Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to provide an unaudited trading update for the six month period ended 31 December 2015 (“H1 FY16”).
o Transactional revenues comprised more than 85% of total revenue
Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has commenced production with DOKA 5, Surecomp’s configurable back-office solution for documentary trade finance.
Xura, a leading provider of digital communications services for enterprises, announced its strategic partnership with SMS PASSCODE, a technology leader in adaptive multi-factor authentication. Xura complements SMS PASSCODE’s authentication suite by providing reliable and secure messaging connectivity world-wide, through carrier-grade communications.
HSBC announces $10.5 million investment in New York-headquartered cognitive computing startup CustomerMatrix.
The platform’s proprietary scoring system is designed to help firms capture hidden revenue opportunities in real-time, by recommending specific actions for customer-facing employees and placing these recommendations in their existing workflows, ranked by impact value.
JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. has today announced that China CITIC Bank (CITIC), a leading commercial bank in China, started to issue the first JCB virtual cards for online shopping users[1].
One question that crops up regularly is how do we open source the bank, Chris? The reason is that the bank has built itself over decades through thousands of programmes across hundreds of servers into this massively complex technological spaghetti that cannot be unravelled. That spaghetti has to be serviced by thousands of programmers and developers because it’s all mission critical. Then there are layers of suppliers on top of the internal spaghetti who have also built their legacies upon the bank’s legacies. These suppliers are on versions 7, 8, 9 or 10 of their core platforms, and th
BMO Financial Group has announced an upgrade program of 2,200 full-service ATMs across Canada.
Intelligent touch screens;
The ability to make multi-deposit transactions;
Envelope-free deposits;
An instant on-screen view of scanned cheques and cash (bank notes) and print copy on transaction receipts; and
The ability to set preferences including language and fast cash withdrawal amount.
The service will allow customers of the participating banks to transfer funds using just the recipient's mobile phone number. Banks participating in the venture include the Bank of China (Hong Kong), Bank of Communications, the Bank of East Asia, China CITIC Bank International, China Construction Bank (Asia), Citibank, Dah Sing Bank, DBS Bank, OCBC Wing Hang Bank, Shanghai Commercial Bank, Standard Chartered Bank and Wing Lung Bank.
CaixaBank and its newly-launched mobile subsidiary imaginBank are to be the first in Spain to roll out mobile payments services on Samsung Pay.
The bank says Samsung Pay will be rolled out to customers over the next few months, following internal trials.
With research showing UK businesses are owed a staggering £41.5 billion in late payments, the PACT Scheme is today launching to lead the fight against late payment. The average late payment burden shouldered by SMEs now stands at£31,901.
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