27 November 2015

Company announcements


Record 7.3 billion automated payments made in UK in 2014; faster payments an engine for growth

19 November 2015  |  2250 views  |  0 comments | 2 tweets | 2 linkedin

More automated payments were made in the UK in 2014 than ever before, according to a new report published by Payments UK, the trade association for the growing payments industry.

Wholesale banking

State Street brings Shagoury on board to strengthen technology leadership team

19 November 2015  |  1272 views  |  0 comments | 3 linkedin

State Street Corporation (STT) announced today two appointments to further strengthen its information and technology capabilities and accelerate its digital service offerings.

Wholesale banking

Intuit and Kiva offer financing for small businesses

19 November 2015  |  1189 views  |  0 comments | 1 tweets

Intuit Inc. (Nasdaq:INTU) and Kiva Zip.org have partnered to make it easier for under served small businesses to obtain loans through the QuickBooks Financing Platform.

Retail banking

Stonegate Bank and MasterCard enable US-issued debit cards for use in Cuba

19 November 2015  |  1076 views  |  0 comments

Stonegate is pleased to announce that the Bank is now offering a Debit MasterCard card that can be used at the Point of Sale terminal at any of Cuba's 10,000 hotels, restaurants and other card-accepting merchants.

Retail banking

Proxama appoints Merton Smith as VP of sales and business development

19 November 2015  |  1289 views  |  0 comments

Proxama PLC (AIM: PROX), the leading mobile proximity marketing experts and provider of end-to-end payment solutions for card issuers, today announced the expansion of their digital payments team with the appointment of Merton Smith as Vice President of Sales and Business Development.


CommBank adds American Express to mobile payments app

19 November 2015  |  1998 views  |  0 comments

CommBank app Tap & Pay now supports both MasterCard and American Express credit card payments, adding to the existing debit card functionality and giving more Australians the ability to further embrace the digital wallet and manage their money on-the-go.

Financial inclusion

MyBucks and Opportunity International Partner to drive financial inclusion for 460 million unbanked

19 November 2015  |  2030 views  |  0 comments | 1 linkedin

Opportunity, Inc., a next generation microfinance organization that invests philanthropic and social impact capital to spark and scale innovative solutions to global poverty, has entered into a share purchase agreement to sell six banks serving sub-Saharan Africa to the MyBucks Group, a Luxembourg-based financial technology (fintech) company which holds the three brands GetBucks, GetSure and GetBanked.

Mobile & online

Prepaid Financial Services announces the sale of 5% of its shares for £2.5m

19 November 2015  |  1428 views  |  0 comments | 1 tweets | 1 linkedin

Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid card issuing, acquiring and providing alternative banking solutions via its own technology platform, today announced it has sold 5% of the company to a strategic investor after being valued in excess of £50m.

Trade execution

SEC proposes rules to enhance transparency and oversight of alternative trading systems

19 November 2015  |  1090 views  |  0 comments | 1 linkedin

The Securities and Exchange Commission today announced it has voted to propose rules to enhance operational transparency and regulatory oversight of alternative trading systems (ATSs) that trade stocks listed on a national securities exchange (NMS stocks), including “dark pools.”

Wholesale banking

Liquid Capital deploys IPC for collaboration on trading and risk management

19 November 2015  |  1134 views  |  0 comments

IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that Liquid Capital Group has deployed IPC’s Managed MPLS VPN solution to enable collaboration on trading and risk management strategies among the firm’s personnel and sites located in Hong Kong, Sydney, London, Chicago, Singapore, Seoul, Tokyo and Chengdu.

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