Calastone Strengthens its Presence in Australasia
- 9 years 1 week ago
- Trading Systems, Transaction Banking, Infrastructure
Calastone, the global fund transaction network, has expanded into New Zealand, bringing critical infrastructure to support smoother transaction flow across Australasia. Calastone Managing Director Australia, Sarah Hayward, said the firm’s extended cross border coverage enables transactions between Australian and New Zealand platforms, fund managers and respective counterparts. “Our expansion has been primarily driven by our Australian clients... more
Questrade Adopts Broadridge's End-to-end Foreign Exchange and Liquidity Solution
- 9 years 1 week ago
- Trading Systems, Foreign Exchange
Broadridge announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge's end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).
Barri and TransferTo Team Up to Boost Mobile Money Transfers in El Salvador
- 9 years 1 week ago
- Transaction Banking, Payments, Mobile Banking
Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador. For the first time, Barri customers in the US will be able to send Mobile Money to friends and family living in El Salvador within seconds.
Horizon Helps First Chinese Brokerage House to Issue Warrants Products
- 9 years 1 week ago
- Trading Systems, Foreign Exchange
Horizon Software announced that Haitong International Securities Group Limited has gone live with Horizon for its warrants trading desk.
HUB24 Joins Itiviti’s Catalys FIX Engine Client Base
- 9 years 2 weeks ago
- Trading Systems, Transaction Banking, FX Contracts, Institutional Trading
Itiviti’s client connectivity solution provides HUB24 with a rich suite of product functionality based on the Catalys FIX Engine. It ensures highly available quality connectivity and an integrated dashboard for real-time monitoring and system configuration management. Itiviti’s Services team has also developed a custom technology adaptor for integration with HUB24’s investment and superannuation platform.
Boku - Direct Carrier Billing Expands in Europe
- 9 years 3 weeks ago
- Trade Finance
Boku announced new carrier partnerships in Germany and Italy to power carrier billing on Spotify. This is an expansion of Boku’s existing global partnership with Spotify that first launched in the United Kingdom and includes every major carrier in Germany and one of the leading Italian mobile operators. With these new agreements, nearly 90 million mobile subscribers across these markets will be able to purchase Spotify Premium subscriptions... more
Remitly Money Transfer Service Expands in Canada
- 9 years 3 weeks ago
- Transaction Banking, Payments
Remitly closed a $38.5 million Series C funding round. Stripes Group led this round and was joined by Vulcan Capital, both new investors in Remitly. Existing Remitly investors also contributed to the round including DFJ, DN Capital, Bezos Expeditions and Trilogy Equity Partners, among others. Stripes Group partner Ron Shah will join Remitly’s board of directors as part of the financing. The new capital will be used to grow Remitly’s team and... more
UK Outruns Singapore As the Second largest Offshore RMB Clearing Centre
- 9 years 3 weeks ago
- Trade Finance
According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by... more
Nxchange Unveils a Next Generation Stock Exchange
- 9 years 3 weeks ago
- Foreign Exchange
The arrival of Nxchange makes it possible to place and trade securities on a regulated platform without the intervention of a bank or broker being required. Companies can activate their network and communities to raise capital both on the central trading platform of Nxchange and using an integrated module on their own websites. A traditional IPO is usually an expensive and complex matter.
Samsung Pay Teams Up with Leading POS Makers to Expand Mobile Payment Adoption
- 9 years 1 month ago
- Transaction Banking, Payments, Mobile Banking
Samsung Electronics announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ point-of-sale (POS) systems during checkout. Samsung Pay is the only contactless payment solution that works at over 90... more
Vendavo Experts Find Lack Of Proper Margin Strategy in Many EU Organizations
- 9 years 1 month ago
- Transaction Banking, Data
European organisations performing ahead of market expectations and creating more value for shareholders place a much greater emphasis on understanding and improving margin than their competitors. This is the key finding from a study published today by profit performance experts Vendavo and Patrick Reinmoeller, Professor of Strategic Management at Cranfield School of Management. The report also highlights a worrying lack of insight into margin... more
New Online Brokerage 'Tradovate' Goes Live
- 9 years 1 month ago
- Trading Systems, Trade Finance, Foreign Exchange
Tradovate, LLC, a new online brokerage firm for active, self-directed futures traders, announced today that the firm is now launched and accepting business. Tradovate is the first futures brokerage firm to offer flat-rate membership fees, dispensing with the industry-standard commission structure.
Deutsche Börse Unveils unscheduled Updates to MDAX
- 9 years 1 month ago
- Trading Systems, Foreign Exchange
Deutsche Börse announced unscheduled changes to MDAX. As a result of the expected acquisition of Wincor Nixdorf AG by the acquirer Diebold, Incorporated, the tendered share line of Wincor Nixdorf AG (ISIN DE000A169QN2) will be deleted and replaced with the prior Wincor Nixdorf AG share line (ISIN DE000A0CAYB2). This change is due to the end of the final tender period of the acquisition from 15 April 2016. This process ensures that the relevant... more
EBA CLEARING Enhances Information Service on its Platform STEP2
- 9 years 1 month ago
- Transaction Banking, Foreign Exchange, Securities Services
Enhanced extended remittance information service successfully activated in the pan-European retail payment system EBA CLEARING announced the activation of an enhanced extended remittance information service on its pan-European automated clearing house platform STEP2. The new service, which took up operations yesterday, supports the inclusion of up to 999 structured invoice and credit note references in a single SEPA Credit Transfer.
Fiserv Makes Wealth Management More Female Friendly
- 9 years 1 month ago
- Transaction Banking, Management, Wealth Management
Cheryl Nash, president, Investment Services of Fiserv, has been appointed to the advisory board of Envestnet Institute On Campus (EIOC) and named executive leader for the Institute’s new ‘Women in Wealth Management’ program. The program is designed to attract college-age women to wealth management careers in order to increase gender diversity in the industry.
