Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets
- 6 years 9 months ago
- Money Transfers
Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, has teamed up with
IBM Blockchain World Wire, a New Global Payment Network, to Support Payments and Foreign Exchange in More Than 50 Countries
- 6 years 9 months ago
- Blockchain
MONEY 20/20: IBM (NYSE: IBM) today announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified network, while...
SEB SELECTS DTCC’S GLOBAL TRADE REPOSITORY IN SUPPORT OF ITS SFTR OBLIGATIONS
- 6 years 9 months ago
- Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Skandinaviska Enskilda Banken AB (SEB) has selected its multi-award winning Global Trade Repository (GTR) service in order to meet their regulatory obligations under the Securities Financing Transactions Regulation (SFTR), which is expected to apply from April 2020.
DER Touristik UK appoints CodeGen to power
- 6 years 9 months ago
- Infrastructure
DER Touristik UK has appointed travel technology company, CodeGen, to provide its end-to-end reservations system, TravelBox, to power premium long-haul travel brand Kuoni in the UK market as part of its digital transformation strategy. The TravelBox platform, which enables travel companies to draw content from multiple sources and create bespoke, multi-centre holiday itineraries, will replace Kuoni’s current system later this year.
Databarracks: UK should follow the US’ lead in IoT cyber-security legislation
- 6 years 9 months ago
- Security, Data
A bill to secure government use of IoT technologies was introduced to the United States Congress last week.
Using advanced AI to stay ahead of cybercriminals
- 6 years 9 months ago
- Artificial Intelligence, Security
As the threat landscape continues to evolve rapidly, it now includes increasingly sophisticated, zero-day malware that traditional security approaches can no longer keep pace with. As a result, security researchers estimate that the cost of cybercrime will outpace security spend by over 16X, reaching $2.1 trillion by the end of 2019. Staying ahead of today’s accelerated cybercrime trends requires adding artificial intelligence (AI) to an...
Sbanken chooses Nets to support open banking
- 6 years 9 months ago
- Banking
Norwegian bank Sbanken has selected Nets to support open banking with Nets Access to Account Services (NAAS) - a single platform that enables access to banks across the Nordics and Europe.
FIS and Worldpay to Combine to Accelerate the Future of Finance and Commerce Globally
- 6 years 9 months ago
- Payments
FIS™ (NYSE: FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its entry into new geographies.
EBS Quant Analytics Platform Introduces FX Market’s First API Streaming Service
- 6 years 9 months ago
- Trading Systems
EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, today announced it will launch a new API streaming service on the EBS Quant Analytics platform (previously known as NEX Quant Analytics), the FX market’s largest and most comprehensive community-based analytics tool.
FSS Launches Secure3D
- 6 years 9 months ago
- Payments, Authentication Technology
FSS (Financial Software and Systems), a global digital payment and financial technology company, has launched FSS Secure3D, its new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. This award-winning product is amongst the top 20 products globally, to be EMVCO 3DS 2.0 certified.
Cybersecurity Company Nixu Strengthens Leadership in the Swedish Market
- 6 years 9 months ago
- Security
The acquired cybersecurity business unit is focused in hunting and detecting breaches and threats in their clients’ networks as a continuous managed service. This business and client relationships help Nixu to strengthen its market position as one of the largest cybersecurity service providers in the fragmented Swedish market. Nixu has earlier acquired three companies in Sweden since entering the Swedish market in 2016. The acquired...
Robocash Group and Reliance Finance launch a sharia compliant fintech service in Indonesia
- 6 years 9 months ago
- Compliance, Infrastructure
Robocash Group announced the launch of sharia compliant service Penyaluran Dana Syariah (PDS), which is a sharia compliant funding facility. The service has been developed from the ground up in partnership with the financing company Reliance Finance and close consultation with Sharia Supervisory Board (Dewan Pengawas Syariah).
WeChat Scan & Go Wins iF Gold Award, the First from China in Service Design Category
- 6 years 9 months ago
- Payments
WeChat, one of the world's most popular mobile apps and social networks, brought home iF Gold Award for its smart retail innovation, Scan & Go. It is the first ever Chinese product to win gold in the iF Service Design category. Established in 1953, the German-based iF Design Award has always been known for its "Independent, Rigorous and Reliable" standards.
ING Italy to strengthen compliance
- 6 years 9 months ago
- Compliance
ING has been informed by the Banca d'Italia of their report with conclusions regarding shortcomings in AML processes at ING Italy. ING will analyse the findings from an inspection conducted from October 2018 until January 2019 and will discuss them further with the Banca d'Italia. In line with the enhancement programme announced last year, it is taking the necessary steps to improve processes and management of compliance risks as required by the...
EBS Quant Analytics Platform Unveils First API Streaming Service for FX Markets
- 6 years 9 months ago
- Trading Systems
EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, today announced it will launch a new API streaming service on the
