PSCU Partners with Ethoca to Improve Card Not Present Fraud Loss Recoveries for Credit Union Member-Owners
- 7 years 8 months ago
- Credit Cards
PSCU is proud to announce a partnership with Ethoca, the leading global provider of collaboration-based technology solutions for card issuers and merchants, to help reduce losses from card not present (CNP) fraud.
Rand Merchant Investment Holdings and Nedbank Acquire Stakes in Entersekt
- 7 years 8 months ago
- M&A Deals
Rand Merchant Investment Holdings (JSE:RMI) through AlphaCode, RMI’s innovation hub for fintech entrepreneurs and Nedbank Private Equity (NPE) through its private equity investment vehicle, BoE Private Equity Investments, have each acquired minority shareholdings in Entersekt in a multi-million dollar transaction.
Thomson Reuters Enhances Eikon Messenger to Redi Buy-side Community
- 7 years 8 months ago
- Infrastructure
Thomson Reuters is extending its instant messenger capabilities to the buy-side professionals who use its recently-acquired REDI execution management system, in a move designed to break down barriers to communication in financial markets.
EToro Unveils Cryptocurrencies Investment CopyFund
- 7 years 8 months ago
- Cryptocurrencies
eToro, the global trading and investing social network, today announces the launch of a new cryptocurrencies investment CopyFund.
Hong Kong and Shenzhen Sign Fintech Pact
- 7 years 8 months ago
- Infrastructure
Mr Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), visited the Office of Financial Development Service, the People’s Government of Shenzhen Municipality (OFDS) to keep abreast of the applications and latest developments of fintech in Shenzhen, and exchanged views on the co-operation among banks and financial institutions in the two cities.
Challenger Platform helps OTP banka Hrvatska Issue 13% More Cards and Onboard 16% More Mobile Banking Users in Just Four Months
- 7 years 8 months ago
- Banking
What can banks do to dramatically increase new credit cards issued or the number of mobile banking users? Banks worldwide seem to be struggling with this challenge. Even though online banking penetration is growing, only 7 to 11% of customers use specific bank’s products. An average bank has about 30-50 particular products, but only 2 to 3 of them are used by clients – meaning that up to 90 percent of bank products can remain unused.
MFS Africa Joins Paga to Connect Nigerian Remittance Market to the World
- 7 years 8 months ago
- Money Transfers
MFS Africa and Paga announced today the launch of their partnership connecting Paga users and Nigerian bank account holders to remittance senders from around the world. Thanks to this collaboration, anyone with a Paga wallet can receive transfers from millions of other mobile money users across Africa, or from any money transfer operator connected to the MFS Hub.
Ebury Launches New Offices Across Europe
- 7 years 8 months ago
- Payments
Ebury, one of the fastest growing fintechs for corporate cross-border payments and growth lending, today announced four new hires across its’ European offices; an office opening in Athens and the completion of moves to larger offices in Paris and Warsaw in June this year.
Nasdaq Reveals Auction on Demand in the Nordics
- 7 years 8 months ago
- Foreign Exchange
Today Nasdaq is launching an innovative new market feature, Auction on Demand – designed to fulfill MiFID II transparency requirements. Since the announcement in December 2016, several Independent Software Vendors (ISV’s) have signed up for the service and are ready to support trading from start. These include FIS Front Arena, Itiviti, Fidessa and Vitec Aloc. During the spring, the service has been extensively tested and the reception among...
Moneymailme Welcomes Ex-Western Union Man Mark Bolsom as UK Business Development Director
- 7 years 8 months ago
- People Moves
Moneymailme has appointed Mark Bolsom as Business Development Director. Mark joins Moneymailme from Western Union, where he led a 50-strong FX services team for five years. Before Western Union, Mark spent five years at Travelex as Head of Corporate Dealing.
Tipalti enhances its platform with three new innovations
- 7 years 8 months ago
- Payments, Accounting, BPM
Tipalti, one of the leading fintech companies, is releasing three new innovations to its platform that will revamp the way CFOs manage their company's payments solution. The features will let finance teams completely automate and streamline their entire end-to-end payments solution towards their global suppliers. This is the first time a company integrates these innovations within a holistic payments solution.
Illuminate Financial Invests €2 Million in Fixed Income Liquidity Platform AxeTrading
- 7 years 8 months ago
- Trading Systems
AxeTrading, a provider of fixed income trading technology, has announced a strategic investment of €2 million from Illuminate Financial Management LLP, a venture capital firm backed by Deutsche Börse Group and IHS Markit amongst others with a specific focus on capital markets financial technology.
Cardtek and NXP Collaborate to Provide Technology for UAE Mobile Wallet
- 7 years 8 months ago
- Payments
Cardtek, a leading global payment technologies provider, today announced that it is collaborating with NXP Semiconductors to deliver the first nationally sanctioned mobile wallet solution for the United Arab Emirates.
NEX to Deploy Duco for Client-side MiFID II Reconciliation Reporting
- 7 years 8 months ago
- Regulatory Standards
NEX Regulatory Reporting, a NEX Group business which provides regulatory reporting services across worldwide regulatory regimes, and Duco, the global provider of self-service data normalisation and reconciliation services, today announce that NEX Regulatory Reporting is to use Duco’s technology to provide MiFID II reconciliation to their clients.
Tier 1 Card Issuer goes live with MeaWallet
- 7 years 8 months ago
- Payments
MeaWallet today announced that it has signed a License Agreement with a large Tier 1 Card Issuer. MeaWallet will be responsible for installing and setting up the solution in the customer’s local datacenter. Through this agreement, the Card Issuer can provide digital- and mobile wallet services to their four million card holders, supporting four card schemes – local scheme, Mastercard, Visa and American Express, as well as the converged wallet...
