Barclaycard, which has helped make businesses successful for more than 50 years, is partnering with selected companies of the Travis Perkins Group to launch a new range of co-branded business credit cards. The rollout of the new cards kicks off with Travis Perkins and Toolstation this month.
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Temenos (SIX: TEMN), the banking software company, today announces the launch of Finn AI on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech providers and financial institutions.
Finn AI, which is working with financial institutions such as Bank of Montreal, provides banking customers with an AI-powered personal banking and financial management assistant. The solution, built solely for the financial services industry, benefits from deep banking domain knowledge and is available and running in multiple languages.
The Dubai Financial Services Authority (DFSA) today entered into a Memorandum of Understanding (MoU) with the Astana Financial Services Authority (AFSA).
The MoU was signed in the Dubai International Financial Centre (DIFC) by Mr Bryan Stirewalt, Managing Director, Supervision of the DFSA, and Mr Stephen Glynn, Chief Executive Officer, AFSA. The signing was also attended by Mr Waleed Saeed Al Awadhi, Chief Operating Officer at the DFSA.
Following the successful launch of a series of index strategies targeting themes related to disruptive technology and innovation, Solactive is introducing the Solactive Blockchain Technology & Hardware Index (the “Index”). The Index mirrors the performance of global companies focusing directly on blockchain innovation and development, as well as companies providing hardware and hardware-related services used in the process of mining, an essential part in supporting blockchain technologies.
At the FCA’s recent asset management conference, the regulator revealed that it will be undertaking a ‘diagnostic’ review of a range of organisations on the topic of research and inducements. With more than $1bn being spent on dealing commissions, the regulator indicated that it wants to be sure that such a vast sum is being spent wisely, and not wasted by investment firms.
Alfa-Bank Belarus, part of the Alfa-Bank Group valued at $44 billion in total assets, has completed its migration to the WAY4 platform by OpenWay, a top-ranked digital payment software provider. Well-known in Eastern Europe for its digital banking approach, Alfa-Bank migrated its payment cards and online services to an on-premise WAY4 solution to cut operational expenses and time-to-market, and promote innovation.
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, is delighted to share in the success of its customer Countingup, which has reached 1,000 customers just two months after officially launching in April 2018.
One in every four dollars sent via remittances in 2017 was received in Europe
Remittances have provided a $50bn economic boost to the UK since 2008
Banks must seek an alternative to branch closures, as only 23 per cent of rural residents are using mobile banking, according to the FCA. The FCA surveyed 13,000 people and found that only 23 per cent of rural residents use mobile banking and 54 per cent use internet banking, compared to the 45 per cent and 78 per cent respectively in urban areas.















