NetClearance Brings IoT Payments to the Point-of-Sale
- 8 years 2 days ago
- Payments
Netclearance, providers of the world’s biggest network of smart Bluetooth payment terminals, today unveils the world’s first commercially available Bluetooth 5 payment beacon. mBeaconSAM comes in a mini SIM-card sized smart card that fits into existing card reader terminals and will enable them for IoT payments transactions. The device brings three key benefits to merchants and financial institutions:
BlueRock Wealth Management Offers Digital Safekeeping with FutureVault
- 8 years 2 days ago
- Wealth Management
BlueRock Wealth Management Inc., a trusted wealth management firm that provides personalized financial advice and services, has announced that it is offering FutureVault’s Digital Collaborative Vault – called the BlueRock Vault – as an exclusive service to its executive and high-net-worth clients.
The ai Corporation Releases Machine Learning Tools to Combat ACH Fraud
- 8 years 2 days ago
- Risk Management
Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.
Blockchain Bank Babb Welcomes Ripple advisor as CTO
- 8 years 2 days ago
- Banking
Blockchain-based banking startup BABB has today announced the appointment of blockchain heavyweight Dr. Anish Mohammed, who has joined the team as CTO & CSO to spearhead the launch of the world’s first blockchain-based bank account.
Dutch Regulator Fines ABN Amro Credit Card Arm for Lending Failings
- 8 years 2 days ago
- Infrastructure
The Netherlands Authority for the Financial Markets (AFM) today announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March 2017, ICS took the initiative itself and prepared a compensation plan for the clients concerned. The EUR 2.4 million fine relates to shortcomings in ICS’s lending practices from June 2012 to March 2015. Some ICS clients were given credit limits...
Circle Strives to Ease the Cost and Pain of Cross-border Consumer Payments
- 8 years 2 days ago
- Payments
Today, Circle customers in the US, UK and Europe now have the ability to send and receive money instantly across borders with no fees and no markup on foreign exchange rates. For the first time, sending money across borders is just like sending email or sharing photos: free and instant. It’s another step in our mission to tear down borders and barriers to sending money anywhere in the world. Other news we’re sharing today includes:
Park Square Goes Live on thinkFolio from IHS Markit
- 8 years 2 days ago
- Infrastructure
IHS Markit, a world leader in critical information, analytics and solutions, today announced that Park Square Capital (“Park Square”), one of Europe’s leading independent credit providers, has gone live on its order management and portfolio modelling system, thinkFolio.
Organisations Increase Reliance on Open Source and Acknowledge Risks, But Efforts to Secure and Manage It Effectively are Lagging
- 8 years 3 days ago
- Infrastructure
The world’s appetite for open source software is voracious. In the last year, businesses around the globe significantly increased their use of open source and although they readily acknowledge growing concerns about open source-related security and operational risks, the effective management of open source is not keeping pace with the increase in use.
InterPost Delivers Faster and More Affordably with Descartes e-Customs
- 8 years 3 days ago
- Infrastructure
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that InterPost, a long established wholesaler for international mail and the e-Commerce parcel industry, has improved the efficiency of its customs clearance service using the Descartes e-Customs(TM) solution.
InvestHK’s 2nd Hong Kong Fintech Week to Showcase City’s Unique Qualities, Fintech Advances and Market Access
- 8 years 3 days ago
- Infrastructure
Hong Kong will host its second annual Hong Kong Fintech Week from 23 to 27 October 2017 at the Hong Kong Convention and Exhibition Centre to accommodate an expanded programme of events and activities that will highlight the distinctive and dynamic qualities the city offers the global Fintech community. This year, Hong Kong Fintech Week will be the first of a series of three consecutive weeks of Fintech activities in Hong Kong to be attended by...
HCL Reveals GDPR Services to Enable Organizations Comply with EU Data Protection Regulation
- 8 years 3 days ago
- Security and Compliance, Regulatory Standards
HCL Technologies (HCL), a leading global IT services provider, announces the launch of General Data Protection Regulation (GDPR) services to help organizations comply with EU GDPR regulation. The new GDPR Regulation which is mandated to be adopted by May 2018, extends the data rights of individuals and requires organizations to develop clear policies and procedures to protect personal data and adopt appropriate technical and organizational...
Banking Services Provider Sepaga Integrates AU10TIX ID Authentication & Customer Onboarding Automation Service
- 8 years 3 days ago
- Banking
Sepaga EMI, licenced by the central bank of Cyprus to provide financial services for liquidity and foreign exchange, has integrated AU10TIX 2nd generation ID authentication and onboarding cloud services. The AU10TIX BOS platform which already powers global majors will help Sepaga streamline customer acquisition, while strengthening fraud protection and KYC compliance and improve operating efficiency.
Avaloq completes transaction with Warburg Pincus to accelerate growth
- 8 years 3 days ago
- M&A Deals
Avaloq, an international fintech company and a leader in integrated and comprehensive banking solutions, announces that it has completed its transaction whereby global private equity firm Warburg Pincus acquires a 35% stake in the group.Under the partnership announced on 22 March 2017, Avaloq will be able to capitalise on Warburg Pincus’ expertise and network in the financial services and fintech sectors to accelerate the company’s long-term...
IBM partners with Finastra to accelerate digital transformation of banking with IBM Cloud
- 8 years 3 days ago
- Banking
Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies. Finastra and IBM plan to bring IBM technology into the Finastra open architecture to enrich the digital retail banking experience and bring new innovations to market.
SafeCharge Enables Businesses to Tap Into Growing WeChat Pay User Base
- 8 years 3 days ago
- Payments
SafeCharge, the leading payments technology company, today announced that it is partnering with Tencent Holdings, the leading provider of internet value added services in China, to add WeChat Pay, the booming payment service of the Chinese messaging giant and China’s most popular social media on its global payments platform.
