Updated Technical Standards for PSD2 and The E-Commerce System
- 8 years 10 months ago
- Compliance
The European Banking Authority recently drafted the latest technical standards for the Payment Services Directive II (PSD2), which serves as the legal foundation for a new cross-EU payments market. In 2016, European e-commerce sales are expected to increase 17% to €183 billion and the use of payment service providers (PSPs) is increasing significantly.
ABBYY Introduces New Way in Document Classification
- 8 years 10 months ago
- Data Management, Market and Reference Data
ABBYY®, a leading provider of technologies and solutions to action information today announced theavailability of ABBYY Smart Classifier on the European market. The new product enables businesses to leverage and act on complex,unstructured information by delivering highly accurate document classification. Based on Compreno®, ABBYY’s innovative natural languageprocessing (NLP) technology, Smart Classifier quickly organises large repositories of ...
Verifone and FIS enable consumers to pay with loyalty points at the retail POS
- 8 years 11 months ago
- Payments
With the goal to increase the value and usability of loyalty points, Verifone (NYSE: PAY), a global leader in payments and commerce solutions, and FIS(NYSE: FIS), a global leader in financial services and payments technology, announced a collaboration to enable consumers to pay with loyalty points linked to their credit or debit cards at the point-of-sale (POS).
Beeks Financial Cloud Joins Equinix Cloud Exchange to Expand Globally
- 8 years 11 months ago
- Data, Infrastructure
Equinix Inc., the global interconnection and data center company, today announced global financial cloud infrastructure provider, Beeks Financial Cloud, has deployed on Equinix's Cloud Exchange as it continues to expand its business globally.
WEX Inc. Announces New Partnership with Enterprise Fleet Management in Canada
- 8 years 11 months ago
- Payments
WEX Inc., a leading global provider of corporate payment solutions, today announced that it has signed a new agreement with Enterprise Fleet Management in Canada. The partnership supports Enterprise's growth in the Canadian market through WEX's Canadian fleet capabilities.
HSBC Private Bank Taps Bloomberg's MARS Collateral Management and Reconciliation Solution
- 8 years 11 months ago
- Management, Infrastructure
Bloomberg today announced that HSBC Private Bank, and more than a dozen corporations and financial institutions, have adopted Bloomberg's MARS Collateral Management and reconciliation solution to comply with new variation margin requirements for non-centrally cleared over-the-counter (OTC) derivatives.
Micro-business Owners Urged Not to Delay When Registering for Self Assessment
- 8 years 11 months ago
- Tax Authorities, Risk Management
Freelancers and micro-business owners who have yet to register their business with HMRC are rapidly running out of time if they want to get their Self Assessment tax return submitted to HMRC, FreeAgent has warned. The company - who provide award-winning cloud accounting software for freelancers, micro-businesses and their accountants - has warned business owners that failing to register for Self Assessment in the next week will mean they are...
Ransom Releases Annual Security Survey for Cyber Attack Prevention in 2017
- 8 years 11 months ago
- Data Protection, Security
Radware®, a leading provider of cyber security and application delivery solutions ensuring the digital user experience for applications in virtual, cloud, and software-defined data centres, has found that hackers and companies agree on one thing: Data is lucrative.
Exchange Data International Reveals Worldwide Cost-Basis Service
- 8 years 11 months ago
- Data
Exchange Data International (EDI), a provider of global security corporate actions, reference data and end-of-day pricing, are pleased to announce today the new Worldwide Cost-Basis service (WCB). The WCB service has been designed to enable users to track both a security’s cost basis, its evolution and all its descendant’s cost basis & evolution up to the current date. This service includes all events that affect cost basis and the number...
"#openspace" and Commerzbank Reveal First Digitalisation Platform for German SMEs
- 8 years 11 months ago
- IT Innovations
With "#openspace" in Berlin-Schöneberg, Commerzbank has developed the first digitalisation platform for small- and medium-sized enterprises (SMEs). As the first of its kind, "#openspace" is a corporate transformation platform for German SMEs and constitutes a long-term cooperation between SMEs, innovation partners, and start-ups with the objective of successfully tackling the challenges posed by the digital future together. At the same time, "#...
Outdated ID Checking Processes Couse for UK Banks to Lose Half of New Online Account Applications
- 8 years 11 months ago
- Retail Banking, Data
Identity confirmation provider HooYu today released its Digital Banking Benchmark Report. The report analyses the online account opening performance of five of the UK’s top retail banks to investigate where banks can improve their online account opening processes. On average, only 53% of online account openings are completed, meaning that 47% of online account opening attempts are left abandoned.
Germany’s largest wholesale bank opts Traxpay to provide automated supply chain financing services
- 8 years 11 months ago
- Transaction Banking, Supply Chain Finance
Traxpay, pioneer in the automation and optimization of B2B financial transactions, and NORD/LB, one of Germany’s largest wholesale banks with extended expertise in the corporate and structured finance businesses and its subsidiary NORD/LB Luxembourg S.A. Covered Bond Bank, today announced a planned cooperation to support the bank’s digitalization strategy. With Traxpay’s Financing Platform NORD/LB will be able to streamline Supply Chain...
Southwest Airlines' Real-time Operations Recovery Tool Is a Winner of 2016 FICO Decision Management Innovation Award
- 8 years 11 months ago
- Infrastructure
Analytics software firm FICO today announced that Southwest Airlines has been awarded the 2016 FICO Decisions Award in the Decision Management Innovation category for its Baker Airline Operations Recovery Optimizer tool. The Baker, as it is referred to by Southwest Airlines, is the airline industry’s first real-time, integrated recovery solver that generates solutions to operational disruptions such as maintenance problems and weather events,...
Linedata upgrades Mfact solution
- 8 years 11 months ago
- Fund Management, Accounting
Linedata the global solutions provider dedicated to the investment management and credit industries, has launched a new version of its award winning fund accounting solution, Linedata Mfact.
Wa! mobile wallet is now secured by Gemalto
- 8 years 11 months ago
- e-Payments, E-Wallets, Banking
Gemalto, the world leader in digital security, is supplying BNP Paribas, a leading European bank, with Mobile Protector, a highly secure solution to protect Wa!, an innovative multi-brand, omni-channel mobile wallet that combines payments, shopping coupons and loyalty programs.
