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Western Union integrates the mobile app of Russia's Post Bank

The Western Union Company (WU) (NYSE: WU), a leader in cross-border, cross-currency money movement, and Post Bank, one of Russia’s largest banks, have expanded their offering for digital international money transfers by enabling customers to use Post Bank’s mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.

Monday, July 9, 2018 - 08:26
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Choosing Software That Will Help Organize Personal Finance Matters

You might be new to using personal finance software and wish sees the benefits that such software management can provide to help you organize your money. You might also want to explore other software of similar type that offers benefits and features that will suit you better. Here are some standard features to look out for personal finance software.

Transactions and account balance

Monday, July 9, 2018 - 08:23
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EQT acquires Saxo Payments Banking Circle

• EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle

• Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost

• EQT to support Saxo Payments Banking Circle’s continued growth by leveraging the entire EQT platform, including around 25 years of experience in future-proofing companies as well as accelerating hyper-growth businesses, deep TMT expertise, and a global industrial network

Monday, July 9, 2018 - 07:44
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encompass corporation Appoints KYC Technology Industry Veteran, Ed Lloyd, as Executive Vice President, Global Sales, to Drive Continued Sales Growth

encompass corporation (“encompass”), a fast-growing global provider of robotically automated Know Your Customer (KYC) solutions, today announced the appointment of Ed Lloyd, a long-term veteran of the compliance technology industry, to the position of Executive Vice President, Global Sales.

Friday, July 6, 2018 - 11:24
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Financial IT
Investment Bank of Greece goes live with RiskAvert by Profile Software

Profile Software, an international financial solutions provider, announced today the successful implementation of RiskAvert, its advanced regulatory capital calculation, liquidity risk and XBRL validation and reporting platform, at IBG (Investment Bank of Greece) and the successful completion of the recent XBRL submission exercise to the Bank of Greece (EBA Reporting framework 2.7.0.1).

Friday, July 6, 2018 - 10:17
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Financial IT
Azimo broadens its money transfer service from the Nordic countries

Digital money transfer company Azimo has added 10 new countries to its service for customers in Nordic countries. 

Friday, July 6, 2018 - 10:10
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Biometric payments to take centre stage as 1 in 4 of online sales will require further security next year

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying.

Friday, July 6, 2018 - 10:07
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Getting social in a crisis - how social media could have helped TSB mitigate the meltdown

The aftershocks following TSB’s high profile IT meltdown in April are still being felt. What started as a long-planned IT migration quickly escalated into a crisis as customers got locked out of their accounts, saw incorrect balances or even accounts belonging to other customers.

Friday, July 6, 2018 - 09:56
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SIX to launch full end-to-end and fully integrated digital asset trading, settlement and custody service

Switzerland’s stock exchange – owned and managed by SIX – today announced that it is building a fully integrated trading, settlement and custody infrastructure for digital assets. SIX is regulated as an operator of Financial Market Infrastructure (FMI) by Swiss Authorities, FINMA and the Swiss National Bank, and intends that the planned ‘digital asset ecosystem’ –SIX Digital Exchange (“SDX”) – will enjoy the same standard of oversight and regulation.

Friday, July 6, 2018 - 09:27
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Financial IT
Smart Future of Commuting - Mobile Payment

Technology is changing the transport sector when it comes to high-speed trains and electric buses. But, we’ve still to see the same digital transformation when it comes to improving daily commuting for millions of passengers. Especially for those in London, there’s no escape from the headlines when it comes to transport, particularly trains and buses. “Train torture”, “Stranded passengers”, “Chaos”, “Disruptions”…you get the picture.

Friday, July 6, 2018 - 06:55
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