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4711 Results from 2018

/retail

Omnio supports Unisys in Monmouthshire BS digital project

Omnio Group, a banking and fintech provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has partnered with Unisys Corporation (NYSE: UIS) to support the organisation in providing cloud based digital current account services to Monmouthshire Building Society (MBS).

/payments

Tradeshift acquires Babelway

Tradeshift, the leader in supply chain payments and marketplaces, today announced it has acquired Babelway, a key innovator of cloud integration technology.

/payments

TransferMate buys Swiss FX payments firm Devisenwerk

TransferMate, one of the world’s leading cross-border B2B payments provider, today announced that it has agreed to acquire Swiss-based FX payments firm Devisenwerk, in a deal that will give TransferMate direct access to one of the world's most important financial hubs.

/wholesale

OCBC Bank rolls out digital account opening for multinational corporates

OCBC Bank has rolled out a digital account opening service that simplifies account openings for multi-national companies (MNCs) and other large corporate customers – a first by a bank in Singapore.

/security

Australian CNP fraud on the rise

The payments industry self-regulatory body Australian Payments Network (AusPayNet) today urged Christmas shoppers to continue to be alert when shopping online, as it released data showing card-not-present (CNP) fraud continues to account for the bulk of card fraud.

/regulation

Nordic risk and compliance outfit FCG acquires Reg&Tech Solutions

FCG today announces the acquisition of Reg&Tech Solutions AB (Reg&Tech), a software technology provider of Big Data analytics and automation solutions to the financial services industry.

/payments

OSG acquires Communisis

OSG Group Holdings, Inc. the indirect parent company of OSG Billing Services (with its related companies, “OSG”), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, have announced that it has acquired Communisis PLC (“Communisis”), a recognized leader in outsourced critical communications headquartered in London, England.

/payments

KBZ Bank selects Finastra to capture growth opportunity in Myanmar’s treasury market

Kanbawza (KBZ) Bank, Myanmar’s largest privately-owned bank, has selected Finastra and its treasury management solution, Fusion Treasury, to enable straight-through-processing (STP).

/payments

Swift gpi crosses 50% threshold

During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

/retail

Temenos wins Isracard contract

Temenos (SIX: TEMN), the banking software company, today announced that Isracard, the largest credit card company in Israel, has selected Temenos T24 Core Banking.

/startups

Russia's fintech sector continues to grow

According to a new report from Deloitte and ID Finance, Russia’s private fintech sector continues to grow despite weaknesses in the economy and will be worth $810m by the end of 2018. This represents growth of 12% compared to 2017.

/regulation

Swiss Federal Council wants to further improve framework conditions for blockchain/DLT

During its meeting on 7 December 2018, the Federal Council adopted a report on the legal framework for blockchain and distributed ledger technology (DLT) in the financial sector.

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