Breaking News
La Banque Postale to be Merging Payments System in a Partnership
Société Générale and La Banque Postale have today just signed a memorandum of understanding to expand the operations of their joint venture Transactis, from card transactions to European and international wire transfers and direct debits.
Since the successful payment card processing partnership that enabled the banks to achieve significant savings in unit-transaction handling costs between 2008 and 2015, and the inclusion of Crédit du Nord in their shared system, Transactis handles 22% of payment cards and card transactions in France.
The two banks have now decided to layer a new industry partnership on top of this existing operational framework, providing Transactis with a shared platform to manage the electronic processing of all their wire transfer and direct debit transactions.
They have chosen to work with Sopra Banking Software, a leading developer of payment applications in Europe and a longstanding partner of both Société Générale and La Banque Postale, using its enterprise software solution Sopra Banking Platform for Payments.
This new and innovative partnership – the first of its kind in Europe – will combine the know-how of two banks and one software developer, to meet three objectives:
– Build a high-performance, innovative, shared IT management platform to address new needs on the market such as instant payments and mobile banking
– Pool transaction costs for all payments from 2018 based on a model similar to that of card transactions
– Offer the platform’s services on the European market and make Transactis a leader in electronic payment processing services for the continent’s financial industry
Other useful information is available at; http://www.soprabanking.com/en
- Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client Read more
- Paysafe research: Crypto Payments to Transform US Online Sports-betting Read more
- BMLL Appoints Michael Chiappinelli as Chief Revenue Officer Read more
- Introducing Flute: Payments Built for the Everyday Economy Read more
- Scaling Quality with Agentic Test Automation Read more
Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client
Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced agentic trading through direct integration with Claude, one of the world's leading AI platforms. Available through the AI platform’s certified connector marketplace, the integration lets clients manage their accounts and access more than 170 global markets.
Paysafe research: Crypto Payments to Transform US Online Sports-betting
83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Edition report also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention.
BMLL Appoints Michael Chiappinelli as Chief Revenue Officer
BMLL, the leading independent provider of continually engineered, harmonised, historical Level 3, 2 and 1 data and analytics for Capital Markets, spanning global equities, ETFs, futures and US equity options, today announced the appointment of Michael Chiappinelli as Chief Revenue Officer. Based in the USA, he will lead the company’s international commercial strategy and revenue organisation, accelerating global market expansion and deepening institutional client engagement. Michael will report to Paul Humphrey, CEO of BMLL, and join its executive management team.
Introducing Flute: Payments Built for the Everyday Economy
Aurora Payments today announced its rebrand as Flute, alongside the launch of a unified payments platform built for the growing businesses that power the everyday economy. Flute brings payments, working capital, transaction reporting and merchant servicing into a single account for the millions of merchants across the independent retail, personal services, professional services and hospitality industries.
ThetaRay Gamifies Financial Defense at Money20/20 Europe with a Compliance Twist on “Where’s Waldo”
ThetaRay, a leader in AI infrastructure for financial crime compliance, today unveiled Spot The Money Mule at Money20/20 Europe. The high-speed online game is a compliance twist on "Where’s Waldo" for the AI age, designed to bridge the gap between complex banking infrastructure and the public’s role in stopping global crime.
Kraken Set to Launch First CFTC-Regulated Perpetual Futures for US Traders
Kraken, one of the world’s longest-standing, most liquid and secure cryptocurrency platforms, has set out plans to launch the first CFTC-regulated perpetual futures in the US in the next 30 days.
Finastra Helps Lenders Turn More Applicants Into Borrowers with New Analytics Tool
Finastra today announced the launch of Data Insights 2.0, a powerful analytics solution designed to help mortgage lenders convert more applications into funded loans by turning complex data into decision-ready insights. Available for Originate Mortgagebot, the solution enables banks and credit unions to understand performance benchmarks against peers, identify root causes of friction, and take targeted action to improve outcomes.
Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client
Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced agentic trading through direct integration with Claude, one of the world's leading AI platforms. Available through the AI platform’s certified connector marketplace, the integration lets clients manage their accounts and access more than 170 global markets.
Paysafe research: Crypto Payments to Transform US Online Sports-betting
83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Edition report also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention.
BMLL Appoints Michael Chiappinelli as Chief Revenue Officer
BMLL, the leading independent provider of continually engineered, harmonised, historical Level 3, 2 and 1 data and analytics for Capital Markets, spanning global equities, ETFs, futures and US equity options, today announced the appointment of Michael Chiappinelli as Chief Revenue Officer. Based in the USA, he will lead the company’s international commercial strategy and revenue organisation, accelerating global market expansion and deepening institutional client engagement. Michael will report to Paul Humphrey, CEO of BMLL, and join its executive management team.
Introducing Flute: Payments Built for the Everyday Economy
Aurora Payments today announced its rebrand as Flute, alongside the launch of a unified payments platform built for the growing businesses that power the everyday economy. Flute brings payments, working capital, transaction reporting and merchant servicing into a single account for the millions of merchants across the independent retail, personal services, professional services and hospitality industries.
Scaling Quality with Agentic Test Automation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
ThetaRay Gamifies Financial Defense at Money20/20 Europe with a Compliance Twist on “Where’s Waldo”
ThetaRay, a leader in AI infrastructure for financial crime compliance, today unveiled Spot The Money Mule at Money20/20 Europe. The high-speed online game is a compliance twist on "Where’s Waldo" for the AI age, designed to bridge the gap between complex banking infrastructure and the public’s role in stopping global crime.
Kraken Set to Launch First CFTC-Regulated Perpetual Futures for US Traders
Kraken, one of the world’s longest-standing, most liquid and secure cryptocurrency platforms, has set out plans to launch the first CFTC-regulated perpetual futures in the US in the next 30 days.