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FCA Rounds On Credit Card Firms Over Customers in Persistent Debt
The Financial Conduct Authority

The Financial Conduct Authority (FCA) has written to credit card firms telling them to review their approach to borrowers who are stuck in persistent debt, where they are paying more in interest, fees and charges than they are paying of their balance.

Tuesday, February 4, 2020 - 06:04
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/news/credit-cards/fca-rounds-credit-card-firms-over-customers-persistent-debt
Financial IT
SBI Invests $20m In Core Banking-API Integration Firm OpenLegacy
Japan's SBI Holdings

Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.

Tuesday, February 4, 2020 - 05:58
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/news/core-banking/sbi-invests-20m-core-banking-api-integration-firm-openlegacy
Financial IT
Accenture Boosts Analytics Skills With Mudano Acquisition
Accenture

Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.

Tuesday, February 4, 2020 - 05:56
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/news/artificial-intelligence/accenture-boosts-analytics-skills-mudano-acquisition
Financial IT
Varengold Bank AG opens FinTech Hub in Berlin

The figures* speak for themselves: 1 in 3 finance start-ups that are founded in Germany have their head office in the capital. There are now more fintechs in Berlin than in Munich, Frankfurt and Hamburg put together. Hamburg-based Varengold Bank AG, which has placed its strategic focus on fintech financing – and primarily online credit platforms – since 2015, is acknowledging this fact by opening its FinTech Hub in Berlin in the near future.

Tuesday, February 4, 2020 - 05:50
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/news/banking/varengold-bank-ag-opens-fintech-hub-berlin
ING's Belgian customers moving to the same mobile banking environment used by Dutch and German customers

Belgian customers have started moving to the same mobile banking environment used by our Dutch and German customers. This is an important next step in achieving our ambition of providing the same easy, smart and personal customer experience everywhere.

The move to the new banking environment means the Belgian website now also has the same look, feel and functionality as the Dutch one and it allows Belgian customers to use the banking app that’s available in the Netherlands and Germany.

Tuesday, February 4, 2020 - 05:40
31772
/news/banking/ings-belgian-customers-moving-same-mobile-banking-environment-used-dutch-and-german
Brits flock to Clearhaus as Brexit takes effect

In the wake of Brexit, the Danish payment institution Clearhaus has secured a license which gives the Danish acquirer access to the attractive UK market.

The license, issued by the UKFCA, allows Clearhaus to continue to provide its payment solutions to webshops in the UK market. The same way as Clearhaus does in the rest of Europe.

Tuesday, February 4, 2020 - 04:15
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/news/payments/brits-flock-clearhaus-brexit-takes-effect
CPP advances technology offering in Turkey

CPP Group Plc, the partner focused, global product and services company specialising in the financial services and insurance markets has extended its product portfolio with major partners in Turkey through a strategic partnership model with Denizbank and AXA Sigorta; and by widening its technology delivery and service provider model with Anadolu Insurance Company (Anadolu).

Monday, February 3, 2020 - 13:10
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/news/financial/cpp-advances-technology-offering-turkey
Financial IT
Rimilia secures $15m in additional funding to fuel continued growth and international expansion

Rimilia, the leading SaaS-based fintech company, today announced it has secured $15 million in growth funding. This funding round includes participation from existing investors and partners Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. It brings the total amount raised by Rimilia to $40 million. This new capital will be used to drive continued product innovation, invest in new talent, and fuel the company’s global expansion.

Monday, February 3, 2020 - 13:05
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/news/saas/rimilia-secures-15m-additional-funding-fuel-continued-growth-and-international-expansion
Financial IT
Wolters Kluwer Wins Major Accolades for SaaS Regulatory Reporting Solution and Regulatory Engine Upgrade

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won three major accolades for its industry leading integrated regulatory compliance and reporting solutions. The awards specifically celebrate the success of the company’s software-as-a-service (SaaS) Regulatory Reporting solution and its Regulatory Engine Upgrade, both launched in mid 2019.

Monday, February 3, 2020 - 12:52
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/news/security-and-compliance/wolters-kluwer-wins-major-accolades-saas-regulatory-reporting-solution
Chargebacks911 Announces the Appointment of Payments Expert Andy Tierney to VP of Strategic Accounts

Dispute management specialist, Chargebacks911 announces the appointment of Andy Tierney as its new Vice President of Strategic Accounts. A leading expert on payment strategies, Tierney will be helping Chargebacks911 synergize the company’s strategic account sales efforts.

Monday, February 3, 2020 - 11:58
31767
/news/people-moves/chargebacks911-announces-appointment-payments-expert-andy-tierney-vp-strategic
Financial IT

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