Barclaycard introduces co-branded business trade card in the UK
- 8 years 1 month ago
- Cash management
Barclaycard, which has helped make businesses successful for more than 50 years, is partnering with selected companies of the Travis Perkins Group to launch a new range of co-branded business credit cards. The rollout of the new cards kicks off with Travis Perkins and Toolstation this month.
Finn AI joins Temenos MarketPlace
- 8 years 1 month ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announces the launch of Finn AI on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech providers and financial institutions. Finn AI, which is working with financial institutions such as Bank of Montreal, provides banking customers with an AI-powered personal banking and financial management assistant. The solution, built solely for the financial...
Dubai Financial Services Authority Signs MoU with Astana Financial Services Authority
- 8 years 1 month ago
- Infrastructure
The Dubai Financial Services Authority (DFSA) today entered into a Memorandum of Understanding (MoU) with the Astana Financial Services Authority (AFSA). The MoU was signed in the Dubai International Financial Centre (DIFC) by Mr Bryan Stirewalt, Managing Director, Supervision of the DFSA, and Mr Stephen Glynn, Chief Executive Officer, AFSA. The signing was also attended by Mr Waleed Saeed Al Awadhi, Chief Operating Officer at the DFSA.
Solactive is introducing the Solactive Blockchain Technology & Hardware Index
- 8 years 1 month ago
- Blockchain
Following the successful launch of a series of index strategies targeting themes related to disruptive technology and innovation, Solactive is introducing the Solactive Blockchain Technology & Hardware Index (the “Index”). The Index mirrors the performance of global companies focusing directly on blockchain innovation and development, as well as companies providing hardware and hardware-related services used in the process of mining, an...
Global leading tech authority Jared Spool to deliver workshop on UX too Manchester businesses
- 8 years 1 month ago
- Consultancy
ThoughtWorks, the global technology and digital transformation consultancy, today announces they are partnering with one of the world’s leading experts in experience design, Center Centre’s Jared Spool. Jared will be visiting Manchester to deliver an industry-leading workshop on user experience strategy for business leaders on 26-27 June 2018.
Alfa-Bank’s New Processing Centre Runs on OpenWay’s WAY4 Platform
- 8 years 1 month ago
- Payments
Alfa-Bank Belarus, part of the Alfa-Bank Group valued at $44 billion in total assets, has completed its migration to the WAY4 platform by OpenWay, a top-ranked digital payment software provider. Well-known in Eastern Europe for its digital banking approach, Alfa-Bank migrated its payment cards and online services to an on-premise WAY4 solution to cut operational expenses and time-to-market, and promote innovation.
Countingup reaches 1,000 customer milestone in two months with PrePay Solutions
- 8 years 1 month ago
- Banking
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, is delighted to share in the success of its customer Countingup, which has reached 1,000 customers just two months after officially launching in April 2018.
The West receives over $1.5 trillion in remittances over last decade, finds Xpress Money
- 8 years 1 month ago
- Banking, Data
One in every four dollars sent via remittances in 2017 was received in Europe Remittances have provided a $50bn economic boost to the UK since 2008
Traditional banks consider ways to reach customers left behind by the digital shift
- 8 years 1 month ago
- Banking
Banks must seek an alternative to branch closures, as only 23 per cent of rural residents are using mobile banking, according to the FCA. The FCA surveyed 13,000 people and found that only 23 per cent of rural residents use mobile banking and 54 per cent use internet banking, compared to the 45 per cent and 78 per cent respectively in urban areas.
Commerzbank joins Enterprise Ethereum Alliance
- 8 years 1 month ago
- Blockchain, Banking
The Alliance is a global blockchain consortium for cross-industry cooperation Commerzbank has already carried out several pilot transactions based on blockchain
BNP Paribas Asset Management selects Link Asset Services as debt servicer for new SME Alternative Financing platform
- 8 years 1 month ago
- Transaction Banking, Asset Management, Investment Management
BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform. The SME Alternative Financing platform, currently operational in the UK, will invest through direct loans to finance ambitious projects for SME companies, complementing lending by domestic commercial banks to finance their growth. The platform has already successfully closed its first loan in the UK.
Databarracks warns to be prepared for 'partial failure' in IT infrastructure
- 8 years 1 month ago
- Security
Visa’s letter to the Treasury Select Committee, documenting details behind the recent outage which left millions of people unable to complete card transactions, reinforces a critical challenge that organisations face when exposed to a ‘partial failure’ of IT infrastructure. This is according to Peter Groucutt, managing director of Databarracks.
Nets enters into partnership with OP’s Pivo Mobile Wallet
- 8 years 1 month ago
- Payments
21st June 2018 - OP Financial Group’s Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both in-store and online. Pivo users will also have access to a new e-receipt functionality within the app.
2Checkout’s 2018 Digital Commerce Benchmark Reflects Continuous Upward Trend for Subscription-Based Sales and Regional Variations in Payments Preferences
- 8 years 1 month ago
- Payments
Report data reflects the continuous dominance of subscriptions, currently at 76% of transactions. Local payment methods prevalent in several markets around the world.
One individual fined every week for misconduct
- 8 years 1 month ago
- Data
Corlytics puts global conduct of business under the microscope · On average, at least one individual has been fined for misconduct every week for the last six years · Disclosure and communications are the major root cause of misconduct penalties making up 40% of the number of fines, and 77% of value of fines over last six years · Weekly fines given to individuals for misconduct are set to further increase as more regulations...
