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Mastercard Pay By Bank goes live on MuchBetter, eliminates transfer fees

MuchBetter, the award winning payments company, today announced its integration with Mastercard’s Pay By Bank, one of the first ewallets to do so. Pay by Bank app is a new online checkout option from Mastercard that lets users pay for goods and services in real-time using the banking app on their phone – across online and in-store purchases. It allows MuchBetter users to top up their account in real-time from their bank account without entering payment details or passwords.

Friday, November 29, 2019 - 10:04
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Kapilendo chooses finleap connect and solarisBank for the further expansion of its services
Friday, November 29, 2019 - 09:08
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Moneypenny and NatWest announce partnership to support UK small businesses

NatWest is partnering with Moneypenny, the world’s largest and highest rated outsourced communications provider, to bring the 900 entrepreneurs it supports through its Accelerators exclusive access to tools and advice that will help them to grow and develop their businesses.

Friday, November 29, 2019 - 08:58
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Sberbank launched “Collect Money and Split Bill” mobile app

Sberbank has launched a new service called “Collect Money and Split Bill” in the Dialogues section with Sberbank Online mobile app.

Friday, November 29, 2019 - 05:45
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Danske Bank appoints new Group COO

Danske Bank A/S has appointed Frans Woelders as Group COO and member of the Executive Leadership Team with overall responsibility for Group Services and Group IT.

Frans Woelders joins from the position of Chief Digital Officer for Personal Banking of Royal Bank of Scotland. Prior to that, he has experience from positions with ABN AMRO Bank, including as CEO of Retail Banking and as Group Chief Information Officer.

Friday, November 29, 2019 - 05:33
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Financial IT speaks with Paul Love Twelves, VP Consulting of Konsentus at Open Banking Expo 2019.

Financial IT speaks with Paul Love Twelves, VP Consulting of Konsentus at Open Banking Expo 2019. During the interview, Paul Love Twelves highlights the importance of satisfying the demand for a simple and cost-effective solution to the problem of identifying and checking such TPPs in real-time. Furthermore, Paul Love Twelves mentioned the perspective of the customer using Moneyou as an example.

Friday, November 29, 2019 - 05:22
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Westpac Hires Promontory to Run AML Review

Westpac has hired IBM subsidiary Promontory to undertake an independent review into the failings that led to the bank breaching AML/CTF laws on over 23 million occasions.

Friday, November 29, 2019 - 04:12
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Financial IT
NatWest's Bó Forced to Fend off Fraudsters in Early Days

Bó, NatWest's new app-based bank has been actively targeted by fraudsters within weeks of its public launch.

The Times reports that around 30% of applications since the product went live two weeks ago have been fraudulent. 

Friday, November 29, 2019 - 04:11
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Financial IT
VoxSmart Acquires Fonetic Trading Business to Build Comprehensive Communications Surveillance Platform for Capital Markets
VoxSmart

VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.

Friday, November 29, 2019 - 04:04
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Financial IT
Biju Suresh Babu, Lead, Open Banking & PSD2, Fiorano Software at Open Banking Expo 2019

Biju Suresh Babu, Lead, Open Banking & PSD2, Fiorano Software at Open Banking Expo 2019 speaks about Fiorano API Management

Thursday, November 28, 2019 - 14:24
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Financial IT

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