UK Online Card Spending Increased by a Quarter
- 8 years 10 months ago
- Payments
Internet spending has jumped by more than a quarter in the last two years, a new report analysing how the UK uses payment cards online reveals. Card spending on the internet totalled £154 billion in the UK in 2016, averaging £422 million a day, figures from The UK Cards Association show. This is a rise of 28 per cent since 2014, when online spending amounted to £120 billion. Analysis finds one in four card purchases online is on entertainment,...
OSPT Alliance Unveils New Membership Categories
- 8 years 10 months ago
- Infrastructure
Industry association, OSPT Alliance, today launches an ‘Affiliate’ membership category. This is open to all reader and terminal manufacturers, and system integrators active within the contactless market (for example transit, loyalty and access control) to assist the industry in its move towards the next generation of secure, cost-effective and open fare collection solutions. The new membership category has been established in response to...
Esma Advises Commission on Trade Repository Fees
- 8 years 10 months ago
- Infrastructure
The European Securities and Markets Authority (ESMA) has published today its final technical advice to the European Commission regarding supervisory fees for Trade Repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).
BMO Harris Bank Collaborates with Chicago's 1871 on Fintech Mentorship Programme
- 8 years 10 months ago
- FinTech StartUps, Infrastructure
Today BMO Harris Bank announced a partnership with 1871, a leading technology and entrepreneurship ecosystem which is currently home to nearly 500 high-growth digital startups in the Merchandise Mart – that will provide a select group of FinTech startups the opportunity to participate in a three-month mentorship program. The program, called BMO Harris/1871 FinTech Partnership, will provide six selected startups with:
UBS Twint Mobile Payments App Becomes Available
- 8 years 10 months ago
- Payments
UBS Twint is now available in the Apple App Store and Google Play Store. The free app is ideal for everybody with a UBS account or a Swiss credit card of any kind: Twint payments are debited directly to your bank account or credit card.
Dolfin Selects Profile Software To Enable Fully Automated Operational Environment
- 8 years 10 months ago
- Investment Management, Wealth Management
Today Profile Software, an international financial solutions provider, revealed that Dolfin, a London-based investment firm, is managing its asset management operation with Profile’s award-winning platform, enabling a fully automated operational environment.
Visa Profits Jump in Q2
- 8 years 10 months ago
- Credit Cards
Today Visa Inc. announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights:
Sionic Mobile Hires Nat Milburn to Manage Chase Contract
- 8 years 10 months ago
- Payments
Sionic Mobile, provider of the fast-growing Mobile Rewards Marketplace and ION Commerce Engine™ (ICE) mobile loyalty and payments platform, has named Nat Milburn as managing director of Enterprise Development.
Asic Selects Indonesia's OKJ For FinTech Cooperation
- 8 years 10 months ago
- Securities Services, Investment Management
The Australian Securities and Investments Commission (ASIC) and Indonesia's Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets.
GoHenry Assigns Featurespace to Safeguard Funds
- 8 years 10 months ago
- Banking
goHenry, the UK's first fully digital family banking solution designed to help young people manage their money, has appointed Featurespace, the leading machine learning Adaptive Behavioural Analytics fraud prevention company, to safeguard customers’ accounts and reduce fraudulent transactions.
AnaCap Acquires Ellisphere Intelligence Company
- 8 years 10 months ago
- M&A Deals
AnaCap Financial Partners, the specialist European financial services private equity firm, has acquired Ellisphere, a leading French business intelligence company, from Natixis SA.
Datcom Dishes Out Cyber Security Advice Over Breakfast
- 8 years 10 months ago
- Security
Delegates gathered at the Springfields Events & Conference Centre on Wednesday 19th April for the event, organised by Datcom, chartered accountants Duncan & Toplis and Barclays Bank.
Kaizen Wins Queen’s Award for Resolving Banks’ Regulatory Reporting Problems
- 8 years 10 months ago
- Infrastructure
Today Kaizen Reporting is delighted to report that it has won a Queen’s Award for Enterprise, the highest accolade in UK busine
Bloomberg and Bats Europe Partner for MiFID II Reporting
- 8 years 10 months ago
- Wholesale Banking, Regulatory Standards
Today Bloomberg and Bats Europe have reported they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA)[1] to fulfil MiFID II transparency reporting requirements. Under MiFID II, market participants are facing a steep increase of reporting tasks they need to manage, for firm quotes as well as executed transactions, across a wide range of asset classes and within very short...
Suncoast CU to Reveal BIG's SetIt Credit Card Management Tool
- 8 years 10 months ago
- Payments
Today best Innovation Group (BIG), a credit union innovation catalyst with 20 years of payments experience, announced that Suncoast Credit Union has signed to offer SetIt Credit — a card management tool designed to improve cardholder experience in an easy-to-use, secure platform.
