Millennials and Their Mobiles Matter Most, and They’re Voting With Their Money
- 7 years 7 months ago
- Payments
A new global report released by Telstra reveals that United Kingdom (UK) millennials have become the most valuable demographic group for financial institutions with UK millennials’ average wallet size[1] now 40 per cent greater than the UK adult demographic. As millennials drive interactions and demand mobile engagement in a manner never before seen in financial services, traditional institutions need to adopt a mobile-first digital strategy or...
Sberbank Deploy Spire and Lanter Innovative Mobile POS Solution Across Four Major Russian Cities
- 7 years 7 months ago
- Payments, Infrastructure
Spire Payments and its official Russian distributor Lanter have developed an innovative mobile POS solution to capture transportation and municipal payments in major cities throughout the Russian Federation. The initiative is spearheaded by Sberbank, the market-leading acquiring bank in the region and is driven by the desire to expand into new market sectors. This ground-breaking initiative has just been deployed in four major cities: Sankt...
Sberbank goes live with Spire and Lanter innovative mobile POS solution across four major Russian cities
- 7 years 8 months ago
- Transaction Banking, Payments, Banking
Spire Payments and its official Russian distributor Lanter have developed an innovative mobile POS solution to capture transportation and municipal payments in major cities throughout the Russian Federation. The initiative is spearheaded by Sberbank, the market-leading acquiring bank in the region and is driven by the desire to expand into new market sectors. This ground-breaking initiative has just been deployed in four major cities: Sankt...
Yolt launches open beta in the UK
- 7 years 8 months ago
- Payments
Yolt, a new money platform backed by ING, one of the leading banks in Europe, has launched its open beta today for iOS and Android, offering users across the UK access to a new way of managing their money smartly and intuitively. The app has been tested and improved in closed beta since October last year, and is now ready to invite more people to the platform.
Core Banking Provider Ohpen secures € 15 Million Series B financing at €100 million valuation
- 7 years 8 months ago
- Core Banking
Cloud-based core-banking provider Ohpen has secured a € 15 million Series B investment round led by private equity firm Amerborgh to accelerate international growth. Ohpen, founded in 2009, is a cloud-based core-banking engine, built for the efficient administration of retail investment and savings accounts.
Payments and Tech Giants Predict the Future of Money at Money20/20 Europe
- 7 years 8 months ago
- Payments
FinTech experts from across the globe flocked to Copenhagen last week to debate the future of money at Money20/20 Europe. The world’s leading tech, financial services and business experts revealed how new technologies will fundamentally change the way we borrow, manage and spend money around the world.
Russia, Indonesia, Vietnam, Argentina and Israel’s Surprising E-Commerce Growth Presents Opportunity for British Retailers
- 7 years 8 months ago
- Infrastructure
Russia (42%), Indonesia (45%), Vietnam (37%), Argentina (38%) and Israel (25%) are surprisingly included in the fastest growing e-commerce markets in terms of percentage growth compared to last year, according to the latest worldwide research by PPRO Group in co-operation with payments specialist Edgar, Dunn & Company. British e-commerce merchants are constantly looking for ways to improve market reach to attract and retain loyal overseas...
COSS.IO Announces a 72-hour Fire Swap (pre-ICO)
- 7 years 8 months ago
- Cryptocurrencies
The Singapore-based C.O.S.S. PTE LTD (aka COSS) announces a Fire Swap (pre-ICO) of its token named COSS. The COSS Token Swap (ICO) is soon to follow.
Logical Glue Secures investment to Further Develop Machine Learning White Box Insights for Financial Services and insurance Markets
- 7 years 8 months ago
- Cloud
Logical Glue, the cloud-based software company that helps the financial services and insurance industry reduce risk and increase profits with insightful and faster data-driven decisions, has closed a major private investment from UK entrepreneur Tom Singh. The investment will allow Logical Glue to expand its cloud-based machine learning and statistical modelling platform, further developing its patented “white box” decision-making engine and...
Niu Solutions partners with Virgin Money to Bolster Intermediary Technology Offering
- 7 years 8 months ago
- Infrastructure
Niu Solutions, a leading provider of managed IT services, partnered with Virgin Money to further enhance the lender’s intermediary mortgage portal. Virgin Money appointed Niu Solutions to support its plans for digital transformation in response to the changing needs of its intermediary clients. The project saw Virgin Money develop its Mortgage Lab which sought to innovate and make the mortgage application process more efficient.
Join the Most Exclusive Fintech Event in CEE this October
- 7 years 8 months ago
- FinTech StartUps, Infrastructure
Fintech as we know it has taken most of the momentum in pretty much whole Europe. This billion-dollar market has been influenced by many stakeholders and players offering uncountable opportunities. Join us this October in beautiful Dubrovnik, Croatia also known as “the Pearl of the Adriatic” or “King’s Landing” and explore opportunities in Fintech industry!
CBA Unveils Instant Payments Solution on the IBAS platform
- 7 years 8 months ago
- Payments
Norwegian software vendor Commercial Banking Applications (CBA), has launched the IBAS Instant Payments Solution to support the processing of real-time payments for European banks. CBA has been listed as a Frontrunner Service Provider by EBA to support banks in connecting to the EBA Clearing Instant Payment System.
Workday Appoints Gonzalo Benedit as president, EMEA and AP
- 7 years 8 months ago
- M&A Deals
We are pleased to announce the appointment of Gonzalo Benedit as Workday’s new president of EMEA and APJ. Gonzalo has taken on overall responsibility for Workday’s continued growth and success across the EMEA and APJ regions and has succeeded Chano Fernandez, who was recently appointed executive vice president, global field operations.
Turkish Bank Becomes First Bank to Implement Bacs’ New Low Cost Access Solution
- 7 years 8 months ago
- Banking
A pioneering approach to access has seen Turkish Bank become the 18th and latest member of Bacs Payment Schemes Ltd (Bacs), the company behind Direct Debit and Bacs Direct Credit. This new access solution is available to other smaller payment service providers (PSPs), allowing those with low transaction volumes simplified connectivity to these major payment schemes.
BooleBox Increases Private Users' Security With a Summer Promo
- 7 years 8 months ago
- Data
Boole Server, Italian provider of data-centric solutions, helps private users to protect their personal documents and sensitive data. Today, everybody sends e-mails and shares files, but there is an urgent need to do it in a secure way — as all the recent cases of cyberattacks have shown. Since the goal of Boole Server is to guarantee total privacy and security, for Summer 2017 it will offer its BooleBox Cloud Individual at a special price of $9...
