Samsung Facial Recognition

Samsung’s facial recognition not ready for mobile payments

Samsung Electronics’ facial recognition technology requires more than four years to be solely used for mobile payment, a source from Samsung and industry watchers predicted on Monday. Facial recognition ... Read More

DTCC names four new members to Board of Directors

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that four new members have been elected to its ... Read More

VISA reports Net Operating Revenue of $4.5 billion

Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: GAAP net income of $430 million ... Read More
social networks payments

UN report: Social network payments now reach nearly US $3 trillion in China

Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study ... Read More

Bloomberg and Bats Europe combine for MiFID II reporting

Bloomberg and Bats Europe have today announced they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA) to fulfil MiFID II transparency ... Read More

Fintech in the Middle East and North Africa is booming

Fintech startups in the Middle East and North Africa have raised $100-million over the last decade, yet 28% fail in their initial years, says a new report by business ... Read More

Nasdaq launches FinTech investment program

Nasdaq (Nasdaq:NDAQ), one of the world’s leading providers of technology and services to the capital markets, announced today the launch of a venture investment program, Nasdaq Ventures,  dedicated to discovering, ... Read More

SWIFT updates reference data service

SWIFTRef’s Bankers World Online query tool undergoes a facelift, adds improved search fields and simplified navigation for easier access to reference data SWIFT announces the launch of a significant ... Read More

Ant Financial merged with HelloPay Group

Almost exactly one year ago, Alibaba announced its US$1 billion purchase of a controlling stake in Lazada, the largest online shopping and selling marketplace in Southeast Asia – and a gateway ... Read More

Payment processing provider to be acquired by PayPal

PayPal Holdings, Inc. (Nasdaq: PYPL) and TIO Networks Corp. (TSXV: TNC), a cloud-based multi-channel bill payment processing and receivables management company, today announced that, at the special meeting of ... Read More
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