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UK Post Office axes MoneyGram services in wake of cyber attack

Finextra

The UK's Post Office is no longer offering MoneyGram services in the wake of a serious cyber security incident at the American money transfer giant.

Posting 128
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BPI and TCH wade into Corner Post litigation

Finextra

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.

TCH 52
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Thailand Post Set to Join Virtual Banking Race After Board Nod

Fintech News

Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according to a report by the Bangkok Post. This approach would diversify Thailand Post’s services and expand financial access to more segments of the population.

Posting 114
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Real-time data drives consumer decisions post rate cut

Bank Automation

Now […] The post Real-time data drives consumer decisions post rate cut appeared first on Bank Automation News. Banks have already been strengthening their client relationships by leaning on data and analytics to offer clients specific products that help them save for retirement or home purchases.

Posting 78
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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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SEB selects Broadridge for post-trade processing

Finextra

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.

Posting 64
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MoneyGram 'shocked' by UK Post Office move to end relationship

Finextra

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.

Posting 72