Survey Highlights the High Price Paid by Banks for Lack of Transparency into their Trade Expenses
- 2 years 7 months ago
- Trading Systems, Payments, Banking
Global investment banks are spending vast sums each year on their brokerage fees and billing operations but data challenges, lack of automation and legacy technology make it difficult to fully understand and therefore optimise their spend across the organisation. According to an independent survey1 conducted by Meritsoft, a Cognizant company and leading innovator in the field of post-trade process automation, these issues are impacting capital... more
PayU Partners with AU10TIX to Streamline Merchant Onboarding
- 2 years 7 months ago
- Payments
Strategic collaboration to ensure a seamless identity verification process for PayU merchants
Crypto Miners were the most Detected Malware Family in H1 2021
- 2 years 7 months ago
- Cryptocurrencies
Cryptojacking is the unauthorized use of someone else's device to mine cryptocurrency. It typically happens when a victim unknowingly installs cryptocurrency miner malware through a phishing link, malicious website, or software download, enabling the criminals to access the victim's device.
Robocash Group launches personal loan app UnaCash in the Philippines
- 2 years 7 months ago
- Payments
Robocash group, a global fintech holding, rolls out the mobile application UnaCash to offer a seamless experience of getting a cash loan without leaving home or work. This application laid the groundwork of the digital bank UnaBank in the Philippines.
A third of UK Families are Struggling to Pay off Outstanding Debts since Lockdowns Began
- 2 years 7 months ago
- Payments
32% of UK households with children have struggled to pay down outstanding debts since March 2020, compared to 16% of those without children UK households report that their outstanding debt is nearly £9,500
Entrust Empowers Digital Financial Card Issuance with Acquisition of Antelop Solutions
With the Antelop acquisition, Entrust will make it easy for banks to add secure, fully digital credit and debit cards to their mobile wallets – enabling an integrated approach to the payments ecosystem and flexibility for issuers and cardholders
Mastercard Completes Planned Board Leadership Transition: Ajay Banga to Retire December 31, 2021 and Merit Janow Named Independent Chair of the Board
- 2 years 7 months ago
- Payments
Mastercard (NYSE: MA) today announced that Ajay Banga, Executive Chairman, will retire on December 31, 2021. The Board unanimously elected Merit Janow, currently Lead Independent Director, to serve as non-executive Independent Chair of the Board of Directors, effective January 1, 2022.
ACI Fraud Management Incremental Learning Technology Receives Full Patent Approval
- 2 years 7 months ago
- Management, Payments, e-Payments
Innovative industry-first approach to machine learning considerably enhances fraud protection for merchants and financial institutions
Embedded Finance Expected to Net €720Bn for European Brands by 2026, but Barriers Exist
Fresh data from OpenPayd reveals brand appetite for embedded financial services across UK, France, Italy, Germany and Spain
Bitcoin’s 5-year ROI Outperforms Major Banks Stocks’ by Over 4000% on Average
- 2 years 7 months ago
- Bitcoins
Bitcoin's growth in recent years has resulted in investors reaping significant returns with the asset's rising value. The growth in Bitcoin's return on investment has seen the asset outperform stocks by major banks.
Payhawk Announces Integration with Apple Pay
- 2 years 7 months ago
- Management, Payments
A safer, more secure and private way to pay with iPhone and Apple Watch
TrueLayer Raises $130m to Accelerate the Adoption of Open Banking Payments Globally
- 2 years 7 months ago
- Open Banking, Payments
Latest raise led by Tiger Global Management LLC with participation from global payments technology firm Stripe. Brings the total raised to date to c$270m. TrueLayer processes billions in payments, with 400% growth in payment volume and 800% growth in monthly payment value as the company expands across Europe and doubles its customer base.
Pensionhelp Selects Comentis to Help Identify and Support Vulnerable DB Transfer Customers
- 2 years 7 months ago
- Payments
Pensionhelp will deploy Comentis’ vulnerability assessment technology The leading provider of DB transfer advice will be utilising Comentis’ Cognitive Assessment Engine to detect vulnerability and direct customers to appropriate support
Monneo Enlists Coinbase to Allow Invoices to be Paid in Crypto
- 2 years 7 months ago
- Cryptocurrencies
Monneo, regulated by the Financial Conduct Authority (FCA), a virtual IBAN and corporate account provider, has enlisted cryptocurrency exchange Coinbase, in a move that will enable payment of invoices in a range of cryptocurrencies. The new service will be available for B2B invoice settlement and is supported by two of Monneo’s partner banks. Coinbase, a secure online exchange platform for buying, selling, transferring, and storing digital... more
Cabital Announces Sepa Integration
- 2 years 7 months ago
- Payments
Cabital, a leading digital assets institution, today announces that it has added the European Union’s Single Euro Payments Area (SEPA) to its growing list of payment methods, enabling customers to seamlessly change between euros and cryptocurrencies and generate high-yield passive income.
