BitConnect Coin Outdoes Ethereum's Performance for 6 Months That Followed the ICO
- 7 years 8 months ago
- Bitcoins, Cryptocurrencies
The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming the growth of the world's top altcoin, Ethereum. The new cryptocurrency has witnessed its value increase dramatically since its November 2016 ICO.
Singapore's FinLab Puts Eight Startups on the Accelerator
- 7 years 8 months ago
- FinTech StartUps
After sieving through close to 400 applications across 44 countries, The FinLab, Singapore's first corporate fintech accelerator, selected 8 innovative fintech businesses for its second cycle of acceleration.
Trax and Bats Unite for MiFIDII Equities Trade Reporting
- 7 years 8 months ago
- Compliance
Trax®, a subsidiary of MarketAxess Holdings, Inc. and a leading provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announce plans to offer Trax Approved Publication Arrangement (APA) customers the choice to direct equity trade reports to the Bats APA in order to help market participants comply with MiFID II...
Chase Launches QuickPay with Zelle
- 7 years 8 months ago
- Payments
Chase customers now have broader access to an easy, safe and fast way to pay other individuals through the ZelleSM network.
NetClearance Brings IoT Payments to the Point-of-Sale
- 7 years 8 months ago
- Payments
Netclearance, providers of the world’s biggest network of smart Bluetooth payment terminals, today unveils the world’s first commercially available Bluetooth 5 payment beacon. mBeaconSAM comes in a mini SIM-card sized smart card that fits into existing card reader terminals and will enable them for IoT payments transactions. The device brings three key benefits to merchants and financial institutions:
BlueRock Wealth Management Offers Digital Safekeeping with FutureVault
- 7 years 8 months ago
- Wealth Management
BlueRock Wealth Management Inc., a trusted wealth management firm that provides personalized financial advice and services, has announced that it is offering FutureVault’s Digital Collaborative Vault – called the BlueRock Vault – as an exclusive service to its executive and high-net-worth clients.
The ai Corporation Releases Machine Learning Tools to Combat ACH Fraud
- 7 years 8 months ago
- Risk Management
Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.
Blockchain Bank Babb Welcomes Ripple advisor as CTO
- 7 years 8 months ago
- Banking
Blockchain-based banking startup BABB has today announced the appointment of blockchain heavyweight Dr. Anish Mohammed, who has joined the team as CTO & CSO to spearhead the launch of the world’s first blockchain-based bank account.
Dutch Regulator Fines ABN Amro Credit Card Arm for Lending Failings
- 7 years 8 months ago
- Infrastructure
The Netherlands Authority for the Financial Markets (AFM) today announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March 2017, ICS took the initiative itself and prepared a compensation plan for the clients concerned. The EUR 2.4 million fine relates to shortcomings in ICS’s lending practices from June 2012 to March 2015. Some ICS clients were given credit limits...
Circle Strives to Ease the Cost and Pain of Cross-border Consumer Payments
- 7 years 8 months ago
- Payments
Today, Circle customers in the US, UK and Europe now have the ability to send and receive money instantly across borders with no fees and no markup on foreign exchange rates. For the first time, sending money across borders is just like sending email or sharing photos: free and instant. It’s another step in our mission to tear down borders and barriers to sending money anywhere in the world. Other news we’re sharing today includes:
Park Square Goes Live on thinkFolio from IHS Markit
- 7 years 8 months ago
- Infrastructure
IHS Markit, a world leader in critical information, analytics and solutions, today announced that Park Square Capital (“Park Square”), one of Europe’s leading independent credit providers, has gone live on its order management and portfolio modelling system, thinkFolio.
Organisations Increase Reliance on Open Source and Acknowledge Risks, But Efforts to Secure and Manage It Effectively are Lagging
- 7 years 8 months ago
- Infrastructure
The world’s appetite for open source software is voracious. In the last year, businesses around the globe significantly increased their use of open source and although they readily acknowledge growing concerns about open source-related security and operational risks, the effective management of open source is not keeping pace with the increase in use.
InterPost Delivers Faster and More Affordably with Descartes e-Customs
- 7 years 8 months ago
- Infrastructure
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that InterPost, a long established wholesaler for international mail and the e-Commerce parcel industry, has improved the efficiency of its customs clearance service using the Descartes e-Customs(TM) solution.
InvestHK’s 2nd Hong Kong Fintech Week to Showcase City’s Unique Qualities, Fintech Advances and Market Access
- 7 years 8 months ago
- Infrastructure
Hong Kong will host its second annual Hong Kong Fintech Week from 23 to 27 October 2017 at the Hong Kong Convention and Exhibition Centre to accommodate an expanded programme of events and activities that will highlight the distinctive and dynamic qualities the city offers the global Fintech community. This year, Hong Kong Fintech Week will be the first of a series of three consecutive weeks of Fintech activities in Hong Kong to be attended by...
HCL Reveals GDPR Services to Enable Organizations Comply with EU Data Protection Regulation
- 7 years 8 months ago
- Security and Compliance, Regulatory Standards
HCL Technologies (HCL), a leading global IT services provider, announces the launch of General Data Protection Regulation (GDPR) services to help organizations comply with EU GDPR regulation. The new GDPR Regulation which is mandated to be adopted by May 2018, extends the data rights of individuals and requires organizations to develop clear policies and procedures to protect personal data and adopt appropriate technical and organizational...
