Fexco and Volksbank Team Up for DCC Payment Platform
- 9 years 2 weeks ago
- Payments, Infrastructure
Fexco – a independent global provider of Dynamic Currency Conversion and Multi-Currency Pricing (MCP) technologies and Germany’s First Cash Solution, a wholly owned subsidiary of Volksbank Offenburg eG, have announced a collaboration which will see FEXCO’s world class DCC solution provided to over 14,000 merchants throughout Germany. The announcement was made during the Enterprise Ireland Trade and Investment Mission to Netherlands and Germany...
‘Key Management Compliance – Explained’ by Cryptomathic
- 9 years 2 weeks ago
- Management, Compliance
e-security solutions provider, Cryptomathic, has published a free to download white paper which offers advice and guidance to banks and other organisations with large amounts of sensitive data, on how to achieve and sustain cryptographic key management compliance in a cost-effective manner.
Optiver Signed a Multi-year Deal to Use Torstone’s Sub-ledger System
- 9 years 2 weeks ago
- Security
Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announces that Optiver, the global electronic market maker, has signed a multi-year deal to use Torstone’s sub-ledger system, Inferno SL, to provide a consolidated balance sheet and perform reconciliations with clearing banks.
Thomson Reuters' Trading Volumes Go Up in 2015
- 9 years 2 weeks ago
Thomson Reuters FX dealer-to-client venue saw a surge in options trading volumes of 166 percent in 2015 compared with the previous year. In particular the fourth quarter of 2015 saw record-high monthly, weekly and daily volumes with over 36 global and local active options price-makers and more than 225 active options price-takers now on Thomson Reuters FX platform.
FSS Announced Agreement with Montran Corporation
- 9 years 2 weeks ago
- Payments, Banking
This agreement with Montran will now enable FSS to provide customized solutions that will address the Wholesale Payments needs of the Banking industry in the country. FSS has spearheaded the growth of retail & whole sale payments in India by serving banks, financial institutions, merchants, governments and other verticals through a rich portfolio of payments products and services.
André Casterman Joins to Treasury Peer's Talent Show Team as Advisory Board
- 9 years 2 weeks ago
- People Moves
Trade, supply chain and payment veteran André Casterman, former managing director of corporate and supply chain markets at SWIFT, is now a board member of the corporate driven Talent Show – Supply Chain Finance.
Mambu to Raise €8 Million in Funding
- 9 years 2 weeks ago
- Banking, SaaS, Infrastructure
Mambu, the SaaS banking platform provider, today announced it has raised €8 Million in their latest funding round led by Acton Capital Partners and CommerzVentures with participation also coming from existing investors. This latest funding will be used to continue building on Mambu’s global momentum and successes, with the company achieving over three times year-over-year growth and recording several significant milestones over the last 12...
IFM 2015 Awards Presented to Noor Bank
- 9 years 2 weeks ago
- Banking, Islamic Finance
London-based International Finance Magazine presented the 2015 awards for 'Best Rebranded Credit Card', 'Best Islamic Auto Finance Provider' and 'Best Islamic Personal Finance Provider' in UAE to Noor Bank at a gala ceremony in the Landmark Hotel inLondon on November 27, 2015.
Apple Pay is Available for Cardinal Bank Customers
- 9 years 2 weeks ago
- Payments, Mobile Banking
Cardinal Bank announced today its consumer and business clients will now have access to make purchases with Apple Pay using their Cardinal Bank debit and credit cards. This new service transforms mobile payments with an easy, secure and private way to pay for purchases.
PayPal and Facebook to Invest in European Fintech Company
- 9 years 2 weeks ago
- Investment, FinTech StartUps
Peter Thiel, the fintech pioneer, Paypal co-founder and first outside investor in facebook, has made an investment in Hamburg-based Deposit Solutions GmbH, the first open architecture platform for retail deposits inEurope. His investment is an add-on to the September growth financing round led by FinLab AG, a leading German fintech investor. In total, EUR 6.5 million have been raised in this round.
Maybank to Release Contactless Wristbands
- 9 years 2 weeks ago
- Payments, IT Innovations, Infrastructure
Customers of Malaysia's Maybank can now make payments with a wave of the wrist using NFC wristbands developed by the bank in association with Visa. The smart wrist band uses Visa's PayWave technology to enable contactless payments at more than 1000 locations across the country. The Maybank PayBands follow the PayWave microtags previously issued by the bank for customers to stick to their mobile phones for contactless payments. Visa expects the...
Millennium Trust Releases Comprehensive Custody Solutions
- 9 years 2 weeks ago
- Securities Services
Millennium Trust Company announced today the launch of the Millennium Alternative Investment Network ™ (MAIN), a centralized online service dedicated to simplifying the custody of alternative investments.
MasterCard Appoints Tara Nathan as Executive Vice President, Public-Private Partnerships
- 9 years 2 weeks ago
- People Moves
MasterCard today announced the promotion of Tara Nathan to executive vice president of Public-Private Partnerships. Nathan’s appointment comes as Ed Brandt, who has led the company’s Government Services and Solutions group since April 2012, announced his retirement after 10 years at MasterCard.
MasterCard and Coin Announce Partnership to Boost Wearable Payments
- 9 years 2 weeks ago
- Payments
MasterCard today announced a partnership with Coin to bring MasterCard payments to a wide array of fitness bands, smart watches and other wearable devices. This collaboration builds upon the MasterCard announcement in October introducing the Commerce for Every Device program to enable any consumer gadget, accessory or wearable to become a payment device.
PFS Announces Extend of its Banking Solution Across Europe
- 9 years 2 weeks ago
- Infrastructure
Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid card issuing and providing banking services via its in-house technology platform, today announced that it has extended its banking solution across the Eurozone. PFS was one of the first e-money institutions in the UK to launch a 'Bank Lite' solution by assigning sort codes and account numbers to general purpose prepaid card accounts and has now expanded...