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Several players within the financial technology arena introduced new products and entered into various agreements in recent days. Please send news tips and feedback to [email protected]. For other recent financial technology news, click here.
Payments
Financial services company Earthport Plc selected Broadridge Financial Solutions Inc.'s hosted service for foreign exchange and cash management processing.
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Fidelity National Information Services Inc. and Citi Treasury and Trade Solutions are collaborating to enable real-time payments and cash management for their corporate treasury customers. Under the collaboration, Fidelity National connected its Trax corporate payments factory to the Citi Treasury and Trade Solutions system using Citi open application programming interfaces.
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ACI Worldwide Inc. introduced UP Payments Risk Management solution, a real-time payments fraud protection solution that delivers fraud strategies to banks, intermediaries, merchants and telcos.
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Net Element Inc.'s Unified Payments subsidiary launched its same-day automated clearinghouse payment processing solutions. The update adds the ability for merchants to accept eCheck payments.
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Deluxe Corp.'s Deluxe Treasury Management Solutions announced an addition to its receivables management suite of services with the incorporation of payment re-association technology to its receivables automation. Deluxe Treasury Management Solutions offers financial institutions and corporate customers, payment re-association capabilities to automate difficult invoice matching scenarios.
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SoMi Data expanded the capabilities of its unit SuiteOrders by integrating with Vantiv Inc. With Vantiv's integrated payments processing, SuiteOrders can provide additional payment features such as advanced fraud and protection services.
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Speedpay Inc., a Western Union Co. company, renewed its relationship with auto-finance provider Flagship Credit Acceptance. Under the agreement, Flagship will provide customers with the option to view their statement or pay their bill from within their smartphones' mobile wallets, using moBills solution through Walletron.
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Verifone Systems Inc. and Alipay extended their existing global partnership to Verifone Taxi Solutions. Through the agreement, Chinese consumers traveling in New York and Las Vegas will be able to pay for taxis in the U.S. using their Alipay Mobile Wallet.
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CGI Group Inc.'s BESS All Payments solutions and HotScan risk screening product suite are now available on Microsoft Azure.
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Visa Inc. and Billtrust entered a partnership to help streamline the reconciliation of business-to-business payments and increase automation of virtual card payments for financial institutions and their corporate customers....