V-Key, a global leader in software-based digital security, announced the appointment of Tony Chew to the position of Chief Security Architect. Tony will spearhead V-Key’s engagement with banking regulators and financial institutions in Asia.
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The emergence of blockchain-based applications is driving substantial investment in IoT-oriented projects. ABI Research finds there to be great promise for the technology to alter and transform established industries beyond fintech. In addition to transactions, blockchain technology can also be used for communication, identification, ownership, and device management. With continued architecture improvements, blockchain technology is expanding into smart contracts that both people and machines can be leverage.
CACEIS has signed an investment agreement intended to develop a post-market Blockchain infrastructure for the SME segment in Europe.
Visa Inc., today announced it will help its financial institution partners create customized digital card management experiences for their customers. As the Internet of Things (IoT) grows, consumers put their card on file and implement recurring payments in more places.
Senjō Group, a leading privately-held payments platform operator and FinTech investor headquartered in Singapore, has successfully obtained a Payment Institution (PI) license in Lithuania. The company received permission from the Bank of Lithuania to acquire Lithuanian payment institution Finolita Unio. In doing so, the innovative global investor has gained enhanced access to the European payments system via Lithuania.
FinTP is a versatile open source solution for flow automation and seamless integration between various internal systems/applications and external market infrastructures or networks, providing operators with relevant information in a one-window approach (acting like a financial middleware), which allows banks to focus less on their internal processes, and more on designing attractive client-oriented services and products.
Fintech start-up APEXX has appointed ex-WorldPay exec Toreson Lloyd as its Sales Director. Lloyd brings more than seven years experience in the payments industry, as an acquiring specialist and enterprise customer account manager.
National Settlement Depository (NSD), Russia’s central securities depository, has completed development of the e-voting platform. The new service will be used for the first time at Sberbank’s annual general meeting of shareholders summing up the 2016 results. The e-voting platform is a universal voting mechanism. It enables security holders not only to remotely participate in shareholder meetings held via either joint presence but also to vote at AGMs held in absentia.
Enterprising, global digital-only bank, iam bank (iam), which launches in September 2017, will roll out free learning and therapy-based financial workshops across the UK and USA to educate and empower consumers around their financial decisions; a move which is the first of its kind.
OCC, (Options Clearing Corporation) the world's largest equity derivatives clearing organization, and EquiLend Clearing Services (ECS), the global securities finance trading platform and technology provider, have joined forces to bring greater access to central counterparty clearing in the securities finance marketplace.