Today Cisco announced the completion of its acquisition of BroadSoft. BroadSoft accelerates Cisco's cloud strategy and collaboration portfolio by adding the industry's leading cloud calling and contact center solutions to Cisco's leading calling, meetings, messaging, customer care, hardware endpoints and services portfolio.
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Alipay, the world’s largest mobile payment and lifestyle platform, operated by Ant Financial Services Group, today announced that a group of Chinese travelers have concluded the first ever cashless journey to Finland, with all transactions throughout their trip made via their Alipay accounts.
For many of the 68 million workers in the gig and sharing economy in the United States, waiting for a distant payday is a luxury they can’t afford. They have urgent expenses that require payment for their services now.
Living paycheck-to-paycheck, multiple jobs, and loans that fill the gap between paydays is the uncomfortable reality of many freelance workers. The U.S. financial sector is aware of the demand for instant payouts but has been hard pressed to keep up. For companies that rely on these workers, slow paydays make it hard to attract and retain talent.
Thanks to advanced technologies, we now have natural language robotics and facial recognition that can measure and match unique characteristics for the purposes of authentication and identification. With personalised assistance machines, we are more able to detect, prevent and deal with various threats on society. In the digital world, facial biometrics have the potential to be integrated anywhere you can find a camera. This is what we can expect to have next on our mobile phones.
As part of the LHoFT delegation at the Paris Fintech Forum held on January 30 & 31 at the former stock exchange in the very heart of Paris in Palais Brongniart, the Luxembourg House of Financial Technology Foundation (LHoFT) is pleased to announce the signature of a new Memorandum of Understanding (MoU) with the Belgian Fintech hub B-Hive on Tuesday, 30 January.
The Agency for Housing Mortgage Lending («AHML») and Tinkoff Bank have signed an agreement to set up a joint venture to offer mortgage lending on a special electronic platform. The agreement was signed by Alexander Plutnik, CEO of AHML, and Oleg Tinkov, Chairman of the Board of Directors of Tinkoff Bank.
EBC Foundation, the company behind the blockchain Fintech project EBCoin, officially announced that they will launch a new cryptocurrency trading exchange based in Japan.
Vaultbank (www.vaultbank.io), and its technologically advanced and inno
Nearly one month after the implementation of MiFIDII it is maybe time to draw the first practical conclusions. With the initial delay of the Directive to 03rd January 2018, it was expected that asset managers would have taken the delay of an additional year to be ready in time. However, what we actually observed was a sprint during the last few weeks of 2017 to have the Target Market information and Cost disclosures ready.
FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced the appointment of Paul Alves as Senior Vice President, Global FX Business Development, with a focus on expanding the company’s buy-side trading solutions to asset managers.