While many industries have already made the switch from traditional on-premise to software-as-a-service and platform-as-a-service solutions, the financial sector has traditionally opted for a more nuanced, gradual migration to the cloud. Increasingly, however, financial institutions are now migrating their core services to public and private cloud solutions.
Trustly and digital recycling refund solution iPANT are pleased to announce a partnership that lets people recycle their empty bottles at reverse vending machines (also known as RVMs or pantmaskiner) in their housing complexes and receive their refund directly back to their bank account.
While the road to API connectivity has not been smooth, solid progress is being made in connecting banks to third parties, says Token’s CEO, Todd Clyde.
UK banks HSBC and RBS are both set to launch new separate digital banking platforms.
The rise of ‘tap-to-pay’ payments made using smartphones is showing no signs of slowing down. It is estimated that mobile payments will amount to $14 trillion by 2022. To keep up with this trend, banks and issuers must be proactive in offering solutions that suit the evolving needs of their customers.
In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today completed a proof of concept for an artificial intelligence (AI) and machine learning module within its existing TLM Cash and Liquidity Management solution for receipts and payments - essential for any business in terms of liquidity risk and regulatory reporting
Since inception, Bitcoin Events have cut through the hype and challenged the critics to educate, upskill and drive long-term thinking on the strategic benefits of cryptocurrencies and blockchain technology for businesses, governments, citizens and society.
American Express has partnered with a life insurance & investment company Vitality to create a new credit card that will reward Vitality members for physical activity.
Indian e-commerce and payments firm Paytm is to expand into insurance, lending, stockbroking and investments after receiving a whopping $1 billion round of funding.
Industry’s most accurate security rating uses machine learning to help organizations manage third-party vendor risk
The breadth and complexity of Open Banking systems involve a web of players interconnected by the core need to access data. Used as the tool by which financial institutions and third parties deliver innovative financial products, the data required is highly personal by nature and brings with it a myriad of challenges on the part of institutions trying to capitalise its on value without taking on too much risk.
PayPal has agreed its largest ever acquisition - a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals.
Swiss Corner Bank has launched a biometric credit card in partnership with Visa, Gemalto and Fingerprint Cards, which is the first limited commercial launch of its kind, according to an announcement from FPC.
Working in tandem with Amazon Web Services and Mastercard, Finnish fintech Enfuce has launched My Carbon Action, a digital tool that allows businesses to track and calculate the carbon dioxide equivalent (CO2e) emissions of every purchase and provide insights into their climate change impact.
IT company Infrasoft Technologies is planning further global expansion in the Caribbean and Bahamas while focusing on opportunities in Europe, Japan and South Korea.
Swedish mPOS vendor iZettle has launched a recycled card reader made from fishing ropes and nets collected from the North and Baltic seas.
PayPal has joined a $4.2 million funding round for cryptocurrency compliance and risk management platform TRM Labs.
Intelling, a blog and analyst specializing in the secure transactions industry, is proud to announce it has published a new White Paper on the evolution of the relation between government identity and private identity.
At the Open Banking 2.0 Panel, representatives from HSBC, TSB, Lloyds Banking Group, Standard Chartered and Dankse Bank stated that Open Banking has yet to be a commercial success for the majority of fintechs and banks.