The mobile payments company Fortumo is today announcing the launch of Hosted Direct Carrier Billing (HDCB). The new payment product allows any digital content merchant to use the most advanced features of direct carrier billing, including dynamic pricing, 2-step and token based charging as well as recurring payments capabilities.

After the economic crisis shook the world in 2008, a wave of consumer protection initiatives hit the global financial industry like a tsunami. More than ever before, it became crucial to protect customers from bad investments, losses, and illegal conduct perpetrated by financial institutions.

CCH Tagetik, part of Wolters Kluwer, a global provider of leading software solutions and information services for professionals, announced the availability of its IFRS solution portfolio, created to help finance teams meet the significant new and evolving reporting standards. CCH Tagetik IFRS 9, CCH Tagetik Revenue Accounting (IFRS 15), CCH Tagetik Lease Accounting (IFRS 16) and CCH Tagetik IFRS 17 solutions help professionals get compliant quickly, efficiently and confidently.

 Misys today unveiled its retail banking private cloud solution for the German market, at a company event in Frankfurt. The pre-configured and localised Misys FusionBanking Essence solution delivers core and digital banking functionality on the Misys FinCloud in line with regional specificities including language, currency and regulatory frameworks.

Many challenges will face organisations meeting their reporting obligations under MIFIR, none more so than the initial identification and verification of trades required to report. 

The provision of reliable data to determine whether a trade must be reported often proves onerous and difficult. 

UnaVista, as part of our MIFIR Trade Reporting suite of products, is offering an eligibility data file which can be used by firms not only to determine trade eligibility under MIFIR but also enrich their reference data.

This will include:

Tata Consultancy Services, a leading IT services, consulting and business solutions organization, announced that Mercantile Bank Limited (MBL), South Africa, has successfully transformed its banking operations with TCS BaNCS Digital. 

Sopra Banking Software, a trusted partner for banks, and Axway, a catalyst for digital transformation, are preparing a digital platform that aims to create new customer experiences while enabling financial players to comply with PSD2.

Global payments technology company, Visa, has begun a six-week intensive awareness building and training program for more than 18,000 UAE merchants aimed at accelerating the adoption of contactless payments across the country. 

Waves, a Russian-made crowdfunding platform, is now available in the Microsoft cloud. By expanding the capabilities of its Blockchain as a Service, Microsoft will enable millions of developers of blockchain solutions to quickly launch crowdfunding projects.

Telenor Hungary has announced the launch of new tap-and-pay functionality in its Telenor Wallet application.