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Volante Technologies Accelerates Market Convergence For Santiago Exchange

PYMNTS

Cloud payments and financial messaging provider Volante Technologies Inc. is accelerating market convergence for the Santiago (Chile) Exchange (Bolsa de Santiago), according to a Wednesday (Dec. 9) announcement emailed to PYMNTS. The multi-asset class exchange is the company’s first customer in Chile.

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. There are no accidental targets.

Fraud 195
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MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. under the GDPR. Lessons From Abroad.

Regional 130
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

With speed-to-market more important than ever as businesses eagerly search out tools to support business continuity, FinTech partnerships enable banks to accelerate new product rollouts. Collaborating with FinTechs is a valuable strategy for banks, noted Sigovitch. Localizing Advisory Services.

Regional 214
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Castles Technology Buys Spire Payments

PYMNTS

Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct. He said the acquisition would add more choice for customers alongside new technical and security capabilities. 1) press release.

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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

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Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. As banks have consolidated, so have the technology partners serving them.

Regional 101