Capabilities being added in support of forthcoming MAS requirements which are scheduled to take effect in October 2018

GTR is the only trade reporting service in the world that supports regulatory reporting across the Asia-Pacific region for all five major OTC derivatives asset classes

The government has taken steps to bring the private sector under the IR35 rules. The proposal is now in the consulting department and if it gets implemented, the businesses that are engaging the individuals to offer their services through, the company would be responsible in deciding on whether the IR35 rule applies or not.

Qualified test tool and accredited evaluation testing services enable issuers in China and overseas to significantly accelerate time to market for EMV chip cards

Dr Peter Walz most recently worked on the management board of Vodafone Germany

Accelerated growth through increased focus on small and medium-sized enterprises

The former Managing Director of Retail Sales of Vodafone Germany, Dr Peter Walz, will assume the role of Chief Sales Officer (CSO) of Concardis Payment Group from 15 July 2018. With Walz, Group CEO Robert Hoffmann further extends the managerial team.

European Bank and Insurance Innovators to Benefit from Accelerated Monetization of Fintech Capabilities, Oracle and B-Hive Europe to collaborate on Fintech Innovation Program

 Oracle has chosen Brussels as a European gateway to roll out its Fintech Innovation Program to Europe. Oracle plans to dedicate additional European staff and resources to set up mutually monetizable relationships with fintechs and digital banking innovators. Oracle plans to work with B-Hive Europe to accelerate enterprise readiness for participating fintechs and banks. 

Webinar Scheduled for 3rd July 2018

Research highlights significant variation in processing arrangements across Europe and predicts banks will increasingly outsource payment processing in the future

Many acquirers still maintain an interface with card scheme networks

According to a new study by research and consulting firm RBR, Payment Cards Issuing and Acquiring Europe 2018, there is no common approach to merchant processing in Europe; agreements between card accepting outlets and merchant acquiring banks, for the settlement of card payments, vary widely.

KPMG surveyed 150 UK leaders and a further 1,150 CEOs from across the world about their future investment plans and the challenges and opportunities facing their companies.

With reports of cyber-attacks and breaches almost daily, 39 percent of UK CEOs surveyed believe they will be targeted by a cyber attack. Though disheartening, this view was quite optimistic in comparison to their global counterparts, where 49 percent said they envisioned a cyber attack on their business.

Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term strategic mutual distribution cooperation with Gjensidige in Norway. 

Gjensidige Bank is one of Norway’s leading online banks. The bank offers private individuals a suite of digital banking services, mortgages, car financing, unsecured loans and savings and investments distributed online and through a network of strong partners.

Even as we move towards a cashless society, ATMs still play an important role in the financial life of Brits across the country, and reduced access might have unpredictable consequences for a number of industries besides the financial services – such as retail and hospitality – as well as for consumers.