CACEIS has signed an investment agreement intended to develop a post-market Blockchain infrastructure for the SME segment in Europe.
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Visa Inc., today announced it will help its financial institution partners create customized digital card management experiences for their customers. As the Internet of Things (IoT) grows, consumers put their card on file and implement recurring payments in more places.
Senjō Group, a leading privately-held payments platform operator and FinTech investor headquartered in Singapore, has successfully obtained a Payment Institution (PI) license in Lithuania. The company received permission from the Bank of Lithuania to acquire Lithuanian payment institution Finolita Unio. In doing so, the innovative global investor has gained enhanced access to the European payments system via Lithuania.
FinTP is a versatile open source solution for flow automation and seamless integration between various internal systems/applications and external market infrastructures or networks, providing operators with relevant information in a one-window approach (acting like a financial middleware), which allows banks to focus less on their internal processes, and more on designing attractive client-oriented services and products.
Fintech start-up APEXX has appointed ex-WorldPay exec Toreson Lloyd as its Sales Director. Lloyd brings more than seven years experience in the payments industry, as an acquiring specialist and enterprise customer account manager.
National Settlement Depository (NSD), Russia’s central securities depository, has completed development of the e-voting platform. The new service will be used for the first time at Sberbank’s annual general meeting of shareholders summing up the 2016 results. The e-voting platform is a universal voting mechanism. It enables security holders not only to remotely participate in shareholder meetings held via either joint presence but also to vote at AGMs held in absentia.
Enterprising, global digital-only bank, iam bank (iam), which launches in September 2017, will roll out free learning and therapy-based financial workshops across the UK and USA to educate and empower consumers around their financial decisions; a move which is the first of its kind.
OCC, (Options Clearing Corporation) the world's largest equity derivatives clearing organization, and EquiLend Clearing Services (ECS), the global securities finance trading platform and technology provider, have joined forces to bring greater access to central counterparty clearing in the securities finance marketplace.
The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on security measures for operational and security risks under the revised Payment Services Directive (PSD2).
The Guidelines have been developed in close cooperation with the European Central Bank (ECB), and are in support of the objectives of PSD2, such as strengthening the integrated payments market in the EU, mitigating the increased security risks arising from electronic payments, and promoting equal conditions for competition. The consultation runs until 7 August 2017.
Today, PPRO Group announced that the company is one of the 60 companies and associations operating on EU or global level in the financial and payments industry that have signed a manifesto to lobby the EU in regards to making changes to the current draft of the RTS of the PSD2.