OCC Provides Guidance for Banks as US Prepares for T+2
- 7 years 8 months ago
- Banking
The OCC expects that as of the T+2 compliance date, in accordance with industry standards and applicable securities and self-regulatory organizations’ rules for securities clearance and settlement, banks will not effect or enter into a contract for the purchase or sale of an affected security that provides for payment of funds or delivery of securities later than the second business day after the date of the contract, unless otherwise expressly...
3W Infra Launches Modular Full Rack Colocation Solution with High-Availability and Scalability Features
- 7 years 8 months ago
- IaaS
3W Infra, one of the fastest growing IaaS hosting providers in Europe that managed to grow its server base by one third in just half a year to currently 4,000 dedicated servers under management, has announced the launch of its new Full Rack Colocation plan – a highly modular thus scalable colocation offering supporting dynamic hybrid cloud and fast-paced growth strategies.
ICC Banking Commission to Launch Digital Trade Finance
- 7 years 8 months ago
- Banking
In line with its 2020 Strategy, the ICC Banking Commission has launched a “Digitalisation of Trade Finance Working Group”.
Calastone Successfully Completes First Phase of Blockchain Distributed Market Infrastructure
- 7 years 8 months ago
- Blockchain
Calastone, the global funds transaction network, today announced the successful completion of the first phase of its distributed market infrastructure proof-of-concept (PoC) to test the feasibility of using blockchain to develop a common global marketplace for the trading and settlement of mutual funds. The tested distributed infrastructure model proved capable of processing transactions equivalent to a full day’s trading sourced from across...
AEVI and Moroku Join Forces to Mobilize Small Merchants
- 7 years 8 months ago
- Payments
AEVI and Moroku today announced a partnership to bring their all-in-one small merchant POS software Marrakash to AEVI’s Global Marketplace; a B2B app store for smart Point of Sale (SmartPOS) devices.
Romania's BCR Improves Cash Management with Assistance of NCR and Printec
- 7 years 8 months ago
- Banking
Banca Comercială Română (BCR), the largest financial group in Romania and a member of Erste Group has significantly improved availability and operation costs across its network of more than 2,600 ATMs and its cash processing centers with the help of NCR Corporation (NYSE: NCR) and its channel partner Printec.
YBS Group Deploys Aprimo Across All Product Development, Marketing and e-Commerce Functions
- 7 years 8 months ago
- Infrastructure
Yorkshire Building Society (YBS), the UK’s second largest building society, is reeping the benefits of a new automated approach to marketing operations following its selection of Aprimo, a global leader in marketing operations software solutions. YBS completed its first project on the new marketing operations platform in November last year.
Supported by Mastercard and CDPQ AvidXchange Secures $300 Million Funding
- 7 years 8 months ago
- Payments
AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, announced today its strategic partnership with Mastercard to deliver accounts payable and payment automation to small and midsize businesses.
Workday Is Ranked #3 As a Best Place to Work in Europe
- 7 years 8 months ago
- Cloud
Workday, Inc., a leader in enterprise cloud applications for finance and human resources, today announced that it ranked #3 on Great Place to Work (GPTW) Institute’s list of the best workplaces in Europe.
ATM Security Team Changes Brand Name to Focus on Transaction Chain
- 7 years 8 months ago
- Payments
The European ATM Security Team (EAST) is changing its name to the European Association for Secure Transactions (EAST). The announcement was made by EAST Executive Director Lachlan Gunn at the EAST Financial Crime and Security (FCS) Forum in The Hague. The name change is in line with a new strategic direction for EAST. EAST was formed in 2004 to focus on ATM security when card skimming was a rising issue in Europe.
CardPay Acquires JCB Cards Across SEPA Region
- 7 years 8 months ago
- Payments
JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, is pleased to announce that CardPay, a global player and a European leader in e-commerce and transactional services, has signed a direct License Agreement to acquire JCB's e-commerce card transactions across the SEPA region.
Synechron Partners with Misys to Demonstrate Corporate Banking and Capital Markets Expertise
- 7 years 8 months ago
- Banking
Synechron, a global financial services consulting and technology service provider, today announced that it will join the Misys InFusion Partner Program. Synechron will develop two Centres of Excellence focused on Capital Markets and Corporate Banking to support clients across the United States, Europe, Middle-East and India.
Stratumn Raises Largest Funding Round to Date in the European Blockchain and Data Security Ecosystem
- 7 years 8 months ago
- Blockchain
Stratumn, a leading provider of network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography, announces today the raising of €7M in a series A funding from Open CNP, the Corporate Venture arm of CNP Assurances, Otium Venture, Nasdaq and Digital Currency Group. Less than two years after its inception and one year after its seed financing, Stratumn has now accomplished the...
SumUp Welcomes Ryan O'Connor as US MD
- 7 years 8 months ago
- People Moves
SumUp, the leading mobile point-of-sale (mPOS) company, today announces Ryan O’Connor as Managing Director of the U.S., underscoring the company's commitment to accelerating growth in the United States and North America.
Denmark Based OpenLedger Closes $1.6 Million Seed Funding
- 7 years 8 months ago
- Infrastructure
OpenLedger Aps, based in Pandrup, Denmark, has received seed funding to the tune of 11 Million DKK ($1.6 Million USD) from a group of a group of Chinese, American and European investors, allowing four major projects managed by OpenLedger, namely eDEV.one (EDEV, JOYY), GetGame (REALITY), Apptrade (APPX), and OCASH (OCASH) to start immediate production.
