for innovative digital banking experiences. The Monitise portfolio of digital solutions helps some of the world's most trusted financial institutions design, build, run and deliver innovative digital banking experiences. Through this acquisition, Fiserv expands its suite of...
Mutual of Omaha and CSI globalVcard deepen payments relationship
- 7 years 6 months ago
- Payments
CSI globalVCard, a leading B2B payments company specializing in secure payments with rewards, today announced that it has expanded its relationship with Mutual of Omaha Bank to provide virtual credit card and e-payment services to the bank’s corporate clients. The partnership involves CSI globalVCard integrating a white-labeled payments platform into Mutual of Omaha Bank’s website that allows the bank’s business clients to send automated,...
Spanish Stock Exchange Volumes Up by 9.5%
- 7 years 6 months ago
- Foreign Exchange
The trading volume in August in the Spanish Stock Market came in at €33.6 billion, up 9.5% from a year earlier. The trading volume for the first eight months of the year totalled €450.7 billion, down 4.2% from the same period in 2016. The number of equity trades on the Spanish Stock Market markets in August reached 3.3 million, up 6.4% year-on-year. The number of equity trades to the end of August totalled €34.8 million, 7.7% down year-on-year.
Fridays With FinTechs: Enabling India to Transact Digitally
- 7 years 6 months ago
- Payments
India is full of small vendors – streets are always buzzing with shopkeepers on both sides. For quite some time, commerce is still done the old-fashioned way with cash. I moved to India after spending more than 17 years in the US and have continued to wonder why even some of the largest merchants in India don’t accept cards. At the time, only 1.1 million terminals existed for more than 60 million merchants.
Payconiq Moves HQ to Luxembourg
- 7 years 6 months ago
- Payments
Payconiq, the mobile payment service for online, on-the-go and direct payments, has relocated its headquarters to Luxembourg. The company started in Amsterdam where Payconiq was founded and has thrived under the wings of ING’s innovation hub. Starting today, Payconiq will continue as an independent entity, putting down roots in the 'payments capital’ of Europe.
A Modular API Approach to Digital Wealth Management
- 7 years 6 months ago
- Wealth Management
It has been almost 10 years since early B2C robo advisors launched their products and since then, the market has grown exponentially. Incumbents such as Blackrock, UBS, Vanguard and Charles Schwab have entered the space with their own robo advisory models. With increase in competition, the end customer benefits from transparent and low cost investing.
ItzCash partners HDFC Ergo to offer general insurance products
- 7 years 6 months ago
- Cash management
India’s leading Financial Exchange, Ebix’s ItzCash today announced that it has entered into a strategic agreement with the country’s third largest non-life insurance provider in the private sector, HDFC ERGO to offer general insurance product on its ‘PHYGITAL’ platform. With Ebix’s dominance as World’s largest insurance exchange, this association will further strengthen ItzCash’s position in the Financial Exchange market.
Mastercard partners with Garmin for payments on the run
- 7 years 6 months ago
- Payments
Today Mastercard announced that it is adding payment capabilities to the newly launched Garmin® vívoactive® 3 to provide active customers a watch that frees them from having to carry their phone or wallet around. Mastercard will be enabling fitness enthusiasts to make contactless payments and pay by simply tapping their device at a contactless terminal at nearly 6.6 million merchant locations globally.
Bleep opens new payments division for merchant services
- 7 years 6 months ago
- Payments
Bleep UK PLC has today announced the launch of their new Independent Sales Organisation (ISO) and Merchant Services Provider (MSP), Bleep Payments. Bleep has launched their new payments division as a result of client feedback, client demands, an ambitious growth strategy and also the changing industry that they operate in.
DBS lntroduces Digibank in Indonesia
- 7 years 6 months ago
- Banking
DBS Bank, a leading bank in Asia, today officially unveiled digibank by DBS (digibank), a groundbreaking mobile-led bank, in Indonesia. A revolutionary offering, digibank is paperless and signatureless, and brings together an entire suite of innovative technology – from biometrics to artificial intelligence (AI) – to enable customers to enjoy a whole new way of banking.
Trade finance startup Traydstream names Citi veteran Sameer Sehgal CEO
- 7 years 6 months ago
- People Moves
London-based (Trade Finance) FinTech firm, Traydstream has appointed Citi Bank’s ex – Head of Trade for Europe, Middle-East & Africa (EMEA), Sameer Sehgal, as its Chief Executive Officer (CEO). He brings over 22 years’ expertise in Trade, having held several senior roles over the years.
Ping Identity to underpin UK's Open Banking framework
- 7 years 6 months ago
- Banking
Ping Identity, the identity security company for over half of the Fortune 100, has been selected by Open Banking to provide the identity and access management (IAM) technology that will underpin the UK’s open banking framework - the UK’s national response to the second Payment Services Directive (PSD2).
IMC Joins Swiss Stock Exchange
- 7 years 6 months ago
- Foreign Exchange
IMC, a leading global market maker, today joins the Swiss stock exchange as a trading participant. IMC will match its cutting-edge trading technology with that of SIX Swiss Exchange, as it trades on the highly liquid and efficient marketplace for Swiss and international securities.
American Express Reveals Pay It Plan It feature
- 7 years 6 months ago
- Payments
Today American Express began rolling out a new mobile feature called Pay It Plan It℠ across all eligible U.S. Consumer Credit and Co-Brand Cards that gives Card Members two new ways to pay for the things they buy.