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97% of Gemalto shares have been tendered to the Thales offer
  • Following the Post-Closing Acceptance Period, which ended yesterday, approximately 97.02% of Gemalto shares have now been tendered to the Thales offer
  • Settlement of Shares tendered during the Post-Closing Acceptance Period will take place on 18 April 2019
  • Thales will initiate the statutory buy-out proceedings as soon as possible in order to obtain 100% of the Shares
  • Thales and Gemalto will ask Euronext to delist the Gemalto Shares shortly after Gemalto’s 2019 annual general meeting, to be held on 28 May 2019
Tuesday, April 16, 2019 - 11:05
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Financial IT
Home Finance Fintech Youtility Announces Major Developments

Home finance fintech platform, Youtility, has been selected as one of four providers to participate in the Citizens Advice product testing programme. The project will see the clients of four Citizens Advice Bureaus (Bassetlaw, Hammersmith and Fulham, Cardiff, and Vale and East End) trial digital tools designed to help users budget, while testing the providers’ switching services for better home finance deals. The programme, designed to test whether digital tools could increase competition in the ‘essential providers’ market, will run for four months.

Tuesday, April 16, 2019 - 11:04
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/news/fintech-startups/home-finance-fintech-youtility-announces-major-developments
Klarna Launches Financial Management Content Hub to Support Consumers

Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna.

Tuesday, April 16, 2019 - 10:59
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/news/payments/klarna-launches-financial-management-content-hub-support-consumers
Financial IT
UK travellers set to soar over Easter weekend, with all-inclusive and DIY bargain breaks on the rise

Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in payments, is predicting a rise in online bookings for airlines and travel agents in the UK in the build-up to this year’s Easter holiday period.

Tuesday, April 16, 2019 - 10:58
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/news/payments/uk-travellers-set-soar-over-easter-weekend-all-inclusive-and-diy-bargain-breaks-rise
Financial IT
FICO Survey: 3 in 4 APAC Banks Believe Fraud Will Increase in 2019

Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions completed when neither the card nor the cardholder is physically present (card-not-present or CNP fraud), as well as cards taken out by criminals under false identities (application fraud). These were identified as the two key concerns, as well as the biggest fraud challenges faced by banks in 2019.

Tuesday, April 16, 2019 - 08:39
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/news/banking/fico-survey-3-4-apac-banks-believe-fraud-will-increase-2019
Financial IT
iNBOTiQA Unveils Machine Learning Intelligent Business Email Solution for Banks

 iNBOTiQA, the Intelligent Business Email platform that transforms how the leading business communication channel is used, unveils machine learning and big data analytics to further revolutionise the way companies take control and realise the true potential of their inboxes.

New AI capabilities will further help corporates unlock the power of their inboxes

Tuesday, April 16, 2019 - 08:14
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/news/machine-learning/inbotiqa-unveils-machine-learning-intelligent-business-email-solution-banks
Financial IT
Avaloq Reveals avaloq.one Collaborative Platform

Global fintech leader Avaloq today announces the launch of avaloq.one, a new, intuitive and collaborative platform to help the financial services industry in their efforts working more effectively with fintechs. avaloq.one aims to seamlessly connect leading fintechs and their solutions, to Avaloq’s global financial clients.

Tuesday, April 16, 2019 - 08:10
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/news/infrastructure/avaloq-reveals-avaloqone-collaborative-platform
Financial IT
Canara Bank First to Market in India with EMV Acquiring & Aadhaar Authentication – Powered by ACI Worldwide

ACI Worldwide (NASDAQ:ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts.

Tuesday, April 16, 2019 - 08:05
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/news/payments/canara-bank-first-market-india-emv-acquiring-aadhaar-authentication-powered-aci
Financial IT
FIS's 2019 Survey Shows that UK Consumers Make the Switch to Direct and Mobile Banking

Appetite for digital banking among UK consumers has grown emphatically in the past year, according to the latest research from global financial services technology leader FIS™ (NYSE: FIS).

Tuesday, April 16, 2019 - 07:55
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/news/mobile-banking/fiss-2019-survey-shows-uk-consumers-make-switch-direct-and-mobile-banking
NatWest Bank announces a new biometric payment approval feature

NatWest has today announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile app using Face ID or Touch ID, without the need for a card reader – a UK banking first.

The new feature also allows businesses to authorise multiple users to setup payments, which business owners can then subsequently approve on the go through their app, providing additional flexibility and ease over payment management.

Monday, April 15, 2019 - 19:41
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/news/banking/natwest-bank-announces-new-biometric-payment-approval-feature
Financial IT

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