Tieto has signed an agreement with Marginalen Bank to provide PCI DSS certified end-to-end card services. The card solution will be provided as a service using cloud-enabled technology and also include Business Process Outsourcing. The agreement is valid for five years and will provide the bank with a scalable and cost-efficient solution, compliant with the regulatory requirements of the financial industry.

New research from Celent – sponsored by Colt - has found that the appetite for cloud-based services in capital markets has reached a critical point and that cloud is set to become the main delivery model for certain key functions in the near future. The research, entitled ‘The cloud comes of age in the capital markets’ shows that attitudes towards cloud have softened in the last 12-18 months, with participants showing more acceptance of the security, stability and reliability of cloud-based deployments.

Anders la Cour, co-founder and Chief Executive Officer of industry-leading cross border payments innovator, Saxo Payments, has been appointed to the Emerging Payments Association (EPA) Advisory Board for 2017.

Advisory Board members are nominated and elected to the board each year from the existing sponsors based upon their ability to lead and influence the payments industry.  Having been named Emerging Payments Entrepreneur of the Year in October, Anders la Cour was considered a strong candidate to bring a new perspective to the EPA Advisory Board.

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to announce an expanded service with Bank of America Merrill Lynch (“BofAML”), a leading provider of global transaction services.  This service will add numerous new countries and currencies to the bank’s online and file based banking portal, CashPro®, further expanding the bank’s international ACH payment capabilities. BofAML clients can now access cross currency payments in more than 60 countries and nearly 25 currencies.

As is so often the case with some of the lengthy documents that make up the Shakespearean drama that is the MiFID II implementation, the devil is in the detail. The technical standards on position limits for commodity derivatives are a good example.

Digital money transfer service WorldRemit and leading African financial institution Guaranty Trust Bank (GTBank) have launched new money transfer routes to West and Central Africa.

With the WorldRemit app or website, people can now send secure overseas money transfers to any bank account in Benin, Guinea-Bissau, Mali, Niger, Senegal or Togo. Funds will be deposited as CFA Francs.

FMC Chemical International AG and Accuity won the 2016 CFO Innovation Awards, under the Editors’ Choice category for Excellence in Payments Transformation today.

FMC serves the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. FMC worked with Accuity, the leading provider of payments, risk and compliance solutions, to improve its payments processes.

Quest Payment Systems Pty Ltd, an innovative Australian payments provider has collaborated with Alipay, the largest mobile and online payment company in the world, to launch Alipay in Australian stores.

Popular Community Bank, a subsidiary of Popular, Inc. and one of the nation’s premier community banks, today announced the continuation of its Retail Network Transformation initiative with the newly digitally transformed Popular Community Bank branch at 164 East 116th Street in East Harlem, New York City.