Fintech Radar
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WorldFirst acquires Wyre's retail cross-border payment service
Today, we’re excited to announce our account transfer agreement for the sale of our retail money transfer business to WorldFirst, one of the largest money transfers companies in the industry.
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First Data extends Wels Fargo joint venture
First Data (FDC) announced today that it has extended its merchant acquiring joint venture with Wells Fargo Bank, Wells Fargo Merchant Services (WFMS), until December 31, 2024.
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Fortumo launches direct carrier billing with four Swedish telcos
The mobile technology company Fortumo is today announcing that it has launched direct carrier billing and SMS messaging in Sweden.
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Standard Chartered upgrades Swift for Corporate trade programme
Standard Chartered has enhanced its SWIFT for Corporates Trade solution to provide a full suite of trade messaging capabilities which will enable the digitisation of trade and trade finance for their international clients.
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Industrial Bank implements Avaloq for private banking core rebuild
Fuzhou-headquartered Industrial Bank Co., Ltd, one of China’s largest banking groups with total assets of CNY 6.09 trillion1, has selected Avaloq to provide a comprehensive front-to-back banking solution for its Hong Kong Branch private banking business.
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Figo receives payments institution licence from BaFin
As of 16. August 2018, it’s official: figo GmbH is now a regulated institution under the Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz - ZAG), granting figo authorisation by the Federal Financial Supervisory Authority (BaFin) to provide payment initiation (PIS) and account information services (AIS), which have been regulated since the beginning of the year.
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Archax partners with Custom House for KYC & AML checks
Archax, the upcoming institutional-grade crypto exchange, today announced that it has partnered with Custom House Global Fund Services to perform Know Your Customer (KYC) and Anti Money Laundering (AML) checks on firms and professional investors wishing to join and trade on the Archax exchange.
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Next-Level Robotics Arrives, But Enterprises May Not Be Ready
First, there was automation, then robotics process automation (RPA). As the enterprise makes its way through the Industry 4.0 age of automation and data sharing, analysts say there is yet another wave ahead, combining smart technologies to make businesses more efficient. Industry 4.0 is the term given for the current trend of automation within the […]