Glia Fuses Digital Customer Service with Alkami Online Banking Platform
Aug06

Glia Fuses Digital Customer Service with Alkami Online Banking Platform

Glia Technologies, Inc. (Glia), a leading provider of Digital Customer Service, today announced that Alkami Technology, Inc. (Alkami), a leading cloud-based digital banking solutions provider, has integrated Glia’s Digital Customer Service platform as part of Alkami’s suite of online solutions. The Glia product is being sold by Alkami as a core part of their customer service strategy, and several clients are already in...

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ECOMMPAY launches payment solution for business expanding to Asia
Aug06

ECOMMPAY launches payment solution for business expanding to Asia

Gate2Asia unifies local payment options into one easy-to-use platform for online businesses entering the Asian markets. The payment solution combines the e-commerce markets of China, Australia, New Zealand, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. A total of over 2 billion people with a potential e-commerce market spend of over $1.3 trillion. The Asian market is notoriously difficult to expand into, with...

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Vesta secures funding from EDBI for further global expansion
Aug06

Vesta secures funding from EDBI for further global expansion

Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured a strategic investment from EDBI, a global Asian-based investor. This investment, along with a strategic alignment with EDBI, will accelerate the company’s momentum and efforts to expand its fraud and approval enhancement platform across Asia Pacific (APAC). Vesta will have its regional headquarters in Singapore. Hailing from Portland,...

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RBR adds virtual edition to all physical conferences in 2020
Aug06

RBR adds virtual edition to all physical conferences in 2020

RBR is adding a virtual edition to all of its upcoming physical conferences to give certainty to delegates and event partners and ensure that opportunities for learning and networking are not missed. RBR has announced a series of virtual events that will complement its existing physical conferences line-up in 2020. Having initially pushed back its physical events to the end of Q4, to maximise the chance of them going ahead, the...

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Banking Circle secures five finalist places at 2020 Emerging Payments Awards
Aug06

Banking Circle secures five finalist places at 2020 Emerging Payments Awards

Banking Circle, the financial infrastructure provider to Payments businesses and Banks has secured 5 finalist slots in the 2020 Emerging Payments Awards. Designed to celebrate innovation, collaboration and emerging payments, the Emerging Payments Awards recognise companies that have made significant advances in how businesses and individuals pay. As Anders la Cour, co-founder and Chief Executive Officer of Banking Circle, explains,...

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COVID-19 spurs growth in digital money transfers
Aug06

COVID-19 spurs growth in digital money transfers

COVID-19 forced many of people to make major adjustments to the way they live, work, and communicate. This inevitably has also affected the way people pay – not only for goods and services, but also how they send money to friends and family – according to specialised payments platform Paysafe’s ‘Lost in Transaction’ research. Almost a third (30%) of consumers globally said they had given money to friends or family once or twice...

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Push Technology Launches Diffusion Kafka Adapter
Aug06

Push Technology Launches Diffusion Kafka Adapter

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, today announced the launch of a new Kafka Adapter for their Diffusion Intelligent Data Mesh. With the Diffusion Kafka Adapter, organizations can now efficiently and securely extend Kafka solutions over the Internet, streaming real-time data to millions of end-user applications. In addition, customers can easily manage the high-volume of data...

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London fintech Banked teams up with British Airways Executive Club to introduce a new way of collecting Avios
Aug06

London fintech Banked teams up with British Airways Executive Club to introduce a new way of collecting Avios

Payments start-up Banked has teamed up with British Airways Executive Club to allow people to collect Avios simply by choosing to use Banked when they checkout online. Consumers who have or set up a British Airways Executive Club membership will be able to collect Avios every time they make an online purchase with a Banked merchant, simply by choosing to pay with them during the checkout process. Customers simply input their British...

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DBS supports IRAS in digital payment implementation
Aug06

DBS supports IRAS in digital payment implementation

As part of the nation’s drive to adopt digital contact-free payments, DBS Bank has been collaborating with government agencies such as the Inland Revenue Authority of Singapore (IRAS) to integrate APIs (application programming interface) into the tax authority’s operating framework to digitalise payments. IRAS now offers PayNow QR as a payment option on its myTax portal for all major tax types, including Individual Income Tax,...

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Citizens Bank provides $27.5 million in construction financing for housing projects in Philadelphia
Aug06

Citizens Bank provides $27.5 million in construction financing for housing projects in Philadelphia

Citizens Bank announced today that its Community Development Group has provided a $19 million loan to 2601 Poplar OZ, LLC, whose sponsor is Daniel Greenberg, for the acquisition and construction of a new mixed used project at 2601 Poplar St. in Philadelphia that will have 108 market-rate apartments and 11,000 square feet of commercial space. Equity was provided by a partnership between Sage Real Estate Group and Jay Goldstein. The...

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Worldline unites corporations and Fintechs for its 3rd e-Payments Challenge, the first ever fully digitised co-creation journey in the payments industry
Aug06

Worldline unites corporations and Fintechs for its 3rd e-Payments Challenge, the first ever fully digitised co-creation journey in the payments industry

Worldline, the European market leader in payment and transaction services, is proud to announce it will be hosting the third edition of its e-Payments Challenge, to take place in an innovative fully virtual format for the first time ever on 17-18 September 2020. The e-Payments Challenge is Worldline’s annual forum that brings together all parties involved in the payment technology ecosystem, including Fintechs, banks, merchants and...

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UK scaleups face £15bn growth capital gap
Aug06

UK scaleups face £15bn growth capital gap

Urgent action is required to close the UK’s growth capital gap, according to a report released today by Innovate Finance, the ScaleUp Institute and Deloitte in collaboration with the Business Action Council (BAC), by accelerating, evolving and expanding existing initiatives under a national framework for growth. The report, The Future of Growth Capital, stresses that closing the emerging £15bn gap will provide opportunities for aiding...

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Starling, TranSwap and Remitr among first wave to sign up to Currencycloud Spark
Aug06

Starling, TranSwap and Remitr among first wave to sign up to Currencycloud Spark

Currencycloud, the leader in providing embedded cross-border payments, today announces the wider rollout of Currencycloud Spark – its multi-currency wallet infrastructure – with Starling Bank, TranSwap and Remitr among the first customers to sign up to the service. Currencycloud Spark enables businesses – and their customers – the ability to receive, store funds and make payments in more than 30+ different currencies, almost...

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Gobear partners with UnionBank to launch first lending as a service offering in the Philippines
Aug06

Gobear partners with UnionBank to launch first lending as a service offering in the Philippines

GoBear, Asia’s leading financial services and data platform and UnionBank of the Philippines (UnionBank), a leading digital bank in Southeast Asia, have launched a first of-its-kind Lending as a Service (LaaS) partnership in the Philippines. This comes on the heels of GoBear’s recent acquisition of AsiaKredit in May 2020 to drive growth through digital lending. Under the partnership, GoBear and UnionBank will offer e-commerce loans on...

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Refinitiv expands the scope of its Enhanced Due Diligence reports with inclusion of NGO and ESG data from Sigwatch
Aug06

Refinitiv expands the scope of its Enhanced Due Diligence reports with inclusion of NGO and ESG data from Sigwatch

Refinitiv, one of the world’s largest providers of data, is expanding the scope of its Enhanced Due Diligence (EDD) reports with the inclusion of NGO sourced data from Sigwatch, a UK-based provider of global NGO and ESG issue tracking and reputational impact data. The agreement enables Refinitiv customers to vet companies and investments against a reliable and unique source of alternative data on reputational and governance risk....

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Powering digital transformation at Royal Bank of Canada with Red Hat platforms
Aug05

Powering digital transformation at Royal Bank of Canada with Red Hat platforms

Enterprises across the globe are looking to transform their operations and services to better align with current conditions. To succeed, they also need to adopt the latest technologies. Even the most traditional businesses – such as banks and financial institutions – need to use innovative approaches to deliver leading-edge solutions to their clients and partners. As customers begin to evaluate their digital transformation...

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RegTech platform kompany accelerates growth with new funding
Aug05

RegTech platform kompany accelerates growth with new funding

kompany, the award winning RegTech platform for Business KYC (KYB) announced today new investment of almost €6 million, the company’s largest single investment round to date. It will use the new funding to accelerate growth and expand its new product lines, the AI-based shareholder analysis tool UBO discovery® and the DLT-based audit-trail solution KYC onchain. Fairway Global Investment led the round, together with Global Brain, a...

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Clear Books integrates with Stripe to make accepting card payments easy
Aug05

Clear Books integrates with Stripe to make accepting card payments easy

Clear Books has launched a new integration with Stripe – the second largest payments processor in the UK . The integration provides Clear Books users with two amazing benefits that will help them to get paid faster and keep their accounting in order. They are; 1. Click to pay invoicing Small businesses who use Clear Books to invoice their customers can include a ‘pay now’ button on their invoice. Clicking the button will open up...

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PPRO announces 85% volume growth despite pandemic
Aug05

PPRO announces 85% volume growth despite pandemic

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the exponential opportunities for cross-border e-commerce amidst the COVID-19 pandemic. Due in part to a massive digital shift in e-commerce consumer behaviour, PPRO is now processing an annual run rate of USD 9bn in payment transaction volume. Following their ongoing success, the company...

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Tinkoff launches ‘Cashback to Give Back’
Aug05

Tinkoff launches ‘Cashback to Give Back’

Tinkoff is happy to announce the launch of its new charitable scheme Cashback to Give Back. The aim of the project is to help get more people donating to worthy causes in Russia. The scheme allows Tinkoff customers to transfer any cashback they receive directly to some of Russia’s biggest charities. The programme’s main aim is to give those who want to help others a convenient way to make regular donations to reputable Russian...

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JST Capital expands Teams in the U.S. and Asia
Aug05

JST Capital expands Teams in the U.S. and Asia

JST Capital, a global financial services firm focused on crypto currencies and digital assets, today announced that it has bolstered its roster by adding three new members to their team. Two of the team members will be responsible for co-heading Global Business Development OTC while the third will join to oversee their Quantitative Trading business. JST Capital has recently added Chris Hermida and Zach Bruch to co-Head their Business...

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Reale Mutua issues its first fully digital surety
Aug05

Reale Mutua issues its first fully digital surety

Digitalisation and innovation are two key elements in the strategy of Reale Group which, just in these days, has issued its first fully digital surety bond, as part of the national project “Fideiussioni Digitali” promoted by CeTIF, SIA and Reply, in collaboration with Banca d’Italia and IVASS. An important result that has been achieved thanks to the commitment of Reale Mutua’s Special Risks Technical Department and...

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COVID-19: How long must we wait for a cashless society?
Aug05

COVID-19: How long must we wait for a cashless society?

Despite much talk about making the transition to a cashless society, the truth is that the blockchain-enabled payment networks that may help to make it a reality, are still far from ready for mainstream application. Based on convenience and processing speed, they simply cannot compete with traditional banking and credit card networks, which have evolved over many decades. But could the experience of living in a pandemic accelerate...

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Nettitude join the 2020-2022 Global Executive Assessor Roundtable (GEAR)
Aug05

Nettitude join the 2020-2022 Global Executive Assessor Roundtable (GEAR)

Nettitude have been selected to join the 2020-2022 Global Executive Assessor Roundtable (GEAR). The PCI SSC Global Executive Assessor Roundtable is an Executive Committee level advisory board comprised of senior executives from PCI SSC assessor companies and serves as a direct channel for communication between senior leadership of Payment Security Assessors and PCI SSC senior leadership. Nettitude is one of 28 organisations to join...

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Mastercard Rolls Out New Business Intelligence Platform for European Banks
Aug05

Mastercard Rolls Out New Business Intelligence Platform for European Banks

Mastercard today announced the launch of Market Trends, an interactive platform providing a comprehensive view of payments insights, competitive intelligence and industry trends for banks and financial institutions in Europe. From research on more than 2,000 cards across 34 markets to thought leadership on Open Banking, Blockchain and other trends to analyses of 22 top fintech players, Mastercard Market Trends provides a simple,...

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Kompli-Global helps companies expose bad actors within their customer base
Aug05

Kompli-Global helps companies expose bad actors within their customer base

Every major organisation in the United Kingdom has customers that are up to no good, potentially with criminal intentions. Fraudsters and money launderers are clever and, once through the onboarding process and into a company, are able to work and manipulate the system. Today, Kompli-Global, the leading RegTech AML specialist, is ensuring corporate entities do not fall victim to potential fraud and money laundering, as it...

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PostePay partners with Volante Technologies for Instant Payments Innovation and Payments Modernisation
Aug05

PostePay partners with Volante Technologies for Instant Payments Innovation and Payments Modernisation

PostePay, one of the largest Electronic Money Institutions (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications, with over 28 million cards in circulation and 1.4 billion card transactions managed in 2019, today announced a partnership with Volante Technologies, a leading global provider of payments and financial messaging solutions in the cloud and on premise. The partnership will...

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The Swiss Market Entry Bootcamp offers startups a deep dive into the Swiss entrepreneurship ecosystem
Aug05

The Swiss Market Entry Bootcamp offers startups a deep dive into the Swiss entrepreneurship ecosystem

The new application phase for the 3rd Swiss Market Entry Bootcamp begins today and lasts until 1 September. This initiative of digitalswitzerland offers 50 startups a deep insight into the Swiss ecosystem. The program is run by Kickstart Innovation, one of the largest innovation platforms in Europe. “Switzerland is a global innovation leader, as the Global Innovation Index has confirmed in its ranking,” explain Nicolas...

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New lenders accredited to British Business Bank Coronavirus Business Loan
Aug05

New lenders accredited to British Business Bank Coronavirus Business Loan

Today the British Business Bank has announced that it has approved Allied Irish Bank (GB)/AIB (NI), Investec Bank plc and Mercedes-Benz Financial Services UK Limited for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). These three new CLBILS lenders will be able to provide finance to midsized and larger UK businesses with a group turnover of more than £45m (the upper limit for the existing...

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Avelacom debuts connectivity, market data and infrastructure solutions on B3
Aug05

Avelacom debuts connectivity, market data and infrastructure solutions on B3

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is launching its low latency network, market data and Infrastructure-as-a-Service (IaaS) solutions for B3’s market participants. Traders on B3 will be able to access high capacity trading link options and IT resources, with better control of Total Cost of Ownership (TCO), without any compromise in data speed. With...

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The Government of Western Australia and Newfound Launch Virtual UK Trade Mission
Aug05

The Government of Western Australia and Newfound Launch Virtual UK Trade Mission

The Government of Western Australia and global expansion specialists Newfound today announced the launch of a virtual trade mission in September 2020 that will provide market entry advice and support for 10 high-growth Western Australian (WA) technology businesses looking to expand into the UK. Entrepreneurial and innovative WA businesses will benefit from the virtual trade mission by engaging with experts, investors and fellow tech...

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Financial Plus Credit Union Goes Live with Banno Digital Platform through Partnership with Member Driven Technologies
Aug04

Financial Plus Credit Union Goes Live with Banno Digital Platform through Partnership with Member Driven Technologies

Financial Plus Credit Union (FPCU) has successfully implemented the Banno Digital Platform™ through its partnership with Member Driven Technologies (MDT), a CUSO that provides a private cloud alternative for core processing and IT needs. MDT hosts the Episys® core platform from Symitar®, an industry leading provider of technology solutions for credit unions of all sizes, as well as multiple complementary solutions, including the Banno...

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Wirex Launches First Global Brand Campaign with New TV Ad
Aug04

Wirex Launches First Global Brand Campaign with New TV Ad

Just two weeks after becoming Mastercard’s first crypto-native principal member, pioneering payments platform Wirex have launched their first global TV brand campaign. The TV ad solidifies Wirex’s core message of empowering people to experience the benefits of a world where all currencies, crypto or fiat, are equal and accessible to all. Already a proven leader in their space with more than 3 million registered customers, the ad...

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FSS Brings AutoPay and Conversational Capabilities to UPI
Aug04

FSS Brings AutoPay and Conversational Capabilities to UPI

FSS (Financial Software and Systems), a global digital payment and financial technology company, has augmented its UPI 2.0 platform with a range of new capabilities to improve customer convenience. This includes AutoPay and voice-activated account management to enable PSPs harness the potential of UPI, generate new monetization opportunities, and encourage frequent use of digital payments. Coinciding with the nation-wide launch by...

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Yolt enters beta for substantial app update in reaction to changing consumer priorities
Aug04

Yolt enters beta for substantial app update in reaction to changing consumer priorities

Yolt, the award-winning smart money app, has today announced that it is heading into a beta period, testing a new evolution of its app focused on smart spending and savings growth, in recognition of the shift in financial priorities brought on by the Covid-19 pandemic. According to a recent Yolt survey, despite the majority of respondents (61%) claiming to have had positive intentions to save money during the Covid-19 crisis, in...

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Alior Bank has appointed the participants of the RBL_START program
Aug04

Alior Bank has appointed the participants of the RBL_START program

Alior Bank has announced the results of the enrolment procedure for the RBL_START program The challenge titled ”More than a banking app” will be attended by three start-ups: Open Checkout, ViaCash and Telemedico. These three together with the team of the bank experts will work on the development of offer for customers within the Alior Mobile app. The bank aims at going beyond the standard services offered to date by mobile banking....

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insurethebox nominated in the Insurance Choice Awards 2020
Aug04

insurethebox nominated in the Insurance Choice Awards 2020

The Insurance Choice Awards, established in 2015, aims to put customers at the heart of the industry by identifying and rewarding the best products, hottest innovations and trusted insurers. The voting opened on 22nd June, with finalists announced on 1st September, before a winner is selected on 22nd October 2020 in London. insurethebox is nominated in the ‘Best Specialist Insurance Provider’ category, an award which showcases...

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Partnering with Truera to tackle unjust bias in AI assisted decision making
Aug04

Partnering with Truera to tackle unjust bias in AI assisted decision making

Standard Chartered has partnered with Truera, a US based startup, to use their model intelligence platform to improve model quality and increase trust by analysing models and helping to identify and eliminate unjust biases in the decision-making process. The Bank is an active proponent of the use of artificial intelligence and data analytics to better support clients and stakeholders, and doing so in a responsible and trustworthy way...

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Revolut launches Open Banking for its over 400,000 Italian retail and business customers
Aug04

Revolut launches Open Banking for its over 400,000 Italian retail and business customers

Revolut has today announced the launch of Open Banking for its over 400.000 retail and business customers in Italy. The new Open Banking feature allows Revolut customers in Italy to connect their Intesa Sanpaolo, UniCredit, UBI Banca, Banco BPM, Poste Italiane bank accounts to Revolut, making it possible to see all of their balances and transactions in one single app. Currently, most customers can only access their Italian bank...

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Payoneer Supports Triple-Digit Growth for eLearning, Social Media and Interactive Entertainment
Aug04

Payoneer Supports Triple-Digit Growth for eLearning, Social Media and Interactive Entertainment

Payoneer, the digital payment platform empowering businesses around the world to grow globally, today shared data that points to enormous growth in the areas of eLearning, social media and livestreaming, interactive entertainment, and digital royalties. The data shows how the COVID-19 pandemic is shaping consumer behaviour, perhaps permanently, and how these businesses are adapting and evolving to meet demand. Amid this increase in...

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TaxScouts closes £5M Series A to build the Pan-European Tax Service
Aug04

TaxScouts closes £5M Series A to build the Pan-European Tax Service

TaxScouts, the company making tax preparation effortless for the UK market, has announced a Series A investment round of £5M to further its mission to build a Pan-European Tax Service. The company is expanding into its first market outside the UK and is establishing a team in Spain, following the appointment of a Country Manager. The latest investment round brings its total funding to date to £6.5M. The £5M Series A has been led by...

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Mastercard and ANNA Money enter next phase of partnership
Aug04

Mastercard and ANNA Money enter next phase of partnership

Mastercard and ANNA Money today announced an extended partnership that will support ANNA’s customers with value-added services. ANNA is a mobile business account, Mastercard debit card and virtual assistant rolled into one aimed at start-ups, freelancers and small businesses. Launched in 2018, ANNA (Absolutely No Nonsense Admin) “the debit card that meows”, has worked with Mastercard since its inception. In under two years ANNA has...

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ACI Worldwide Drives Payments Transformation for South Africa’s Altech Card Solutions
Aug04

ACI Worldwide Drives Payments Transformation for South Africa’s Altech Card Solutions

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Altech Card Solutions (ACS), a division of Altron, one of South Africa’s leading technology companies, is utilizing ACI’s UP Retail Payments to better serve its large multi-national retail customers in South Africa and across the African continent. UP Retail Payments is a sophisticated enterprise payment solution for...

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Natwest brings Apple Pay to business credit cards
Aug04

Natwest brings Apple Pay to business credit cards

NatWest today brings Apple Pay to its Business credit card customers, providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. NatWest and its subsidiaries including Royal Bank of Scotland and Ulster Bank have integrated Apple Pay across a range of Mastercard...

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Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa
Aug03

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent years – the sale of digital payments provider for private, public and charitable entities Beyonic Inc...

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NatWest backed credit control app launches with aim to tackle UKs late payment epidemic
Aug03

NatWest backed credit control app launches with aim to tackle UKs late payment epidemic

Research has shown that UK small and medium businesses are owed as much as £50bn in late payments at any one time, with the situation only likely to get worse in the current climate. In response to this epidemic, today sees the launch of itsettled, an automated, proven and legally compliant process for SME’s to chase their outstanding invoices. Led by Credit industry veteran Glen Morgan, who has recently acted as an advisor to the UK...

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FCA consults on new rules to improve open-ended property fund structures
Aug03

FCA consults on new rules to improve open-ended property fund structures

The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days – before their investment is redeemed. The FCA welcomes any feedback and is particularly keen to hear suggestions for alternative measures that might achieve the same...

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LeakBot continues global expansion with MAPFRE ASSISTANCE partnership in Ireland
Aug03

LeakBot continues global expansion with MAPFRE ASSISTANCE partnership in Ireland

Today, smart water leak alarm LeakBot announces a new partnership with MAPFRE, the global insurance company, to offer LeakBot’s preventative smart leak detection system to their customers in Ireland. This partnership has been developed as a result of LeakBot’s membership of insur_space, MAPFRE’s open innovation platform. The announcement marks the continued international expansion of LeakBot, following successful full-scale...

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ITI Capital announces plans for new Forex trading proposition
Aug03

ITI Capital announces plans for new Forex trading proposition

ITI Capital, the global financial services provider for institutional investors and private clients, today announces plans to upgrade its FX (Foreign Exchange) trading platform. ITI expects to roll out this new service to clients by the end of August. In June 2020, ITI acquired the client book from SVS Securities, which was placed in Special Administration this time last year. Included as part of the acquisition were a group of FX...

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Leumi UK appoints Roy Shilo as Head of Commercial Finance
Aug03

Leumi UK appoints Roy Shilo as Head of Commercial Finance

Multi-specialist bank Leumi UK has appointed Roy Shilo as Head of Commercial Finance. With over 20 years’ experience in the financial services industry, Roy has held positions at both Bank Leumi USA and Bank Leumi Israel, before joining Leumi UK in July 2019. In his new role, Roy will lead Leumi UK’s Commercial Finance activity – formerly known as International, Commercial and Hi-tech Finance (ICH) – which encompasses trade finance...

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