Worldpay, the global leader in payments has partnered with IndusInd Bank Limited to offer domestic acquiring services in India. The association will assist both companies in processing customers’ payments and marks the first step for Worldpay in entering the Indian market – a result of the growth in eCommerce across the country.
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Torstone Technology, a leading provider of securities and derivatives processing software to the global financial markets, and Daiwa Capital Markets Hong Kong (Daiwa HK), the investment banking arm of Daiwa Securities Group, today announced that Daiwa’s multi-asset Hong Kong Agency business has successfully transferred onto Torstone’s post-trade processing platform, Inferno. This represents the latest phase of a long-term collaboration to implement best of breed back-office technology across multiple asset classes at Daiwa HK.
EBS BrokerTec, ICAP's market-leading electronic foreign exchange and fixed income business, announces today that six months since EBS and BrokerTec merged divisions under a new management structure it has made significant progress in combining its business operations.
In addition, EBS BrokerTec also unveils a new brand and website which can be found at: www.ebsbrokertec.com
Startupbootcamp FinTech, the leading accelerator focused on financial innovation and part of the global Startupbootcamp network, announced today that Liz Lumley has been appointed as the new managing director for London. Lumley will be responsible for the running of the accelerator programme in London as part of the rapidly expanding global team.
NetGuardians today announces that it has become a Temenos Complementary Solution Provider. Already more than 15 Temenos customers use NetGuardians' solution for fraud mitigation and risk assurance, and the agreement will see the two companies work much more closely together, including undertaking joint marketing activities.
3d innovations (3di), a data management services company, today announced the availability of Profiler 3.0. The upgraded market data analysis tool now supports recursive search functions, improving the core value proposition of its ‘Click and Retrieve’ functionality.
Misys, the leading financial software company, today launches Misys FusionBanking Essence Islamic – a major new component in its ground-breaking banking platform, Misys FusionBanking Essence. With an annual growth of 17 per cent, Islamic banking is a key area where banks can stay ahead of their competition and gain market share. Technology is stagnating banks’ profitability, with Islamic banks averaging just 12.6 per cent Return on Equity, while the rest of the industry averages 15 per cent.
Banque Populaire and Caisse d’Epargne are to pilot a payment card that replaces the three-figure CVV code on the rear of the card with a small screen display that automatically changes periodically.
The bank says the technology, developed by Oberthur, will improve security for consumers purchasing online and entails no changes to the usual check-out procedure at the merchant side.
AxiomSL, a leading provider of regulatory reporting and risk management solutions to the financial services industry, announced today its inclusion in the 2015 Chartis RiskTech Quadrant® as a Category Leader.
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Merck Sharp & Dohme Federal Credit Union, based in Chalfont, Pennsylvania, has expanded its relationship with Fiserv through the addition of multiple solutions that will support and strengthen the credit union’s sales culture. The $536 million asset credit union will use the DNA(TM) account processing platform and 19 additional solutions to drive organic growth through enhanced sales and service capabilities, and to better serve its members.