The acquisition of digital banking specialist IND Group will give Misys access to parts of its rivals’ customer base that it intends to exploit as it develops its offerings in the digital banking channel, while the closer integration of the IND capabilities will also shore up Misys’ defences against encroachment of its own ageing user base.
CO-OP Financial Services, a Rancho Cucamonga, Calif.-based credit union service organization, has hired Linda Pettit as vice president, customer care.
Fundtech, a Jersey City, N.J.-based provider of global transaction banking solutions, has hired Kyle McGaffey as sales manager for the Americas.
Ingo Money, an Atlanta-based technology and solutions provider, has appointed Lisa McFarland executive vice president and chief marketing officer.
JetPay Card Services, a Berwyn, Pa.-based division of JetPay Corp., has appointed Ralph A. Bianco executive vice president and general manager.
MasterCard has appointed Tim Murphy general counsel and chief franchise officer, effective April 1, 2014, replacing Noah Hanft, who has announced his retirement from MasterCard.
Optimal Payments, a London-based online payment solutions provider, recently won an award at the International Gaming Awards dinner in London this month.
International nonprofit trade association, Prepaid International Forum today announced the appointment of Craig James, CEO of Neopay, as chairman of the PIF board of directors.
Sionic Mobile, an Atlanta-based m-commerce company providing mobile gifting, payments and rewards, named William Mills, CEO of William Mills Agency, to its advisory board of directors.
A nominal six-month delay in the need to migrate to SEPA-compatible formats hasn’t slowed down the rush to convert clients
Long-only institutional investors are increasingly turning towards advanced futures trading strategies that have previously been the preserve of hedge funds and proprietary trading shops, according to a new report published by Tabb Group and Fidessa.
Concerns are emerging over the failure of some mobile banking providers to address security risks. According to a recent review of 40 home banking apps from the world’s top 60 banks, nine out of ten apps had serious security vulnerabilities.
In the wake of scandals involving manipulation of market indices, can statistical learning theory be used to detect and fix anomalies in Libor and other market indices?
Isis, the NFC-based mobile payment initiative backed by the nation’s major wireless carriers, has hit a few key milestones recently that will go a long way toward building the scale vital to the effort’s success.
MasterCard has joined forces with Weve, the mobile payments joint venture from the U.K.’s three largest mobile telecom providers, to accelerate adoption of NFC mobile payments.
The Utah Transit Authority’s (UTA) prepaid reloadable contactless FAREPAY card in Salt Lake City, supported by InComm, appears to be a hit with riders, as one of several promising new mass-transit payment options around the U.S.
Lawmakers yesterday continued their calls to strengthen regulations protecting consumers’ financial data in the wake of recent retailer data breaches.
While receipts offer tantalizing indirect evidence of past activities, they tell us only a very modest amount about the habits, personalities or needs of the purchaser. For merchants, it’s where consumers are going next—and why they’re going there—that really matters.
From smartwatches to voice-recognition capabilities, 2014 promises to be mobile’s best year yet. And these and other mobile trends will influence payments and financial services innovation.
Broker Instinet has released Make, a new algorithm which it says will help traders to shift large orders more cautiously without disturbing the market.
Momentum has accelerated in recent weeks for the U.S. shift to EMV, driven by growing public awareness of the need to enhance card security, Stephanie Ericksen, Visa’s head of authentication product, told attendees today at the kickoff keynote address at the Smart Card Alliance’s 7th annual Payments Summit in Salt Lake City.
SinglePoint Inc. has developed Mobile Cannabis Currency, a mobile payment system branded for the cannabis and medical marijuana industry, enabling merchants to accept credit card payments using their mobile phones.
Marla Blow has left the Consumer Financial Protection Bureau to serve as CEO of Fenway Summer’s credit card venture.
Contis Group, a U.K.-based provider of online banking and prepaid card technologies and services, has appointed Ingrida Kovalioviene country director, Baltics, Scandinavia and Eastern Europe.
The Electronic Transactions Association (ETA) recently named new committee appointees.
Fundtech, a Jersey City, N.J.-based provider of global transaction banking solutions, has hired Michael F. Jackson and Peter Reynolds.
GlobalPlatform, a nonprofit organization that standardizes managing applications on secure chip technology, has announced its board of directors for fiscal year 2014.
Ingo Money, an Atlanta-based technology and solutions provider, has hired Matt Frye as senior vice president and head of network sales.
Traxpay, a Mountain View, Calif.-based financial transactions platform provider, has appointed Rebecca Polley chief financial officer.
Although the consensus in yesterday’s Senate subcommittee hearing on “Safeguarding Consumers’ Financial Data” seemed to be around the shared responsibility of all stakeholders, including government, to protect financial data, the FTC specifically called for legislative action.
The Network Branded Prepaid Card Association (NBPCA) has released an updated version of its Recommended Practices for Anti-Money Laundering Compliance.
The European Parliament this morning approved the European Commission’s proposal to extend the deadline for payments to comply with SEPA regulations to Aug. 1, 2014.
Australia is lighting up as the next hotbed of m-POS activity as Mint Wireless makes key moves to target a fast-growing base of small businesses going mobile and Square Inc. reportedly is considering expansion Down Under.
Bloomberg’s execution management system has begun using a complex event processing engine from tick data and analytics specialist OneMarketData to support its intra-day trading analytics.
Digital gift cards were a hot item during the 2013 holiday season and got even more popular than plastic as Christmas neared, according to data from prepaid services provider InComm.
Could Royal Bank of Canada (RBC) make a breakthrough with P2P by making it a cinch to send funds to Facebook friends?
Dunkin’ Donuts has launched a new nationwide loyalty program enabling customers to earn points toward free beverages.
Monitise plc has acquired Pozitron Yazilim A.S., an Istanbul-based, privately owned mobile technology company.
The Market Model Typology post-trade reporting standard has been adopted as a standard by the FIX Trading Community and is now available for adoption by all market participants, bringing the possibility of a European consolidated post-trade tape a step closer.
Helping traders to understand input from social media can be a key differentiating factor, according to Albert Lojko, head of content strategy, data management and delivery at Thomson Reuters.
