FIS Invites the Next Generation of Banking and Payments Innovators to Apply for its 2024 Accelerator Program
- 11 months 3 weeks ago
- Financial
Global financial technology leader FIS® has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth. The program, now in its ninth year, will select up to ten promising fintech startups to participate in a two-week incubation and 12-week intensive program.
Finastra Hires Chief Technology Innovation Officer
- 11 months 3 weeks ago
- People Moves
Finastra today announced the appointment of Mike Stawchansky to the role of Senior Vice President, Chief Technology Innovation Officer. Mike is working in the Office of the CEO and is responsible for Finastra’s customer technology and innovation initiatives.
Visa and Western Union Announce Expanded Collaboration Transforming How Money Travels Cross-Border
- 11 months 3 weeks ago
- Foreign Exchange
Today, Visa announced a 7-year agreement with Western Union. Under the new deal, Western Union customers will be able to send money to their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions.
Deutsche Bahn and Tink Partner for Enhanced Direct Debit Setups
- 11 months 3 weeks ago
- Banking
Deutsche Bahn (DB), the national railway company of Germany, and Tink, a market-leading payment services and data enrichment platform, have partnered up for direct debit setups. DB enables customers using its modern mobility sharing systems, run by the subsidiary DB Connect, to seamlessly connect their bank accounts for easier account onboarding.
NTT DATA Builds a Center of Excellence on Tuum technology to Drive Core Banking Modernization
- 11 months 3 weeks ago
- Banking, Cloud
NTT DATA, a global business and IT services leader, today announces the launch of a corporate Center of Excellence (CoE), based in Iberia, focused on using cloud-native technology from Tuum to ease deployments and reduce time-to-market for banks looking to replace core systems.
The European P2P Investor is Becoming More “Average”
- 11 months 3 weeks ago
- Investment
Robo.cash analysts studied how the platform's portfolio and investor portrait has evolved since 2017.
Currencycloud Granted ‘In-Principle Approval’ for Major Payment Institution Licence by the Monetary Authority of Singapore
- 11 months 3 weeks ago
- Payments
Currencycloud, a Visa solution and expert in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS). The licence will allow Currencycloud to provide a full suite of intra-regional and international services to Singapore businesses.
Stripe Expands In-person Payment Options for UK Businesses with Tap to Pay on iPhone
- 11 months 3 weeks ago
- Payments
Stripe, a financial infrastructure platform for businesses, has today expanded its in-person payment options by enabling businesses in the UK to accept Tap to Pay on iPhone.
Banking Circle Delivers Innovative Agency Banking Service
- 11 months 3 weeks ago
- Banking
Banking Circle’s latest enhancement to its Agency Banking solution provides Financial Institutions (FI’s) and Payment Service Providers (PSP’s) with a faster and cheaper access point to local payment schemes to expand into further markets. The solution delivers indirect access to EURO local clearing via SEPA Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst) and GBP via Faster Payments Service (FPS).
Only 6% of Retail Banks Have Built an Enterprise Roadmap to Drive AI-driven Transformation at Scale
- 11 months 3 weeks ago
- Banking
The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in advancing AI technology. However, only 6% of retail banks are ready with a roadmap for enterprise-wide AI-driven transformation at scale.
Mastercard and ALEXBANK Announce Partnership
- 11 months 3 weeks ago
- Payments
Mastercard has announced a partnership with ALEXBANK, a bank of the Intesa Sanpaolo group. This collaboration builds on both entities’ shared vision to foster growth, accelerate digitization, and promoting financial inclusion. The partnership leverages Mastercard’s technologies to advance the bank’s payment solutions strategy and enhance the financial services landscape.
Kodex AI Joins The NayaOne Marketplace
- 11 months 3 weeks ago
- Financial
Kodex AI has joined the NayaOne Tech Marketplace. With a proprietary LLM developed for the financial industry, the enterprise-built generative AI platform helps financial institutions reclaim valuable time, simplify processes, and elevate client interactions.
uqudo and Tamara Join Forces to Revolutionize Identity Verification in BNPL Transactions
- 11 months 3 weeks ago
- Digital Identity
Uqudo, the leading digital identity company in the MEA region, has entered into a groundbreaking collaboration with Tamara, a prominent fintech platform in Saudi Arabia and the GCC region. This strategic partnership represents a significant milestone in the financial landscape of the GCC, poised to elevate digital transactions within the BNPL sector.
G2 Risk Solutions and Mastercard Combine AI and Merchant Insights for Superior Transaction Laundering Detection
- 11 months 3 weeks ago
- Artificial Intelligence, AML and KYC
G2 Risk Solutions (G2RS), the leading provider of merchant risk intelligence for the global payments industry, is partnering with Mastercard to provide merchant acquirers with a more streamlined experience to help them reduce transaction fraud.
UK Small Businesses Faced Slower Wage Growth, Late Payments and Soft Festive Sales Period
- 11 months 3 weeks ago
- Trading Systems
Small firms continue to face a challenging macroeconomic environment, as sales growth in the December festive period hit a three-year low, according to the latest Xero Small Business Insights (XSBI) data from global small business platform Xero - which covers the three months to December 2023.
