Pay4 picks EQ Global as payments processor
- 8 years 10 months ago
- Payments
Pay4, a leading finance provider to small and medium sized businesses in the UK, has partnered with EQ Global, to act as its global payments processor. Founded in 2013, Pay4 offers a revolving credit facility for growing UK businesses to pay for goods or services. Funding is accessed by settling supplier invoices via an online platform. In 2017, Pay4 has achieved quarterly growth in transactions of over 150%, establishing itself as a key...
Federal Reserve Appoints Dave Sapenaro as Payments Strategy Director
- 8 years 10 months ago
- People Moves
The Federal Reserve has named Dave Sapenaro as payments strategy director with responsibility for leading payment system improvement initiatives described in its "Strategies for Improving the U.S. Payment System" paper published in January 2015.
Xendpay Targets Migrants with Pay Day Initiative
- 8 years 10 months ago
- Payments
Xendpay, the world’s first free online money transfer service, has today announced the launch of its new Pay Day initiative, offering Zero transfer fees and removing payment transfer limits to users during the pay day period. The offer will run towards the end of the month around the pay day period, allowing customers to save even more money with Xendpay.
Mizuho Bank Employs IBM Watson to Fight Financial Crime
- 8 years 10 months ago
- Banking
Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) and IBM Japan, Ltd. (General Manager: Elly Keinan) today announced that Mizuho Bank begun to verify operations towards more advanced and efficient risk management by employing cognitive technology *1 to take measures against financial crimes such as terrorism financing that governments across the world urge financial institutions to regulate more severely.
Guatemalan Cooperative Network Selects Temenos for Core Replacement
- 8 years 10 months ago
- Payments
Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Federacion Nacional de Cooperativas de Ahorro y Credito (FENACOAC) has selected Temenos' RetailSuite to drive growth across their 25 cooperatives that operate under the brand MICOOPE. Temenos' award-winning core banking platform will enable digitalization and reduce the cost of operation, with its open and flexible technology, and its integrated...
Trax MiFIDII APA Approved by Financial Conduct Authority
- 8 years 10 months ago
- Compliance
Trax, a leading provider of regulatory reporting, trade matching and capital market data services, is among the first to be approved by the UK Financial Conduct Authority as an Approved Publication Arrangement (APA) for transparency and reporting services under the MiFID II regime.
OpenMarkets Boosts Back-office Capacity with Australian-first NRI Equities Processing Technology Implementation
- 8 years 10 months ago
- Foreign Exchange
Australia’s fastest-growing online stockbroker, OpenMarkets, today announced the successful upgrade of its back office technology to NRI Financial Solutions for Broker Dealers provided by the Nomura Research Institute (NRI), a leading global provider of system solutions and consulting services. The transition sees OpenMarkets become the first Australian broker to use NRI’s state-of-the-art and robust back-office solution for processing equity...
Chinese Tourists Can Now Use Alipay in all 242 Starbucks Across Malaysia
- 8 years 10 months ago
- Payments
Alipay, the world's largest online and mobile payment platform operated by Ant Financial Services Group ("Ant Financial", "Ant"), is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia. Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay. Alipay and Starbucks Malaysia are also launching a marketing campaign to celebrate the...
ULLINK and LUZ Partner To Deliver A Joint Buy-Side Solution
- 8 years 10 months ago
- Trading Systems
LUZ Soluções Financeiras (“LUZ”), a Brazilian supplier of financial technology founded in 1999 and active across Latin America, has partnered with ULLINK, the global provider of connectivity and electronic trading solutions, to provide turnkey solutions for clients of its front to back solutions. The new, extended trading platform will enable LUZ clients to connect to the Brazilian equities and exchange traded derivatives markets.
FinancialForce Further Strengthens Leadership Team with the Appointment of Gordy Brooks as Chief Financial Officer
- 8 years 10 months ago
- People Moves
FinancialForce, the leading Cloud ERP for the new services economy, today announced the appointment of Gordy Brooks as Chief Financial Officer. Brooks, former Citrix GetGo and Aerohive Networks CFO, will help guide the company’s aggressive growth strategy.
Aquila Capital acquires Danish wind farm
- 8 years 10 months ago
- M&A Deals
Aquila Capital has acquired a wind energy project in Denmark near Kappel on Lolland with an installed capacity of over 25 MW. With the acquisition, Aquila Capital’s transaction volume in the wind sector has now surpassed 1,000 MW.
Azimo Unveils Cash Pick-up in the Philippines in One Hour or Less
- 8 years 10 months ago
- Transaction Banking, Payments
Azimo, a digital disrupter of traditional money transfer services, extends its cash pick-up service enabling customers in the Philippines to collect money minutes after money transfer is made. In a revolutionary step for the Philippines market, Azimo's direct service ensures that money sent from any of its 22 send-countries across Europe, will get to recipients typically within just 1 hour and can be collected on any day that is convenient for...
Peer-to-peer lender TWINO Expands Operations in Russia with Second Originator
- 8 years 10 months ago
- P2P Lending
TWINO, one of Europe’s largest peer-to-peer (P2P) lending platforms, today announces that it is significantly expanding operations in Russia by adding new loans from its second Russian originator, onto its platform. The move is in response to high demand from both investors and borrowers.
DFSA and Naseba to co-host 2nd Fintech Summit
- 8 years 10 months ago
- FinTech StartUps
The Dubai Financial Services Authority (DFSA) will co-host the 2nd Fintech Summit with Naseba, a business facilitation company, on October 30 in Dubai, United Arab Emirates. The summit will provide a platform for the region's banking, financial services and insurance (BFSI) decision makers to source and evaluate the latest developments in FinTech.
FIS and Equifax Reveals OnlyID
- 8 years 10 months ago
- Security, Infrastructure
FIS, a global leader in financial services technology, and global information solutions company Equifax® have teamed up to improve consumer experiences by bringing new levels of convenience and security to consumers challenged with maintaining multiple usernames and passwords to protect themselves from financial fraud and identity theft.
