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WEX Gets Electronic Money Institute License

WEX Inc., a leading provider of corporate payment solutions, today announced its European office has secured an Electronic Money Institute (EMI) license by the Financial Conduct Authority (FCA) and, as a result, is now a principal member of Mastercard.

Thursday, August 31, 2017 - 07:55
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Mining Rigs from Hminers Offering up to 650 TH/s Hash Power for Bitcoin Mining

Hminers ( www.hminers.com ) looks all set to script an unprecedented success story in the worldwide industry for cryptocurrencies. The company's three mining rigs are quickly emerging as the most preferred option amongst thousands of bitcoin miners around the world.

Thursday, August 31, 2017 - 07:50
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Chinese Tourists Can Now Use Alipay at 10,000 Merchants Across South Africa

Starting today, Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world's largest online and mobile payment platform, operated by Ant Financial Services Group ("Ant Financial", "Ant"), partners with Zapper, the fast-growing mobile payment, customer insights and digital marketing platform developed in South Africa.

Thursday, August 31, 2017 - 07:40
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Comment: Credit Card Providers Targeting Vulnerable Customers

Today’s findings from the Citizen’s Advice Bureau – that credit card companies are targeting customers struggling with debt, with one in five seeing their credit limit automatically increased – is wholly unacceptable. Debt, when unmanaged, can be a deeply stressful issue, weighing on people’s minds and impacting all aspects of their lives – from work, to family life and relationships.

Clearly there is more to be done by financial institutions to ensure their customers are equipped with the tools to successfully manage their money.

Wednesday, August 30, 2017 - 12:42
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Emirates NBD's AI banking robot learns Arabic

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers. 

Wednesday, August 30, 2017 - 11:30
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Mobile Banking is Shifting Gears with PDS2

Mobile devices are the backbone of digital transformation, enabling new innovations such as smart cities and connected cars.

But they are also the backbone of disruption in the digital banking world. They can transform a bank from a distant place you go to occasionally, when you need something in particular, to a trusted partner who is always there, within reach, ready to help.

In the European banking industry, mobile devices are about to bring a major shift. And many actors in the financial sector are underestimating the drastic changes that are under way.

Wednesday, August 30, 2017 - 09:40
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PEEL HUNT SELECTS TORSTONE TECHNOLOGY’S MIFIR SOLUTION

Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces that Peel Hunt, the leading independent corporate broking, advisory and trading house has selected Torstone’s InfernoRC module in order to comply with the transaction reporting obligations of the Markets in Financial Instruments Directive (MiFID II) and its accompanying Regulation (MiFIR). 

The news follows Torstone Technology’s announcement in March this year that it began live testing the new InfernoRCmodule with its clients. 

Wednesday, August 30, 2017 - 09:27
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Blockchain Hub Launched in Israel

The Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL are launching Alignment, a blockchain Hub that will consult, develop and fund blockchain early-stage projects and existing companies, from inception through ICO, and beyond.

The firm’s clientele includes Bancor which raised a $153M ICO, STOX, which raised a $33M ICO, and KIK, who’s ICO is planned for September 2017.

Wednesday, August 30, 2017 - 09:16
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Plynk Partners with Jumio to Power ID Verification for European Expansion

Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), today announced a partnership with Plynk, Europe’s first money messaging app, to accurately verify users who are loading money onto their Plynk accounts for instant person-to-person payments.

Wednesday, August 30, 2017 - 09:13
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Object Matrix and Spectra Logic Launch Integrated Storage Solution

Object Matrix and Spectra Logic have announced an integrated and holistic storage solution across multiple storage tiers, whilst ensuring the security and integrity of the content within storage.

The joint solution combines Object Matrix’s Digital Content Governance Platform, MatrixStore with the Spectra® BlackPearl® Converged Storage System.

Wednesday, August 30, 2017 - 09:08
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