BMO Financial Group Announces an Upgrade of ATM Systems in Canada
- 9 years 4 months ago
- Payments, ATMs, Infrastructure
BMO Financial Group has announced an upgrade program of 2,200 full-service ATMs across Canada. Beginning with a national launch in January, and continuing over the coming months, the upgraded ATMs will provide customers with: Intelligent touch screens; The ability to make multi-deposit transactions; Envelope-free deposits; An instant on-screen view of scanned cheques and cash (bank notes) and print copy on transaction receipts; and The ability...
P2P Mobile Payment System Expands in Hong Kong
- 9 years 4 months ago
- Payments, Mobile Banking
The service will allow customers of the participating banks to transfer funds using just the recipient's mobile phone number. Banks participating in the venture include the Bank of China (Hong Kong), Bank of Communications, the Bank of East Asia, China CITIC Bank International, China Construction Bank (Asia), Citibank, Dah Sing Bank, DBS Bank, OCBC Wing Hang Bank, Shanghai Commercial Bank, Standard Chartered Bank and Wing Lung Bank.
Samsung Pay Enters Spanish Market through CaixaBank
- 9 years 4 months ago
- Payments, Banking, Infrastructure
CaixaBank and its newly-launched mobile subsidiary imaginBank are to be the first in Spain to roll out mobile payments services on Samsung Pay. CaixaBank launched its first mobile payment service, CaixaBank Pay, based on HCE technology, last September. The bank is an active partner of Samsung, however, running a series of promotional campaigns over the past few years to turn customers on to Samsung products, including tablets, televisions and...
PACT Scheme Goes Live to Fight Against Late Payments
- 9 years 4 months ago
- Payments, Infrastructure
With research showing UK businesses are owed a staggering £41.5 billion in late payments, the PACT Scheme is today launching to lead the fight against late payment. The average late payment burden shouldered by SMEs now stands at£31,901.
ProPay and Tabs3 Team Up to Provide Integrated Electronic Payments
- 9 years 4 months ago
- Payments, Infrastructure
ProPay and TSYS company, today announced that Tabs3 Software has integrated with ProPay to deliver a fully integrated client bill-pay solution for law firms. Law firms can accept debit and credit cards or electronic funds transfers with instant online signup and no need to enter payment data twice. There is no longer a need to wait days for traditional merchant account underwriting.
GFT Group Announces Appointment of John Downing as Enterprise Architect
- 9 years 4 months ago
- People Moves
GFT, the leading provider of business, design and technology consulting to the investment banking community, today announces the appointment of John Downing, Enterprise Architect and Programme Manager. John joins GFT with over 20 years’ experience as an entrepreneurial, pragmatic and successful enterprise architect and ProgrammeManager in treasury and investment banking.
Oakam Selects Provenir’s Risk Decisioning Platform
- 9 years 4 months ago
- Risk Management, Infrastructure
Provenir, the risk analytics and decisioning solutions provider, today announces that fintech lender Oakam has chosen its platform to help it deliver rapid, accurate loan decisions to personal customers.
Startupbootcamp FinTech New York Announces Major Strategic Partnership
- 9 years 4 months ago
- FinTech StartUps, Infrastructure
Startupbootcamp FinTech New York, the leading global FinTech accelerator, today announced new partnerships with Deutsche Bank, Route 66 Ventures and WilmerHale, further expanding the participation in its FinTech Accelerator program. The New York FinTech program welcomes them on board to provide expertise, exposure channels, APIs and access to a network of industry professionals, that most early-stage FinTech startups would not otherwise be able...
Fidor Announces Launch of Contactless Debit Cards
- 9 years 4 months ago
- Payments, Banking
Digital-only challenger bank Fidor has launched its first physical product in the UK market, a contactless debit card developed with input from its online user community.
Thomson Reuters Partners with SBC to Bosst Singapore Fintech Market
- 9 years 4 months ago
- FinTech StartUps, IT Innovations
Thomson Reuters announced today it has partnered with Startupbootcamp FinTech to bring technology and market data access to startups undergoing the Singapore accelerator program.
Major Banks Join SWIFT’s Global Payments Innovation Initiative
- 9 years 4 months ago
- Payments, Banking, IT Innovations
SWIFT announces that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from Europe, Asia Pacific, Africa and the Americas. More banks are expected to join this initiative in the coming months.
Fiserv Buys ACI Worldwide's Community Financial Services for $200 million in Cash
- 9 years 4 months ago
- M&A Deals
ACI Worldwide is to exit the community bank and credit union market, selling its Community Financial Services business to Fiserv for $200 million in cash. The transaction includes employees and customer contracts as well as technology assets and intellectual property. Phil Heasley, president and CEO, ACI Worldwide, says the move enables the company to focus resources and energy on the provision of real-time electronic and e-commerce payments for...
Maitland to Act as an AIFM for Fast-growing PERE Sector
- 9 years 4 months ago
- Investment, Infrastructure
Maitland, the global advisory and fund administration firm, is now able to act as an alternative investment fund manager (AIFM) for private equity and real estate (PERE) alternative investment funds. This follows approval for MS Management Services S.A., a Luxembourg-based subsidiary of Maitland, to extend its existing AIFM licence to include PERE funds.
Traiana and Trax Team Up to Offer Repo Matching Service
- 9 years 4 months ago
- Trade Finance
Traiana, a leading provider of pre-trade risk and post-trade processing solutions and Trax, aleading provider of capital market data, trade matching and regulatory reporting services, today announce that they have entered into a business alliance to offer the industry an interoperable Repurchase Agreement (repo) matching service to support efficient, automated, operational processes ahead of significant regulatory change.
ACI Worldwide to Release UP Retail Payments Solution
- 9 years 4 months ago
- Payments, Infrastructure
ACI Worldwide, a leading global provider of electronic payment and banking solutions, today announced the UP Retail Payments solution.
