Today Cardtek, an advanced international payment solutions provider, is delighted to announce its partnership with Emcredit, a subsidiary of the Dubai Economic Department (DED). The purpose is to launch the secure mobile payment platform, emPAY, offering United Arab Emirates residents a national mobile wallet solution.

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has acquired the Interactive Data Managed Solutions business (IDMS) from Intercontinental Exchange (NYSE:ICE). With a client base of more than 700 financial institutions across Europe and the United States, IDMS is a leading managed solutions and portal provider helping clients adapt to the wealth industry’s digital transformation.

Today WEX Inc., a major provider of corporate payment solutions, reported that it will begin issuing virtual credit cards in Singapore, expanding its program in the Asian region that currently includes Hong Kong and Thailand.

Today, fscom, an award winning financial services compliance consultancy firm, launched its refreshed brand, unveiling a suite of new logos and branding that is aligned with the evolving financial services market.

The continued growth in FinTech companies represents a major shift in the financial services sector. While these organisations fall under the same regulatory rules as the market incumbents, their needs and the way they operate differ dramatically. The refreshed fscom brand reflects the company’s more personalised, collaborative focus.

Financial IT interviews Ricardo Belmar, Strategic Product Marketing Executive of InfoVista

Avangate, the global eCommerce and subscription billing platform for software, SaaS, and digital solutions, announces its acquisition of 2Checkout, a global payment processor.  The combined company will offer the industry’s most comprehensive product and service suite in the subscription billing and eCommerce space, linking payment model flexibility with advanced eCommerce, recurring revenue management, and marketing capabilities on a global level.

The two companies bring complementary strengths and capabilities, combining to create a comprehensive offering that features:

We focus on the digital transformations of banks and get a lot of questions about the latest trends in technology. One question that keeps popping up: Where is the greatest potential for chatbots in banking?

The Financial Conduct Authority (FCA) is today proposing new rules to help customers who are in persistent credit card debt.

This follows the FCA’s study of the UK credit card market, which found significant concerns about the scale, extent and nature of problem credit card debt.