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Payroc and Ethos Sign Cryptocurrency Partnership

The Ethos Bedrock platform will be integrated with Payroc’s payment gateway platform, enabling a simple “Pay with Crypto” button to be placed on merchant websites, giving consumers the option of paying with cryptocurrency in addition to traditional payment forms. The companies made their partnership intentions known late last week during Digital Currency Con in Park City.

Tuesday, July 17, 2018 - 10:13
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YUKKA Lab recognised by Kickstart Accelerator 2018

Out of 900 applications from 64 countries 60 startups were invited to pitch for Swiss Kickstart Accelerator.

Tuesday, July 17, 2018 - 09:59
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Financial IT
Mastercard Brings STEM Education Program to Major League Baseball Youth Academies

Girls4Tech™ comes to Washington Nationals Youth Academy and DREAM Charter School in New York with curriculum that has reached 50,000+ girls 

Mastercard recently teamed up with Major League Baseball and the Washington Nationals Youth Academy to bring its signature Girls4Tech STEM program to Washington, D.C.

Tuesday, July 17, 2018 - 09:22
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Eventus Systems Launches New Website Highlighting RegTech Solutions for Capital Markets

Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, has just launched a new, enhanced website, www.eventussystems.com. The site features a deep dive into the firm’s capabilities and market-specific features that have attracted clients to Validus, the company’s premier solution for comprehensive surveillance and trading risk management.

Tuesday, July 17, 2018 - 09:16
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Harshna Cayley Appointed Managing Director of EQ Global

Leading cross-border payments provider, EQ Global, today announces that Harshna Cayley has been appointed as its new Managing Director.

Tuesday, July 17, 2018 - 09:13
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/news/ma-deals/harshna-cayley-appointed-managing-director-eq-global
ACH Alert Experiences Tremendous Growth as Payments Fraud Rises, Prevents More Than $388 Million in Fraudulent Transactions

ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, has experienced record growth, signing on more financial institutions in the last 12 months than the past four years combined while successfully preventing more than $388 million in fraudulent transactions. To maintain this growth and meet increased demand for the company’s fraud prevention solutions, ACH Alert also doubled its staff.

Tuesday, July 17, 2018 - 09:09
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/news/payments/ach-alert-experiences-tremendous-growth-payments-fraud-rises-prevents-more-388-million
ZHONG OU, THE UBI BANCA CHINESE JOINT VENTURE, SELECTED TO MANAGE ONE OF THE NEW MONEY MARKET FUNDS OFFERED ON THE FINANCIAL PLATFORM OF ALIBABA, THE E-COMMERCE GIANT

Ant Financial Services Group, the financial platform of the Alibaba Group, has selected Zhong Ou Asset Management to manage one of the four new money market funds which will broaden the product range on Yu’e Bao, the group’s wealth management platform (over 400 million users). In the first two months of the new fund’s operations, Zhong Ou Asset Management recorded new inflows of around €8 billion from over 4 million clients.

 

Tuesday, July 17, 2018 - 09:04
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How InsurTech is Breaking Boundaries and Moving Beyond Insurance

New research from Startupbootcamp InsurTech (SBC) and PwC launches today, exploring how InsurTech has rapidly evolved over the past three years since Startupbootcamp InsurTech was established. The report shows that the narrative surrounding InsurTech has shifted and both parties are now working together to take the insurance industry into the next decade. 

Tuesday, July 17, 2018 - 09:01
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Long Queues Cost UK Retailers Up To £12 Billion Per Year

New research released today by Adyen, the payments platform of choice for many of the world’s leading companies, reveals that long queues are the biggest turn-off for UK shoppers, costing retailers up to £12 billion each year in potential sales losses[i].

Monday, July 16, 2018 - 17:06
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/news/e-commerce/long-queues-cost-uk-retailers-ps12-billion-year
Financial IT
Securing real-time payments with tokenization

For banks, direct debit (ACH) fraud represents a bigger financial risk than card fraud. In particular, growing momentum for real-time payment schemes across the world is creating huge opportunities for fraudsters and placing increasing pressure on banks and clearing houses, who now have only seconds instead of days to identify fraudulent transactions.

Monday, July 16, 2018 - 12:40
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Financial IT

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