Author: TMC Admin
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This Week in Fintech: TFT Bi-Weekly News Roundup 12/05
Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday – delve in for the latest fintech news. Job appointments Fintech PPRO has appointed Lázaro Campos as its first independent chairman in efforts to strengthen its board and governance. Campos takes over from Tim van Delden, who served as chairman through the last stage of…
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Procentia’s Smart ISP+ To Enable More Efficient Pension Performance
Procentia launches a Smart ISP+ for its existing clients who are currently leveraging its IntelliPen pension administration software to connect to the pensions dashboard. The pension software specialist has also launched its Smart ISP, a solution available to large pension schemes, master trusts, insurance companies or third-party administrators (TPAs) that do not currently use its…
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BridgerPay Launches World’s First Self-onboarding Payment Operations Platform After $6M Seed Round
$156 trillion will cross international borders in 2022, with cross-border transactions worth up to 41 per cent more than local ones. Given the staggering market size, all businesses are increasingly feeling the need to enter new markets. The problem is that, in order to scale internationally, merchants need a platform that allows them to automate…
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FinTech Awards London: Shortlist Revealed
FinTech Awards London, designed to recognise, attract and invest in the UK capital’s fintech talent, has unveiled the shortlist for this year’s Awards. The Awards, hosted by finance recruitment provider Recruit 121, will bring together leading innovators and digital experts together in an evening of celebration in London this July. EY has also been confirmed as…
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HMRC Checks Integration To Bolster the Accuracy of Tax Systems’ Cloud-Based VAT Platform
Tax Systems, a UK and Ireland provider of tax software, has implemented HMRC-recommended checks into its cloud-based AlphaVAT digital tax platform. The integration of these checks will enable AlphaVAT users to make correct decisions for VAT handling and improve the accuracy of submissions and payments. Tax Systems are the first software vendor to bring this…
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The Pandora Papers: The Importance of Enhanced Customer Due Diligence for PEPs
Anti-money laundering (AML) – stopping criminals from generating income through illegal actions – starts with knowing your customer to ensure they are who they say they are. Jackie Wheeler is the senior director of technical content at Jumio, a provider of identity verification and transaction monitoring powered by artifical intelligence. She is a professional writer since…
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Bitcoin Transactions Made More Accessible to Mexico Following IBEX and Tauros’ Partnership
Bitcoin users in LatAm will now be able to send the cryptocurrency to any Lightning-enabled Wallet as a result of Tauros‘ partnership with IBEX, as the Bitcoin exchange adopts all- Lightning Network power. “Lightning is leading the most radical financial empowerment in history and will set a new standard for the rest of the networks…
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Spotlight: Klarna to Start Reporting BNPL Data to Credit Agencies
Earlier this month, Buy Now Pay Later (BNPL) giant Klarna announced it will start reporting its customer data to credit agencies, advising to them who pays on time and who falls behind on their debt. Potential lenders will be able to see transactions and debts when checking consumers’ credit scores, with the move having the…
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In Conversation: How Visa Provides Merchants Secure and Seamless Payments With Cybersource
What is Cybersource and how is it providing today’s merchants with seamless acceptance and, more importantly, fraud management? Economic development advisor, Richie Santosdiaz, on behalf of The Fintech Times, sits down with Neil Caldwell, senior vice president for merchant sales and acquiring at Visa’s Central Europe, Middle East and Africa (CEMEA) operations to discuss Cybersource and how the…
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Saudi Arabian Banks Show Signs of Improvement With Post COVID-19 Economic Recovery
The global professional services firm, Alvarez & Marsal (A&M), has released its latest Saudi Arabia (KSA) Banking Pulse for FY 2021. The report suggests that the profitability metrics of the top 10 banks in the Kingdom of Saudi Arabia witnessed an improvement with post COVID-19 economic recovery. The aggregate loans and advances grew 14.2 per…
