Turkish consumers will now be able to send funds to a network of over 60 countries, thanks to payments disrupter Paysend’s expansion into the country.

The Turkish expansion means consumers can send funds to any Visa, MasterCard or Unionpay card accounts across the Paysend global payout network.

Today, Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial” or “the Company”) announced that it has entered into definitive agreements with investors for its Series C equity financing totaling approximately US$14 billion. This financing round includes an RMB tranche raised by Ant Financial from domestic investors and a USD tranche raised by Ant International Co., Limited (“Ant International”), a wholly owned offshore subsidiary of the Company, from international investors. 

First lecture series: Information Technology

Gresham College, London’s oldest Higher Education Institution, is delighted to announce the appointment of Richard Harvey to IT Livery Company Professor of Information Technology.

Professor Harvey is an expert on artificial intelligence, machine learning and signal processing. In his first lecture series he will focus on the latest innovations in information technology.  

BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it is collaborating with the Government of Canada to modernize their operations centers during G7 ministerial meetings and the 2018 G7 Summit.

The world has gone chatbot crazy, certainly there is still a lot of focus on ‘virtual assistants’, as some people like to refer to them as. They are essentially used to mimic human speech where a human would be required via a messaging interface. As someone who closely works within the financial services industry, automation is certainly one of the priorities in large companies, esp. within the banking world.

A brief summary of the open banking API

Particeep designs its solutions in order to remove any technological barrier for financial institutions wishing to distribute online their products and services.

Particeep offers banks an open banking API to make accessible through a single integration and securely their repository of products and services, pricing elements, partners offers to scale online their sales strategy. Their data and products are then easily available on any web/ mobile platforms.

Flexiti, a leading provider of Point-Of-Sale (POS) financing and payment technology, today announced the acquisition of TD Financing Services’ (TDFS) Canadian private label credit card portfolio valued at approximately $250 million. 

TrustArc, a global provider of technology-powered privacy solutions for over 20 years, today announced the expansion of its partner programme, TrustArcConnect.  The programme provides a major opportunity for partners with expertise in GDPR and privacy to capitalize on the post-GDPR ‘enforcement’ era, which TrustArc expects to be characterized by growing demand for privacy technology solutions that make

XPO Logistics announced yesterday morning at 8.00 a.m. that House of Fraser will be closing down, not only 31 of their stores but also, as a result, the Distribution Warehouse which is run by XPO on their behalf in Milton Keynes.

The plan is to move the work currently undertaken in Milton Keynes to the other site, run by XPO in Wellingborough, which also handles a mix of stores goods and internet stock.

There are approximately 325 personnel directly employed on site, as well as at least a 100 agency workers.

As a leading provider in digital technology solutions the company expands its global market position with continuous product innovation and powerful service offerings.

Digital business transformation is one of the biggest challenges of many industries and markets worldwide. Technological leadership, future competitiveness, individual scalability and adaptability, time-to-market implementation and efficient use of investments are of top priority for today’s decision-makers in the digital age.