Alipay Signs Strategic Partnership with Viva Payments in Greece
- 7 years 7 months ago
- Payments
VivaPayments, a global, cloud-based digital payments factory, providing innovative, reliable, and secure payments services to consumers, professionals, and businesses of any size, formed a strategic partnership with leading Chinese mobile and online payment platform Alipay.
Vipera Acquires Madrid-based SoftTelecom
- 7 years 7 months ago
- M&A Deals
Vipera plc, the cutting edge provider of mobile financial services and digital customer engagement solutions, is pleased to announce that it has exchanged contracts to acquire SoftTelecom, a software solutions house based in Madrid.
Brolly Raises £1m Seed Round with Valar Ventures and Pi Labs
- 7 years 7 months ago
- Insurtech, Investment
Brolly, the UK's first artificially intelligent insurance advisory application has raised a £1 million seed investment round with Valar Ventures, Pi Labs and Entrepreneur First (EF). Brolly is delighted to be working closely with the partners of these funds: James Fitzgerald and Andrew McCormack of Valar Ventures, the US venture capital fund backed by Peter Thiel, who have made notably successful fintech investments; Dominic Wilson of Pi Labs,...
BofA and PayPal Collaborate on In-store Payments and Account Linking
- 7 years 7 months ago
- Banking
Bank of America and PayPal today announced a strategic partnership that will soon enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal. The agreement will take effect immediately, with new experiences available to Bank of America customers in the first half of 2018 that will make it even easier for them to shop how, where and when they choose by leveraging the power and...
Worldpay US Upgrades Omni-Channel Platform
- 7 years 7 months ago
- Payments
Worldpay US is introducing today a suite of new features to its omni-channel platform, Worldpay Total. The new capabilities are designed to better support the needs of existing customers as well as access to additional markets, including card-not-present and Windows®-based merchants.
The ai Corporation Approved as an Electronic Money Institution
- 7 years 7 months ago
- Infrastructure
Payment and risk management experts, The ai Corporation’s (ai) and its suite of payment solutions, including machine learning risk management tools, have been granted an e-money licence by the UK Financial Conduct Authority (FCA).
Payments Canada Provides a Boost to Batch Payments
- 7 years 7 months ago
- Payments
Payments Canada, the country’s financial market infrastructure for payments, today announced new rules that will enhance automated funds transfer, a type of payment commonly associated with employee payroll and bill payments.
Assetz Capital Reveals API
- 7 years 7 months ago
- SaaS
Financial services companies such as banks and money management apps can now offer their customers the option to manage their investment in peer-to-peer lending, with the launch of Assetz Capital-as-a-Service (ACaaS).
CleverAdviser tops £1bn milestone as confidence in ‘robots’ booms
- 7 years 7 months ago
- Cloud
CleverAdviser, the cloud-based fund analysis software for IFAs which uses artificial intelligence, has reported passing the milestone of passing £1 billion of client assets through its process. CleverAdviser was originally created in 2000 by Colum Wilde, a Cheshire-based IFA, who wanted to find a better way of protecting his clients’ investments.
Open banking beginning to excite consumers but data security fears persist
- 7 years 7 months ago
- Banking, Compliance, Regulatory Standards
With less than six months to go until the introduction of the Second Payment Services Directive (known more commonly as PSD2), new research from Intelligent Environments, a leading provider of innovative financial services technology, has revealed that the clear majority of consumers (89 per cent) are unaware of how this change will affect them.
Positive Technologies BlackHat Session Demonstrates ApplePay Vulnerable to Two Attacks - At Least
- 7 years 7 months ago
- Security
In a session at Blackhat USA 2017, a senior researcher for Positive Technologies will demonstrate two separate attacks that can be performed against ApplePay, highlighting weaknesses in the payment method. While one will require a jailbroken device, the other does not. In one attack, hackers will need to first infect a jailbroken device with malware. Having done so, they are then able to intercept traffic as it is transferred to the Apple server...
Stakeholders in Global Smart City Market Seek New Funding Models to Monetise Projects
- 7 years 7 months ago
- Infrastructure
A range of financing mechanisms for market players of varying risk appetites bolsters their growth opportunities, finds Frost & Sullivan’s Visionary Innovation team
Most Companies Worldwide Failing to Measure Cybersecurity Effectiveness and Performance
- 7 years 7 months ago
- Security
Thycotic, a provider of privileged account management (PAM) and endpoint privilege management solutions for more than 7,500 organizations worldwide, today announced the release of its first annual 2017 State of Cybersecurity Metrics Report which analyzes key findings from a Security Measurement Index (SMI) benchmark Survey of more than 400 global business and security executives around the world.
Banks Latest Earnings - Rethinking Profitable Avenues to Compete with New Entrants
- 7 years 7 months ago
- Banking
The bank results out this week show the impact of regulatory changes, evolving customer behaviour and new players entering the sector on their quarterly earnings. Disruptive shifts in labour movements caused by Brexit are making access to talent and expertise a key focus for financial services. The upcoming PSD2 regulation also adds a new dimension to the digital competition which banks face.
Big Xyt Unveils Liquidity Cockpit
- 7 years 7 months ago
- Data
big xyt, the independent provider of high-volume, smart data and analytics capabilities, today announced the launch of its Liquidity Cockpit, designed to give global trading and investment firms enhanced visibility over dark and lit liquidity, and the ability to navigate and analyse European market share across a fragmented and dynamic market landscape.
