Wednesday, Nov 27, 2024

International Finance

Category : Banking

Euronet Worldwide acquires UK-based ATM operator YourCash

International Finance Desk
by International Finance Desk
Adds 5,000 ATMs across the UK, Netherlands, Belgium and Ireland October 11, 2016: Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global electronic payments provider, has completed the acquisition of UK-based ATM operator YourCash Europe Limited. The acquisition includes approximately 5,000 ATMs across the UK, Netherlands, Belgium and Ireland. With the addition of YourCash, the combined businesses...
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Mobile authentication: Entersekt is ahead of the game

International Finance Desk
by International Finance Desk
The South African company goes beyond SMS and one-time password options Tom Jackson October 7, 2016: Patience has proven a virtue for Entersekt and its founders, because as the world moves away from SMS and one-time password options, its innovative mobile authentication solutions have taken it into 45 countries worldwide, with offices in Atlanta in...
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ING to shed 7,000 jobs

International Finance Desk
by International Finance Desk
Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
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ADIB brings new generation of digital banking to UAE

International Finance Desk
by International Finance Desk
This will be region’s first community based digital bank October 4, 2016: Abu Dhabi Islamic Bank (ADIB), a top-tier financial services institution, has partnered with Fidor Bank to launch the first ‘community based digital bank’ in the UAE. The new platform is designed to fit the lifestyle of millennial consumers also known as Generation Y,...
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‘Now, we have to deliver even more than expected’

International Finance Desk
by International Finance Desk
Interview with Cezary Kocik, Vice-President of the Management Board, Head of Retail Banking, mBank Suparna Goswami Bhattacharya October 3, 2016 What factors led the transition of BRE Bank from a corporate bank to retail banking and eventually mBank? When BRE Bank decided to establish its retail business, Poland was just past a decade of transition....
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Qumram launches fully-compliant WhatsApp social media record-keeping

International Finance Desk
by International Finance Desk
It enables financial services firms to meet client demand for social media interaction without compromising compliance. September 30, 2016: Qumram, a leading global provider of digital compliance and risk management solutions for the financial services industry, has unveiled a solution for recording end-to-end encrypted social media interactions, via WhatsApp. Following its September debut at FinovateFall...
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Blockchain adoption fast in banking and financial markets

International Finance Desk
by International Finance Desk
Some 65% of banks expect to be in production in three years September 29, 2016: Commercial blockchain solutions are rapidly being adopted throughout banking and financial markets, dramatically faster than initially expected, finds a new IBM study. Fifteen per cent of banks and 14 per cent of financial market institutions interviewed intend to implement full-scale,...
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The Clearing House taps IBM for payment systems

International Finance Desk
by International Finance Desk
IBM Power Technology to deliver The Clearing House’s real-time payments system to US banks in 2017 September 22, 2016: IBM announced The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system. It is due to roll out in 2017. Set to...
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