1-15 of 1666 results
Euronet offers $1bn to acquire MoneyGram
US-based electronic payments firm Euronet Worldwide has offered to pay $1bn to acquire MoneyGram International, rivaling the bid made by China’s Ant Financial Services.
Banking Services > Payments > News
Banking Services > Payments > News
NAB Ventures invests in payments startup Veem
NAB Ventures, a venture capital fund owned by The National Australia Bank, has led a $24m investment round in San Francisco-based foreign exchange payments startup Veem.
Banking Services > Payments > News
Banking Services > Payments > News
Singapore’s central bank completes blockchain-based inter-bank payment pilot
The Monetary Authority of Singapore (MAS) has completed a pilot project that was carried out for inter-bank payments using blockchain technology.
Banking Services > Payments > News
Banking Services > Payments > News
Japanese banks complete pilot money transfer using blockchain
A consortium of 47 Japanese banks has completed pilot implementation of Ripple’s distributed technology in Japan.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Visa to expand payment service mVisa to 10 countries
US-based payments network operator Visa has announced that it will expand its QR-based payment service mVisa to 10 countries.
Banking Services > Payments > News
Banking Services > Payments > News
Ant Financial to invest $200m in South Korea's Kakao Pay
Ant Financial, the payment affiliate of Chinese e-commerce firm Alibaba, is investing $200m in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao.
Banking Services > Payments > News
Banking Services > Payments > News
Temenos offers to acquire Australia's Rubik Financial
Banking and finance software specialist Temenos has entered into a binding Scheme Implementation Deed to acquire Rubik Financial, a software provider to the Australian financial services sector, through a Scheme of Arrangement.
Technology > Banking Technology > News
Technology > Banking Technology > News
Agribank upgrades EMV network with Compass Plus solutions
Vietnam Bank for Agriculture and Rural Development (Agribank) has updated its entire EMV network, including ATMs and POS terminals, which function using solutions from Compass Plus.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Wipro partners with Tradeshift for source-to-pay processes
Wipro has announced a strategic partnership with Tradeshift to offer cloud-based Source-to-Pay (S2P) Business Process as a Service (BPaaS) solution.
Banking Services > Payments > News
Banking Services > Payments > News
Ingenico to acquire Indian e-payments services provider TechProcess
Ingenico Group announced it has reached an agreement in principle to acquire 100% of Indian electronic payments services provider TechProcess Payment Services (TechProcess).
Banking Services > Payments > News
Banking Services > Payments > News
Commonwealth Bank, QTC issue cryptobond using blockchain technology
Commonwealth Bank of Australia (Commonwealth Bank) has issued a cryptobond for Queensland Treasury Corporation using its capital markets blockchain platform, in the first blockchain bond issuance by a government entity both in Australia and in the world.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
China’s Ant Financial to merge MoneyGram for $880m
China’s Ant Financial Services has entered into an agreement to acquire global money transfer services firm MoneyGram in a cash deal worth $880m.
Banking Services > Payments > News
Banking Services > Payments > News
Nepalese banks to utilise SWIFT’s sanctions screening service
Ten Nepalese banks will utilise SWIFT’s Sanctions Screening service to support their sanctions compliance.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
ANZ to sell stake in Shanghai Rural Commercial Bank for $1.3bn
Australia and New Zealand (ANZ) Banking Group has entered into an agreement to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) for $1.3bn.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Cardtek partners with Attra for digital payment services
Cardtek has added Attra as a partner to deliver digital enablement solutions and services around Cardtek’s digital payment platform.
Banking Services > Payments > News
Banking Services > Payments > News
BBR White Paper Recommendations
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
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