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13 Credit Unions Select Fiserv's Portico

Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that 13 credit unions implemented the Portico(R) core account processing platform with integrated solutions from Fiserv in 2015. Consistent with previous years, credit unions continue to rate Fiserv highly on post-implementation surveys, demonstrating strong appreciation for the efficiency and flexibility that Portico delivers.

Wednesday, December 16, 2015 - 12:08
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Global Payments Announced Acquisition of Heartland Payment Systems for $4.3 Billion

Global Payments, a leading worldwide provider of payment technology services, announced today that it has entered into a definitive agreement to acquire Heartland Payment Systems, Inc. (NYSE: HPY), one of the nation's largest payment companies.

Wednesday, December 16, 2015 - 11:44
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ADIB Teams up with IBM to Launch Innovative Digital Studio

Abu Dhabi Islamic Bank (ADIB) today announced that it will fundamentally transform how it interacts and provides services to customers by building a new Digital Studio with consulting services from IBM (NYSE: IBM).

Wednesday, December 16, 2015 - 11:31
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BCBS 239 and the failure of utilities

Three reports have been at the front of my mind this week. The first report being BCBS 239, which essentially requires organisations to implement a robust data integrity framework. I won’t bore you with the entirety of BCBS 239, but to pull out a couple of principles:

Principle 2 requires a bank to design, build and maintain a data architecture, and if the same data is held in more than one model then “there should be robust automated reconciliation procedures where multiple models are in use.”

Wednesday, December 16, 2015 - 11:08
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blur Group Announced Appointment of Tim Allen as CFO

blur Group plc (AIM:BLUR), the world's first enterprise services platform and marketplace, is pleased to announce that Tim Allen has been appointed to the blur Group Board as Chief Financial Officer with immediate effect.  Tim Allen joined blur Group on 20 July 2015 from Cambium Networks where he held the roles of Chief Financial Officer and VP Finance.

In addition, Barbara Spurrier will step down from her role as Director of Financial Reporting on 31 December 2015. Barbara Spurrier will continue as Company Secretary.

Commenting, Philip Letts, blur Group CEO, said:

Wednesday, December 16, 2015 - 11:03
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Pendo Systems Achieved Skyrocketing Growth in 2015

Pendo Systems (Pendo) provider of international world-class financial products saw skyrocketing growth in 2015. The Company was widely recognized by industry leaders and publications including ACQ5 Global Awards which named it Capital Markets Technology Provider of the Year and SWIFT’s InnoTribe Showcase, which awarded Pendo the title of Top Innovator.

Wednesday, December 16, 2015 - 09:50
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Samsung Pay is Available for MasterCard Cardholders

With the holidays upon us, shoppers are looking to conveniently check off their gifting lists. MasterCard cardholders from New York to California and everywhere in between now have the opportunity to leverage a simple and secure mobile payment option this holiday season as several new banks and credit unions are now live with Samsung Pay.

Wednesday, December 16, 2015 - 08:50
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Nixu and Nokia Networks Agreed to Develop and Deliver Cybersecurity

Nixu Corporation and Nokia Networks have entered an agreement to collaborate on developing and delivering cybersecurity services for Nokia's clients worldwide. For cybersecurity company Nixu widening international market reach is a strategic way of reaching growth targets.

Wednesday, December 16, 2015 - 07:52
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M&T Bank Customers to Implement Android Pay

Beginning today, M&T Bank customers can add their M&T Bank debit or credit card to Android Pay, the convenient way to pay with an Android phone. The free new service from Google allows customers to use their Android phone (running 4.4 or higher) to pay for purchases at more than one million stores across the U.S.

Wednesday, December 16, 2015 - 07:18
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Silicon Valley Bank Announces UK Holds the Key to Expansion for Fintech Innovators

 Last week, 68 UK fintech leaders shared their 2016 predictions at a fintech event hosted by Anthemis and Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors. Six fintech experts from Stripe, Anthemis, GoCardless, Passion Capital, Funding Circle and SVB sat on a panel at the event.

Tuesday, December 15, 2015 - 13:37
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