Western Union Digital Expands to Seven Countries Across the Middle East
- 4 years 11 months ago
- Transaction Banking
The Western Union Company’s global digital money-moving capabilities are making significant headway across the Middle East, with seven countries now offering online services, connecting customers to their famili
Investment app tickr marks major growth milestone with crowdfunding campaign
- 4 years 11 months ago
- Management, Investment Management, Wealth Management, FinTech StartUps, IT Innovations
Investment app, tickr, is today launching its crowdfunding campaign on leading investment platform Seedrs. Funds raised will be used to accelerate user acquisition, while building several new features including a visual newsfeed giving users an interactive overview of the companies in their portfolio and the work they are doing to make an impact on the world. tickr’s user statistics demonstrate the scale of appetite for disruption in the... more
United Bulgarian Bank Selects OneSpan to Help Fight Social Engineering and Mobile Malware Attacks
- 4 years 11 months ago
- Security and Compliance, Transaction Banking
OneSpan™, a global leader in software for trusted identities, e-signatures and secure transactions, today announced that United Bulgarian Bank (UBB) has deployed OneSpan’s Mobile Security Suite and Cronto technology to securely sign transactions and to protect the bank’s mobile banking application. This integration will help UBB meet PSD2 requirements related to strong customer authentication that come into effect September 2019.
ONPEX and OnerWay Partner to Deliver Seamless Marketplace Settlements
- 4 years 11 months ago
- Transaction Banking
ONPEX, a leading provider for multi-currency IBAN accounts, has partnered with Ronghan International Limited – the UK-based and regulated division of the Chinese financial service provider OnerWay.
Eurasian Bank Modernizes Cash Management with Fiserv
- 4 years 11 months ago
- Cash management
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Kazakhstan-based Eurasian Bank will streamline and automate its cash management processes with technology from Fiserv.
HSBC and Walmart Join Forces on Sustainable Supply Chain Finance Programme
- 4 years 11 months ago
- Supply Chain Finance
HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance. This global programme allows Walmart’s suppliers who demonstrate progress in Walmart’s Project Gigaton or Sustainability Index Program to apply for improved financing from HSBC based on their sustainability ratings.
Surecomp Inaugurates SureLab Innovation Center
- 4 years 11 months ago
- Trade Finance
Surecomp, the global trade finance fintech leader, announced today the inauguration of SureLab, Surecomp’s newly established innovation lab. SureLab was established to centralize Surecomp’s digitization initiatives thereby enabling Surecomp to maintain its position at the forefront of trade finance innovations. SureLab aims to introduce new technologies to the digital trade finance arena.
UK Fintech Kantox Closes €5 million Venture Debt Financing Agreement with Silicon Valley Bank
- 4 years 11 months ago
- Foreign Exchange
Kantox, a leader in FX management solutions for businesses, has just closed its second venture debt financing deal with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses, enterprises and their investors. The €5 million loan package is the second deal agreed between Kantox and SVB, with the first announced in December 2017. The new financing agreement underscores the appeal of Kantox’s growth story and SVB’s track... more
BNY Mellon Global Survey shows that technology and regulatory revision help to reduce the trade finance gap
- 4 years 11 months ago
- Trade Finance
BNY Mellon released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade providers and other market participants responding to its survey.
Mobile application Exscudo Channels adds SEPA/SWIFT support to allow transactions from bank accounts to the app
- 4 years 11 months ago
- Transaction Banking, Payments
We are excited to announce that SWIFT and SEPA withdrawals and deposits have already been implemented and fully functional in the Exscudo Channels App. The function is available worldwide with the exception of the US and select countries. Thanks to the SEPA and SWIFT support our customers are able to top up their Channels balance by making a bank transfer in Euro, USD or any other fiat currency.
A step ahead of the rest: Hand Dyed Shoe Company claims crown in Klarna’s ‘Smoooth Stores’ competition
- 4 years 11 months ago
- E-Commerce, Transaction Banking, Payments
With entries received from all over the UK, a visit from Hugo Taylor and a competitive voting period which saw over 5,000 votes cast by the public, The Hand Dyed Shoe Co. was crowned the winner of Klarna’s ‘Smoooth Stores’ initiative at last night’s star-studded awards.
UTP Merchant Services expands Hastings branch creating 50 new jobs
- 4 years 11 months ago
- Transaction Banking, Payments
UTP Merchant Services, a leading credit and debit card payment solutions specialist, has expanded its Hastings branch creating fifty new jobs in the area in order to support business growth. Supported by Locate East Sussex and backed by a 'Growth Capital Funding’ grant from East Sussex Council, the expansion will see UTP Merchant Services recruit 50 new telesales staff, to be based on another floor of their current Ocean House branch in St.... more
Vayana Network enables Rs.15000+ Crores in Trade Financing
- 4 years 11 months ago
- Trade Finance
Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, announced that it has facilitated over Rs.15000 crores in trade finance. Vayana’s digital Network enables businesses and their trade partners get easy, convenient and fair-priced access to financing from Financial Institutions (FIs), such as Banks and NBFCs.
Temenos Releases 2019 State of Digital Sales in Banking Report
- 4 years 12 months ago
- Transaction Banking, Banking
Temenos (SIX: TEMN), the banking software company, today unveiled the findings of its 2019 Digital Sales in Banking Report. The report, now in its fourth year, compares the digital account opening capabilities of 60 large and representative mid-size banks in North America, Europe and Australia, measuring both the breadth of offerings and the quality of the customer journey. Banks arriving at the digital promised land
Crealogix Research: Consumers ‘zoned out’ from almost 61 million UK bank accounts
- 4 years 12 months ago
- Transaction Banking, Banking
More than half of all UK consumers have at least one bank account they no longer use, but have not yet closed. The research, commissioned by CREALOGIX, found that banking customers are also increasingly opening new accounts with challenger banks because they offer personalised features that consumers are looking for.