Wirecard, the global innovation leader for digital financial technology, has won HEYTEA, China’s most popular tea brand, as a new client in South-East Asia. As part of the collaboration, Wirecard provides seamless payment solutions to customers in all stores in Singapore and Hong Kong via HEYTEA GO, a newly launched mobile app which allows users to order and pay online without waiting in stores. Founded in China in 2012, the tea chain now manages more than 400 stores in over 37 cities in China and abroad.
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Wirecard and HEYTEA launch mobile app, driving digitalization and improving the customer experience
Friday, January 31, 2020 - 10:20
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Cybertonica Raises $2 Million Series A
Cybertonica, an award-winning platform using Machine Learning and AI for delivering authentication, risk analytics and fraud prevention to the payments and FinTech sectors, has raised £2 million in Series A funding.
Friday, January 31, 2020 - 10:17
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Financial IT
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
Friday, January 31, 2020 - 10:14
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Financial IT
Deutsche Bank Bosses In Line For €13m Bonus Despite Fifth Annual Loss
Deutsche Bank bosses will still be taking home a bonus this year despite the bank slumping to a bigger than expected €5.7bn (£4.8bn) annual loss.
The bank's management board are due to share a €13m "group level" bonus this year even though they surrendered roughly half their variable pay by not accepting individual rewards based on personal targets, sources said.
The decision, first reported by Handelsblatt, came as the lender unveiled a steeper than expected €1.5bn loss in the three months to the end of December and its second worst-ever full year results.
Friday, January 31, 2020 - 10:05
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Financial IT
Investors aged 28-37 years invest in long-term loans most often
Analysts of the P2P platform Robo.cash have studied the profile of its users investing in long-term loans. Based on the platform’s statistics, they have revealed that most often, loans issued for a period of 12 months are chosen by investors aged 28-37 (41.9%).
Friday, January 31, 2020 - 09:08
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Intelligent Automation Is the Customer Service Differentiator For Banks
Artificial Intelligence, Robotic Process Automation, Intelligent Automation, Blockchain, Tokenisation, Machine Learning - banks are struggling to work out which technologies are most suitable for their needs and which they should prioritise in order to get the most out of their investment. In some ways, this has always been the case with technology, but there are some differences today.
Friday, January 31, 2020 - 04:27
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Financial IT
New Data Sources: How They Can Help The SME Invisibles
Tying to expand any business takes investment, but with smaller businesses often lacking sufficient cash, securing additional funds can be the solution to grow and become more productive. Unfortunately, a lack of financial information can limit a business’s chances of doing this.
Friday, January 31, 2020 - 04:23
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Financial IT
MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up
MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.
Friday, January 31, 2020 - 04:19
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Financial IT
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Friday, January 31, 2020 - 04:17
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Financial IT
Pleo Upgrades From Prepaid Cards To Credit Cards
Pleo is evolving – and perhaps the most important change is our new cards.
We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better.
But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card.
So we made a couple of changes - some big, some small, all good for our users.
The benefits of a new Pleo credit card
The first thing to know is that we’re moving away from prepaid cards.
Friday, January 31, 2020 - 04:14
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Financial IT
