JCB Partners with Oceanpayment for Merchant Acquiring Business
- 6 years 5 months ago
- Payments
JCB International Co., Ltd. (“JCBI”), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Oceanpayment Co., Ltd., China’s leading cross-border payment brand, announced that they signed a License Agreement to start JCB merchant acquiring business. In order to strengthen the cooperative relationship, Mr. Hirohiko Sugiyama, Managing Director of JCB International (Asia) Ltd. and Lanny Yang, Co-...
Wirecard and HEYTEA launch mobile app, driving digitalization and improving the customer experience
- 6 years 5 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, has won HEYTEA, China’s most popular tea brand, as a new client in South-East Asia. As part of the collaboration, Wirecard provides seamless payment solutions to customers in all stores in Singapore and Hong Kong via HEYTEA GO, a newly launched mobile app which allows users to order and pay online without waiting in stores. Founded in China in 2012, the tea chain now...
Cybertonica Raises $2 Million Series A
- 6 years 5 months ago
- Cybersecurity, FinTech StartUps
Cybertonica, an award-winning platform using Machine Learning and AI for delivering authentication, risk analytics and fraud prevention to the payments and FinTech sectors, has raised £2 million in Series A funding.
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
- 6 years 5 months ago
- RegTech, Banking
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
Deutsche Bank Bosses In Line For €13m Bonus Despite Fifth Annual Loss
- 6 years 5 months ago
- Banking
Deutsche Bank bosses will still be taking home a bonus this year despite the bank slumping to a bigger than expected €5.7bn (£4.8bn) annual loss. The bank's management board are due to share a €13m "group level" bonus this year even though they surrendered roughly half their variable pay by not accepting individual rewards based on personal targets, sources said. The decision, first reported by Handelsblatt, came as the lender unveiled a...
Investors aged 28-37 years invest in long-term loans most often
- 6 years 5 months ago
- Investment Management
Analysts of the P2P platform Robo.cash have studied the profile of its users investing in long-term loans. Based on the platform’s statistics, they have revealed that most often, loans issued for a period of 12 months are chosen by investors aged 28-37 (41.9%).
MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up
- 6 years 5 months ago
- Payments
MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
- 6 years 5 months ago
- Trading Systems, Cryptocurrencies
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Pleo Upgrades From Prepaid Cards To Credit Cards
- 6 years 5 months ago
- Credit Cards
Pleo is evolving – and perhaps the most important change is our new cards. We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better. But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card. So we made a couple of changes - some big, some small, all good for our users. The benefits of a new Pleo credit card The first thing to know is that we’re...
Unusual Ventures Leads $4M Seed Round For Kloud.io
- 6 years 5 months ago
- FinTech StartUps
Organizations have invested billions into collecting and extracting value from data, yet the IDC recently found that 73% of an organization’s time-to-insight is spent searching for and preparing data, while only 27% is spent on actual analysis.
Baton Systems Raises $4m For 'Blockchain-Inspired' Bank Payments Tech
- 6 years 5 months ago
- Blockchain
Baton Systems, a provider of "blockchain-inspired" bank-to-bank payments infrastructure for connecting multiple ledgers, has topped up its recent $12 million funding round with an extra $4 million from VC Illuminate Financial. Illuminate joins Trinity Ventures, Alsop Louie and Commerce Ventures, which all participated in a Series A round last year. Founded in 2016 as Ubixi, Baton is working to simplify the "remarkably archaic" payments process...
Citi Rolls Out Digital Investment Tool
- 6 years 5 months ago
- Wealth Management
Citi's consumer business has introduced a digital wealth investment tool for clients with as little as $1500 to invest.
Banca Comerciala Romana launched the instant payment service with support from Allevo
- 6 years 5 months ago
- Payments, Banking
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Nordea appoints Ian Smith as Group CFO
- 6 years 5 months ago
- People Moves
Ian Smith, Group Chief Financial Officer (CFO) of Virgin Money UK PLC, will join Nordea as Group CFO and Head of Group Finance. He will also become a member of the Group Leadership Team.
FIME boosts biometrics services with FIDO Alliance accreditation
- 6 years 5 months ago
- Financial
FIME has been accredited to test biometric components in line with FIDO Alliance’s Biometric Component Certification Program. The accreditation enables device manufacturers and solution providers to ensure the quality and performance of biometric authentication solutions including fingerprint, facial, voice, and iris recognition.
