Banking Circle Helps Smaller Banks Fast-Track to Comply With EU SEPA Instant Mandate
- 3 days 21 hours ago
- Banking
On 7th February 2024 the European Parliament mandated that instant payments (in less than 10 seconds) should be the de facto standard for consumers and businesses in the SEPA zone, with a deadline set of 9th January 2025 to deliver this service. For smaller banks with already stretched IT and development resources, less than 12 months to make significant infrastructure changes could be a step too far. Recent insight suggests that more than 40%...
Wirex Chooses OpenPayd to Launch Embedded Accounts Across UK and EEA
- 3 days 21 hours ago
- Banking
Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment metho
Barclays Bank Goes Live on CLS’s Cross Currency Swaps Service
- 3 days 21 hours ago
- Transaction Banking
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.
Worldline Partners with Visa to Launch Virtual Card Issuing Solution for Online Travel Agencies
- 3 days 22 hours ago
- Payments
Worldline, a global leader in payment services, today announced a strategic partnership with Visa, a global leader in digital payments, to launch a new virtual card issuing solution. This strategic collaboration marks a pivotal moment, propelling Worldline beyond payment processing and into direct card issuance. The project will focus on the Online Travel Agency (OTA) market due to a high demand for this solution and Worldline’s strong heritage...
Presidents Choice Financial® Selects Temenos to Expand Banking Business
- 3 days 22 hours ago
- Banking
Temenos today announced that President's Choice Financial® (PC Financial®), part of Loblaw Companies Limited – Canada’s leading food and pharmacy retailer, has selected Temenos to extend its reach into the Canadian banking market. PC Financial® will adopt Temenos retail core banking solution as SaaS on Microsoft Azure, enabling it to scale products and expand its banking proposition rapidly.
Temenos Introduces Temenos Positions to Transform Banking Operations
- 3 days 22 hours ago
- Banking
Temenos today introduced Temenos Positions, a financial processing solution designed to transform banking operations for institutions with complex, multi-core systems across multiple lines of business in both Retail and Corporate banking.
Bankart Partners with Diebold Nixdorf to Modernize its Payment Processing Platform Across Southeast Europe
- 4 days 15 hours ago
- Payments
Diebold Nixdorf, a world leader in transforming the way people bank and shop, today announced that Bankart, the leading payment processing company in Slovenia and the surrounding region, is migrating its payment services by using Diebold Nixdorf's proven Vynamic® Transaction Middleware.
Broadridge and Kyndryl to Partner in Canadian Wealth Management
- 4 days 16 hours ago
- Wealth Management
Global Fintech leader Broadridge Financial Solutions, Inc., today announced that it will acquire Kyndryl's Securities Industry Services (SIS) wealth and capital markets technology platform. SIS solutions include clearing and settlement, account record keeping, tax and regulatory reporting, and integrated order management activities for Canadian financial services firms.
Finastra Boosts its Payments Processing Strategy with Fed Certification for ISO 20022
- 4 days 17 hours ago
- Payments
Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.
More Than Half of Parents Would Choose Their Child's Bank Based on Online Safety Education
- 4 days 17 hours ago
- Personal Finance
A new study from CybSafe, the human risk management platform, found 56% of parents were more likely to sign their child up with a bank if the institution offered training about staying safe online.
American Express Partners with Worldpay to Offer Greater Payment Choice and Simplicity for Small Businesses
- 4 days 18 hours ago
- Payments
American Express and payment solutions company Worldpay have signed a new agreement which makes it even easier for small businesses to welcome loyal and high-spending American Express Cardmembers.
Linnovate Partners Announces Close of USD 40 Million Funding Commitment Led by SeaTown
- 4 days 19 hours ago
- Fundraising News
Linnovate Partners ("Linnovate"), a leader in asset servicing and fintech for the alternative investment industry, is pleased to announce the successful closure of USD 40 million funding commitment by SeaTown Private Capital Master Fund. SeaTown Private Capital Master Fund is managed by SeaTown Holdings International Pte. Ltd. ("SeaTown"), a leading Asia-focused alternative investments firm that is owned by Seviora, Temasek's asset management...
Fils and Arab Financial Services (AFS) Forge Strategic Partnership to Drive Sustainable Digital Transformation in the MENA Region
- 4 days 19 hours ago
- Payments
Fils, the fast growing, UAE based enterprise-grade digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, today announced a major partnership with Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler.
Noda Introduces a Range of End-User KYC Solutions for Online Merchants
- 4 days 20 hours ago
- Payments
Know Your Customer (KYC) is a widely used technology for end-customer identity verification. KYC is essential in compliance and anti-money laundering efforts. For many businesses, such as cryptocurrency or investing platforms, KYC implementation is a compliance requirement before onboarding new clients. “Identity verification, which is part of KYC, is a valuable fraud prevention tool that can identify an account duplicate and prevent account...
docStribute® Partners with Hinckley & Rugby Building Society to Transform Customer Engagement
- 4 days 20 hours ago
- RegTech
docStribute, a leading UK RegTech (Regulation Technology) company specialising in regulated document distribution solutions, is excited to announce its strategic partnership with Hinckley & Rugby Building Society. This partnership reflects Hinckley and Rugby's focus on customer centricity through enhanced engagement with members, alongside the desire to move to more efficient business operations.
