Singaporean venture capital firm Infocomm Investments celebrates its launch in London, extending its US$200 million fund to European tech startups.
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Backbase, the omni-channel digital banking specialist, announced that their client, PostFinance, has successfully launched their new online banking platform based on Backbase technology. PostFinance is one of the largest banks in Switzerland and is recognized as the most innovative and dedicated to providing a superior customer experience.
British businesses have paid out more than £878,000 over the last three years due to hackers successfully accessing cardholder data according to figures from Worldpay, the UK’s leader in payment processing.
Small businesses are the worst hit. Of those companies whose customer card data was hacked in 2013, 61% were small companies. Businesses in the electrical, hardware, and automotive industries have had more card data security breaches than any other, followed by pharmaceuticals, cosmetics, and clothing retailers.
Xignite, Inc., the premier market data cloud services provider, has announced that Fairmat SRL, of Verona, Italy, is powering its web-based financial risk service with Xignite market data. The web-based service provides on-demand, pay-as you-go analytics for users lacking financial modeling skills, as well as those requiring infrequent risk and pricing analysis.
Viewpointe®, a leading managed service and payments provider to regulated industries, has announced that three executives will be featured speakers during the 59th Annual ARMA International Conference, to be held October 26-28, 2014, in San Diego, California, at the San Diego Convention Center.
IFINTEC Finance Technologies Conference and Exhibition will be held on 14-16 April 2015 in Istanbul, Turkey at Istanbul Congress Center which is the biggest convention center in Turkey. IFINTEC is a dedicated conference focusing on technology solutions for finance industry. IFINTEC Conference serves a perfect platform to introduce and demonstrate platform, system, hardware, software, consultancy, training, security and service solutions.
MasterCard will demonstrate its newest digital innovations including MasterPass, MasterCard Digital Enablement System (MDES) and wearable technology during a press event at the grand opening of its new technology hub in New York City. MasterCard will also showcase its MDES tokenization service enabling Apple Pay. The global payments and technology company houses emerging payments teams in the heart of the technology community in the Flatiron District.
MasterCard is bringing contactless acceptance to ballpark food and beverage concessions at the 2014 World Series through a partnership with mobile technology leader MLB Advanced Media, enabling fans to make payments using a variety of NFC-enabled devices and services, including the newly introduced Apple Pay. These two ballparks will be the first professional sports facilities to accept Apple Pay, when it debuts for fans attending Game One of the World Series in Kansas City tomorrow.
As the dust settles on the main part of the EU’s transition to T+2, the DTCC’s recent announcement that they have formed a steering committee to oversee the US market move to T+2 has shifted the focus across the pond. The EU move appears, by many accounts, to have gone smoothly. But under the hood many firms are bearing additional operational costs, providing tactical solutions to keep the settlement process on track.
Encap Security, the first in-app authentication solution to arm banks, retailers and other financial services providers with impervious security and a simple, positive user experience, has integrated Apple’s Touch ID fingerprint technology into its Smarter Authentication platform.