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JCB to Drop PIN and Pilot Japan’s First Fingerprint Authentication Card

JCB says it will soon be dropping PIN authentication and will conduct a pilot trial of its latest JCB Biometrics Card with fingerprint authentication.

JCB to drop PIN and pilot Japan’s first fingerprint authentication card

JCB’s Contactless payment solution is provided by IDEMIA, a global Augmented Identity provider, supported by Toppan Printing which will also take part in the demonstration trial in respect of card personalization.

Tuesday, April 24, 2018 - 07:16
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RegTech company ClauseMatch raises $5m in a Series A round led by Index Ventures
ClauseMatch, the RegTech startup that aims to automate the entire regulatory lifecycle to help companies ensure compliance, has announced a Series A investment of $5 million led by Index Ventures joined by Talis Capital and with participation from previous investors, including Speedinvest. The round also involves investment from high-profile angels Tom Glocer, former CEO of Thomson Reuters, and Cristobal Conde, former CEO of Sungard. The funding will be used to continue to rapidly scale-up and accelerate development of the product.
 
Monday, April 23, 2018 - 13:24
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Financial IT
Bitcoin, Ethereum and Blockchain Super Conference II Offers Rare Opportunity to Network with Cryptocurrency and Blockchain Leaders

Richard, organizer of the original Bitcoin, Ethereum and Blockchain Super Conference, held in February, is hosting a follow-up conference in September. Like the first conference, the second offers attendees a rare opportunity to network with many of the most respected players in the cryptocurrency and blockchain space – including developers, entrepreneurs, venture capitalists, and “smart money” hedge fund managers who are now piling their capital into blockchain assets.

Monday, April 23, 2018 - 12:22
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Financial IT
Open Banking: the Landscape by 2025

Open Banking is here. The Second Payment Services Directive (PSD2) now requires banks to give any third party access to use payments data and launch transactions from a customer’s bank account, subject to permission. It’s a radical idea; and while there will undoubtedly be impacts, the exact nature and timeframes of the disruption are still becoming clear.

Getting the measure

Although the range of possibilities and changes around Open Banking may sometimes seem confusing, essentially, they fall into five key categories. 

Monday, April 23, 2018 - 11:46
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Former MIB Head Chooses SSP for New Venture

PEX Insure, the managing general agent (MGA) founded by Byron Shepherd, has chosen two separate SSP platforms to distribute its insurance products. Shepherd was formerly one of the heads of the Motor Insurers' Bureau (MIB), responsible for services including MyLicence and the NCD database.

The MGA has chosen SSP Pure Broking to retail standard motor cover, with further products to follow. In addition, as PEX Insure has its own delegated authority, it has also signed up to wholesale insurance products through SSP's brokers. 

Monday, April 23, 2018 - 11:30
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HPS Increases Africa Presence with Johannesburg Office

HPS, a multinational company and leading provider of electronic payment solutions for financial institutions, card processors, merchant acquirers, independent sales organizations (ISOs), and national and regional switches around the world, has increased its presence within Africa with a new office in Johannesburg, South Africa.

Monday, April 23, 2018 - 10:44
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SAXO BANK WINS BEST MOBILE TRADING INITIATIVE AT SELL SIDE TECHNOLOGY AWARDS

Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, has today announced that its transformative fixed income offering, available on mobile via SaxoTraderGO, has won the Best Mobile Trading Initiative at the 2018 Sell Side Technology Awards.

The Sell Side Technology Awards recognise the leading technologies and third party vendors in their areas of expertise through an auditable and transparent methodology developed by the publication’s senior journalists. 

Monday, April 23, 2018 - 10:41
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Swedbank Expands Partnership with Meniga

Swedbank and Meniga have partnered since 2017 to improve Swedbank’s digital customer experience through a personal finance activity feed and data aggregation platform, which will give customers better control over their daily finances and a more personal, engaging experience than today.

Now, Swedbank is further strengthening this partnership with Meniga by making an equity investment of EUR 3m in the company. Meniga is a leader within software for personal finance management and has a large number of leading banks as their customers in over 20 countries.

Monday, April 23, 2018 - 10:40
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The Tall Group of Companies wins Prestigious Queen's Award for Enterprise: International Trade

The TALL Group of Companies, the UK leader in the provision of secure paper and electronic payment solutions, is honoured to have secured the UK’s highest official accolade for business success. Her Majesty The Queen has approved the Prime Minister's recommendation that the organisation should receive a Queen's Award for Enterprise in the International Trade category this year.

Monday, April 23, 2018 - 10:24
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FlexTrade Launches FlexNOW Execution Management System (EMS)

FlexTrade today announced the official release of FlexNOW, an out-of-the-box, broker neutral EMS to address the needs of hedge funds and mini-primes who require a streamlined, multi-asset trading system at the click of a button.

Monday, April 23, 2018 - 09:43
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