Path Solutions Won ‘Best Islamic Technology Provider’ at The Asset Triple A Islamic Finance Awards 2019
- 7 years 1 month ago
- Banking
Path Solutions, the leading provider of Islamic software solutions and services, has won the title of ‘Best Islamic Technology Provider’ at The Asset Triple A Islamic Finance Awards 2019. The award puts emphasis on the company’s Sharia-compliant financial software suite and recognizes innovation and impact in advancing the Islamic financial services industry.
TriOptima Record Compression Shrinks Notional in Eurex Clearing
- 7 years 1 month ago
- Derivatives and OTC Derivatives
TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has reduced notional outstanding at Eurex Clearing by 26% following a record compression run on June 26, 2019.
Brits care more about online payment security than convenience
- 7 years 1 month ago
- Payments, Security
British consumers care far more about online payment security than speed, simplicity and convenience, according to research from Equifax, the consumer and business insights expert. Two thirds (66%) of people rate safe and secure payments as most important in the online checkout process, with only one in ten being most concerned about speed or simplicity. Security ranked highest across all age groups, and was a particular concern for over 55s (75...
iSignthis Ltd - Australian Licensing Update
- 7 years 1 month ago
- Payments
iSignthis Ltd (ASX: ISX|FRA: TA8) (“The Company”) is pleased to announce that it has recently met with representatives from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), and advises that its applications are progressing well, and likely issued this quarter. Engagement with the Australian Securities and Investment Commission (ASIC) also continues on our Australian Financial Services License (AFSL).
PayU Expands Operations to Southeast Asia
- 7 years 1 month ago
- Payments
PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments...
Point of Sale (POS) Terminal Markets to 2024: Fixed & Hardware POS Systems have been Witnessing Growth at a Noteworthy Rate
- 7 years 1 month ago
- Payments
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global POS Terminal Market. The report analyzes the Global POS Terminal Market By Product Type (Fixed and Wireless/Mobile), By Component Type (Hardware and Software) and By Applications (Retail, Healthcare, Restaurant, Hospitality and Others).
Payments Technology Company BPC Expands Middle East Presence with Opening of Pakistan Office
- 7 years 1 month ago
- Payments, Banking
Switzerland-based payments technology firm BPC has opened an office in Pakistan to serve the growing financial services market in the Middle East. The office location is Karachi, the country’s largest metropole and financial centre. The BPC team, with global and local staff, covers the need for innovative payments solutions while taking advantage of the rich and growing pool of finance and technology talent available in the country.
The Derivatives Service Bureau Reports Results from first 2019 Industry Consultation
- 7 years 1 month ago
- Financial
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results from its first consultation of 2019, and the opening of its second consultation aimed to...
Global eTrade Services Facilitates Trusted Connections and Proof of Provenance of Goods with the Launch of Blockchain-based Electronic Certificates of Origin (eCOs)
- 7 years 1 month ago
- Blockchain
Global eTrade Services (GeTS), a global trade platform company, will launch blockchain-based electronic Certificates of Origin (eCOs) in partnership with Singapore Chinese Chamber of Commerce & Industry (SCCCI). The service will be made available on GeTS' neutral and trusted Open Trade Blockchain (OTB) platform from 5th July 2019.
The Collaboration of Six Nordic Banks Results in a Joint KYC Company
- 7 years 1 month ago
- Banking
Danske Bank A/S, DNB Bank ASA, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), Svenska Handelsbanken AB (publ) and Swedbank AB (publ) are moving forward and have established a joint venture company to develop a platform for handling KYC (Know Your Customer) data. The European Commission has given its approval in accordance with the EU merger control rules.
FCA Proposes Ban on Sale of Crypto-Derivatives to Retail Consumers
- 7 years 1 month ago
- Blockchain, Cryptocurrencies
The FCA considers these products are ill-suited to retail consumers who cannot reliably assess the value and risks of derivatives or ETNs that reference certain cryptoassets (crypto-derivatives). This is due to:
InstaReM Launches Card Issuing Platform for Fintechs and Enterprises
- 7 years 1 month ago
- Digital Identity, Payments
InstaReM, Southeast Asia’s leading digital cross-border money transfer and payments company, has announced the launch of its API-based digital platform that will enable start-ups, fintech companies and enterprises to launch their own branded cards.
WMCA Roadshows to Showcase Job and Training Opportunities
- 7 years 1 month ago
- BPM
From fighting hackers with the latest cybersecurity techniques to programming robots, from learning a construction trade to gaining advanced manufacturing skills – the West Midlands Combined Authority (WMCA) is running a number of roadshows this month to inspire people to train for an exciting new career. The roadshows are for unemployed people and those wanting to get a better job and aim to explain what training courses are on offer in the...
SIA-New Specialized Payment Cards Center Inaugurated in Verona
- 7 years 1 month ago
- Payments
In Verona today SIA has inaugurated a new specialized center for payment cards, capable of managing every stage of issuing, from conception to distribution, through a monitoring system compliant with the highest standards of security. The technological excellence center uses state-of-the-art equipment capable of producing an average of 10 million cards per year, with volumes that are scalable even further.
No more wine bars, young people predict revival of high street banks in the cashless age
- 7 years 1 month ago
- Banking
It wasn’t so long ago that bank branches were leaving the high street - some even became wine bars. New research reveals that today’s youth predict a bright future for banks on the high street – although the vast majority (79%) believe that their relationship with banks will be fundamentally different in ten-year’s time.
