MoneyGram Considers Proposal of Euronet
- 7 years 11 months ago
- Online Banking, M&A Deals
MoneyGram (MGI) announced today that its board of directors, after consultation with its outside legal and financial advisors, has determined that the unsolicited proposal received on March 14, 2017 from Euronet Worldwide, Inc. ("Euronet") (EEFT) to acquire all of the outstanding shares of MoneyGram Common Stock and Preferred Stock for $15.20 per share in cash on an as-converted basis (the "Euronet Proposal") could reasonably be expected to... more
Payment Cloud Technologies Plans to Expand to African markets
Payment Cloud Technologies (PCT), the London-based FinTech business, has today announced the launch of PCT Africa.
Next-gen transactions digital transformation and FinTech embraces Europe’s leading ATM conference with a fresh look
- 7 years 11 months ago
- Banking, FinTech StartUps, IT Innovations
As retail banking goes through a period of unprecedented change, banks are looking more than ever to cut costs and streamline processes, while discerning customers continue to demand the highest standards in customer care. Self-Service Banking Europe 2017 provides a crucial forum for banks, independent deployers, solutions providers and industry experts to share knowledge and best practice, in order to navigate a course through this challenging... more
Dutch robo-advisor Pritle acquired by BinckBank
Dutch online discount broker BinckBank has acquired robo-advisory startup Pritle for EUR12.5 million.BinckBank says the acquisition provides the momentum for the firm to expand its digital wealth management activities and geographic reach. Founded by former ABN Amro executive Thomas Bunnick, Pritle helps users to define and track their financial operations through automatic portfolio re-balancing and personalised recommendations.
Bank of England launches FinTech Community
The Bank of England's FinTech accelerator programme has introduced a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.
Gadget ransomware warnings highlight opportunity to improve identity authentication
- 7 years 11 months ago
- Trading Systems, Retail Banking, Fraud Detection, Infrastructure
Fraud follows the channels of adoption, but as we get more connected, the easier it will become to prove our identity. This week the National Crime Agency and National Cyber Security Centre reported that a particular kind of security breach, ransomware, has grown significantly over the past year, with the popularity of internet-connected gadgets increasing the risk of attacks for consumers.
ICS Financial Systems to Display at the Sub-Saharan Africa Islamic Finance Convention 2017
- 7 years 11 months ago
- Banking, IT Innovations, Financial
ICS Financial Systems (ICSFS) is the world software and services provider for banks and financial institutions. It will showcase at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda. The event is a new frontier of opportunity of Islamic finance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017.
Entrepreneur Magazine: Intelliber Technologies recognized as one of the best privately held companies in America
- 7 years 11 months ago
- Mobile Banking, Cloud, IT Innovations, Technical, BPM
Small businesses are regarded as one of the banes of being an enterprise. SMB's have their own kinds of challenges and their success majorly depends on the support received from the ecosystem or the visionary strengths of its management team.
Decisions by Nordea’s AGM 2017
- 7 years 11 months ago
- Banking
Today’s Annual General Meeting (AGM) of Nordea Bank AB approved the income statement and balance sheet for 2016 and decided on a dividend of 0.65 euro per share. Accordingly, the record date for dividend would be 20 March 2017.
ICS Financial Systems to Participate at the Sub-Saharan Africa Islamic Finance Convention 2017
- 7 years 11 months ago
- Islamic Finance
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, will be exhibiting at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda, which is a new opportunity of Islamic finance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017.
ING 2016 Integrated Annual Report: Accelerate
- 7 years 11 months ago
- Banking
"Accelerate" is the theme of the 2016 Integrated Annual Report of ING Groep N.V. (IAR) that is published today, together with the Annual Report of ING Bank N.V. The theme demonstrates the accelerating pace of change in technology and other areas that are impacting our customers' lives and their expectations from financial service providers. It also expresses how we, as digital leaders in banking, are accelerating the Think Forward strategy to... more
Sionic Mobile Inks Contract With PaySwag To Support Mobile Loyalty And Instant universal Rewards to the Underbanked
- 7 years 11 months ago
- Payments, Mobile Banking
Sionic Mobile and Customer Engagement Technologies (CET) today announced a partnership to provide mobile loyalty and instant universal rewards to the underbanked.
Teller automation units are core to branch transformation projects
- 7 years 11 months ago
- Banking
Teller assist units reduce the time taken to accurately handle cash transactions, improving efficiency and freeing staff to take on alternative tasks. Banks continue to use teller automation units to improve branch efficiency
South African Peach Payments Offers Seamless Mobile Checkout Solution
- 7 years 11 months ago
- Payments, Mobile Banking
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Peach Payments, a fast-growing South African payment service provider (PSP), will offer merchants a seamless mobile checkout solution with the ACI Mobile Commerce Software Development Kit (mSDK).
Misys is the only vendor to lead in three XCelent 2017 awards in FRTB
- 7 years 11 months ago
- Banking
Misys has been recognised as a leader in helping banks meet the requirements of the Fundamental Review of the Trading Book (FRTB) – winning three XCelent 2017 awards – an achievement unrivalled by any other vendor. The results are detailed in Celent’s recent research report: ‘FRTB and the Upcoming Renaissance in Market Risk Management’.
