Fintech Archives

Oil price falls more than 1 percent

International Finance DeskJuly 19, 2016

by International Finance DeskJuly 19, 2016

Fuel inventories in various countries are full IFM Correspondent July 19, 2016: Oil prices were down by more than one percent on Monday after rising stock piles of crude and refined fuel raised concerns of another glut getting built up. There were also worries about potential supply disruption following a coup attempt in Turkey. The...

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Corporate and municipal debt hold steady

International Finance DeskJuly 19, 2016

by International Finance DeskJuly 19, 2016

Pre-trade municipal bond activity edges higher in June July 19, 2016: CUSIP Global Services (CGS) announced the release of its CUSIP Issuance Trends Report for June 2016. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, suggests a steady issuance of new corporate and...

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IHS Markit begins trading at Nasdaq stock market

International Finance DeskJuly 18, 2016

by International Finance DeskJuly 18, 2016

Now has new ticker symbol “INFO” July 18, 2016: Nasdaq announced that trading of IHS Markit Ltd. commenced on The Nasdaq Stock Market on July 13, 2016. This marks the successful merger of two companies – IHS and Markit – creating a global leader in financial and corporate information. Following a thorough stock exchange evaluation...

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Rise of holiday cash mule

International Finance DeskJuly 11, 2016

by International Finance DeskJuly 11, 2016

Tourists are short-changing themselves by loading up on foreign currency before going abroad July 11, 2016: Concerns over access to money overseas are causing many holidaymakers to stockpile far more foreign currency than they need. The trip to the local post office or bank to ‘stock up’ ahead of departure is a tradition which could be...

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PCT announces management buyout

International Finance DeskJuly 6, 2016

by International Finance DeskJuly 6, 2016

PCT Management secures €12million investment to further accelerate growth July 6, 2016: Payment Card Technologies (PCT) announced a management buyout supported by a €12million investment from a European private equity firm. The transaction provides the company with significant growth development capital and a strong debt free balance sheet for further expansion both in Europe and...

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Aldi chooses Verifone for payment devices

International Finance DeskJuly 5, 2016

by International Finance DeskJuly 5, 2016

Contactless and mobile pay capabilities to bring speed and convenience to Aldi customers July 5, 2016: Verifone announced that it will provide Aldi France with 3,200 payment devices designed to accept all cashless payments including contactless and mobile wallets. Aldi France operates 900 retail locations and is a unit of Group Aldi, a leader in...

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Atkins to help clients manage uncertainty in infrastructure delivery

International Finance DeskJune 15, 2016

by International Finance DeskJune 15, 2016

Launches new advisory consulting business June 15, 2016: Atkins announced the launch of a new end-to-end advisory consulting business – Atkins Acuity – that will combine the company’s extensive engineering and master planning capability with new structuring, financing and project preparation expertise. This combination will support international finance institutions, governments, and large corporations through the...

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One Rock Capital Partners sells Compass Chemical to Italmatch Chemicals

International Finance DeskJune 10, 2016

by International Finance DeskJune 10, 2016

The deal will help Italmatch Group to consolidate its position June 10, 2016: Ardian portfolio company Italmatch Chemicals, a leading global specialty chemicals group, has acquired 100% of Compass Chemical International, the most important North American independent chemical company active in the production and marketing of phosphonates and additives for water treatment and for the...

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PSI-Pay and Kerv to launch contactless payment ring

International Finance DeskJune 9, 2016

by International Finance DeskJune 9, 2016

Users will be able to pay in 38 million locations worldwide June 9, 2016: PSI-Pay and Kerv Wearables have announced that they are partnering up to enable the world’s first contactless payment ring, to be released to the global market. PSI-Pay is one of the UK’s leading regulated Fintech companies, providing digital account and payment...

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Zapper comes up with smart payment solution

International Finance DeskMay 27, 2016

by International Finance DeskMay 27, 2016

Enables stores to instantly understand and reward shoppers May 27, 2016: Zapper the fast growing, global data insights and mobile payment platform, has adapted its Pay-at-Counter solution, currently very successful in pre-pay hospitality environments, for convenience retail outlets in the UK. This smart system allows customers a fast alternative to pay for their items and...