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Western Union Unveils Mobile Money Transfer App in Canada

The Western Union Company (NYSE: WU), a leader in global payments, today announced the launch of its mobile platform in Canada for domestic and cross-border money transfers, available for iOS and Android.

The new app allows users instant, anytime, anywhere access to Western Union’s sophisticated physical and digital money transfer infrastructure, allowing them to send money to nearly every corner of the world in just a few clicks.

Monday, October 3, 2016 - 13:37
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Samsung and SAP Open Research Center for Next-generation In-memory Platform

Samsung Electronics and SAP SE, today held the opening ceremony for a joint research center where engineers will conduct R&D for memory solutions to be used in next-generation in-memory computing. The ceremony was held at Samsung Electronics’ Hwaseong campus in South Korea with Dr. Young-Hyun Jun, President of Samsung Electronics’ Memory Business and Adaire Fox-Martin, President, SAP Asia Pacific Japan participating, as well as other executives from both companies.

Monday, October 3, 2016 - 13:31
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BlackLine Appoints Cloud Software Veteran as its Chief Customer Officer
Monday, October 3, 2016 - 13:06
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PDQ Enterprises Names Don Ross as CEO

PDQ Enterprises, operator of a U.S. equity trading platform that utilizes a patented on-demand auction trading process, announced today that the Board of Managers appointed Donald Ross, III, as CEO. Don Ross will succeed D. Keith Ross, Jr., whom the Board elevated to executive chairman. As chief strategy officer, Don Ross headed PDQ Enterprises’ research and development division where for the last two years he oversaw the creation of an advanced liquidity analytics and execution platform for institutional clients.

Monday, October 3, 2016 - 12:43
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TMD Security’s Card Protection Plate Protects from ATM ‘Deep Insert’ Skimming

TMD Security, the global leader in anti-skimming for ATMs and SSTs, announced today that its patented Card Protection Plate (CPP) is actively protecting cardholders from ‘deep insert’ skimming, a new type of skimming attack that is spreading fast from Europe to North America and Asia Pacific.

Monday, October 3, 2016 - 12:02
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Will Banks Ever Be Successful in Mobile Payments / Financial Services

Abstract – This article is only meant for discussion and healthy arguments, its not a conclusion by any means this is just an assumption and current picture focused on African & few other markets. Today payment industry can be compared with either payment war, payment jungle or even just payment storm. On the other hand how Mobile Financial Services have brought FinClusion (financial inclusion) to millions of people that have no access to traditional methods of banking.

Monday, October 3, 2016 - 11:53
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Major European Bank selects Temenos UniversalSuite

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that a major European bank has selected UniversalSuite, its front-to-back solution for retail, commercial and corporate banking.

Monday, October 3, 2016 - 11:01
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Financial IT
Prime of Prime Brokerage, Stater Global Markets is Formed

Ramy Soliman has been appointed CEO of new London-based Prime of Prime Brokerage, Stater Global Markets. Ramy is a well-known industry figure, with over a decade of experience in senior sales roles at Citi, IG and Integral.

Backed by Stater Holdings in New Zealand, Stater Global Markets offers clients institutional access to the FX market. The FCA-regulated brokerage launches with direct access to top tier bank and non-bank liquidity, market leading technology solutions and world-class infrastructure.

Monday, October 3, 2016 - 10:28
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UK Banks Have Most to Lose

Of all parties, UK banks have the most to lose and also potentially to gain as a result of Theresa May's Article 50 trigger announcement. 

On the one hand, they have over a year's worth of PSD2 compliance to get ready for. On the other, although Theresa May has stated that initially all EU laws will be converted to UK versions and then slowly adapted or removed, they may decide to lobby against being made to completely overhaul their infrastructure to meet rules which, come March 2019, will no longer technically apply to them.

Monday, October 3, 2016 - 10:16
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Multifonds Delivers New Single Investment Accounting Platform for Great-West Life

Multifonds, the leader in single-platform, multi-jurisdictional investment fund software, has today announced the ‘go live’ of its partnership with The Great-West Life Assurance Company, a leading Canadian insurer, with over C$400 billion in assets under administration.

Monday, October 3, 2016 - 10:09
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