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Visa Announces Collaboration With Metrolinx, Bringing Tap To Pay To Transit In The Greater Toronto Area

Visa today announced that Visa tap to pay will officially arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g. smartphone or smartwatch).

Friday, August 12, 2022 - 10:33
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/news/payments/visa-announces-collaboration-metrolinx-bringing-tap-pay-transit-greater-toronto-area
Financial IT
ANZ New Zealand to Move to FIS Modern Banking Platform

ANZ Bank New Zealand Ltd (ANZ New Zealand) has selected financial technology leader FIS® to modernize its core banking capabilities.

Friday, August 12, 2022 - 10:24
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/news/banking/anz-new-zealand-move-fis-modern-banking-platform
Financial IT
Maven 11 Launched Permissioned Pool on Maple Finance Capital Markets Infrastructure

 

Maven 11 has launched a Permissioned Pool, together with Maple Finance. The initial pool size is $ 40 million in USD Coin (USDC) with an attractive risk-adjusted return to investors. Initial participants for the new pool are Flow Traders, Wintermute and Auros.

Friday, August 12, 2022 - 10:15
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/news/infrastructure/maven-11-launched-permissioned-pool-maple-finance-capital-markets-infrastructure
Financial IT
Leading Fintech VC Firm QED Investors Makes First Investment in Africa with a Financing Round in TeamApt

TeamApt has just completed a financing round and brought on board one of the world’s largest fintech specialists, QED Investors.

With almost $5 billion in assets under management, QED is a premier VC in the fintech space. They have invested in 27 unicorns over more than 180 portfolio companies across 14 countries. 

Friday, August 12, 2022 - 10:06
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/news/investment/leading-fintech-vc-firm-qed-investors-makes-first-investment-africa-financing-round
Financial IT
Open Banking Expo to Host its Flagship European Event This Fall In Person in Amsterdam

Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving the biggest digital transformation in the financial services sector, is back with its flagship event in Europe, and this year it will be in person.

Friday, August 12, 2022 - 07:40
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/news/open-banking/open-banking-expo-host-its-flagship-european-event-fall-person-amsterdam
Financial IT
Marqeta CEO to Step Down

Open API card issuing and processing platform Marqeta is on the hunt for a CEO after founder Jason Gardner decided to make the move to executive chairman.

Gardner founded Marqeta in 2010, building it into a multi-billion dollar outfit disrupting the multi-trillion dollar card issuing market before taking the firm public last year.

A hunt is now underway for his replacement.

Thursday, August 11, 2022 - 14:16
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/news/people-moves/marqeta-ceo-step-down
Financial IT
Motive Partners Completes Sale of Global Shares to J.P. Morgan

Motive Partners ("Motive"), a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry ("financial technology"), has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.

Thursday, August 11, 2022 - 14:10
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/news/management/motive-partners-completes-sale-global-shares-jp-morgan
Financial IT
5 Things to Know Before You Begin SBA Loan Process

Talking about starting a small business, you would need to get funding. From start-up costs to other expenditures, it is mandatory to have enough cash. However, not all people can fund their new venture directly. They require a dedicated loan that gets accepted ASAP, then starts the business. 

 

Thursday, August 11, 2022 - 12:47
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/blog/loan-usbfund/5-things-know-you-begin-sba-loan-process
Financial IT
Ripple Interested in Bankrupt Crypto Lender Celsius’ Assets

San Francisco-based blockchain payments company Ripple, which is embroiled in a high-profile battle with the U.S. securities regulator, is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson.

Thursday, August 11, 2022 - 12:46
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/news/blockchain/ripple-interested-bankrupt-crypto-lender-celsius-assets
Financial IT
How Financial Organisations can Stay Protected from Financial Data Breaches

Email is a crucial function of business communication, which many organisations strongly rely upon. But as the pandemic brought a new world of remote and hybrid working, it’s arguably more important than ever to keep both individuals and organisations connected – wherever they may be. A staggering 333.2 billion emails are sent and received daily – but in turn, it’s inevitable that typos can occur or the wrong attachments are sent to the wrong person.

Thursday, August 11, 2022 - 11:36
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/blog/data-security/how-financial-organisations-can-stay-protected-financial-data-breaches
Financial IT

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