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Starling Teams Up With Moneybox To provide Smooth and Real-time Savings Services

Today Starling Bank and Moneybox revealed their partnership providing Starling Bank customers with seamless access to Moneybox’s suite of saving and investing tools. Starling is the first digital challenger to join the list of banks supported by Moneybox for their innovative round ups feature.

The service will be available to Starling customers as early as the end of April. The mobile bank’s customers will be able to link their Starling account to Moneybox, round up their purchases to the nearest pound and invest the spare change.

Friday, April 14, 2017 - 06:37
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Financial IT
Consumer Financial Protection Bureau Issues Proposal To Clarify Mortgage Data Rule

Today the Consumer Financial Protection Bureau (CFPB) proposed to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule. The changes proposed today would help financial institutions comply with the 2015 HMDA Final Rule by clarifying the information they are required to collect and report about their mortgage lending. 

Friday, April 14, 2017 - 06:15
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Financial IT
It Needs to Play Critical Role in Branch – Says 97% of Retailers

An overwhelming 97% of businesses see IT as a strategic asset when it comes to branch retailing, according to the latest research from Zynstra, an enterprise-grade IT software provider. Seven in 10 respondents said IT could enable them to meet future demands by helping to reduce operating costs, speed up roll-out of new stores, support new business opportunities and streamline IT management.

Thursday, April 13, 2017 - 15:02
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Mobifone Joins Forces with Fortumo to Launch Carrier Billing on Google Play

The Vietnamese mobile operator Mobifone and the mobile payments company Fortumo are today announcing the launch of carrier billing on Google Play.

Over 25 million Mobifone subscribers can now purchase apps and in-app content from the app store by charging payments to their phone bill.

Thursday, April 13, 2017 - 13:41
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Olivier Crespin to Become Chief Fintech Officer of Malaysian Bank CIMB
Malaysian bank CIMB

CIMB Group today announced the coming appointment of Olivier Crespin as the Chief FinTech Officer for its newly set-up unit, CIMB FinTech, which is a standalone unit that will actively explore new, innovative banking solutions.

Thursday, April 13, 2017 - 13:26
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FMS.next Alternative Finance platform Powered with More FinTech Functionality

Profile Software, an international financial solutions provider, today announced the latest upgrade in the FMS.next Alternative Finance platform, to offer enhanced capabilities for “Auto-investing” that further boost the marketplace lending processes.

Thursday, April 13, 2017 - 13:04
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B2 Payment Solutions Introduces Redesigned Website
B2 Payment Solutions

B2 Payment Solutions Inc. (B2), an organization providing products and services for the payment industry, announced today the launch of a newly-redesigned website. Whether organizations want to easily order products online via the new eCommerce site, learn more about electronic payments with eLearning modules, or easily access the customer portal to download updates on current products, B2’s new website now offers all of this in one place.

Thursday, April 13, 2017 - 12:44
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Three Rules for Banking Bots

Writing more and more about chatbots, robots and AI, I can see a day coming in the not too distant future where we won’t be able to tell the difference between the human and the machine.  That’s not scary science fiction, as it’s now almost science fact.  However, there is still a long way to go as demonstrated by IBM’s Watson Avatar.

Thursday, April 13, 2017 - 12:14
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Adyen Reveals 2016 Revenues of $727 Million, Growing 99% Year-Over-Year

Adyen, the technology company reinventing payments for the global economy, today disclosed 2016 revenue for the business surpassed $700 million, up from $365 million in 2015. The news follows Adyen’s previous disclosure that it processed $90 billion in transactions in 2016, a year-over-year increase of 80 percent. With $727 million in revenue and 500 employees at the end of 2016, Adyen is bringing in over $1.4 million in revenue per employee.

Thursday, April 13, 2017 - 12:04
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Hyperledger Project: Collaboration Pays Off

Recently, I wrote that smaller blockchain consortia are needed (see my Blog: Towards smaller and more focused blockchain consortia, 27 February 2017). The Hyperledger Project however may be the exception.

Thursday, April 13, 2017 - 11:48
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Financial IT

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