FIS Embeds Financial Institutions in Digital Payments with PayPal Partnership
- 9 years 9 months ago
- Payments
FIS™ (NYSE: FIS), a global leader in financial services technology, and PayPal (NASDAQ: PYPL) have partnered to increase customer engagement and drive incremental digital spend with FIS’ banking partners.
Avelacom expands its pan-European 100G fiber network to support demand for low latency data flow
- 9 years 9 months ago
- Trading Systems
Avelacom has completed a new segment of DWDM network, designed to be the lowest latency route between London – Moscow. The project includes deploying 900 km of terrestrial fibre and three new points of presence (PoPs) across Europe: in Amsterdam, Bremen and Helsinki. The backbone is connected to Cinia’s C-Lion cable in the Baltic sea and Avelacom’s fiber network in Russia. The latest update helps to achieve sub-35 millisecond latency (round-trip...
DVLA selects Target Group following award winning year
- 9 years 9 months ago
- Payments
Target Group, the financial services outsourcing and software provider is delighted to announce the signing of a new two year contract with the DVLA for their award winning payments system.
Bitwage Wins French Tech Ticket
- 9 years 9 months ago
- FinTech StartUps, IT Innovations
Bitwage, a Silicon Valley start-up launched in May of 2014, announced that the company has won a French Tech Ticket competition. The company will be further granted with €57,000 from BPI France, a large public investment bank owned by French government.
NuData Security signs agreement with Arvato Financial Solutions
- 9 years 9 months ago
- Security, Fraud Detection, Security
Arvato Financial Solutions, a leading global financial services provider, today announced an agreement with NuData Security, an award-winning international expert in passive behavioural biometrics, to join forces. The partnership will enable clients to focus on good customer experience, balancing complex fraud mitigation strategies in compliance with local data protection regulation.
Citi becomes an angel for Cobalt DL
- 9 years 9 months ago
- Blockchain, FX Contracts, FinTech StartUps, Risk Management
Cobalt DL, the FX post-trade processing network based on distributed ledger technology, today announced that Citi has become an investor and one of the launch clients for their Cobalt FX post trade solution. Cobalt DL has commenced beta testing with a number of leading FX participants on its private peer-to-peer network that uses distributed ledger technology to significantly reduce risk and cut post-trade costs by up to 80%. Cobalt DL’s FX...
EverCompliant Raises $9.5 Million Series A to Continue Preventing Transaction Laundering
- 9 years 9 months ago
- AML and KYC
EverCompliant, the cyber intelligence company, pioneer and industry leader of transaction laundering detection and prevention, announced today the completion of a $9.5 million Series A funding round. The round was led by Arbor Ventures and included existing investors Carmel Ventures, StarFarm Ventures and Nyca Partners. With this investment, Melissa Guzy of Arbor Ventures has joined the Board of Directors of EverCompliant.
Credicorp joins R3 consortium
- 9 years 9 months ago
- Blockchain
Financial innovation firm R3 has announced Credicorp as the first Spanish-speaking Latin American financial institution to join its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets.
Markit FRTB Studio performs capital calculations for a million trades in seconds
- 9 years 9 months ago
- Trading Systems
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Markit FRTB Studio, an aggregation and capital analytics engine, has processed a portfolio of one million trades in single digit seconds on a European bank’s Hadoop infrastructure as part of a successful proof-of-concept. This high-speed performance enables banks to understand the capital implications of business decisions in near...
China UnionPay qualifies FIME's Savvi
- 9 years 9 months ago
- Payments
FIME’s chip payment test platform Savvi – used by acquirers, processors and merchants globally for terminal integration testing – now supports China UnionPay (UnionPay) certification. The new certification process requires merchants and acquirers to confirm that a terminal meets UnionPay’s credit and debit card standards and will successfully integrate with the payment infrastructure.
Mahindra Comviva rolls out cloud based comprehensive digital payment solutions
- 9 years 9 months ago
- Payments
Mahindra Comviva, the global leader in providing mobility solutions, today announced that its comprehensive digital payment solutions mobiquity® Wallet and payPLUS are now available on the cloud.
Sogexia unveils a new 100% digital online bank
- 9 years 9 months ago
- Banking, Online Banking
Open online in less than 5 minutes No conditions or hidden fees In partnership with BNP Paribas for the sequestration of funds The solution consists of a web and mobile online account to cash and withdraw money, process transfers and receive withdrawals, up to 4 MasterCard cards with optional travel insurance to settle expenses and make withdrawals, as well as a range of additional services to save money and better manage its budget.
Broadridge opens new office in Singapore
- 9 years 9 months ago
- Data
Broadridge Financial Solutions, Inc. (NYSE: BR), a provider of technology and operations, communications , data and analytics solutions for financial services firms, has significantly expanded its on-the-ground presence in the region, affirming its commitment to the Asian market.
Isle of Man named FinTech Region of the Year
- 9 years 9 months ago
- FinTech StartUps, IT Innovations
E-Business publication, FinTech Finance, has recognised the Isle of Man as FinTech Region of the Year in its 2016 awards. Presented at a ceremony in London on the 8th December, the award identified the Isle of Man for its quality of professional services, regulation and level of investment in the sector. The Isle of Man fought off the other finalists, Malaysia and Northern Ireland, to secure the accolade. Laurence Skelly MHK, Minister for the...
OpenLink Positioned in Leaders Quadrant of 2016 Gartner Magic Quadrant for Trading Platforms
- 9 years 9 months ago
- Trading Systems
OpenLink, the global leader in trading, treasury and risk management solutions for the financial services, corporate, energy and commodities industries, has been positioned as a Leader in Gartner’s November 2016 Magic Quadrant for Trading Platforms for the third consecutive year. Compared to 2015, Gartner’s analysts have placed OpenLink even further along the ‘Completeness of Vision’ axis.
