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Visa Acquires Control of Earthport

Visa announced it has acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH network.

Thursday, May 9, 2019 - 08:56
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Financial IT
WHISHWORKS Announces Ambitious Plans for UK Growth and Global Expansion

WHISHWORKS, a Big Data specialist and MuleSoft®strategic partner for the banking and finance sector, has announced exciting expansion plans across the USA and the Middle East as it grows its customer base, increases headcount and reports its highest ever year-on-year revenue growth.

Thursday, May 9, 2019 - 08:47
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Financial IT
F-Secure Security Engineering Awarded IEC 62243 Certifications

Cyber security provider F-Secure has earned two new International Electrotechnical Commission (IEC) certifications that recognize the company’s expertise in developing secure components for industrial control systems (ICSs). The certifications, IEC-62243-4-1 and IEC-62243-4-2, define the cyber security requirements for the development lifecycles and products used in industrial control and automation systems.

Thursday, May 9, 2019 - 08:43
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Financial IT
Open Banking platform Tink announces partnership with Natwest
Tink and NatWest today announces a new partnership agreement that will positively impact NatWest’s mobile banking.
 
The agreement will give NatWest access to Tink’s Personal Finance Management (PFM) and Data Enrichment products that will be integrated into NatWest’s core mobile banking app. This will allow NatWest to improve its mobile banking offering by giving customers personalised insights based on their transaction history to help them feel more in control of their finances.
 
Thursday, May 9, 2019 - 08:38
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Financial IT
Amazon has been forced to accept cash at 'cashless store'

The news this morning that Amazon has been forced to accept cash at its 'cashless store' amid claims it discriminates against those without bank accounts, serves as a stark reminder of the struggles to come if banks and the Government don’t work closely enough to ensure the benefits of cashless society are available and accessible to all.

Wednesday, May 8, 2019 - 13:23
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Financial IT
IHS Markit Launches Solution to Speed New Account Onboarding

IHS Markit (Nasdaq: INFO), a world leader in critical information, and analytics, today announced the launch of Onboarding Accelerator, a new solution to help banks and other service providers open accounts with institutional clients more quickly. 

Onboarding new clients is complex in financial services because of the amount of information the bank or service provider must collect to satisfy know your customer, anti-money laundering, credit, legal and tax requirements.  On average, the process takes 40 days.

Wednesday, May 8, 2019 - 12:59
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Financial IT
FinTech Firms Countingup and Hokodo Partner to Reduce Risk For Small Business

Countingup, the UK’s number one small business banking and accounting app, has signed a partnership agreement with fintech start-up and insurance solutions provider Hokodo, in a move designed to lessen the risk faced by SMEs from late payments and unpaid invoices. This partnership is the first between a small business-focused insurance firm and a banking and accounting company to give UK SMEs the option to protect their income on an invoice-by-invoice basis.

Wednesday, May 8, 2019 - 12:54
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Financial IT
Women in FinTech Launches International Podcast Series

Raiha Buchanan, founder of Women in FinTech (WiFT), and Sarah Kok, the founding member of this initiative, have launched the first episode of their podcast. In this episode, titled “How Did You Get Into FinTech,” they share their ambitions for the podcast and the WiFT initiative as a whole. Raiha and Sarah also, share their own stories in this first episode of the podcast, intended to be a regular series.

Wednesday, May 8, 2019 - 12:39
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Financial IT
Fingerprint Cards AB reaches 1bn sensors milestone

World-leading biometrics company, Fingerprint Cards (Fingerprints™) has announced that it has now shipped 1 billion fingerprint sensors worldwide. The Swedish-based company has played a central role in bringing smartphone fingerprint sensors to the mass-market. Having led major advancements to the technology, Fingerprints was responsible for driving the first integration of fingerprint touch sensors into an Android handset in 2014, with its sensors now integrated into more than 330 smartphone models globally.

Wednesday, May 8, 2019 - 12:38
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Financial IT
dh@coff.uk
Wednesday, May 8, 2019 - 12:08
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