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BofA and FitPay Collaborate on Wearable Contactless Payments

Bank of America and FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc., today announced an agreement to extend contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options and accelerating the adoption of new payment devices. 

This collaborative effort enables Bank of America customers to use their credit or debit cards to make secure contactless payments directly from devices that are integrated with the FitPay[TM] payment platform at NFC-enabled point-of-sale locations and more than 9,000 Bank of America ATMs.

Friday, September 8, 2017 - 07:40
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Transport for London Reveals Mobile Ticketing App for Oyster Card Users

Cubic Transportation Systems (CTS), a business unit of Cubic Corporation, and Transport for London (TfL) today announced the launch of the TfL Mobile Ticketing App for Oyster card users in London, England.  

The mobile app – designed by TfL and developed by Cubic – will allow Oyster card customers to manage their travel fares and payments, top up their cards and view their journey history on the go via Android or Apple iOS devices.

Friday, September 8, 2017 - 07:35
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Mobile Messaging Apps Ramp Up Their Video Strategies to Boost Engagement and Monetization

Mobile Messaging apps claimed an aggregate audience of more than 5.6 billion users at the end of Q2 2017. Having a strong video proposition is vital for almost all messaging and social apps – this includes video calling, advertising, messaging, live broadcast and professional content.

Friday, September 8, 2017 - 07:29
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Charlie Brown Joins Forterra as Executive Vice President and Chief Financial Officer

Forterra, Inc., a leading manufacturer of water infrastructure pipe and products in the United States and Eastern Canada, today announced the appointment of Charlie Brown as Executive Vice President and Chief Financial Officer, to begin his employment on or before September 25, 2017. Mr. Brown is an industry veteran with over 25 years of experience driving growth and improvement at manufacturing and construction materials companies. Mr. Brown will report to Chief Executive Officer Jeff Bradley and serve on the Company's executive leadership team.

Friday, September 8, 2017 - 07:20
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Financial IT August-September Issue 2017

As its name suggests, Financial IT seeks to identify change and to promote thought leadership at the meeting point of two industry verticals: financial services and IT. Both are broadly defined, and include several substantial industries. Both underpin the functioning of all other industry verticals, such as healthcare, capital goods and energy. Perhaps most importantly, both the financial services and IT industry verticals are global in scope.

Thursday, September 7, 2017 - 12:57
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The ai Corporation Builds on its US Presence with Quatrro Processing Partnership

 

The ai Corporation (ai), an FCA approved expert in fraud and risk management, today announced that it will be partnering with Quatrro, a leading fraud detection and prevention services provider, as part of its continued global expansion and to satisfy the increasing demand for its unique fraud and risk management solutions in the USA.

Thursday, September 7, 2017 - 11:25
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Avelacom Taps Metamako to Offer Fastest FPGA-based Connectivity Solution

Global connectivity provider Avelacom announced today that it is now using Metamako, the leading specialist provider of FPGA-enabled, high-performance networking devices, to significantly accelerate its network processing power and keep latency to an absolute minimum. The solution meets the needs of HFT firms and all firms in capital markets for whom latency is critical, allowing them to benefit from the latest technology innovations in data processing.

Thursday, September 7, 2017 - 10:59
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Significant Fin Tech investment for Nordic Capital

Nordic Capital and MFEX management acquire MFEX, a leading independent fund platform in Europe and Asia

Nordic Capital Fund VIII “Nordic Capital” and MFEX management has signed an agreement to acquire the majority of the shares in MFEX­­, a leading European B2B open architecture fund distribution platform. Nordic Capital sees great potential in supporting the acceleration of MFEX’s growth agenda across Europe and Asia and the consolidation in the sector. 

Thursday, September 7, 2017 - 10:50
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Using Fingerprints to Bank the Unbanked

Our identity proves more than just who we are – it is also our key to obtain access to financial services, government benefit programs, healthcare, and other services. Access to these services are crucial for anyone but can be especially beneficial to low-income individuals seeking assistance. However, these individuals (especially those in developing countries), often lack personal dependable ID infrastructure. This prevents them from accessing important day-to-day services that many of us take for granted, like having a bank account.

Thursday, September 7, 2017 - 10:29
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Integral Launches MiFIDII Compliance Tech

Integral, the technology partner trusted by leading banks, brokers, and investment managers to design, deliver and grow their FX businesses, announced today solutions for MiFID II compliance.

Integral will deliver its entire platform with services necessary to meet MiFID II requirements including assistance with pre-trade and post-trade transparency, surveillance, TCA, reporting, and record keeping. 

Thursday, September 7, 2017 - 09:51
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