When we launched Mastercard Send in May 2015 as the first-of-its-kind brand agnostic card based push payments platform, we knew we were on to something big – changing the direction of our card network to push funds to accounts using Debit PANs to unlock new transaction pools in P2P and B2C payments.
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ING announced today it has launched ING Ventures, a EUR 300 million fund aimed at investing in fintech companies. To accelerate the pace of innovation, one of ING's strategic priorities, ING Ventures will expand the existing portfolio of investments in the coming four years.
Squirro, the AI-driven context intelligence and data insights solution provider, is opening its first office in Asia, looking to use the new Singapore office as a base from which to target other countries in the Asia-Pacific (APAC) region.
SIX Securities Services has launched Advanced Tax Services – Reclaim, a service to obtain refunds for double taxation of interest and dividends from foreign investments by assuming the entire reclaim process of banks. In this way private investors in Switzerland benefit from a higher return.
Path Solutions today announced that Zain Iraq Islamic Bank for Investment and Finance (Zain Bank), a newly established Islamic retail bank in Baghdad, has selected iMAL Islamic Core Banking System for the launch of its Islamic banking services, as it seeks to tap into the growing demand for Islamic banking products across the country.
I read Phil Stafford’s great article in the FT yesterday about the continued spat between the UK, Europe and the US over the fate of the vast Euro denominated swaps market in a post-Brexit world. The core issue here is all about where this stuff should be cleared but, yet again, common sense plays second fiddle to short-term economic self-interest and politics.
Artificial Intelligence (“AI”) & Machine Learning has moved from a concept in science fiction movies to being used regularly in everyday life (e.g. Siri helping you find useful information, Netflix predicting what movies you want to watch etc.) - so why have we seen so little innovation within the Financial Services Industry (“FSI”)?
Databricks, provider of the leading
iSignthis Ltd (ASX : ISX | DE : TA8), the world leading RegTech for identity verification and payment services, is pleased to announce that it has contracted and commenced the integration of its services with Dialinvest International N.V. which is incorporated, licensed and regulated by the Government of Curaçao under the gaming license number 8048/JAZ. Dialinvest specialises in online slots and has over 1000 slots in their game portfolio.