New Mobile Wallet Solution Might Hold The Trump Cards
- 9 years 3 months ago
- Payments
It says something about the state of the market today that companies are now having to collaborate in order to develop new ideas and technologies that solve the security issues raised by mobile wallets.
M&G Investments partners with SimCorp for Investment Book of Record
- 9 years 3 months ago
- Management, Infrastructure
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that M&G Investments (“M&G”) has selected SimCorp’s Investment Book of Record (IBOR) to provide real-time position information across all asset classes. IBOR will be M&G’s replacement source of high quality position data for managing investment portfolios and client servicing.
New DTCC Data Products service to provide dynamic data provisioning and easier access to DTCC data
- 9 years 3 months ago
- Data, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of a new centralized data provisioning service, DTCC Data Products. This launch will include the expansion of DTCC’s Exchange Traded Funds (ETF) and Corporate Actions ISO 20022 data product offerings.
Shanghai ShenYi Investment Co Implements Orc To Enhance Options Trading Capability in China
- 9 years 3 months ago
- Infrastructure
Orc, the global market leader in electronic trading technology for listed derivatives, today announced that Shanghai ShenYi Investment Co. (ShenYi) has implemented Orc’s Trading Bricks solution to improve trade efficiency for ETF options trading on Shanghai Stock Exchange (SSE).
Payments Council Changed New Trade Association
- 9 years 3 months ago
- Payments, Retail Banking
Payments UK succeeds the Payments Council, which oversaw the successful roll out of mobile payments tool Paym, the Current Account Switch Service and Faster Payments. However a bungled attempt to abolish cheques prompted the government to move to rein in the self-governing body. In its new role, Payments UK says it will work closely with the Payment Systems Regulator (PSR) in its remit to promote competition and innovation across the sector.
Fiserv Clients Recognized by Retail Banker International for Strategy and Innovation
- 9 years 3 months ago
- Retail Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that four of its clients received recognition at the Retail Banker International Awards 2015 for initiatives executed in conjunction with FISERV. The successful banks and their winning categories include: Westpac Banking Corporation for IT Innovation of the Year, HSBC Mexico for Latin American Retail Bank of the Year and PNC Bank...
Deutsche Bourse To Buy SIX
- 9 years 3 months ago
- M&A Deals
Deutsche Boerse (DBAG) is in talks with Swiss Six Group to buy the remaining stakes in their joint ventures Stoxx and Indexium for 650 million Swiss francs ($692 million). The German exchange operator owns 50.1 percent of Stoxx AG and 49.9 percent of Indexium AG.
SIX Payment Services To Launch New Platform
- 9 years 3 months ago
- Payments, Infrastructure
When banks outsource their Issuing Processing, they rely on the expertise of their technology partner in payments as well as technical performance.
Barclaycard expands range of ‘bPay’ wearable payment devices
- 9 years 3 months ago
- FinTech StartUps, Payments
Barclaycard is to roll out a range of wearable payment devices that can be used to make ‘touch and go’ contactless payments across the UK, following a successful launch of its bPay band last year. Following the successful launch of its bPay band last year, Barclaycard unveils three new wearable payment devices – a wristband, fob and sticker.
Western Union To Suspend Its Money Transfer Operations In Greece
- 9 years 3 months ago
- Payments, e-Payments, Credit Cards, Retail Banking
Western Union is to suspend its money transfer operations in Greece as the crisis-wracked country reels from an overnight Government decision to shut all banks and the stock market for six business days and impose restrictions on cash machine withdrawals.
China Construction Bank and Euroclear sign MoU to foster offshore RMB growth
- 9 years 3 months ago
- Trade Finance, Banking
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market. CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the...
French Fintech Startups Bended Together
- 9 years 3 months ago
- Retail Banking
Thirty six fintech startups in France have banded together in a bid to foster a national ecosystem for innovation in financial services.
Reval Survey Shows Corporate Treasuries Pushing Centralization to its Limits
- 9 years 3 months ago
- Risk Management, Corporate, Treasury
Although 73 percent of respondents to a recent Reval survey of more than 200 finance professionals report that they have already centralized control in payments management, 70 percent indicate they will centralize further in 2015.
Lloyds Banking Group Recognised UK’s Digital Leader
- 9 years 3 months ago
- Banking
The 2015 Digital Leaders 100 list honours the highest digital achievements from across the UK’s public, private and non-profit sectors, celebrating individuals and organisations which are leveraging digital to transform the UK’s public services and its social and economic opportunities.
Wells Fargo To Launch a Fusion of Voice and Face Biometrics To Authenticate Mobile Users of Its Commercial Electronics Office
- 9 years 3 months ago
- Authentication Technology, Infrastructure
The new biometric identification feature is being rolled-out to CEO Mobile iPhone app users in 2016. The bank says that identifying a combination of customers’ faces, voices, and mobile devices will make it extremely difficult for bad actors to spoof the true user. “Biometric technology is emerging and accelerating change in financial services,” says Danny Peltz, executive vice president and head of treasury management at Wells Fargo. “We...
