New Report Reveals How Cyber Attackers ‘Cash Out’ Following Large-scale Heists
- 5 years 10 months ago
- Cybersecurity, AML and KYC
SWIFT and BAE Systems Applied Intelligence today published ‘Follow the Money’, a new report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber-attack.
European Asset Servicing Leader CACEIS Streamlines International Payments with FIS Platform
- 5 years 10 months ago
- Payments
Financial technology leader FIS™ (NYSE: FIS) announced today that it has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole S.A. and Santander, to provide the asset servicing firm with an enhanced payment hub to industrialize payment operations, reduce processing costs and provide a smooth payment experience.
Healix International and SAP Concur Partner to Help Employers Locate and Communicate With Employees During Critical Incidents
- 5 years 10 months ago
- Security, Data
Leading international health and security provider, Healix International, has announced plans to integrate with SAP® Concur® solutions. SAP Concur is the world’s leading brand for travel, expense and invoice management solutions. The new version of the Healix Sentinel Tracker will leverage SAP Concur data to address the safety challenges facing employers with global workforces.
Amazon Web Services Hit $10.8bn in Revenue in Q2 2020, a 29% Jump Year-on-Year
- 5 years 10 months ago
- Cloud
As one of Amazon's strongest-growing business segments, Amazon Web Services, also known as AWS, has witnessed a surge in revenue over the years. According to data presented by https://buyshares.co.nz/, the revenue of the leading cloud services platform worldwide hit $10.8bn in the second quarter of 2020, a 29% jump year-on-year. AWS Annual Revenue Surged by 100% in Two Years
Sterling National Bank and Cashfac Announce Strategic Business Alliance for Launch of New Escrow Account Platform
- 5 years 10 months ago
- Transaction Banking, Cash management
Today, Cashfac, a global provider of back-office cash management software, and Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities. The partnership will deploy Cashfac’s flagship Virtual Bank Technology (VBT) platform, delivered remotely via the Cloud.
VoPay Partners with Currencycloud To Provide Technology Stack to Simplify Cross-Border B2B Payments
- 5 years 10 months ago
- Payments
VoPay, a leader in payment technology innovation, and Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, have announced a partnership to deliver a streamlined, real-time cross-border B2B payments solution.
Apex Partners with Calypso to Provide Middle and Back-office Services to Ardent Financial
- 5 years 10 months ago
- Management, Infrastructure
Apex Group Ltd. (“Apex”), a global financial services provider, announces today that it has been appointed to provide front to back office solutions to FCA regulated global securities dealer Ardent Financial Limited (“Ardent”) using Calypso Technology Inc. (“Calypso”) management and reporting platform. These services will complement Apex’s existing provision of custody services to Ardent.
Featurespace Named to the 2020 CB Insights Fintech 250 List of Fastest Growing Startups
- 5 years 10 months ago
- Cybersecurity, FinTech StartUps
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has been named by CB Insights to its third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology.
mGage Delivers a World-First Mobile Payments Within RCS Messaging Solution to Offer a Conversational Commerce Channel
- 5 years 10 months ago
- Payments
Modulr Becomes First Non-Bank to Launch Confirmation of Payee
- 5 years 10 months ago
- Payments, Cybersecurity, Fraud Detection
The FinTech Modulr has today launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK.
CloudMargin Named to 2020 CB Insights Fintech 250 List of Fastest-Growing Fintech Startups
- 5 years 10 months ago
- FinTech StartUps
CB Insights today named CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, to the third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This marks the second consecutive time CloudMargin was named to the list, this year as one of
MFS Africa Drives Cheaper African Remittances with PaySii
- 5 years 10 months ago
- Payments, Money Transfers
Pan-African cross-border payments leader MFS Africa has today announced its partnership with global money transfer start-up PaySii to help facilitate remittances in Africa. The partnership with MFS Africa will enable PaySii to extend its services to customers who want to send money to mobile wallets in Nigeria, Ghana, Uganda, Cameroon, Rwanda, Ethiopia, Côte d'Ivoire, Zambia, Madagascar, Malawi, Congo, Niger and Benin.
New Free Whitepaper Helps FSI Businesses Achieve Digital Transformation- Fincons Group
- 5 years 10 months ago
- Infrastructure
Today, Fincons Group, an international system integration consultancy with offices in Italy, Switzerland, the UK, France, the U.S. and Germany, releases a new free guide to digital transformation for Financial Services and Insurance businesses. The whitepaper takes stock of digital preparedness in the FSI sector in the aftermath of the Covid-19 pandemic. As social distancing exposed significant lacunae, Fincons Group, analyses the digital...
Encompass Podcast RegTech 2020 Focuses on Efficiency, Transparency, and Respect
- 5 years 10 months ago
- RegTech
What do the terms efficiency, transparency and respect mean in RegTech? That’s what the latest episode of the RegTech 20:20 podcast, from Encompass, asks.
Cornerstone to Acquire FXPress Payment Services
- 5 years 10 months ago
- M&A Deals
Cornerstone Brands is pleased to announce that shareholders have approved the intended acquisition of FXPress Payments Services Ltd, a provider of advanced payment systems as Platform as a Service to SMEs (“FXPress”). The completion of the acquisition is subject to FCA authorisation. Highlights of the transaction agreed at General Meeting
