Payoneer partnered and integrated with eZ Cash

Payoneer, an innovative cross-border payments company transforming the way businesses pay and get paid globally, announced today that it has partnered and integrated with eZ Cash, Sri Lanka’s leading mobile money network and a brand of the Dialog Axiata group, which commands 50% of the country’s mobile market.

Through the integration, Sri Lankan entrepreneurs, merchants and freelancers are able to withdraw cross-border payments they receive using Payoneer straight to their eZ Cash mobile accounts, where they can make a host of local payments with greater ease. The partnership marks another step in Payoneer’s roadmap to make payments for SMBs more seamless, flexible and localized than ever before. eZ Cash will market Payoneer to its small business customers as a value-added service.

The integration enables eZ Cash’s 14 million subscribers to leverage Payoneer’s cross-border capabilities to connect with marketplaces and clients worldwide. eZ Cash customers can send and receive funds across the network’s user base; receive inward remittances from abroad; make online purchases; and settle utility bills, directly from their mobile phone.

ABN Amro turns to Bankable platform for digital unit Moneyou

Bankable’s Banking as a Service platform powers Moneyou BV, the fully digital consumer subsidiary of ABN Amro. The service is now opened to selected customers in the Netherlands.

Moneyou is a financial service provider launched by ABN AMRO under a separate brand in 2001 and active in 4 countries in the EU. Moneyou provides savings accounts to more than half a million customers and is now diversifying its offering by leveraging Bankable’s latest generation multi-wallet and multi-card technology to launch a full product portfolio targeted at millennials in the Netherlands and in Germany.

Moneyou is continuously improving its products and services with its innovative approach. For many target groups, the established way of banking no longer suits the changing customer needs. People wish to be more self-determined in life. That’s why Moneyou enables people to handle their financial needs with greater confidence and independence, by creating financial products and services that are transparent and easy to use. To remain innovative, Moneyou needs to be flexible and versatile by setting up a lean and future-proof IT infrastructure. That’s why Moneyou uses a partner model of technical specialists who assist in the modular development of products and services.


Vasco melds blockchain with digital signatures for tracking loan documents

VASCO Data Security International announced it will demonstrate a proof-of-concept that brings together e-signature and e-vaulting technologies with blockchain to enable a completely digital lending process that ensures transactions are tracked in an open and transparent way.

The eSignLive Digital Lending Solution paired with blockchain has the potential to give banks, lenders and investors complete visibility into the lending process and demonstrate who has legal control over the authoritative copy of the loan document. The combination of technologies can also simplify the tracking and storage of loan documents, from origination through funding, while maintaining strict controls to prove the document’s authenticity and uniqueness as the loan is sold and transferred.

During this morning’s demonstration at FinovateFall 2017 in New York, VASCO will show the completion of an end-to-end loan closing process in real-time. The process will include the electronic signing of the loan contract, the transfer of the loan to a lender in a secure e-vault and the sale of the loan to an investor for funding and fulfilment. Behind the scenes, the use of blockchain ensures that every action taken during the lending process is captured and tracked in an open and transparent fashion.

ATM provider Payment Alliance International rebrands

Payment Alliance International (PAI), the nation’s largest, privately-held ATM provider, today announced it is rebranding, adopting a new logo and visual identity, as well as repositioning its corporate messaging to fuel its next wave of growth.

Complementing rapid growth and an enhanced focus on its successful ATM business, rebranding helps the company usher in a new era, while publicly highlighting its position as bold, confident and forward-thinking experts in the ATM processing space.

“We’re constantly charting new frontiers and alliances to propel our business forward and advance ATM technology,” said John J. Leehy III, PAI president and CEO. “A refreshed and modern brand symbolizes our business strategy going forward, while accurately depicting the great confidence, knowledge and expertise of our employees nationwide,” added Leehy.