Finextra

SEPTEMBER 25, 2024

NYSE: BR) today announced that Skandinaviska Enskilda Banken AB (SEB) is leveraging Broadridge’s international post-trade processing solution to simplify and streamline its securities business across international and domestic markets. Global Fintech leader Broadridge Financial Solutions, Inc.

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Finextra

NOVEMBER 18, 2024

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced today that Japan’s Higo Bank has adopted DTCC’s ITP services to automate their middle and back office, helping them achieve no touch processing across domestic and cross-border transactions.

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Finextra

OCTOBER 17, 2024

The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc. Corner Post, a North Dakota truck stop, is challenging the Federal Reserve’s 2011 rules governing debit interchange revenue established pursuant to the “Durbin Amendment” in the Dodd-Frank Act.

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Finextra

SEPTEMBER 16, 2024

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed.

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Finextra

OCTOBER 2, 2024

US money transfer giant MoneyGram has responded to the UK Post Office's decision to terminate a long-term relationship between the two following a cyber security incident.

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Payments Dive

DECEMBER 6, 2023

PayPal’s new CEO is making executive suite changes, creating a president of global markets post and tapping a payments industry veteran for the role.

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Finextra

JUNE 18, 2024

Atom Bank has posted its first pre-tax profit, boosted by a 40 per cent increase in its loan book to £4.1bn, with a 55 per cent jump in residential mortgage balances to £3.2bn.

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The Nilson Report

OCTOBER 30, 2024

The post BPI and TCH Seek to Intervene in Corner Post Case Challenging Debit Interchange Limits appeared first on Nilson Report.

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Finextra

JULY 18, 2024

SpectrAxe, the pioneering central limit order book (CLOB) for over-the-counter (OTC) FX options, is partnering with OSTTRA, a leading provider of post-trade solutions, to offer a comprehensive end-to-end service from price discovery through to execution, booking, and risk management in the FX options market.

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Bank Automation

MARCH 5, 2024

For the first time since it was founded in 2016, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted EBIDTA of $10 million compared to a loss of $13 million in Q4 2022, according to the bank’s earnings release today.

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FloQast

FEBRUARY 19, 2024

It allows me to be more efficient — I can review the work papers, post journal entries, and train new employees.” The post Post-IPO Excellence: Zoom’s Operational Transformation with FloQastPost-IPO Excellence: appeared first on FloQast. Established robust internal controls for Sarbanes-Oxley (SOX) compliance.

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Fintech News

JANUARY 14, 2024

Broadridge Financial Solutions has unveiled OpsGPT to assist operations users, analysts, and management teams in navigating the complexities of post-trade activities. It seamlessly integrates with Broadridge’s existing post-trade solutions, facilitating global access across multiple asset classes.

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Finextra

AUGUST 12, 2024

New figures released today reveal Post Offices handled a record £3.77 billion in cash deposits and withdrawals in July.

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Finovate

MARCH 20, 2024

Galileo has expanded its BNPL tool to allow banks and fintechs to offer cardholders post-purchase installment payment options. The SoFi-owned company launched an API for its bank and fintech clients that will enable them to offer their cardholders post-purchase installment payment options. Curve, a U.K.-based billion deal.

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Payments Source

NOVEMBER 25, 2020

Moscow-based JSC Post Bank has established a merchant acquiring agreement with JCB International to allow JCB cardholders to withdraw cash from all of the bank's ATMs and make payments at Post Bank point-of-sale terminals in Russia.

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Finextra

OCTOBER 15, 2024

NYSE: BR) has launched a range of enhanced services and solution capabilities for international post-trade processing. In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Financial Solutions, Inc.

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Payments Dive

AUGUST 11, 2022

The payments software company posted a second-quarter loss despite client wins being higher than usual and revenue jumping more than 50 percent.

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Finextra

MARCH 18, 2024

M1 Finance has been fined $850,000 by the Financial Industry Regulatory Authority (Finra) for social media posts made by influencers on the fintech's behalf.

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Finextra

APRIL 15, 2024

has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited. Global Fintech leader Broadridge Financial Solutions, Inc. NYSE:BR) today announced that SBI SECURITIES Co.,

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Finovate

MARCH 19, 2024

FINRA stated that around 1,700 influencers posted content, some of which was unfair and contained exaggerated, unwarranted, promissory, or misleading claims. The offending posts occurred because M1 Finance did not review or approve the influencers’ content before they posted it. FINRA, a U.S.

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Payments Dive

SEPTEMBER 29, 2020

Mobile Payments Today interviewed Victor Ho, CEO of Fivestars Marketing regarding how fintechs can help small businesses thrive in a post-pandemic environment.

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Payments Source

AUGUST 18, 2020

A pilot program that would let banks, credit unions and challenger banks bid to offer financial services within rural and inner-city post offices could be a first step in serving the underbanked while also helping to shore up the U.S. Postal Service's finances.

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Finextra

MARCH 19, 2024

NASDAQ: SOFI), announced today an expansion of their Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account. Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc.

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Finextra

JULY 30, 2024

Safecypher, one of Europe’s leading card payments security companies, has launched a new advanced anti-card fraud technology in partnership with An Post.

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Finextra

MAY 31, 2024

Today, the AI-powered global payments network and shopping assistant, Klarna announces profitable start and continued growth outpacing ecommerce, reporting its Q1 2024 financial results.

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Finextra

JUNE 11, 2024

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced it is working with Cboe Clear Europe to deliver an enhanced post-trade workflow for over-the-counter (OTC) cash equities trades to help increase settlement efficiencies across UK and European markets.

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Payments Dive

AUGUST 4, 2020

Once the world has transitioned into a post-pandemic phase, businesses that realize health and safety will still be paramount to customers will be the ones determined to find creative and innovative ways to maintain and retain customers.

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The Fintech Times

JUNE 30, 2024

” The post bunq’s UK Ambitions: Strategic ‘Patience’ in Post-Brexit Reentry appeared first on The Fintech Times. We just need to continue to work hard on our application and allow the regulator to do their job. “We cannot wait to be back, stay tuned!”

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Finextra

JUNE 25, 2024

Three digital ID apps from Yoti, Lloyds Bank and the Post Office have been accredited by the UK’s national Proof of Age Standards Scheme (Pass).

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The Fintech Times

FEBRUARY 12, 2024

That being said, FTX has since collapsed due to fraud, while WeWork went bankrupt and Uber posted its first profitable quarter this year – despite being founded in 2017. The post Post Investment: Can Fintech Rebuild on Value, Not Hype? However, to the strategically minded, every crisis is an opportunity.

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The Paypers

JULY 30, 2024

UK-based fraud prevention startup Safecypher has partnered with Irish post office An Post to drive down Card-Not-Present (CNP) payment fraud.

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Finextra

AUGUST 8, 2024

The Board of Directors of illimity Bank S.p.A. illimity” or the “Bank”), chaired by Rosalba Casiraghi, met yesterday to approve the results of the illimity Group as at 30 June 2024.

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Fintech Finance

MARCH 19, 2024

(NASDAQ: SOFI), announced today an expansion of its Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account. By expanding pay over time opportunities, post-purchase financing is ushering in a new era of responsible lending.”

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The Fintech Times

JANUARY 13, 2024

has launched OpsGPT, a new capability for operations users, analysts, and management teams to transform their operations across the post-trade lifecycle. Moreover, Broadridge’s post trade platforms are underpinned by a common data ontology and the highest standards of privacy and confidentiality in handling client data.

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Payments Dive

AUGUST 30, 2023

After overhauling the business to stem cash burn and turn a profit, BNPL firm Zip’s annual loss narrowed over last year.

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FloQast

MAY 22, 2024

This year, I encourage you to use this post-busy season time to go deeper. The post How to Achieve Post-Busy Season Success in Accounting appeared first on FloQast. Strategic Career Planning Accounting departments often conduct annual reviews.

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Finextra

JULY 3, 2024

Pleo, one of Europe’s leading spend management platforms, is celebrating another year of triple digit SaaS growth, leading to group revenue increase of over 50% for FY23.

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