Temenos recognizes leading partner achievements in annual Partner Awards
May25

Temenos recognizes leading partner achievements in annual Partner Awards

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s Temenos Partner Awards at its annual flagship event, the Temenos Community Forum. These awards recognize the commitment and contribution that Temenos’ much-valued partners bring to the Temenos community. Partner of the Year This award recognizes the partner who played an outstanding role for Temenos in 2017 in two key ways: involvement in the...

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G+D Mobile Security and Samsung SDS Present Convego Mobile Authentication – a User-friendly and PSD2-Compliant Mobile Authentication Solution
May25

G+D Mobile Security and Samsung SDS Present Convego Mobile Authentication – a User-friendly and PSD2-Compliant Mobile Authentication Solution

At this year`s Mobile World Congress in Barcelona (February 26 to March 1), G+D Mobile Security showcases a sophisticated mobile authentication solution, enabling banks and other financial institutions to implement strong biometric authentication for their mobile banking and payment services. The solution is powered by Samsung SDS Nexsign software. Nexsign is a FIDO (Fast Identity Online)-certified authentication solution with unique...

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Giesecke+Devrient and IDnow Combine their worldwide market presence and Biometric, Artificial Intelligence Technologies to create global solutions for secure digital identification
May25

Giesecke+Devrient and IDnow Combine their worldwide market presence and Biometric, Artificial Intelligence Technologies to create global solutions for secure digital identification

G+D Mobile Security and IDnow GmbH entered into a partnership to combine expertise and resources with the aim to develop AI-driven biometric and security technologies. A first result of this cooperation is the development of a fully automatic remote identification solution for international markets. G+D Ventures, the Corporate Venture unit of Giesecke+Devrient, took a minority stake in IDnow as part of a multi-million Euro investment...

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G+D Mobile Security Showcases its Secure Solutions for the Financial Ecosystem at Money20/20 Europe in Amsterdam
May25

G+D Mobile Security Showcases its Secure Solutions for the Financial Ecosystem at Money20/20 Europe in Amsterdam

At this year’s Money20/20 Europe event (https://europe.money2020.com/), G+D Mobile Security will showcase its fully digitalized banking customer journey, including solutions such as compliant digital customer onboarding and customer banking authentication with secure biometrics. The three-day event will take place on 4th to 6th June 2018, at the RAI in Amsterdam, The Netherlands and is the leading industry forum to discuss the latest...

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Thierry Simon, Crédit Agricole on SIBOS
May25

Thierry Simon, Crédit Agricole on SIBOS

Thierry Simon, from Crédit Agricole, talking about having enjoyed SIBOS this year.

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FASTER PAYMENTS CELEBRATES 10th ANNIVERSAR
May25

FASTER PAYMENTS CELEBRATES 10th ANNIVERSAR

Service has run 24/7 since the first payment was sent on Tuesday 27 May 2008 More than 9.1 billion payments worth over £7 trillion have been sent since launch New report suggests the Internet of Things, subscription economy and smarter supply chains could lead to even stronger growth over the next decade The growth of round the clock, real-time payments is set to continue, according to a new report published today (25 May 2018) by...

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Canadian Open-Loop Prepaid Market Grows 27 Percent Over Three Years
May25

Canadian Open-Loop Prepaid Market Grows 27 Percent Over Three Years

The Canadian Prepaid Providers Organization (CPPO) today released its annual benchmark study, entitled Canadian Open-Loop Prepaid Market: 2017, revealing CAD$3.8 billion in total dollars loaded onto open-loop prepaid cards. In addition, there were significant increases to average loads per card in all 17 categories of corporate-, consumer- and government-funded cards. The open-loop market has achieved consecutive growth over the past...

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SAXO PAYMENTS BANKING CIRCLE SHORLISTED FOR THREE PAYTECH AWARDS
May25

SAXO PAYMENTS BANKING CIRCLE SHORLISTED FOR THREE PAYTECH AWARDS

Saxo Payments Banking continues to dominate the cross border payments sector as a disrupting force, as it’s shortlisted in three categories for the 2018 Paytech Awards. Set to be announced on 13 July on the Silver Sturgeon yacht in London, the PayTech Awards recognise excellence and innovation in the use of IT in the finance and payment industry worldwide. Saxo Payments Banking Circle’s successful solution, Banking Circle Virtual IBAN...

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Liberis recognised as one of the UK’s Best Workplaces™ in 2018
May25

Liberis recognised as one of the UK’s Best Workplaces™ in 2018

A welcoming, diverse culture is just one of the reasons why Liberis’ employees choose to go to work every day. There are many other reasons, according to UK’s Best Workplaces™ ranking just published by Great Place to Work®. Liberis, the London-based leading alternative finance provider, was recognised in this year’s ranking along with 127 other UK organisations. Liberis, which launched in 2007 and now employs 97 staff members, is on a...

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UK FINANCE: BUSINESS UPDATE FOR APRIL 2018
May25

UK FINANCE: BUSINESS UPDATE FOR APRIL 2018

UK Finance’s latest Business Update for April 2018 reveals that: UK business borrowing contracted slightly by 1.7 per cent in the last 12 months. However within industry sectors there was a mixed picture with manufacturing maintaining strong growth at 8 per cent while construction contracted by 6.3 per cent in the year. UK business deposits grew by 4.4 per cent in the last 12 months down on the previous six month average of 6...

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IBM and Crédit Mutuel Strengthen Their Strategic Partnership to Build the Bank of Tomorrow
May25

IBM and Crédit Mutuel Strengthen Their Strategic Partnership to Build the Bank of Tomorrow

At VivaTech today, Crédit Mutuel announced a sweeping digital reinvention, partnering with IBM (NYSE: IBM) to devise new ways of working to better serve the bank’s 12 million customers. Crédit Mutuel has selected IBM Cloud, Watson and advanced cybersecurity technologies to fundamentally change how its customer relationships are developed and maintained. As part of a bold strategy to embed artificial intelligence solutions in most of...

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Maia Global, BSA Logistics, and XVC Logistics Join the OEL Foundation to Promote Blockchain Within the Logistics Industry
May25

Maia Global, BSA Logistics, and XVC Logistics Join the OEL Foundation to Promote Blockchain Within the Logistics Industry

The Open Enterprise Logistics (OEL) Foundation, the non-profit organization open to enterprises in the supply chain and logistics industry, today welcomed four new members; XVC Logistics, BSA Logistics (a member of Sinar Mas Group), Maia Global, and Bastian Consulting, extending the reach of the OEL Enterprise Architecture and further promoting blockchain innovation for the logistics space. The announcement coincided with the...

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Avaloq onboards Deutsche Bank Luxembourg
May25

Avaloq onboards Deutsche Bank Luxembourg

Avaloq, a leader in digital and core banking software and solutions for banks and wealth managers, has announced that Deutsche Bank Luxembourg has adopted its Avaloq Banking Suite. Over 150 customers and wealth managers manage 4 trillion US dollars in assets with Avaloq, helping everyone from the ultra-high net worth investor to the average saver. Adopting the Avaloq Banking Suite allowed Deutsche Bank Luxembourg to migrate to a new,...

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Temenos honors leading customer achievements in 2018 customer awards
May25

Temenos honors leading customer achievements in 2018 customer awards

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s Temenos Customer Awards. The awards recognize the Temenos clients who are technology pioneers and are making fundamental changes to their IT platforms to ensure that they better serve their customers in the digital age. Jean-Michel Hilsenkopf, Chief Revenue Officer, Temenos, said: “Our Temenos community is growing from strength to strength. ...

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XTRD.io Joins the FIX Trading Community to Help Bring Institutional Money Into Cryptocurrency Markets
May25

XTRD.io Joins the FIX Trading Community to Help Bring Institutional Money Into Cryptocurrency Markets

XTRD.io, a company founded by veteran Wall Street trading specialists that is developing a set of technologies that will allow institutional investors to trade cryptocurrencies, has joined the FIX Trading Community, an international organization aimed towards fostering the interoperability of global financial markets. By joining the prestigious organization mostly made up of traditional financial companies, XTRD looks to work...

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Investment strategies based on both leverage and momentum provides enhanced profits, according to new study.
May25

Investment strategies based on both leverage and momentum provides enhanced profits, according to new study.

Previous studies on investment strategies have shown that higher returns on investment can be made only by taking high levels of risk. A new study, the first of its kind, brings together two asset pricing features: returns to low leverage firms and continuation of prior returns. Earlier studies do not consider momentum and likewise, studies on momentum do not consider leverage. The analysis has shown that by using a combined...

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How Traditional Finance Companies Can Safeguard Their Future in the Age of Blockchain
May25

How Traditional Finance Companies Can Safeguard Their Future in the Age of Blockchain

Author: Patrick Lastennet, Director of Marketing & Business Development – Financial Services at Interxion As enthusiasm towards blockchain builds, how can enterprises take advantage? In recent years a number of enterprise-facing solutions and consortia have been developed to promote adoption and aid integration. Some of the best-known private solutions gaining interest today include: · The Enterprise Ethereum Alliance...

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An acquisition crucial for our leadership in European payments
May25

An acquisition crucial for our leadership in European payments

“Thanks to the agreement with First Data, SIA Group continues on its path of international growth, confirming its leadership at European level in a sector like that of electronic payments undergoing continuous consolidation. In particular, in Central and Southeastern Europe we will become the foremost technology provider in a market that in the coming three-year period will see a rise in payment transactions of over 11% per annum,...

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SIA ACQUIRES CARD PROCESSING BUSINESSES IN CENTRAL AND SOUTHEASTERN EUROPE FROM FIRST DATA
May25

SIA ACQUIRES CARD PROCESSING BUSINESSES IN CENTRAL AND SOUTHEASTERN EUROPE FROM FIRST DATA

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data. This acquisition by SIA...

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Tappit announces global expansion
May25

Tappit announces global expansion

tappit, a leading cashless experience specialist for sports events, festivals and other global entertainment venues, today announced it is opening four new offices as a part of its global expansion. The company will base its European offices in Manchester and London, while also taking to the US via Los Angeles, with an Australian office opening in Melbourne. tappit has also appointed a new Chief Marketing Officer, Jenni Young, who...

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Companies face identity verification challenges with data deletion requests under GDPR
May25

Companies face identity verification challenges with data deletion requests under GDPR

As GDPR comes into force today, organisations will be faced with the potentially crippling effect of data deletion requests. According to a recent survey, a third of Britons are likely to exercise their right to be forgotten under GDPR due to concerns about privacy and data protection. The first step that customers will take in their right to be forgotten is the submission of a Subject Access Request (SAR). Companies must ensure that...

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Speech by An Taoiseach, Leo Varadkar,T.D., Temenos Community Forum, Convention Centre Dublin
May24

Speech by An Taoiseach, Leo Varadkar,T.D., Temenos Community Forum, Convention Centre Dublin

I am delighted to be here today and I would like to thank Temenos for choosing Ireland for this year’s location for your Community Forum. In particular, I want to welcome those of you who have come from overseas, you are very welcome to Ireland. Ireland is one of the world’s leading technology hubs, so the themes you are exploring today such as digital disruption, fintech, and digital banking are ones that resonate with us. The...

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Darryl Twiggs, SmartStream on Product Focus
May24

Darryl Twiggs, SmartStream on Product Focus

Darryl Twiggs, from SmartStream, talking about SmartStream’s product focus right now.  

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FinancialForce Announces Global Sales and Implementation Partnership with Appirio
May24

FinancialForce Announces Global Sales and Implementation Partnership with Appirio

FinancialForce, a leading customer-centric ERP cloud vendor built on the Salesforce Platform, announced a global sales and implementation partnership with Appirio, a Wipro company. This will help enable companies competing in the new services economy to leverage FinancialForce cloud technology to respond more rapidly to customer demands. The burgeoning new services economy demands a shift in the way businesses reach, and serve,...

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Temenos Redefines Product Origination and Customer Onboarding
May24

Temenos Redefines Product Origination and Customer Onboarding

Temenos (SIX:TEMN), the banking software company, today launched Temenos Origination, a component-based platform, that enables banks to onboard customers and originate products across all segments, channels and devices, offering bank customers a frictionless and contextualized digital experience. With Temenos’ solution, banks can rapidly design and deliver personalized products and digital services, at a pace their customers...

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Deloitte: Retail and CPG industries poised to take advantage in ‘age of blockchain’
May24

Deloitte: Retail and CPG industries poised to take advantage in ‘age of blockchain’

Blockchain technology to revolutionise the retail and consumer packaged goods industry; · Deloitte report identifies areas with the biggest immediate opportunity for retail and CPG businesses looking to invest in blockchain technology. The retail and consumer packaged goods (CPG) industry is well placed to take advantage of blockchain opportunities which could revolutionise their operations and processes, according to findings from a...

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Alexander Plenk, BayernLB on Future
May24

Alexander Plenk, BayernLB on Future

Alexander Plenk, from BayernLB, talking about what is their vision for the future.

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Jóhann Bragi Fjalldal, Meniga on Challenges Fintech is Facing When Integrating With Banks
May24

Jóhann Bragi Fjalldal, Meniga on Challenges Fintech is Facing When Integrating With Banks

Jóhann Bragi Fjalldal, from Meniga, talking about the challenges fintechs face when integrating with banks.

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How man and machine can work together in perfect harmony:  the case for robotics and AI-driven organizational change
May24

How man and machine can work together in perfect harmony: the case for robotics and AI-driven organizational change

By Gilles Ermont, Managing Principal, Capco & Patrick Hunger, CEO, Saxo Bank, Switzerland The primary goal when implementing robotics and artificial intelligence in the workplace is to improve operational efficiency. Naturally, there is concern that this will lead to a threat to human employment and therefore society itself. In our view, this concern is misguided. To succeed, companies need to focus on maximizing both man and...

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ICBF took part in the Russian Blockchain Week 2018
May24

ICBF took part in the Russian Blockchain Week 2018

On May 21, the ICBF trust fund took part in the leading event of the year in the field of blockchain technologies and cryptocurrency – Russian Blockchain Week 2018. It’s a 5-day event, where the hosts will provide each participant with the widest spectrum of the industry expertise.    ICBF is one of the first funds professionally investing in the high-yield blockchain assets. ICBF CEO Anton Machnovsky and the company’s COO Maxim...

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Senior hires in Sales and Marketing at ThinCats
May24

Senior hires in Sales and Marketing at ThinCats

Alternative finance specialist, ThinCats, has welcomed Tony Smedley as Head of Sales Operations, and Richard Wilson as Head of Marketing. These strategic hires continue the company’s expansion and enable the firm to further ramp up the provision of vital funding for SMEs, and to proactively support their growing network of business partners throughout the UK. Tony Smedley has most recently been supporting businesses in the finance...

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Customer behaviour turbocharging the need for banks to get more digital
May24

Customer behaviour turbocharging the need for banks to get more digital

Digital transformation has become a survival strategy for banks today. UK Finance’s The Way We Bank Now report reveals 5.5 billion log-ins to banking apps last year, a 13% rise on the previous year. With more reliance on digital services from customers and the Open Banking Initiative opening the door for more competition, banks are increasingly collaborating with digital experts to enhance their digital capabilities. Farida Gibbs, CEO...

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Appointment of Amanda Mesler as Chief Executive Officer and Directorate Changes
May24

Appointment of Amanda Mesler as Chief Executive Officer and Directorate Changes

Earthport plc (AIM: EPO.L) is pleased to announce the appointment of Amanda Mesler as Chief Executive Officer with effect from 1 st July 2018. Amanda will join the Board as an Executive Director once the Regulatory Approvals have been received. In conjunction with this appointment, Hank Uberoi will step down as Executive Chairman of Earthport. He will remain on the Board as a Non-Executive Director and Senior Advisor to the CEO and...

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Token Enables Bank Direct Payments for Paymentworld
May24

Token Enables Bank Direct Payments for Paymentworld

Turnkey open banking platform provider Token today announces that it is enabling Paymentworld Europe Ltd. to provide a bank direct payments facility to its business and consumer customers. Paymentworld’s portfolio of payment services includes a payment gateway with 400+ payment options in 160 countries, an EWallet that enables B2B, B2C and C2C transactions, independent payment processing and value-added services such as loyalty and...

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GDP HUH? BRITS BAFFLED BY INCOMING EU DATA LAW
May24

GDP HUH? BRITS BAFFLED BY INCOMING EU DATA LAW

With comprehensive new rules governing data privacy kicking in tomorrow, millions of UK citizens are still completely in the dark about what the changes under the General Data Protection Regulations (GDPR) mean for them, according to research by Virtual Private Network comparison service Top10VPN.com. In fact, almost half of Brits (44%) haven’t actually heard of the term GDPR. Perhaps more disconcertingly, around a third (31%) have no...

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AMERICANEAGLE.COM JOINS OSPT ALLIANCE BOARD
May24

AMERICANEAGLE.COM JOINS OSPT ALLIANCE BOARD

OSPT Alliance, the global community chartered to drive the future of mobility services, today announced that Americaneagle.com has upgraded its membership from Associate to Full, in line with its increased technical and commercial focus on CIPURSE™, the Alliance’s non-proprietary open standard. Americaneagle.com, headquartered in Chicago, provides innovative online solutions and integrated fare collection systems to a global client...

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Moneyhub integrates with Intelliflo for financial advisers
May24

Moneyhub integrates with Intelliflo for financial advisers

Moneyhub has integrated with Intelliflo’s API A holistic 360-degree view of their client’s financial position and behaviour enables advisers to offer a hyper-personalised service Moneyhub is currently the only AISP regulated firm offering a client portal in the iO Store Moneyhub has integrated with Intelliflo’s API, to offer financial advisers an innovative, transparent, and holistic 360-degree view of their clients’ managed pensions...

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ArchOver launches Innovative Finance ISA to UK investors
May24

ArchOver launches Innovative Finance ISA to UK investors

ArchOver, the peer-to-peer (P2P) business lending platform, is helping British investors make the most of their annual tax-free allowance with the launch of its Innovative Finance ISA (IFISA). ArchOver’s IFISA service offers investors premium credit control and security, proven by ArchOver’s no-loss rate. It allows investors to invest directly in successful businesses, earning tax-free interest of up to 10% p.a. – far more than the...

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All work and no play for UK’s Small businesses
May24

All work and no play for UK’s Small businesses

Almost a quarter of small business owners in the UK (24%) took fewer than five days’ holiday over the last year with 15% taking no leave at all, according to new research from Hitachi Capital Business Finance. Among start-ups, this figure rose to 31%, with 19% taking no leave. At a time when most people are making plans for the long bank holiday weekend, Hitachi’s new research shows that whether by choice or compulsion, many of the...

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Julius Baer goes live with WealthSuite in Asia
May24

Julius Baer goes live with WealthSuite in Asia

Temenos (SIX: TEMN), the banking software company, today announced that Julius Baer’s divisions in Singapore and Hong Kong have successfully completed the migration to Temenos WealthSuite. WealthSuite combines core banking, portfolio management, channels and analytics functions in a single wealth management platform. Julius Baer is a leading Swiss private banking group with around 400 billion USD in assets under management globally....

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Deloitte and AllClear ID® Launch First 72-Hour GDPR Customer Notification and Identity Protection Service

Deloitte LLP, with 20 years of successfully delivering large-scale customer outreach solutions, and AllClear ID, Inc., the world’s leading provider of customer breach notification and identity protection, today announce their collaboration to deliver data breach customer notification services to the customers of businesses under the GDPR regulations. The collaboration will offer Customer Breach Support (CBS) to businesses, the first...

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NorthRow to verify international users for UK Open Banking
May24

NorthRow to verify international users for UK Open Banking

NorthRow extends remit to provide verification checks of FinTech and financial organisation users for Open Banking across European Union and globally. NorthRow (a Contego solutions business), the RegTech and compliance specialist, has been chosen by the UK’s Open Banking Implementation Entity (the ‘OBIE’), to verify its users in the European Union and the rest of the world. The move follows the successful implementation of...

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SWIFT: A quarter of all cross-border payments now over gpi
May24

SWIFT: A quarter of all cross-border payments now over gpi

SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments. It is set to be the standard for all cross-border...

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GDPR arrives – FIDO Alliance comments on what it means for online authentication​
May24

GDPR arrives – FIDO Alliance comments on what it means for online authentication​

Tomorrow, on Friday, May 25, 2018, the General Data Protection Regulation (GDPR) will finally come into effect, requiring all companies that deal with European Union citizens to implement strengthened data protection safeguards. Ahead of this FIDO Alliance, the world’s largest ecosystem for standards-based, interoperable authentication, has outlined what every organisation should know when it comes to authentication in the age of...

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Just Group develops new business to disrupt the defined benefit transfer market
May24

Just Group develops new business to disrupt the defined benefit transfer market

Just Group has developed a new business – HUB Pension Solutions – to transform the way trustees, pension scheme members and financial advisers implement and participate in scheme transfer exercises. The new business is one of the HUB companies within Just Group, which focus on delivering corporate solutions to employee benefit consultants, financial advisers, pension schemes, other UK businesses and to their members,...

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Plus500 Limited
May24

Plus500 Limited

Intention to apply for admission to the Premium Segment of the Official List and to trading on the Main Market Plus500 Limited (AIM: PLUS) (“Plus”, the “Company” and together with its subsidiary undertakings, the “Group”) today announces its intention to apply for admission of all of its issued ordinary shares of NIS0.01 each (“Ordinary Shares”) to listing on the premium listing segment...

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Pioneering Finnish staffing startup Treamer boosts growth through public offering
May24

Pioneering Finnish staffing startup Treamer boosts growth through public offering

Treamer, a Finnish staffing startup, has developed a groundbreaking digital platform for hiring temporary labour quickly, reliably and in a fair manner. Initially launched in 2016, the service has already been welcomed by both staff-seeking companies and people seeking work. Treamer now seeks growth and offers everyone the opportunity to become a shareholder through a public share offering on Invesdor. Treamer was founded in 2015 by...

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Beware of excessive – and avoidable – fees when abroad, warns deVere CEO
May24

Beware of excessive – and avoidable – fees when abroad, warns deVere CEO

Holidaymakers, expats and internationally-mobile individuals could unknowingly be adding up to 10 per cent to their costs when abroad. This is the warning from the boss of one of the world’s largest independent financial services organisations. Nigel Green, founder and CEO of deVere Group, is speaking out a month ahead of the start of peak travel season, which is usually defined as mid-June through August. Mr Green says:...

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Industry Pioneers will Define How FinTech is Accelerating Digital Transformation of Banking at Finnovation South Africa 2018
May23

Industry Pioneers will Define How FinTech is Accelerating Digital Transformation of Banking at Finnovation South Africa 2018

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent. Finnovation South Africa 2018, which will be held on the 6th of June 2018 at the Radisson Blu Gautrain, will gather international FinTech experts...

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Fintech Finance Presents: The Paytech Show 1.01 – Innovating Mobility
May23

Fintech Finance Presents: The Paytech Show 1.01 – Innovating Mobility

 In this episode of the Paytech Show, we look at how digital innovations are changing the customers’ journey and relationship they have with their bank. We speak with the mobile banking experts, G+D Mobile Security, who break down why banks are struggling to keep up with the changing pace that the ‘tech savvy’ consumers now demand. We also get insight from Rabobank’s Harrie Vollard who details how digital and...

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