Published
- 08:00 am
Ingenico Group, the global leader in seamless payment, announced today the acquisition of the payment activities of its Ukrainian partner BKC (BANCOMZVJAZOK JSC).
With 40 employees, SST is Ingenico’s portal to Ukraine, through its extensive knowledge of the local market and its strong relationships with leading Ukrainian banks. SST also provides software development services to various entities within Ingenico Group, most specifically in Eastern Europe, Western Europe, and Africa. SST will be integrated within the Banks & Acquirers business unit.
With an installed base of more than 200,000 terminals, the Ukrainian payment terminals market is expected to grow significantly in the coming years. The Ukrainian government has taken several initiatives to promote digital transactions and gradually decrease the use of cash in the economy.
Luciano Cavazzana, SVP EMEA (Banks and Acquirers business unit), declared: "We are delighted to welcome the SST team as part of Ingenico Group. Their knowledge of the local market will be key to unlock the Group’s growth in Ukraine, and their expertise in software development will be a valuable asset for the Banks and Acquirers business unit."
Oleg Zhukov, Director of SST, said: "We have been working hand-in-hand with Ingenico Group for years. Becoming part of the Group will increase our ability to serve Ukrainian banks and retailers with a complete payment offering, leveraging on Ingenico Group’s cutting-edge portfolio of products and solutions."
- 04:00 am
In response to increasing customer demand for its payments, gift, loyalty and membership card services,Thames Card Technology has invested £2m+ in state of the art personalisation equipment. The equipment increases Thames’ card personalisation capacity by 60%, brings loyalty keyfob encapsulation in-house and delivers greater efficiency. The investments follow success in 2016, where Thames doubled its budgeted profit expectation.
“Contactless multi-interface cards have proven to be so successful in the payments market that we are now seeing demand across sectors like gift and loyalty,” comments Paul Underwood, Managing Director at Thames. “This investment allows us to meet this increasing demand and puts us at the forefront of RFID contactless card personalisation. We can now personalise every interface of a card, at high-speed and in one pass, delivering greater efficiency for us and a faster service for our customers.”
Cards with more than one interface – such as contact-based chip, contactless, magnetic stripe and barcode – offer flexibility and convenience for consumers, encouraging greater usage and engagement for brands.
Two new Atlantic Zeiser Persomaster machines offer a high-speed drop on demand (DoD) card personalisation system for all types of plastic card. They streamline and expedite the card production process by encoding data on the magnetic stripe, contact chip and contactless interface, printing information onto both sides of the card, attaching scratch labels and performing camera-automated verification in a single pass, on one machine.
Further investment has also been made in an AutoFeeds Cartan Card System encapsulation machine to support card-based use cases like loyalty and membership. The equipment is capable of encapsulating and punching shaped cards or keyfobs, again, in a single pass.
Three Entrust Datacard MX6100 Card Issuance Systems will also improve card personalisation capacity and services for the banking market by optimising smart card personalisation and delivering edge-to-edge printing and more efficient insertion of cards and carriers into envelopes.
“These investments come on the back of a big year for the company,” concludes Paul. “Financial success gave us the confidence to invest, we completed a phase of recruitment to our senior team and have been working to introduce new systems to maximise efficiency and customer service. These machines build on that work and position Thames to capitalise on the latest technologies and market opportunities.”
Gaurav Chandra
Product Manager at AxiomSL
In recent years, we have seen an increasing number of regulatory requirements that firms need to comply with, in particular when it comes to trade and transaction reporting. see more
Keith Tilley
EVP & Vice-Chair at Sungard Availability Services
The “head down generation” – so named for the way they are permanently glued to smartphones and tablets – are the latest influx of employees to enter the workforce. see more
- 02:00 am
Dubai, 27 April 2017. Enterprise Financial Crime Management software product company CustomerXPs along with Finesse, their premier technology partner, will be showcasing their acclaimed product Clari5 at the Seamless Middle East 2017 expo scheduled to be held at the Dubai International Convention & Exhibition Centre on 1 and 2 May.
The expo is being held under the patronage of HH Deputy PM & Minister of Interior Lt. Gen. Sheikh Saif Bin Zayed Al Nahyan, and in partnership with Arab Federation for E-commerce, League of Arab States and Council of Arab Economic Unity.
Spanning over 22,500 sqm at the Dubai International Convention & Exhibition Centre, Seamless Middle East is expected to have over 400 exhibitors and over 10,000 attendees. The expo brings together the Middle East fintech ecosystem to debate and evaluate the future of money.
Across 2 days of keynotes, panels, case studies, interviews, demos, roundtables and workshops, attendees will experience the trends, disruptors and innovations that are revolutionising the Middle East fintech industry.
At Seamless Middle East, CustomerXPs will be demonstrating Clari5 - the real-time, cross-channel banking enterprise fraud management innovation declared Best Fraud Detection Product by Risk.net. Clari5 consolidates relevant intelligence from across all channels and business-critical systems of the bank to deliver real-time, contextual and actionable interventions at split-second speed.
CustomerXPs will be showcasing Clari5 at S62, Za’abeel Hall 6. The company will also be demonstrating how banks in the Middle East can combat fraud with a collaborative ecosystem and how a ‘central nervous system’ based anti-fraud shield can help Islamic Banking.
“We are definitely excited to be at Seamless once again. Banks in MENA are attracting attention from global fraudsters and hence there is a need for an ‘anti-fraud’ shield.” said Rivi Varghese, CEO of CustomerXPs. “Leading banks in MENA have already begun adopting our ‘central nervous system’ based cross-channel approach for fighting financial crime via our acclaimed Clari5 suite.”
Sunil Paul, Co-Founder & COO, Finesse added, "Our long-standing partnership with CustomerXPs for taking Clari5 to banks in MENA has proven to be a success. We expect to further consolidate Finesse’s leadership in the region with our association. Together we expect to have an impactful presence at Seamless Middle East."
- 03:00 am
InvestCloud Inc., a global FinTech firm, has been appointed by MASECO Private Wealth to provide client and advisor portals to its clients in the UK and the US. InvestCloud will deliver comprehensive client communication and reporting capabilities, including the automation and consolidation of client reports online.
MASECO will also use InvestCloud’s Digital Warehouse. The Digital Warehouse aggregates data from multiple systems and custodians and integrates it into meaningful information that is securely stored. This information includes external news and social media sources, alongside market and portfolio data. It also provides apps for real-time analytics.
MASECO specialises in managing the wealth of US citizens living abroad, supporting their cross-border wealth management needs and utilising its knowledge of multi-jurisdictional tax and planning issues to provide expert advice. Established in 2008 by Joshua Matthews and James Sellon, MASECO has more than $1.2 billion in assets under management.
Joshua Matthews, Managing Partner at MASECO Private Wealth, said: “MASECO was designed to bring a sophisticated service to help Americans living overseas. We deal with complex situations and our clients’ needs are demanding, requiring custody of assets to be managed on multiple platforms. So, we sought a solution that served our business but would also assist client engagement and give each client a clear picture of all their assets. InvestCloud will allow us to do this with ease and flexibility.”
MASECO is recognised as an innovative, forward-thinking wealth firm catering to professionals and entrepreneurial wealth creators. As part of this approach MASECO has pioneered the introduction of sustainable investing, started a new venture into Alternative Credit, and won a PAM award for Investment Product Service Innovation. It was also the first financial services firm in the UK to be awarded B Corporation status, which recognises companies pursuing social good.
Will Bailey, EVP for Europe and Innovation at InvestCloud, said: “MASECO is a great customer for InvestCloud. It is a forward-looking and innovative firm that serves clients who have high expectations of the online customer experience. Together, we can help MASECO provide a rich, integrated digital experience to its customers, while also realising the operational benefits of digital transformation within its own business.”
- 06:00 am
Today Infosys, a well-known provider of consulting, technology, outsourcing, and next-generation services, has revealed Infosys Nia, the next-generation AI platform. Newly launched mechanism combines company’s first-generation AI platform, Infosys Mana and AssistAdge, its Robotic Process Automation (RPA) solution.
Infosys Nia brings together the big data-analytics, machine learning, knowledge management, and cognitive automation functions of Mana. Furthermore, it includes end-to-end capabilities of AssistEdge, Sytree’s advanced and scalable machine learning capabilities, optical character recognition (OCR), natural language processing (NPL) and infrastructure management services.
The Infosys’s new flexible technological advancement enables developing highly customizable services in order to build smooth customer experience. Infosys Nia can help clients solve variety of issues, including order-to-cash process, forecast of variability of manufacturing and material costs, customer genome and models of multiple complex contracts to operationalize the knowledge.
Senior manager of HfS department, Dr. Tom Reuner stated that by leveraging and integrating a broad set of artificial intelligence technologies, Infosys is supporting customers on their journey towards business transformation. The modular set up of Infosys Nia allows more flexibility when addressing diverse sets of use cases. On this journey, company’s expansive AI and cognitive computing capabilities provide customers with solutions that put data at the center of their service delivery strategies. That might sound trite, but really, data is becoming the new currency.
Chris Skinner
Chairman at Financial Services Club
I have a keynote coming up on see more
- 08:00 am
HDBaseT Automotive is poised to become the first industry standard with built-in cyber security for in-vehicle connectivity. Today, the HDBaseT Alliance, the cross-industry group tasked with promoting and advancing HDBaseT technology, is announcing the establishment of a Cyber Security Working Group, with the participation of Check Point, Argus and Valens. The Working Group will define the necessary specifications for a more secure connected car.
Check Point Software Technologies, the leader in cyber security solutions in the market, has joined the Alliance as a Contributor member, and will lead the Cyber Security Working Group. Argus Cyber Security, the world's largest independent automotive cyber security company, is also joining the Alliance as a Contributor member of the Cyber Security Working Group. Valens, inventor of HDBaseT and HDBaseT Alliance founder, will play a central role in this collaboration to accelerate development of these requirements.
"Over the past year, the HDBaseT Alliance brought many important players in the automotive sector to the Alliance. By joining the Alliance, Check Point and Argus will drive the development of a safer, better equipped solution for in-vehicle connectivity. With this partnership, we are raising the bar in the industry in terms of automotive cyber security and the Alliance is proud to lead this process."
"Cars today have multiple electronic control units containing millions of lines of code which are vulnerable to cyber threats. We have seen hackers gain control over connected cars, endangering the lives of drivers and others on the road. Now more than ever, security for connected cars has become a critical requirement and needs to be implemented from the design stage. This is why Check Point is extending its industry-leading technologies into the automotive sector to keep these critical systems one step ahead of threats."
Amnon Bar-Lev, President, Check Point Software Technologies
"Valens believes in the continuous advancement of HDBaseT technology, and HDBaseT Automotive is no different. We are excited to work with Check Point and Argus to further strengthen in-vehicle cyber security with HDBaseT, providing our customers with a solid and reliable solution for years to come."
Mary Ann Callahan
Freelance Journalist at Cex.io
Bitcoin may be the talk of the moment, but did you realize that Bitcoin is simply a tip of an iceberg as far as cry see more
