17 December 2017
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Company announcements

 
Retail banking

AmEx ditches signatures

11 December 2017  |  2139 views  |  0 comments | 1 tweets | 1 linkedin

American Express (NYSE: AXP) today announced it is eliminating the requirement for merchants to collect Card Members’ signatures for all purchase transactions at the point of sale beginning in April 2018.

 
Mobile & online

Hong Kong's Octopus integrates with Samsung Pay

11 December 2017  |  2539 views  |  0 comments | 1 linkedin

Samsung Electronics H.K. Co. Ltd. and Octopus Cards Limited (OCL) today announced the exclusive launch of the first "Smart Octopus" in Samsung Pay, a joint effort to offer the most comprehensive mobile wallet service supporting Octopus functionality.

 
Wholesale banking

Citi expands cross-currency ACH to 60 countries

11 December 2017  |  3785 views  |  0 comments | 3 tweets

Citi’s Treasury and Trade Solutions (TTS) has expanded its WorldLink Payment Services (WorldLink) cross-border ACH capabilities to 60 countries.

 
Retail banking

New Payment System Operator takes on responsibility for UK payment architecture

11 December 2017  |  2139 views  |  0 comments | 1 tweets | 4 linkedin

The blueprint for the future development of the UK’s shared payment infrastructure was today (11 December 2017) passed to the New Payment System Operator (NPSO), the company that will become the new, single, integrated retail payment system operator for the UK.

 
Retail banking

Hyperwallet facilitates AUD transfers for Amazon sellers

11 December 2017  |  2011 views  |  0 comments

Hyperwallet, a top global payout provider to digital marketplaces, today revealed that it will support international seller disbursements from Amazon’s new Australia-based marketplace.

 
Retail banking

Waves sets up self-regulatory body to set ICO standards

11 December 2017  |  2830 views  |  0 comments | 2 tweets

Waves Platform is creating a self-regulatory body that will provide reporting, legal, tax & accounting, KYC and business due diligence standards for ICOs and blockchain industry.

 
Mobile & online

Fiserv wins credit union deals

11 December 2017  |  1819 views  |  0 comments

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Illinois Educators Credit Union (Springfield, Ill.) and Members Financial Federal Credit Union (Midland, Texas), have selected Fiserv to help them build a foundation for operational efficiency and member service.

 
Post-trade & ops

ECB Council approves payments and settlement overhaul

11 December 2017  |  1724 views  |  0 comments | 1 tweets

The Governing Council of the European Central Bank (ECB) on 6 December 2017 approved the consolidation of the Eurosystem’s real-time gross settlement system TARGET2 and the securities settlement platform TARGET2-Securities (T2S), and the development of a Eurosystem Collateral Management System. Both projects will modernise existing systems and increase overall efficiency.

 
Wholesale banking

Federal Reserve System appoints new payments security strategy leader

11 December 2017  |  2891 views  |  0 comments | 1 tweets

The Federal Reserve System today announced the appointment of its payments security strategy leader, Kenneth Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston.

 
Retail banking

B-Hive and Stockholm Fintech sign MoU

11 December 2017  |  3098 views  |  0 comments | 2 tweets | 1 linkedin

On Friday, December 8, B-Hive and Stockholm Fintech Hub signed a Memorandum of Understanding that will allow them to collaborate and cooperate through areas of mutual interest.

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