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High Street Bank Ramps Up Anti-fraud Efforts as It Registers Under the Contingent Reimbursement Model (Crm) Code

Virgin Money, the UK’s sixth largest bank, is the latest firm to become fully registered to the Contingent Reimbursement Model Code (the CRM Code) – a voluntary standard overseen by the primary self-regulatory body of the financial services industry, the Lending Standards Board (LSB).

The CRM Code sets out protections to prevent, detect and mitigate Authorised Push Payment (APP) scams. It also stipulates that firms should reimburse customers who are not to blame. Virgin Money’s registration signals its commitment to protecting customers from scams.

Tuesday, March 1, 2022 - 15:15
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/news/banking/high-street-bank-ramps-anti-fraud-efforts-it-registers-under-contingent-reimbursement
Financial IT
PCI Pal® Marks Australian Launch with Senior VP Appointment

PCI Pal, (LON:PCIP) – the global provider of cloud-based secure payment solutions – today announced the appointment of Adam Paton as its VP Sales for Australia and New Zealand.  The hire marks an important milestone in the company’s continued global expansion.

Tuesday, March 1, 2022 - 15:10
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/news/payments/pci-palr-marks-australian-launch-senior-vp-appointment
Financial IT
State of the Industry: FinTechs re-evaluate how they Drive Growth as the Battle for Talent Begins
  • Exclusive research from Barclays Corporate Banking reveals the views of FinTech leaders from across the globe on a range of key issues
  • Growth remains the number one priority for nearly a quarter (23%) of FinTechs across the globe, but this is down considerably from 2020 (where 57% cited it as their key priority)
  • Talent acquisition is now cited as the second-most pressing area across EMEA, the Americas and Asia-Pacific, with Barclays identifying a ‘battle for talent’ in the sector
Tuesday, March 1, 2022 - 15:06
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/news/fintech-startups/state-industry-fintechs-re-evaluate-how-they-drive-growth-battle-talent-begins
Financial IT
First Sustainable Wallets Launched to Reduce Carbon Emissions from Checkout Payments
  • HELPFUL, in partnership with Railsbank, has launched digital branded wallets that make checkout payments more affordable for businesses and better for the planet
  • HELPFUL wallets combined with open banking to offer a payment method that can save up to 80% on CO2 emissions from each transaction
  • It's estimated that 75% of all global payment transactions by 2026 will be done by open banking direct payments, with a projected market value of $116b
Tuesday, March 1, 2022 - 15:02
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/news/banking/first-sustainable-wallets-launched-reduce-carbon-emissions-checkout-payments
Financial IT
MDX Technology Hires Nigel Someck as Global VP of Sales

- Highly skilled results-driven business development leader

- Deep fintech experience

Tuesday, March 1, 2022 - 14:59
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/news/technical/mdx-technology-hires-nigel-someck-global-vp-sales
Financial IT
PACE Anti-Piracy Raises the Bar in White-Box Encryption Protection for Bank, PSP, and Payment Scheme Applications

Next-gen ‘White-Box Works’ code generator launches complete with EMVCo Software-Based Mobile Payment security evaluation certificate

Banks, payment service providers (PSPs), schemes, and other financial institutions can now benefit from a uniquely high level of sensitive data protection and application attack resistance, following today’s launch of White-Box Works, a next-generation EMVCo-evaluated White-Box code generator, from PACE Anti-Piracy. 

Tuesday, March 1, 2022 - 14:50
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/news/banking/pace-anti-piracy-raises-bar-white-box-encryption-protection-bank-psp-and-payment-scheme
Financial IT
Lloyds Banking Group and Bink Partner to Create a New Channel for Retailers to Reach Millions of Loyalty Customers

Lloyds Banking Group has entered a strategic partnership with fintech Bink. Together they will transform the way customers of the bank’s retail brands are able to connect with retailers and their reward and loyalty programmes.

Bink’s technology links a customer’s payment cards to participating retailers’ loyalty and customer engagement programmes. This ensures customers are identified and rewarded by retailers every time they shop with their payment card, giving a seamless user experience.

Tuesday, March 1, 2022 - 12:51
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/news/payments/lloyds-banking-group-and-bink-partner-create-new-channel-retailers-reach-millions
Financial IT
Payment Platform Cheddar Expands into Open Banking With its Acquisition of Upside

The purchase marks the beginning of Cheddar’s move to grow its offering with open banking innovation

Tuesday, March 1, 2022 - 12:37
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/news/payments/payment-platform-cheddar-expands-open-banking-its-acquisition-upside
Financial IT
SquaredFinancial Onboards Quant Insight’s iQbyQi Pairing Retail Traders with AI-backed Analytics and Insights

 SquaredFinancial, the fintech brokerage offering trading services through online and mobile platforms, has become the first company to offer its customers access to iQbyQi’s cutting edge analytics, backed by AI, Machine Learning and Data Science.

Tuesday, March 1, 2022 - 12:26
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/news/artificial-intelligence/squaredfinancial-onboards-quant-insights-iqbyqi-pairing-retail-traders
Financial IT
Bourgeois Bohème Partners with Moorwand and Payme Swiss to Develop Fintech Products for High-Net-Worth Individuals

New partnership to bring personalised payment products to HNWI and UHNWI audiences

Tuesday, March 1, 2022 - 12:15
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/news/payments/bourgeois-boheme-partners-moorwand-and-payme-swiss-develop-fintech-products-high-net
Financial IT

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