Digital-only challenger bank Fidor has launched its first physical product in the UK market, a contactless debit card developed with input from its online user community.
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SWIFT announces that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015.
The 45 participating firms include major transaction banks from Europe, Asia Pacific, Africa and the Americas. More banks are expected to join this initiative in the coming months.
Elliptic provides outsourcing of wallet security and development through its multi-signature cold storage platform.
ACI Worldwide is to exit the community bank and credit union market, selling its Community Financial Services business to Fiserv for $200 million in cash.
Phil Heasley, president and CEO, ACI Worldwide, says the move enables the company to focus resources and energy on the provision of real-time electronic and e-commerce payments for large financial institutions and enablers, retailers and billers worldwide.
The Gem platform provides simple and secure management of cryptocurrency wallets.
Simple: because GEM API and client libraries manage the complexity of working with a digital currency, while presenting a high level interface that is easy to use.
Secure: because Gem wallets use multi-signature and Hierarchical Deterministic Wallets with granular rulesets and multi-factor authentication.
Traiana, a leading provider of pre-trade risk and post-trade processing solutions and Trax, aleading provider of capital market data, trade matching and regulatory reporting services, today announce that they have entered into a business alliance to offer the industry an interoperable Repurchase Agreement (repo) matching service to support efficient, automated, operational processes ahead of significant regulatory change.
Maitland, the global advisory and fund administration firm, is now able to act as an alternative investment fund manager (AIFM) for private equity and real estate (PERE) alternative investment funds. This follows approval for MS Management Services S.A., a Luxembourg-based subsidiary of Maitland, to extend its existing AIFM licence to include PERE funds.
ACI Worldwide, a leading global provider of electronic payment and banking solutions, today announced the UP Retail Payments solution.