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Samsung makes wearable payments play
Samsung is bidding to expand NFC payments beyond phones to a host of wearable devices by teaming up with POS manufacturer Ingenico and app developer Smartlink to launch the Contactless Companion Platform (CCP).
 
The platform aim to boost financial inclusion by helping to bring digital cash to everyone, including those without payment cards and bank accounts. The system lets users make digital cash payments via any enabled contactless device of their choice, such as a dedicated smart card, wristband, key fob, or mechanical watch or smart ring.
Friday, March 24, 2017 - 06:53
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Financial IT
SS&C reveals Vision FI customer communications platform

Today SS&C Technologies Holdings, Inc. a leader in providing financial services software and software-enabled services, announced the official release of Vision FI. 

SS&C demonstrated the Vision FI platform at The Summit for Asset Management (TSAM) in London. This revolutionary product advances the Varden eReportal platform providing SS&C's customers a comprehensive, end-to-end solution for designing, producing, and distributing both online and printed client communications.

Friday, March 24, 2017 - 06:44
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Financial IT
Figo unveils XS2A enabler for PSD2

The Payment Services Directive 2 will be made national law SEPA-wide. After months of controversy and polarising debate, banks and FinTech companies can see positive but challenging conditions to come.  

Friday, March 24, 2017 - 06:22
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Financial IT
Accenture to acquire First Annapolis

Accenture (ACN) has agreed to acquire First Annapolis Consulting, Inc., a privately held payments consulting and advisory firm, further expanding its capabilities in the payments market. Terms of the transaction were not disclosed.

Friday, March 24, 2017 - 05:53
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Financial IT
DueDil assigns Alan Millard as chairman

Today DueDil, the company information platform, reported the appointment of Alan Millard as Chairman of the company’s board, with immediate effect. 

Friday, March 24, 2017 - 05:36
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Financial IT
CFPB fines Experian $3 million for decieving consumers in marketing credit scores

Today the Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers. Experian claimed the credit scores it marketed and provided to consumers were used by lenders to make credit decisions. In fact, lenders did not use Experian’s scores to make those decisions. The CFPB ordered Experian to truthfully represent how its credit scores are used. Experian must also pay a civil penalty of $3 million. 

Friday, March 24, 2017 - 05:19
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/news/infrastructure/cfpb-fines-experian-3-million-decieving-consumers-marketing-credit-scores
Financial IT
Get Closure

New e-signature technology is helping dealerships close motor finance sales in minutes, gaining a competitive edge by enabling customers to drive away on the same day.

Thursday, March 23, 2017 - 15:17
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Financial IT
Misys to host BIAN Open Day in London
Misys, logo

Misys is pleased to be hosting the Banking Industry Architecture Network (BIAN) Open Day on 28th March 2017 in London. The free event, open for everybody in the industry, will focus on strategic change in Europe, bringing together challenger and established banks to explore this critical topic, amidst the impending arrival of PSD2.

Thursday, March 23, 2017 - 13:50
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Gemalto Wins 2017 Cybersecurity Excellence Award for Best Encryption Product
Gemalto

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that th​ey have been named a winner of the 2017 Cybersecurity Excellence Awards. Gemalto's SafeNet KeySecure was voted "best encryption product" by over 300,000 members of the global information security community. 

Thursday, March 23, 2017 - 13:33
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Ullink Introduces MiFID II Trade Reporting Solution
Ullink, logo

Multi-asset solution will enable firms to comply with post-trade transparency rules set to come into force in 2018

Ullink, a global provider of electronic trading and connectivity solutions to the financial community, has launched its MiFID II compliant trade reporting solution to help its clients meet regulatory requirements for greater accuracy in reporting and timeliness of data collection.

Thursday, March 23, 2017 - 13:25
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