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Tuesday, October 23, 2018

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Sibos 2018: Microsoft and SWIFT partners for Azure cloud native payments

Technology giant Microsoft has announced its cloud partnership with financial messaging service provider SWIFT, to host its infrastructure and native payments on Microsoft Azure. With the partnership,...

BUSINESS

Stripe lands $20bn valuation with new $245m funding

Payments technology company Stripe gains a $20bn (£15bn) valuation after the $245 million funding round led by Tiger Global Management. With investors like DST Global...

Wells Fargo to cut up 26,500 jobs in the next 3...

Struggling to overcome the rise of online banking and soaring legal bills, Wells Fargo decided to cut as much as 26,000 jobs over the...

940-270-4228

PAYMENTS

SECURITY

Lloyds Banking Group introduces Voice ID

Lloyds Banking Group is launching its Voice ID, a voice verification technology from Nuance which helps identify customers dialing into call centres. Customers can utilize the...

Sibos 2018: Microsoft and SWIFT partners for Azure cloud native payments

Technology giant Microsoft has announced its cloud partnership with financial messaging service provider SWIFT, to host its infrastructure and native payments on Microsoft Azure. With the partnership,...

Sibos 2018: Accenture tech now connects major blockchain platforms

Consulting giant Accenture unveils a new "interoperability node" of blockchain platforms which enables two or more blockchain enabled ecosystems to integrate, easing the wider enterprise adoption of...

217-607-0292

Consumer finance house Home Credit and its online challenger bank Air Bank is getting acquired by Czech bank Moneta for EUR767 million to create a new...

China’s Tencent invests in Brazil fintech Nubank

Chinese e-commerce giant Tencent Holdings Ltd has invested $180 million in Brazilian fintech company Nubank, adding South America to Tencent’s emerging markets investment spree. With 2.5 million customers signed up to its...

Danske Bank CEO resigns over $234 billion money laundering scandal

The chief executive of Danske Bank, Thomas Borgen has resigned after an investigation revealed the laundering of billions of cash through the bank's Estonian...

MEDIA

TECHNOLOGY

A set of nine saves time, makes more dime

Imagine an international banking corporation going into a merger with an online wealth management firm to offer its customers digital-backed financial services – and...

Coinbase acquires Distributed Systems for a decentralized digital identity platform

Blockchain giant Coinbase plans to become the Facebook of crypto with the acquisition of Distributed Systems to create a platform for users to sign...

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The government of Singapore is planning on developing a governance programme that will work on an ethical code for the use of artificial intelligence...

Capital markets spends on cloud technologies

Looking to accelerate their investment in public cloud technologies, Capital markets firms plans to spend on off-premise computing from 30% of IT budgets last...

Cyber-crooks use mobile games to launder money from stolen credit cards

Cyber-crooks are using in-game currency from mobile games like Clash of Clans to launder money from stolen credit cards. According to the security firm Kromtech...

RETAIL BANKING

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Australia’s New Payments Platform(NPP) and its core technology partner Swift have launched an API sandbox for independent fintechs to test new innovations to replace the...

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