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MAS revokes capital markets services licence of financial institution Apical Asset Management

The Monetary Authority of Singapore (MAS) has revoked the capital markets services licence of Apical Asset Management (AAMPL). The revocation of the company's license is due to "serious breaches of MAS' anti-money laundering/countering financing of terrorism (AML/CFT) requirements", according to...

Galileo, Plaid Integrate To Streamline ACH Transfers

Galileo announced a partnership with Plaid Thursday (July 30) designed to streamline the bank authentication process for customers. The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology...

Penta Security, R3 partner for digital asset management and MPC technology

South Korea-based IT security firm Penta Security has joined forces with R3 to advance the digital asset management and Multi-Party Computation (MPC) technologies. Under the partnership, Penta Security is expected to combine its technologies with R3’s broad-range of enterprise blockchain...

Open Banking Expo Digifest coming soon to your desktop theatre

Open Banking Expo launches its Digifest virtual event from 24th to 26th November 2020. The newest event in the Open Banking Expo portfolio continues to deliver game-changing content delivered direct to a senior digital transformation audience across financial services...

Marqeta Introduces Tokenization-as-a-Service For Card Issuers

Marqeta, the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Sept. 29. “We’re excited to open this technology up to any card issuer,...

Qi Card Ignites Financial Inclusion In Iraq Through Electronic Payments And Loan Programs

Qi Card, the leading electronic payment solution and default national debit/credit card of Iraq, is paving the path toward financial inclusion with digital payments, salary-advance programs and personal loans that enable citizens to meet their current financial obligations while...

Mastercard On The Digital-First Transformation Of Credit Cards Into Daily Money Management Tools

The great digital shift is transforming credit cards into money management tools. In an interview with Karen Webster, Jess Turner, EVP of products and innovation for Mastercard, said the continued expansion of its Digital-First Card Program in North America...

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