Elavon, a leading global payments provider and subsidiary of U.S. Bancorp has agreed a new partnership with leading financial services group, Societe Generale, for payments acceptance and acquiring services across Europe.

Societe Generale’s business clients will now have access to Elavon’s cross-border payment capabilities in the United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland. This will complement Societe Generale’s established payments infrastructure (face-to-face and e-commerce) in France.

Ahead of the payment protection insurance (PPI) complaints deadline on August 29th 2019, Corlytics, a global leading provider of regulatory risk intelligence, has revealed that the last kicks of PPI may still be to come for some banks.

An analysis of over 1.25 million complaints, carried out across seven firms with high street operations in the United Kingdom, shows that the deadline has sparked more approaches from consumers. Specific firms also appear to be more susceptible to financial penalties and restitution following this race to the PPI finish line.

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s customer awards. The awards recognize Temenos clients for best practice, achievements and a demonstration of excellence, innovation and a vision for the future of banking.

Outside of the main financial services realm, a multi-billion-dollar global virtual currencies market has rapidly evolved and continues to gather pace. But, whilst virtual currencies have been ‘on the list’ of banks for some years, to date most have taken a hands-off approach.

This is now changing. Some of the larger financial institutions are beginning to formalize their positions. And, thanks to a combination of factors, now is a good time for banks everywhere to follow suit and move the strategic evaluation of this market higher up the priority list.

RISK IDENT has been named “Best Fraud Prevention Company” at the 2019 FinTech Breakthrough Awards, marking a second consecutive win for the leading European anti-fraud company.

The 2019 awards program, which recognizes the leading technologies, companies and products in the global FinTech industry, attracted a record-breaking 3,500+ nominations from across the globe.

Top Image Systems Ltd.

NS&I has today (4 April 2019) confirmed that it is exercising the option to extend its operational services contract with Atos by an additional three years, following the end of the principal contract period from 2014-2021. The contract extension was signed on 28 March 2019 and means that the relationship between NS&I and Atos will continue until 2024.

Banco Consorcio has successfully launched a credit card business with Nexus, the major processor in Chile. The Nexus platform is built on WAY4, a top-ranked digital payments software provided by OpenWay. 
 

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced another step has been taken in the unfolding evolution of the Treasury marketplace.

 PXP Financial, global experts in acquiring solutions, today announces the appointment of Jonathan Bell as Chief Financial Officer.