The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has received regulatory approval from the Swiss Financial Market Supervisory Authority to provide trade reporting services in Switzerland via DTCC’s Global Trade Repository service (GTR) in Europe.
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BOKIS, a Danish banking collective, and Nets, a market leader in the payments industry, have extended their existing agreement on handling payments with international cards. The agreement ensures that regional and nationwide banks in the BOKIS association, comprising 40% of the Danish payment card market, can continue to benefit from an efficient and stable card infrastructure.
Braintri, a European leader in fintech innovations, today announced a new deal with Benefia part of Vienna Insurance Group. The insurance subscription platform developed by Braintri is being launched in several sales channels of Benefia, including mobile. The platform, named hiPRO Connector, has already been implemented for Allianz. The new implementation marks a busy year for Braintri with new mobile banking projects for PKO BP and mBank.
Irish businesses are being given a connectivity boost thanks to Claranet, the global technology services provider, who will be rolling out MPLS Superfast Broadband across the country. Expanding on its current MPLS Ethernet and Broadband offering, the new service will offer lightning fast speeds of up to 100Mbps, filling the gap between the existing broadband services which Claranet currently provides.
DXC Technology (NYSE: DXC) and Luxoft Holding, Inc (NYSE: LXFT) today announced a definitive agreement for DXC to acquire Luxoft, a global-scale digital innovator with differentiated offerings, deep vertical industry expertise and world-class digital talent.
AdTech Studio of CyberAgent, Inc. (listed in the first section of Tokyo Stock Exchange; Stock Code: 4751) has developed "PFX LIVE," which is specialized in monetizing live streaming services in "CA ProFit-X," a supply-side platform.
UBPartner (www.ubpartner.com) announced today that usage of its XT Cloud Service has soared over the last 12 months.
Now that banking on mobile devices is the norm, SIM swap fraud is becoming a growing concern across the industry. There is serious pressure on banks and mobile operators to address the issue before serious reputational damage is done; with the Financial Ombudsman Service putting more responsibility on banks to compensate affected customers and banks facing financial penalties if SIM swap fraud is not dealt with.
KinerjaPay Corp., a Delaware corporation (OTCQB: KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company") announced that it has received a signed commitment from PT. Investa Wahana Group, Indonesia to invest $200 million, subscribing for $100 million in shares of the Company's Series F and an addition $100 million in shares of the Company's Series G Convertible Preferred Stock.
UK neobank Monzo has started to prepare for its launch in the US, according to sources familiar with the matter cited by TechCrunch.