Paysafe and Mastercard extend strategic partnership
- 6 years 4 months ago
- Payments
Paysafe, a leading specialised payments platform, has today announced an expanded strategic partnership with Mastercard. The new agreement is designed to support Paysafe’s growth and card acceptance in the European Economic Area (EEA) with a particular focus on Paysafe’s card issuing solutions, including its Skrill Prepaid Mastercard® and NETELLER Net+ Prepaid Mastercard®.
Wirecard and Klarna launch joint payment solution for merchants
- 6 years 4 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and Klarna, a leading global payments and shopping provider, announced today the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration through the Wirecard digital financial commerce platform to boost average order value, conversions...
AI Insurtech company Akur8 announces €8m Series A
- 6 years 4 months ago
- Insurtech
AI insurance pricing solution Akur8 has raised €8m in its Series A round from BlackFin Capital Partners and MTech Capital, bringing Akur8’s total funding to €10 million following initial investment and incubation from Kamet Ventures in 2018.
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 6 years 4 months ago
- Banking
Starling Bank founder and chief executive Anne Boden said the business will to make its first monthly profit in “in January or February” of next year. This year is perhaps the most crucial in the well-regarded bank’s short history. Boden has to manage expansion into Germany, France and the Netherlands, maintain the bank’s quality, and produce a profit.
Philippines student team wins Finastra’s global hackathon
- 6 years 4 months ago
- Financial
Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners at Finastra Universe New York.
equensWorldline signs CBCS
- 6 years 4 months ago
- Payments
The Centrale Bank van Curaçao en Sint Maarten (CBCS) has contracted equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, to introduce an Instant Payments (IP) CSM on top of their current clearing & settlement system. This means that all interbank payments in Curaçao, Sint Maarten and Bonaire will soon be processed within ten seconds - 24 hours a day, 365 days...
Ascent Wins 2020 FinTech Breakthrough Award for Best RegTech Startup
- 6 years 4 months ago
- RegTech
Ascent, an AI-driven solution that helps customers automate regulatory compliance, today announced that it has won the 2020 FinTech Breakthrough Award for Best RegTech Startup. FinTech Breakthrough is an independent organization that recognizes the top companies, technologies and products in the global FinTech market through its annual FinTech Breakthrough Awards program. This year’s awards, now in their fourth year, drew over 3,700 nominations.
BMLL wins “Best Data Visualization Service" award at the 2020 FinTech Breakthrough Awards
- 6 years 4 months ago
- Data
BMLL Technologies has won the “Best Data Visualization Service" award at the 2020 FinTech Breakthrough Awards. The mission of the FinTech Breakthrough Awards is to honour excellence and recognize the creativity, hard work and success of FinTech companies, technologies, and products around the world.
Open Banking growth spurs BIAN’s global memberships
- 6 years 4 months ago
- Open Banking
Independent not-for-profit standards association, The Banking Industry Architecture Network (BIAN), today officially welcomes a host of new members to its organisation. This includes a range of banks, consultancies and technology businesses such as, U.S. Bank, Banco de Credito del Peru, Bank Leumi, SPD Bank, UOB, CC&C Solutions, Knowis AG, Deloitte Consulting, SunTec Business Solutions, Technisys, Wipro and ServiceNow.
iDelta launches Open Banking Insights app to help high street banks strike back against online challenger brands
- 6 years 4 months ago
- Open Banking
In response to new regulations on ‘Open Banking’, Edinburgh-based iDelta has launched an app to help bricks-and-mortar banks combat the rapid rise of online challengers such as Revolut and Monzo. Open Banking, which is the UK’s implementation of the European Directive PSD2, requires the UK’s 300 banks and 45 building societies to release customer data to authorised third parties on the say-so of customers. As a result, customers can access their...
Standard Chartered joined digital shipping platform TradeLens
- 6 years 4 months ago
- Blockchain, Banking
Standard Chartered Bank has joined TradeLens, a blockchain-enabled digital container logistics platform, jointly developed by A.P.
Zortrex launches Zortrex Token Vault
- 6 years 4 months ago
- Data, FinTech StartUps
Edinburgh-based Zortrex, a disruptive data security start-up, has launched Zortrex Token Vault. Designed to help organisations reduce the cost and complexity of protecting against data breaches, ensure customer privacy and compliance with ever-changing regulatory requirements, Zortrex Token Vault is a scalable and secure platform that tokenises messages in-line, removing and storing sensitive data such as credit/debit card information at the...
Path Solutions achieves Microsoft Gold Partner Competency for Data Analytics
- 6 years 4 months ago
- Data
Path Solutions, a global Islamic software provider, today announced it has achieved the Microsoft Gold Partner Competency for Data Analytics, demonstrating a best-in-class ability and commitment to meet Microsoft customers’ evolving needs in today’s mobile-first, cloud-first world, and distinguishing itself within the Microsoft partner ecosystem.
Saudi Payments Becomes nexo standards’ First Member from Saudi Arabia
- 6 years 4 months ago
- Payments
nexo standards, the international association dedicated to enabling global interoperability in payment acceptance, today welcomes Saudi Payments as its latest Principal Member and the first in the association’s history from the Kingdom of Saudi Arabia.
TransFICC and SoftSolutions to Provide Connectivity for Interest Rate Swaps
- 6 years 4 months ago
- Trading Systems
TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, and SoftSolutions, the developer of high-performance mission-critical platforms, have announced a partnership to provide clients with connectivity and workflow solutions for Interest Rate Swaps.
