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Wednesday, May 16, 2018

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BUSINESS

Mauritius Prepares to Establish Sovereign Fintech Fund

Mauritius’ Financial Services Commission (FCS) has decided to set up a sovereign fund to provide seed capital for the development of financial technology in...

LuLu teams Fiserv to tackle AML

LuLu Exchange has selected Fiserv, a global provider of financial services technology solutions, to enhance its financial crime prevention capabilities and enable its expansion...

PAYMENTS

SECURITY

‘Finger vein payment’: Brunel Univ scores world-first

Costcutters became the first ever convenience store in the world to sell groceries using 3D scanner of the finger. Students at the Brunel University were...

ECS Fin’s Realtime Payments (RTP) is TCH ready

NEW YORK, TBD—ECS Fin, a New York based global Fin Tech announced today that IMS real-time payments has connected to RTP®, The Clearing House’s...

Finma Fine-Tunes Digital on-Boarding Rules

The regulatory and supervisory authority of Swiss financial markets, FINMA has tweaked its rules for digital client on-boarding in accordance with the advance and...

Visa Acquires Fraedom To Offer Comprehensive Business Solutions

Visa Inc., the world leader in digital payments, announced a Pound 142million deal to buy off Fraedom, a software-as-a-service technology company that offers payments...

First Bank to revamp with Crmnext’s human touch

Eyeing an overhaul, First Bank, the North Carolina-based private bank, has selected Crmnext’s customer relationship management (CRM) solution. With its decision, the regions 2nd largest...

Salil Parekh is the new CEO&MD at Infosys

The India-based IT major Infosys announced the selection of Salil Parekh as its new Chief Executive and Managing Director. The news, coming after about four...

MEDIA

TECHNOLOGY

UK’s all-digital-driven Starling Bank picks Moneybox for customer benefit upgrades

Banking on the capabilities of the leading investment mobile app, Moneybox, the 100% digital-based Starling Bank of UK, has announced a major upgrade into...

OCBC Bank Implements Facial Recognition Technology to Upgrade the Banking Experience

The OCBC bank rolled out a face recognition system in December 2017 at its Holland Village branch in Singapore. According to the bank, a...

‘Open new bank accounts without documents’ : Singapore’s latest public service

Singapore citizens will get another reason to be a tension-free community, with the arrival of the Government’s latest initiative of offering instant online opening...

BankAm ups its IQ with AI, zaps payment processing solutions to the fast lane

Calling corporate customers with accounts in Bank of America! Now, move your payment processing transactions into the bank’s newfound digital highway, powered by artificial intelligence,...

Fintech Select to go with physical bitcoins

Canadian fintech firm Fintech Select Ltd. has unveiled its plan on launching physical Bitcoin product alongside its Selectcoin closed loop swipe card. In an...

RETAIL BANKING

‘Reliability and Relationships’: the core values that built Temenos success

Geneva-headquartered banking software provider, Temenos, has been making waves in the industry for over two decades now. At the core of its success story is...

WHOLESALE BANKING

RISK

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