First Trust to Launch the First Trust Horizon Managed Volatility ETFs
- 8 years 10 months ago
- Fund Management
First Trust Advisors L.P. (“First Trust”) have launched two new exchange-traded funds (“ETFs”), the First Trust Horizon Managed Volatility Domestic ETF (NYSE Arca: HUSV) and the First Trust Horizon Managed Volatility Developed International ETF (NYSE Arca: HDMV) (the “funds”). The funds seek to provide capital appreciation while attempting to mitigate volatility using a proprietary quantitative and rules-based investment process.
BlackRock Unveils BlackRock Impact Bond Fund
- 8 years 10 months ago
- Fund Management
BlackRock has launched the BlackRock Impact Bond Fund (‘the Fund’), a mutual fund that aims to generate competitive financial returns while investing in measurable social and environmental outcomes. The Fund will trade under the ticker BIIIX. The Fund will be the first broadly available U.S. fixed income fund launched by BlackRock since the formation of BlackRock Impact, the firm’s $200 billion sustainable investing platform.
OTC Markets Group Welcomes TGR Financia to OTCQX
- 8 years 10 months ago
- Trading Systems
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, announced TGR Financial, Inc, the holding company of First Florida Integrity Bank headquartered in Naples, Florida, has qualified to trade on the OTCQX® Best Market. TGR Financial upgraded to OTCQX from the Pink® market.
Innotribe Launches Global FinTech Hubs Federation to Boost Innovation in Financial Sector
- 8 years 10 months ago
- FinTech StartUps, IT Innovations
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than 20 countries - including Canada, China, Germany, Mexico, Switzerland, and the United Kingdom, to name a few – are participating in the GFHF, with more countries...
PNC Upgrades ATM Security with Chip Card Capability
- 8 years 10 months ago
- ATMs
PNC Bank is rolling out upgrades to its 9,000 ATMs to improve security and convenience for customers. The upgrades enable ATMs to read EMV, or "chip" cards, which are harder to counterfeit than traditional magnetic stripe-only cards, according to Ken Justice, senior vice president and ATM executive. The rollout will be completed by mid-September. "Customers will experience enhanced security with their ATM transactions due to the unique...
OT’s Leading eSE Gets 4 New Certifications for Biometric-Compliant Payment and for Transport
- 8 years 10 months ago
- Security and Compliance, Payments
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces that its embedded Secure Element, PEARL by OT®, is the first eSE worldwide to be certified by Visa, MasterCard and Amex for biometric-compliant payment applets (VISA VMPA v1.4, MasterCard MCM v1.1 and AMEX v2.0), as well as by OSPT Alliance (CIPURSE™ V2) for urban transport applications and value added services.
Entersekt Apoints IST Networks as Reseller in the Middle East and Turkey
- 8 years 10 months ago
- Banking, Infrastructure
Entersekt, an innovator in mobile-enabled digital banking security, today announced a partnership with IST Networks. A leading systems integrator in the Middle East, IST now offers Entersekt’s Transakt technology to banks and other enterprises operating in the region.
TestPlant Transforms Software Quality for Bendigo and Adelaide Bank
- 8 years 10 months ago
- Infrastructure
TestPlant, the maker of the eggPlant range of software quality tools, today announced that it has delivered a test automation solution for Bendigo and Adelaide Bank that has achieved outstanding results.
Kickstart Accelerator Gathers International Tech Talents
- 8 years 10 months ago
- IT Innovations
Today Zurich will host 30 international startups at an official opening for the Kickstart Accelerator, an initiative of DigitalZurich2025. The shortlisted startups will meet the programme’s 25 corporate partners and mentors, including the French multinational insurance firm AXA, Swiss multinational financial services companies Credit Suisse and UBS, Switzerland’s largest ICT provider Swisscom, the largest food retailer and producer Migros, the...
Wirecard Partners with topbonus in the Field of Loyalty and Credit Cards
- 8 years 10 months ago
- Payments
The Wirecard Group is now collaborating with topbonus, the frequent flyer program of airberlin. The deal includes a MasterCard credit card for topbonus participants in Austria. With the airberlin & NIKI MasterCard, customers can collect one award and status mile for each Euro spent on the credit card. Users can easily redeem these miles for flights with airberlin and NIKI or for additional rewards, starting with as little as 7,500 award...
Microcred Upgrades Clients to full Temenos MicroBanking Suite
- 8 years 10 months ago
- Banking, Infrastructure
Temenos, the software specialist for banking and finance, today announces that Microcred Group, the provider of financial inclusion solutions to clients in Africa and China, is moving forward with a new license for Temenos MicroBanking Suite to support its strategy for growth and product diversification.
Mastercard Brings Latest Payment Technology to The Barclays
- 8 years 10 months ago
- Payments
Spectators at The Barclays will have the chance to use the latest payment technology from Mastercard throughout the course or while visiting the Mastercard Club this week in Farmingdale, NY. Concession and merchandise point of sale locations throughout the Black Course at Bethpage State Park will accept contactless payments—including the enhanced Masterpass digital payment service the company launched last month. Additionally, the public...
KGI Securities Benefits from Horizon Automated Trading
- 8 years 10 months ago
- Trading Systems
Horizon Software (Horizon), the leading global technology provider for electronic trading and investment management, today announced that
Nordea and DNB Combine Operations in the Baltic
- 8 years 10 months ago
- Banking
Nordea and DNB have entered into an agreement to combine their operations in Estonia, Latvia and Lithuania to create a leading main bank in the Baltics with strong Nordic roots.
Coupa’s Platform Manages Billions in Corporate Spend
- 8 years 10 months ago
- Cloud
Coupa Software, a leader in cloud-based spend management, announced today that its award-winning platform has been used by its customers since Coupa’s inception to bring more than $250 billion of cumulative spend under management, which Coupa estimates has resulted in more than $8 billion of customer savings to date, based on applying certain savings rates derived from industry benchmarks.
