Category : Banking

Banking Fintech Investment Services News

Wirecard North America Inc. Pursues Acquisition

Fintech News Desk
by Fintech News Desk0
Wirecard North America Inc., a separate legal and business entity of Wirecard AG with over 20 years in the payments industry, announced that it is seeking acquisition. An investment bank is coordinating the sale process. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing Wirecard North America is a......
Banking Fintech Investment Services News

Bitcoin Association Announces Bitcoin SV Technical Standards Committee

Fintech News Desk
by Fintech News Desk0
Bitcoin Association, the Switzerland-based global industry organization that works to advance business with Bitcoin SV, announces the establishment and eleven initial members of its Bitcoin SV Technical Standards Committee. The Committee represents a major step by the Bitcoin SV ecosystem to professionalise the development of in order to support major enterprise use......
Banking Blockchain Fintech News

Central Banks Receive Submissions From L3COS for Regulated Digital Currency Operating System

Fintech News Desk
by Fintech News Desk0
Six central banks have received submissions for the development of the world’s first regulated blockchain-based operating system. Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group Central banks are studying the application of regulated blockchain technologies as they look to provide their institutions with fast, secure......
Banking Fintech News Risk Management

Bankers Cite Credit Risk as the Top Concern in Wolters Kluwer’s Basel IV Survey

Fintech News Desk
by Fintech News Desk0
There is a general consensus among bankers as to which challenges posed by the Basel III finalization reforms (commonly referred to as Basel IV) are most acute, with credit risk identified as the biggest challenge, and of the need to use the data generated to make their institutions more efficient......
Banking Fintech News

IDEMIA and Treezor Launch the First Eco-Friendly Payment Card by Onlyone, a French Fintech Firm

Fintech News Desk
by Fintech News Desk0
IDEMIA teamed up with Treezor over three years ago to develop a broad range of groundbreaking products like metal cards and new look / new-feel cards – colored layers, bushed metal finish, transparent – targeting key French neobanks and fintechs. Read More: bitFlyer: Confidence in Cryptocurrency Increases Across European Populations......
Banking Business Fintech News

1871 and BMO Harris Bank Announce WMN•FINtech Program Participants

Fintech News Desk
by Fintech News Desk0
1871 and BMO Harris Bank are proud to announce the five participating companies selected to join WMN•FINtech on June 15, 2020. WMN•FINtech is the latest evolution of the BMO Harris / 1871 Innovation Program, and the first iteration to be dedicated solely to women-led startups in fintech. Of the startups that applied to the......
Banking Business Fintech News

Commercial Bank Dubai and Thunes Partner to Offer Real-Time International Remittances

Fintech News Desk
by Fintech News Desk0
Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world. Through this partnership with Thunes, Commercial Bank of Dubai will be able to......
Banking Business Fintech News

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Fintech News Desk
by Fintech News Desk0
Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets......
Banking Fintech News

Southeast Asia’s Cross-Border Real-Time Payments Network Emerges with Payments Innovation as Driving Force, New Research from ACI Worldwide and Kapronasia Reveals

Fintech News Desk
by Fintech News Desk0
Southeast Asia is emerging as a global focal point for cross-border real-time payments growth, with ISO 20022 and QR codes as key drivers, according to Envisioning a pan-regional real-time payment ecosystem in Southeast Asia. The new research, published by ACI Worldwide and financial technology market research and consulting firm Kapronasia, reveals real-time payments......
Banking Fintech News Risk Management

Quinte Financial Technologies July 8th Webinar Will Address Increased Credit Risks and Loan Demand for Credit Unions and Banks

Fintech News Desk
by Fintech News Desk0
Quinte Financial Technologies Inc. (Quinte) announced that its complimentary July 8th Webinar, entitled “Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks,” will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which: Read More: Bank......
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