Gemalto supports Cathay United Bank, a leading bank in Taiwan, in securing its online banking services. Gemalto's Ezio Mobile suite[1] enables CUB's customers to securely access their bank's services from their PCs, tablets, and smartphones, using their mobiles as authentication device. As a result, CUB is able to offer an enhanced user experience to its customers, save costs, and meet a new government regulation requiring Two-Factor Authentication (2FA)[2].
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PayU, the global online payment service provider, today announces that Citrus Pay, a leading Indian payments technology player, will become part of its Indian operation. PayU’s $130M transaction is the largest ever M&A cash deal in Indian fintech, demonstrating its payments and financial services expansion strategy.
Between July and August of 2016, SilverCloud, Inc., a SaaS company specializing in banking-specific sales and service solutions, signed nine new customers, including First National Bank and Trust, Army Aviation Center Federal Credit Union, Department of C
Jiffy, the service developed by SIA to send and receive money in real time from a smartphone, has topped 400,000 registered users. The average value of an individual transaction is 53 euro, while transfers under 25 euro represent 42% of the total.
AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that a US bank branch in Belgium has gone live with AxiomSL’s central bank reporting as part of a larger project rollout across Europe.
The Global Systemically Important Bank (G-SIB) will use AxiomSL to consolidate their European region data management, capital calculation and statistical reporting onto a single platform, helping to contain the cost of meeting these regulatory challenges.
Today Malauzai announced the latest release of its mobile and Internet banking SmartApps™ for community financial institutions. Known for combining the latest mobile banking functionality with exceptional design, the apps now allow users to further manage card security measures and personalize their digital banking experience.
Key advancements within Malauzai’s latest release include:
The Western Union Company, a leader in global payments, today announced the appointment of Bill Chandler as Senior Vice President and Chief Communications Officer. Chandler served in a similar role over the past decade at Gap Inc., the global retail and digital consumer business.
Chandler started earlier this month and reports to Elizabeth G. Chambers, the Executive Vice President, Chief Strategy and Product Officer, who is responsible for the company’s strategy, product, marketing and communications.
ACI Worldwide's global payment processing solution, ACI Money Transfer System, was awarded the 2016 SWIFT Certified Application for Payments label for the nineteenth consecutive year.
SWIFT’s financial services industry certification acknowledges that Money Transfer System effectively manages SWIFT messages in order to achieve certification.
IMM, a provider of eTransaction automation for the modern business enterprise, announced today that its eWorkflow technology is now fully integrated with Fiserv’s XP2® credit union account processing system. Credit unions can now use IMM’s eWorkflow technology to extend XP2 functionality and further streamline key multistep processes, promoting accuracy and compliance across the credit union.
CIT Group, a leading provider of commercial lending and leasing services, today announced the appointment of Stuart Alderoty, 57, as Executive Vice President, General Counsel and Corporate Secretary. Mr. Alderoty will join CIT from HSBC North America Holdings, Inc. where he served as General Counsel since November of 2010. Mr. Alderoty will begin at CIT once he completes his garden leave from HSBC. He will serve on CIT’s Executive Management Committee and report directly to Chief Executive Officer Ellen R. Alemany.