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Singapore's Senjō Announces Acquisition of Lithuanian Startup to Gain Access to EU Markets

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.

 

Monday, May 8, 2017 - 08:34
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/news/payments/singapores-senjo-announces-acquisition-lithuanian-startup-gain-access-eu-markets
Financial IT
FinTP

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.

Monday, May 8, 2017 - 08:33
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/products/security-compliance/fintp
Ex-WorldPay Exec Joins Fintech Payments Start-up Apexx

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. 

Monday, May 8, 2017 - 08:26
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/news/people-moves/ex-worldpay-exec-joins-fintech-payments-start-apexx
Financial IT
Sberbank AGM First to Use NSD E-voting Platform

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.

Monday, May 8, 2017 - 08:20
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/news/banking/sberbank-agm-first-use-nsd-e-voting-platform
Financial IT
Iam Bank to Start Professional Therapist at Finance Workshops

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.

Monday, May 8, 2017 - 07:56
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/news/banking/iam-bank-start-professional-therapist-finance-workshops
Financial IT
OCC and EquiLend Clearing Services Partners with CCP Securities Lending

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.

Monday, May 8, 2017 - 07:46
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/news/wholesale-banking/occ-and-equilend-clearing-services-partners-ccp-securities-lending
Financial IT
EBA Introduces Consultation Services on PSD2 Security Guidelines

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on security measures for operational and security risks under the revised Payment Services Directive (PSD2). 

The Guidelines have been developed in close cooperation with the European Central Bank (ECB), and are in support of the objectives of PSD2, such as strengthening the integrated payments market in the EU, mitigating the increased security risks arising from electronic payments, and promoting equal conditions for competition. The consultation runs until 7 August 2017.

Monday, May 8, 2017 - 07:40
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/news/banking/eba-introduces-consultation-services-psd2-security-guidelines
Financial IT
60 financial services companies have signed manifesto lobbying for changes to PSD2

Today, PPRO Group announced that the company is one of the 60 companies and associations operating on EU or global level in the financial and payments industry that have signed a manifesto to lobby the EU in regards to making changes to the current draft of the RTS of the PSD2.

Friday, May 5, 2017 - 14:40
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/news/compliance/60-financial-services-companies-have-signed-manifesto-lobbying-changes-psd2
Financial IT
Gemalto’s Secure Smart Chip to Be Integrated in the Samsung Galaxy S8 in Selected Markets

Gemalto (Euronext NL0000400653 GTO)'s embedded Secure Element (eSE) – a smart chip with a secure OS and applications – will soon be integrated into the recently launched Samsung Galaxy S8 in selected markets. It has been embedded in other Samsung smartphones including the Galaxy A series globally and the Galaxy C series in China.

Friday, May 5, 2017 - 13:49
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/news/security/gemaltos-secure-smart-chip-be-integrated-samsung-galaxy-s8-selected-markets
JHC Partners with Delta Financial Systems to Integrate SIPP Functionality

Wealth management fintech firm JHC Systems (JHC) has partnered with leading pensions and retirement administration technology provider, Delta Financial Systems (Delta FS) to offer a fully integrated SIPP solution to its JHC Figaro (Figaro) clients.

Friday, May 5, 2017 - 13:29
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/news/infrastructure/jhc-partners-delta-financial-systems-integrate-sipp-functionality

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