IHS Technology Analysis: Apple Invested $1 billion in Didi
- 8 years 8 months ago
- Investment
IHS Technology Analysis: For Apple, the investment in Didi highlights the strategic importance of China and the services segment for Apple’s future strategy. The past quarter’s results show that Apple’s iPhone business is slowing and expansion in China had been one of its main growth drivers in recent years. As its hardware business has slowed, Apple has been keen to drive growth in its services revenues. This move shows how Apple is...
Green Dot Corporation Releases New Online Marketplace
- 8 years 8 months ago
- Alternative Finance, microfinance
Green Dot Corporation launches Green Dot Money, an online marketplace that seeks to match low and moderate income consumers with a curated set of lending partners that specialize in serving low and moderate income Americans. The loans are made by third party lenders who are members of the marketplace. Green Dot does not use its balance sheet to fund the loans nor does it assume any risk of non-repayment.
Americans Put High Value on Their Identity & Payment Information
- 8 years 8 months ago
- Payments, Security
Just how much do Americans want to shield their data? Sticks and stones may break their bones but they’d rather have that (18 percent) than get their identity and payment information stolen.
Clarity Services Launches Compliance Solutions for Utah Lenders
- 8 years 8 months ago
- Security and Compliance, Compliance
As the leading real-time credit bureau for the non-prime market, Clarity Services is prepared to offer a variety of solutions to assist online and storefront lenders with the compliance requirements found in Utah’s current regulations as well as the Deferred Deposit Lending Amendment (Utah Code § 7-23-401) that will become law on July 1, 2016.
MidFirst Bank Appoints David G. Goodall as Senior Executive Vice President and Chief Commercial Banking Officer
- 8 years 8 months ago
- Private Banking, People Moves
MidFirst Bank announces David G. Goodall as Senior Executive Vice President and Chief Commercial Banking Officer. Goodall joined MidFirst on May 4 and will be based at its corporate headquarters in Oklahoma City. David will lead the Commercial Banking and Private Banking groups across theOklahoma, Arizona and Colorado markets. Goodall brings 30 years of financial industry experience and leadership to the MidFirst team, having most recently...
BPC Banking Technologies to Run First Unified Payment System for Ethiopia
- 8 years 8 months ago
- Payments
BPC Banking Technologies, a world leading provider of payment solutions, announces the launch of the national payment system of Ethiopia, EthSwitch S.C. based on SmartVista. As of today for the first time, all 17 of the countries retail banks are connected together via the unified payment system. EthSwitch was formed by all the banks in Ethiopia, and with the backing of the Ethiopian Bankers’ Association and the country’s central bank known as...
Linedata Teams Up with Sycamore to Boost Hedge Fund Community in China
- 8 years 8 months ago
- Fund Management
Linedata partnered with Sycamore Investment Services in Shanghai, to provide a complete front to middle-office service to the hedge fund community in China. The partnership will provide Sycamore’s middle office outsourcing services alongside Linedata’s flagship hedge fund management offering, Linedata Global Hedge. This will create a full service for hedge fund clients in China, in particular allowing those firms without complete fund operations...
SmartStream Launches SmartLabs Innovation Centre and TLM SmartRecs OnDemand Solution
- 8 years 8 months ago
- IT Innovations, Infrastructure
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) specialist, today announced the launch of its SmartLabs innovation centre, and the release of its first solution TLM SmartRecs OnDemand.
Questrade Adopts Broadridge's End-to-end Foreign Exchange and Liquidity Solution
- 8 years 8 months ago
- Trading Systems, Foreign Exchange
Broadridge announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge's end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).
Sonovate Pointed to Softer Growth of Demand for Contract & Permanent Hires in UK FinTech Sphere
- 8 years 8 months ago
- FinTech StartUps, IT Innovations, People Moves
Demand for contract and permanent hires is increasing rapidly among UK fintech companies, according to new research from recruitment finance provider, Sonovate. Job advertisements for contract roles increased by 64 percent quarter-on-quarter (QoQ) and individual roles have become highly sought after. Roles are being advertised at an average day rate of £430.
FIME Achieves Accreditation to Test Smartphones to Latest EMVCo Interoperability & Performance
- 8 years 8 months ago
- Payments, Infrastructure
Following the inclusion of mobile payments performance and interoperability requirements in the latest EMVCo Specifications, FIME’s international network of laboratories is now accredited to confirm compliance of mobile devices. The specifications address three main areas for mobile devices designed to perform mobile contactless transactions: - Level 1 digital and analog testing to verify the RF signal and protocol exchanges between the...
SaleMove Brings the Valuable Personal Interaction to Intelliflo’s PFP
- 8 years 8 months ago
- IT Innovations, Infrastructure
This summer advisers using Intelliflo’s Personal Finance Portal (PFP) will have the option to interact digitally with their clients via virtual face-to-face meetings, thanks to an integration with SaleMove. This will allow them to securely share and view documents and other information in PFP, safe in the knowledge that all ‘conversations’ are automatically recorded against the client record in Intelligent Office (iO).
Barri and TransferTo Team Up to Boost Mobile Money Transfers in El Salvador
- 8 years 8 months ago
- Transaction Banking, Payments, Mobile Banking
Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador. For the first time, Barri customers in the US will be able to send Mobile Money to friends and family living in El Salvador within seconds.
Sibos 2016 Geneva Will be Opened by Chairman of the Swiss National Bank
- 8 years 8 months ago
- Banking, FinTech StartUps, IT Innovations, Infrastructure
Sibos announces that Thomas J. Jordan, Chairman of the Governing Board of the Swiss National Bank, the central bank of Switzerland, will give the opening address at Sibos 2016 in Geneva.
Fiserv Releases Prologue Financials for Accounting Processes
- 8 years 8 months ago
- Accounting, Infrastructure
Fiserv announced the availability of Prologue™ Financials. The fully updated accounting suite features enhanced, built-in automation and controls and a newly designed user interface, enabling users to increase the efficiency of financial accounting processes.
