Search Results for: financial network
First Data reports second Quarter 2016 financial results
August 2nd, 2016
First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the second quarter ended June 30, 2016. Consolidated revenue for the second quarter was $2.9 billion, up 2% versus the prior year ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
Europol: Searches, seizures and arrests were carried out in eight EU countries against a criminal network involved in international VAT fraud and money laundering
June 30th, 2016
Yesterday, from a coordination centre at Eurojust, Europol supported an international action day against a criminal network involved in international VAT fraud and money laundering defrauding EU citizens of approximately EUR 57 million in tax revenues via companies selling ...
Global financial solutions provider GoSwiff appoints new CEO
May 31st, 2016
GoSwiff International, a global financial solutions provider headquartered in Singapore, announced today the appointment of Mark Patrick as their new Chief Executive Officer. Mr. Patrick is an accomplished leader, with a track record of managing global, high-growth fintech businesses. ...
Financial Services industry losing £165 million in invoice fraud
April 28th, 2016
Businesses in financial services (FS) are losing more than £165 million in invoice fraud every year. According to the new research published today by Tungsten, this amounts to £1,969 per business. Of those affected, one in five believes the ...
SWIFT warns for a malware aims to reduce financial institutions’ abilities
April 26th, 2016
SWIFT is aware of a malware that aims to reduce financial institutions’ abilities to evidence fraudulent transactions on their local systems. Contrary to reports that suggest otherwise, this malware has no impact on SWIFT’s network or core messaging services. ...
Bridgepoint and Summit Partners acquire financial software company Calypso Technology
April 19th, 2016
Calypso Technology, Inc. (‘Calypso’), a leading provider of capital markets software, announced today that it is to be acquired by European private equity fund Bridgepoint and global growth equity investor Summit Partners. The acquisition will support Calypso’s next phase ...
Accenture and Leading Financial Institutions Call for Applicants for the Asia-Pacific FinTech Innovation Lab 2016
April 18th, 2016
The Asia-Pacific accelerator program, now in its third year, mentors financial technology entrepreneurs to help accelerate product and business development Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE: ACN) 12-week program that helps early- and ...
Markit adds Moscow Exchange to FX trading connectivity network
April 14th, 2016
Markit, a leading global provider of financial information services and the Moscow Exchange (MOEX), Russia”s multifunctional exchange platform, today announced that Markit”s FX pricing distribution hub service added MOEX to its network of trading venues, providing FX market participants ...
SWIFT offers secure financial messaging services to CIPS
March 29th, 2016
SWIFT and CIPS sign memorandum of understanding on cross-border interbank payment system cooperation SWIFT has signed a memorandum of understanding (MOU) with China International Payment Service Corp., (CIPS Co.). The MOU sets out plans for a strategic collaboration to ...
