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Reuters | March 11, 2020
Banks and other large financial companies in major cities across the world ramped up their emergency measures to combat the spread of the coronavirus on Tuesday, with Barclays Plc (BARC.L) and BlackRock Inc (BLK.N) confirming one case in their New York offices. The steps including telling staff who had been exposed to someone with the virus to self-quarantine for 14 days, splitting operations so that some staff work from home or back-up locations and deep cleaning offices. Barclays told staff on...
Payments
Finastra | November 02, 2021
Finastra today announced the introduction of new anti-money laundering (AML) compliance capabilities integrated with its Fusion Global PAYplus core payments solution, via Fincom.co and the FusionFabric.cloud open developer platform. Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions in line with regulatory requirements, which only continue to increase in volume and diversity, lowering operational costs. Gideon Drori, CEO at Fincom...
Payments, Fintech
Nuvei and Paya | January 16, 2023
Nuvei Corporation, a Canadian fintech company, and Paya Holdings Inc., a leading U.S. provider of integrated payment and commerce solutions, have entered into a definitive agreement to acquire Paya at USD 9.75 per share for approximately $1.3 billion in cash. Philip Fayer, Nuvei's Chair and Chief Executive Officer, said, "The proposed acquisition of Paya is a powerful next step in the evolution of Nuvei, creating a preeminent payment technology provider with strong posi...
Mastercard | February 16, 2022
Mastercard announced expanding its outstanding payments-focused consulting service to open data, open banking, crypto & digital currencies, and Environment, Social & Governance (ESG). The world of financial business is witnessing a radical shift in terms of innovation, where consumer preferences are changing due to rapid digital transformation and geopolitical shifts. To support companies to advance more and experience extensive growth graphs globally, Mastercard is actively participatin...
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