SOKIN partners with Transact Payments for the UK and European markets
Oct23

SOKIN partners with Transact Payments for the UK and European markets

Sokin has announced it will be partnering with Transact Payments Limited (TPL) as it prepares for the roll-out of its UK and European fixed-price subscription-based payments service. Transact Payments will provide flexible European BIN sponsorship and modular payment, debit and prepaid services as part of the Sokin global service.  Through its multiple partners, Sokin offers currency exchange in 150 countries with Sokin wallets and...

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Denise Johansson, Enfuce – What was the market in the Nordics like before Enfuce started operating?
Oct23

Denise Johansson, Enfuce – What was the market in the Nordics like before Enfuce started operating?

Denise Johansson, co-founder at Enfuce talks to Ali Paterson what the market in the Nordics was like before Enfuce started operating

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Q&A: Teodor Blidarus, Founder and CEO FintechOS – Can digital transformation help banks facilitate the global recovery?
Oct23

Q&A: Teodor Blidarus, Founder and CEO FintechOS – Can digital transformation help banks facilitate the global recovery?

Banks are uniquely positioned to aid the recovery from the Coronavirus pandemic as they typically hold the keys to the economic resources that businesses and individuals need to get back on their feet. But what can (and should) banks be doing to promote public welfare and economic prosperity? Here, Teodor Blidarus, Founder and CEO of FintechOS, explains the duties banks have to support recovery from the pandemic, and the importance of...

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British Patient Capital Commits $35m to Evolution Equity Partners to Invest in Growth Stage Cybersecurity Companies
Oct23

British Patient Capital Commits $35m to Evolution Equity Partners to Invest in Growth Stage Cybersecurity Companies

British Patient Capital announces today a $35m commitment to The Evolution Technology Fund II. The Fund is expected to achieve a targeted $250m final close in the coming months and is already investing in growing cybersecurity and enterprise software companies. Evolution Equity Partners has been investing in cybersecurity companies over the past 20 years, building global leaders over several economic cycles, including to IPO. Their...

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NatWest and National Enterprise Challenge team up to find the UK’s most entrepreneurial pupils
Oct23

NatWest and National Enterprise Challenge team up to find the UK’s most entrepreneurial pupils

NatWest has today announced that it will set this year’s National Enterprise Challenge  – the largest enterprise and employability challenge for secondary schools in the UK. The high street lender has set 14 and 15 year olds from around the UK the challenge to create their own social enterprise to address a common issue affecting their daily life, school, family or local community. Pupils will create their own social enterprise...

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TrueLayer expands global presence with Brenton Charnley joining as Head of Australia
Oct23

TrueLayer expands global presence with Brenton Charnley joining as Head of Australia

TrueLayer, the leading technology company building financial infrastructure that’s open to any business, anywhere in the world, today announced it has appointed Brenton Charnley as its Head of Australia. Brenton will be responsible for establishing the Australian operations, obtaining accreditation with the ACCC, supporting TrueLayer’s global partners to launch in Australia and onboarding new partners to integrate with TrueLayer’s...

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FF Virtual Arena: The Trade Finance Ecosystem
Oct23

FF Virtual Arena: The Trade Finance Ecosystem

In today’s Virtual Arena we ask BNY Mellon – What will Main Street look like post pandemic? With SME’s being increasingly important to the business ecosystem Ali Paterson and Joon Kim find out how banks can offer up new services to enable the business to go and thrive. Watch here at 14:30BST...

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The Fintech Fix: Lockdown II
Oct23

The Fintech Fix: Lockdown II

In this week’s episode of The Fintech Fix, we hear about Lockdown II, UniCredit and Barclay’s working from home efforts and how Ecosia are helping destroy desertification by enabling wooden cards!...

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Bottomline enables StepChange Debt Charity in the launch of new Coronavirus Payment Plan
Oct23

Bottomline enables StepChange Debt Charity in the launch of new Coronavirus Payment Plan

Bottomline, a leading provider of financial technology that makes complex business payments simple, smart and secure, today commented on the launch of the Coronavirus Payment Plan, a debt management program offered by StepChange Debt Charity, and created in consultation with the UK Government. Bottomline’s PTX payment platform is enabling the StepChange program to collect available funds from individuals, manage debt payment plans and...

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Paula Solano, Banco Sabadell – Where do you think banks will be making their money in the future?
Oct23

Paula Solano, Banco Sabadell – Where do you think banks will be making their money in the future?

Paula Solano, Head of Investments at Banco Sabadell chats to Doug Mackenzie about where banks will be making their money in the future

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North set to lose more years of economic growth than the rest of England due to Covid-19
Oct23

North set to lose more years of economic growth than the rest of England due to Covid-19

Research by iwoca, one of Europe’s largest small business lenders, has found that regions in the North of England could lose between 6 and 14 years worth of growth due to the financial hit created by the pandemic. The North East, North West and Yorkshire and the Humber have been forecast to lose 11.7%, 11.2% and 12% of GVA respectively in 2020. Analysis of the region’s GDP statistics from previous years suggests that these falls would...

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Temenos Launches Real-Time SaaS Data Platform for Core Banking
Oct22

Temenos Launches Real-Time SaaS Data Platform for Core Banking

Temenos, the banking software company, today announced the launch of Temenos Transact Data Hub, a real-time data platform that is integrated and embedded within Temenos Transact, the market leading core banking solution. Temenos Transact Data Hub delivers multiple essential data capabilities that are critical to modern banks leveraging the power of the data held within the core banking platform. Out-of-the box, real-time data...

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First Horizon Bank moves digital banking platform to NCR
Oct22

First Horizon Bank moves digital banking platform to NCR

NCR, a global enterprise technology provider for the financial industry, today announced that First Horizon Bank, parent company First Horizon National Corporation has launched the NCR D3 platform to provide consumers and businesses with a seamless digital banking experience. Memphis, Tenn.-based First Horizon Bank recently migrated clients to the digital platform, hosted by Amazon Web Services (AWS) and managed by NCR. “It’s more...

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Bitpanda and Raiffeisen Bank International partner up to bring blockchain-interoperability to the banking industry
Oct22

Bitpanda and Raiffeisen Bank International partner up to bring blockchain-interoperability to the banking industry

Bitpanda, the leading investment platform, with their blockchain-interoperability project Pantos, today announces a partnership with Raiffeisen Bank International to implement their technology on RBI Coin, an e-money solution. About Pantos and RBI Coin  Pantos is a major European blockchain interoperability project developed by the Bitpanda team together with the Technical University of Vienna. Pantos’ aim is to enable token projects...

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The Fintech Effect: Consumer impact and a fairer financial system
Oct22

The Fintech Effect: Consumer impact and a fairer financial system

by Ben White & John C. Pitts, Plaid Even before COVID-19, financial security was a major challenge for most Americans. Money is consistently Americans’ leading cause of stress. Three-quarters live paycheck to paycheck and just 29% are considered financially healthy, according to Financial Health Network. Financial services play a major role in helping consumers manage and make the most of their money. Clearly, there’s room for...

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Haukur Skúlason, Indó – What was the idea behind Indó?
Oct22

Haukur Skúlason, Indó – What was the idea behind Indó?

Ali Paterson chats to Haukur Skúlason, Global Head of Institutional Client Group Technology and Operations at Indó about the idea behind Indó

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Digitizing and streamlining securities-based-lending from end-to-end in the Cloud
Oct22

Digitizing and streamlining securities-based-lending from end-to-end in the Cloud

Utilizing the latest in Cloud technology to enable end-to-end Securities-Based Lending (SBL), Rockall, a Broadridge Financial Solutions, Inc. company, has launched the Broadridge SBL platform. With SBL becoming an ever-more important credit product for financial advisors and their clients, the Broadridge SBL platform combines Rockall’s existing credit and operational risk technology (FASTNET) with new loan origination capabilities...

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App Annie new Gen Z report with insights on winning over the mobile generation
Oct22

App Annie new Gen Z report with insights on winning over the mobile generation

App Annie, the leading mobile data and analytics company, today released a report on Generation Z, How to Build a Winning Gen Z Strategy on Mobile, that reveals the mobile habits of this generation to help businesses understand and cater to this group. Gen Z is quickly becoming one of the world’s most powerful consumer segments – as one of the youngest generations, Gen Z amounts to a third of the world’s population and controls...

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Bitfinex Announces support for pNetwork to Bring Crypto Assets Cross-Chain
Oct22

Bitfinex Announces support for pNetwork to Bring Crypto Assets Cross-Chain

iFinex Inc. has announced today an integration with the pNetwork (pTokens network). pTokens is a cross-chain system enabling assets to move frictionlessly from one blockchain network to another. At launch, pTokens’ pBTC, pETH, and pLTC, will be listed on non-custodial digital asset exchange and iFinex brand eosfinex, bringing the top crypto assets to the EOS blockchain through the Bitfinex on-chain ecosystem. As decentralized finance...

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“We’re ready for Decentralised Finance” claim traditional financial service institutions
Oct22

“We’re ready for Decentralised Finance” claim traditional financial service institutions

Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions spanning across insurance, banking and trading, 86% are implementing or assessing services built on a DeFi framework. Of those companies, 31% are reporting an enterprise-wide rollout or have deployed use cases of DeFi. Additionally, 58% of companies are concerned they will lose a competitive advantage...

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Fintech Finance Presents: The Fintech Show 4.03: Biometrics in Finance
Oct22

Fintech Finance Presents: The Fintech Show 4.03: Biometrics in Finance

In today’s episode of The Fintech Show, we get a grip on biometric technology! Joining Ali Paterson in the FF studio we have David Crawford from Natwest and Fergal Coburn of Allied Irish Bank fame. Luckily just before lockdown, Lea Jakobiak headed to Soho to meet up with biometric specialists Nuance!...

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FinVision event to address the practical reality of financial innovation
Oct22

FinVision event to address the practical reality of financial innovation

 FintechOS, the global technology provider for banks, insurance and financial services companies, today announced FinVision, a three-day virtual event that showcases successes, challenges and best practices for financial innovation. The event will run from November 17th to 19th and bring together impartial industry leaders, visionary speakers, and experts from the FintechOS community of banks, insurers, fintechs, investors and media....

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Temenos launches real-time SaaS data platform for core banking
Oct22

Temenos launches real-time SaaS data platform for core banking

Temenos, the banking software company, today announced the launch of Temenos Transact Data Hub, a real-time data platform that is integrated and embedded within Temenos Transact, the market leading core banking solution. Temenos Transact Data Hub delivers multiple essential data capabilities that are critical to modern banks leveraging the power of the data held within the core banking platform. Out-of-the box, real-time data...

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Neobank Unifimoney selects Nium to provide international remittance capability
Oct22

Neobank Unifimoney selects Nium to provide international remittance capability

Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney’s capabilities, introducing convenient, secure, and real-time global payment capabilities to customers of Unifimoney. While new technological advances and the continuing inefficiencies of...

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Fintech with principles raises €2.5m for European expansion
Oct22

Fintech with principles raises €2.5m for European expansion

insha, the account with principles, has announced a seed financing round of €2.5 million. The lead investor is the Turkish payment service provider Param. insha will use the money for European expansion, further develop  its ethical banking product and strengthen the team at its headquarters in Berlin and  Istanbul.   insha offers users a digital account that doesn’t contradict their moral values. The app helps  users achieve their...

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Panxora Digital Ventures takes the lead on seed funding initiative to bring the needs of founders and investors back into alignment
Oct22

Panxora Digital Ventures takes the lead on seed funding initiative to bring the needs of founders and investors back into alignment

Panxora Digital Ventures, part of the Panxora Group today launched its hybrid seed funding solution to stimulate the stagnant capital market for new blockchain token projects. Panxora’s hybrid model creates a two-stage fundraising process that bridges the gap between seed investors’ interests and token founders’ needs to produce win-win results. The poor return on investment and deteriorating risk/reward profile for crypto...

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Adyen alums get €3m to launch Silverflow, the first cloud-native card payments platform that connects directly to card networks
Oct22

Adyen alums get €3m to launch Silverflow, the first cloud-native card payments platform that connects directly to card networks

Silverflow, a global payment technology company, is announcing a €2.6m seed funding round, led by UK-based seed-stage investor Crane Venture Partners with participation from INKEF Capital and notable angel investors and industry leaders from Pay.On, First Data, Booking.com and Adyen. With this seed round, Silverflow has now raised €3m in total funding. Silverflow is a payments technology company building a modern and easy-to-use cloud...

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Socure to launch DocV – fully automated document verification solution that eliminates manual reviews
Oct22

Socure to launch DocV – fully automated document verification solution that eliminates manual reviews

Socure, the leader in Day Zero digital identity verification, today announced DocV, a fully-automated omnichannel document verification service that expedites onboarding, reduces fraud, and works to eliminate costly manual reviews. Combining the power and scale of machine learning to accurately verify the authenticity of government-issued IDs, DocV produces auto-decisioning rates as high as 98%, in seconds. The most scalable and...

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ClearScore selects Netacea for bot protection
Oct22

ClearScore selects Netacea for bot protection

Netacea, a provider of bot management solutions, today announces that ClearScore, the UK’s leading free credit score and credit marketplace, has selected Netacea’s bot management solution to protect against credential stuffing attacks and account takeovers. Netacea’s Intent Analytics™ engine can quickly and accurately distinguish bots from humans, which allows ClearScore to give genuine users access and stop malicious bots. The...

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Brits back Brits: UK SMEs unfazed by negative impact of Brexit but abandon plans for international trade, research reveals
Oct22

Brits back Brits: UK SMEs unfazed by negative impact of Brexit but abandon plans for international trade, research reveals

 FreeAgent, which provides cloud and accounting software to small businesses, freelancers and their accountants, has today released research focused on the current state of UK small businesses with regards to the impact of the coronavirus pandemic and Brexit. The research has revealed that the outlook of UK small businesses with regards to Brexit has fluctuated between October 2019 and October 2020. Specifically, the number of SMEs...

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Crypto start up backs tougher regulations on crypto derivative trading as Bitcoin enjoys longest bull run in over a year
Oct22

Crypto start up backs tougher regulations on crypto derivative trading as Bitcoin enjoys longest bull run in over a year

The Financial Conduct Authority (FCA) has recently banned retail investors in the UK from trading in crypto derivatives from January 2021 referring to the “prevalence of market abuse and financial crime in the secondary market”. The FCA also took a dim view of the “extreme volatility in crypto asset price movements” “There is clear consumer demand for the integration of crypto and other digital currencies into our lives, not least the...

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Banking Circle Lending and Cardstream Payment Gateway named most innovative fintech solution
Oct21

Banking Circle Lending and Cardstream Payment Gateway named most innovative fintech solution

A panel of industry experts has selected Banking Circle’s SME lending initiative, delivered by Cardstream, as winner of the 2020 Tech Ascension FinTech Award for Most Innovative FinTech Solution. In partnership with Banking Circle, Cardstream is providing its 200+ Channel Partners with access to affordable, flexible business loans. The joint initiative sees the two businesses’ platforms technically integrated so that Cardstream can...

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Banorte Partners with Volante Technologies For Payments Modernization
Oct21

Banorte Partners with Volante Technologies For Payments Modernization

 Volante Technologies Inc., a leading provider of payments and financial messaging solutions in the cloud, today announced that Grupo Financiero Banorte is partnering with Volante to modernize the bank’s cross-border payment architecture. Going forward all related systems, including channels, will connect to Volante’s VolPay to orchestrate and process cross-border transactions, thereby accelerating the bank’s digital strategy and...

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Atom bank Chooses SurePay to Prevent Fraud and Misdirected Online Payments
Oct21

Atom bank Chooses SurePay to Prevent Fraud and Misdirected Online Payments

SurePay has today announced another successful implementation of it’s UK Confirmation of Payee solution for the UK’s first app-based bank, Atom bank. The Financial Technology company from the Netherlands is already responsible for checking over 95 per cent of all Dutch payments with the IBAN-Name Check and its Confirmation of Payee solution checks 25 per cent of all online payments in the UK. According to research from UK Finance in...

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Independence Starts Here – Now gohenry teen account gives bank of Mum and Dad a backseat and teens money skills for life
Oct21

Independence Starts Here – Now gohenry teen account gives bank of Mum and Dad a backseat and teens money skills for life

Family money app, gohenry, has released a new Teen account and card today in a bid to up the independence stakes for its customers aged 13 to 18. The Teen account builds on the existing gohenry app offer to give its 1 million plus members further financial freedom, along with a new sleek design for teen customers, who are offered the app upgrade when they turn 13. Teens will be able to have a salary paid into the account from any...

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TransferGo partners with Visa to bring global real-time transfers to users
Oct21

TransferGo partners with Visa to bring global real-time transfers to users

TransferGo, one of the world’s fastest growing money transfer companies, today partners with Visa, the world’s leader in digital payments, to bring real-time[1] international money transfers to consumers’ bank cards. This service is currently live in 32 markets, including Germany, Spain, Romania, Poland, Ukraine and Turkey and has the potential to expand to a total of 178 countries in the future with additions such as the UK, Italy...

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The Central Bank of Ireland grants Modulr an EMI licence
Oct21

The Central Bank of Ireland grants Modulr an EMI licence

UK and Ireland-based FinTech Modulr has today announced it has secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited (638002), (hereafter referred to as Modulr Europe). Modulr Europe was granted an EMI licence by the Central Bank of Ireland and plans to provide services to customers across the European Union. Following strong business growth in the...

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Online retailers to accelerate growth plans to combat the COVID-19 crisis
Oct21

Online retailers to accelerate growth plans to combat the COVID-19 crisis

Three quarters (75%) of online UK businesses are experiencing a negative impact on their business due to COVID-19 and even in the long term, the number that say the pandemic will have a negative effect on them (45%) outweighs those that believe it will have a positive impact on their business (31%). That’s according to new research out today from specialist payments platform Paysafe as part of its ‘Lost in Transaction’ report...

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FF Virtual Arena: Eurofinance and Innovation in Treasury Departments
Oct21

FF Virtual Arena: Eurofinance and Innovation in Treasury Departments

In today’s Virtual Arena, join Bank of America Business’s Alex Young and Douglas Mackenzie as they recap the world’s best event for Treasurers, EuroFinance. Diving deeper, they also discuss how CFOs and Treasurers are changing in a data rich world, and becoming the diamonds of the executive board. Join us here today at 14:30BST...

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ICA signs new partnership with Rwanda Finance Limited to offer ICA Education in Rwanda
Oct21

ICA signs new partnership with Rwanda Finance Limited to offer ICA Education in Rwanda

The International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, has entered into a partnership with Rwanda Finance Limited (RFL), a new government agency which aims to develop Rwanda as a business and financial centre of excellence, to provide ICA education in the country. As part of its mandate to develop and promote the Kigali International Financial...

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Jack Henry joins ABA in helping bankers promote financial inclusion
Oct21

Jack Henry joins ABA in helping bankers promote financial inclusion

Jack Henry & Associates, Inc.® is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking® division announced today that, as part of an American Bankers Association (ABA) initiative, it has committed to equipping banks nationwide with Bank On-certified accounts. These accounts are designed to serve the unbanked and underbanked population with...

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Papara wins seat within Inclusive Fintech 50
Oct21

Papara wins seat within Inclusive Fintech 50

Papara, the financial SuperApp and market leading Turkish fintech, has earned a place as part of Inclusive Fintech 50’s 2020 cohort – a group of international, high-potential early-stage fintechs which are focussed on driving financial inclusion and resilience. Inclusive Fintech 50 is a global competition to identify startups poised for success through four key criteria: inclusiveness, innovation, scale potential and traction....

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Worldpay from FIS Expands Operations in Argentina with Domestic Acquiring Capability
Oct20

Worldpay from FIS Expands Operations in Argentina with Domestic Acquiring Capability

 FIS®today announced the latest expansion of its global footprint in the Latin American market by securing domestic card scheme acquiring licenses in Argentina. With the ability to offer local merchants in-country payment processing, Argentine sellers will have access to a broader set of Worldpay from FIS merchant solutions products and services for online commerce. Worldpay processes billions of transactions annually across 146...

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Priceless Planet Coalition expands, unites businesses and consumers worldwide to preserve the environment
Oct20

Priceless Planet Coalition expands, unites businesses and consumers worldwide to preserve the environment

The current pandemic has underscored how interconnected our world has become – and that the health and well-being of our planet is deeply linked to that of our people. As wildfires ravage many parts of the world, from the U.S. west coast to Brazil and Australia, and we experience some of the most extreme weather events on record, we must urgently invest in innovative ways to inspire collective action to address climate change. With...

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Delta Capita appoints Pete Mayberry as Delivery Lead
Oct20

Delta Capita appoints Pete Mayberry as Delivery Lead

Delta Capita, a global provider of managed services, solutions and consulting, announced that it has appointed Pete Mayberry as Managing Principal to lead client delivery. Delta Capita has ambitious growth plans for its managed services offering, and Pete will be instrumental in delivering this for clients. Pete will take responsibility for implementing technology solutions for customers. He will help advance the firm’s mission for...

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Paxful Highlights Security and User Education Can Boost Trust in Crypto
Oct20

Paxful Highlights Security and User Education Can Boost Trust in Crypto

In acknowledging Cybersecurity Awareness Month during October this year, leading peer-to-peer (P2P) cryptocurrency marketplace, Paxful, is highlighting the importance of security awareness amongst users when trading in digital currency. A recent report says illicit cryptocurrency activity accounted for just 2% of Africa’s roughly $16 billion trading volume from July 2019 to June 2020. The cryptocurrency sphere is not immune to...

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Visa, MasterCard, AmEx & Discover endorsing MagicCube as software-only replacement for payment terminals
Oct20

Visa, MasterCard, AmEx & Discover endorsing MagicCube as software-only replacement for payment terminals

MagicCube, the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept™, a complete software-based replacement for traditional payment acceptance terminals. Through i-Accept™, acquiring banks and disruptive financial services institutionscan now enable their merchants and retailers to accept contactless cards, including those from American Express®, Discover®, Mastercard® and Visa®, as...

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SEON teams up with Sun Finance to explore how consumer risk changed during the pandemic in emerging markets
Oct20

SEON teams up with Sun Finance to explore how consumer risk changed during the pandemic in emerging markets

SEON, the fraud fighters, is pleased to announce it has teamed up with Sun Finance, the fastest growing online lender in Europe, working with unbanked and underbanked customers, to explore the changes to consumer risk and how the digital lending industry has been forced to adapt during the pandemic. Taking place on Wednesday 28th October at 10am CET, the session will cover the current landscape of the digital lending industry and how...

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Westpac and Afterpay announce partnership
Oct20

Westpac and Afterpay announce partnership

Westpac Group has today announced Afterpay as the first partner on its new digital  banking platform. The new digital bank-as-a-service platform uses cloud-native technology from  10x Future Technologies and allows Westpac to work with leading companies to offer convenient and innovative banking services to Australians.  Westpac CEO, Peter King, said: “Fintech innovation is changing banking in important  ways and our new digital...

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BUX and Yapily enable German users to invest in seconds
Oct20

BUX and Yapily enable German users to invest in seconds

Leading enterprise connectivity platform Yapily has announced that it is working with BUX, Europe’s largest mobile broker. The new partnership will enable German users of BUX Zero to seamlessly fund their accounts and build an investment portfolio in a matter of seconds. Through partnering with Yapily, BUX Zero customers can conveniently make deposits to their BUX Zero accounts from within their bank’s mobile banking app. Removing the...

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