Wirecard and Oney Bank Implement the First Biometric Payment System in Romania

Wirecard, the global innovation leader in digital financial technology, is working with Oney Bank to implement Well.com, a unique and innovative mobile application in Romania, which allows biometric authentication payment by fingerprint. Oney Bank is the banking and financial arm of Auchan Retail Romania which has annual turnovers of over 1.2 billion euros. Consumers will be able to pay with the app in over 30 Auchan stores throughout Romania. A future expansion is planned to offer it as a payment method in...

Genworth and Oceanwide Extend Merger Agreement

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to an eighth waiver and agreement of each party’s right to terminate the previously announced merger agreement.  The eighth waiver and agreement extends the previous deadline of January 31, 2019 to March 15, 2019 in consideration of pending regulatory reviews and the upcoming Chinese New Year/Spring Festival holiday, which begins on February 4. The transaction has received all required U.S. insurance regulatory approvals. The...

PINTEC Taps President Zhou Jing to Lead Expansion of International Business

Pintec Technology Holdings Ltd. (“PINTEC”;NASDAQ: PT), a leading independent technology platform enabling financial services in China, today announced President Zhou Jing will lead the Company’s international business expansion effort. “In her capacity as President, Zhou will take responsibility for overseeing implementation of the Company’s strategy to further expand the international business and seek opportunities outside of China,” said Chief Executive Officer William Wei. “This strategy aims to diversify PINTEC’s revenue sources and sustain the company’s profitable growth in the long run.”...

Broadridge Among FORTUNE Magazine’s 2019 ‘World’s Most Admired Companies’

FORTUNE® magazine has again named Broadridge Financial Solutions, Inc. (NYSE: BR) to its list of the World’s Most Admired Companies in the category of financial data services. The FORTUNE list, considered one of the leading measures of corporate reputation among the world’s largest companies, rates companies on a range of criteria, from investment value to global competitiveness and innovation. Broadridge is a global Fintech leader providing technology, communications, and data and analytics solutions to financial firms in capital...

New Blockstream Joint Venture to Expand Bitcoin Applications in Japan

Today it was revealed that Blockstream has entered a new joint venture, Crypto Garage, with Japanese fintech industry heavyweights Digital Garage and Tokyo Tanshi. As part of the joint venture, Crypto Garage will soon launch SETTLENET, a suite of products based on the Liquid Network that will enhance trading efficiency and security for participants in the Japanese Bitcoin market. The first application to launch on SETTLENET will be a Japanese yen stablecoin (“JPY-Token”) which can...

ABC Financial and Perform Better Announce Strategic Partnership

ABC Financial (ABC), the leading software and payment processing provider to the health and fitness industry, announced their partnership with Perform Better, the leader in functional training equipment and education. Together the organizations will lead the industry in business management education for the fitness marketplace and the tens of thousands of fitness professionals operating facilities across the U.S., Canada and globally. “ABC Financial has aimed to provide customer-centric, experience driven innovation to club management software and payment...

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