latest news

Stanchion Innovates to boost Ficanex Fintech offerings

Stanchion, a leading global Fintech solutions company, has been selected to develop and implement a new Fintech aggregation platform for The Ficanex Group, in Canada. Ficanex, formed as a partnership in 2000 between a group of credit unions and banks, is the operator of The EXCHANGE® ATM Network in Canada. The EXCHANGE Network is a shared services network that permits surcharge-free cash withdrawals, PIN changes, and inter-institutional deposits at ATMs across the country. It provides services to over 170 financial institutions, and over 5.5 million cardholders, across a network of over 3,300 ATMs nationwide. Ficanex’s main objective is to build a [...]

2017-10-16T07:24:49+00:00 September 11th, 2017|Categories: News|Tags: , , , |

Early Detection Fraud Solution In Action – A Whitepaper

Following a major data security breach, one of the largest financial services groups in Africa asked Stanchion for help in architecting and implementing a first line of defence against fraud at ATMs. It took us just six weeks to roll out a solution that protects the group through early detection of irregular transactions that evade industry standard transaction authentication and fraud detection methods.   TODAY’S THREATS DEMAND A MORE PROACTIVE APPROACH TO PAYMENTS SECURITY Any security breach in a financial institution’s payments environment—no matter the scale—represents a massive business risk. Proactive monitoring and management of financial transactions significantly reduces this [...]

2017-10-16T15:49:11+00:00 July 29th, 2017|Categories: News|Tags: , , , |

Stanchion Expands Into Asia-Pacific Region

Stanchion, a leading FinTech solutions company, has expanded into the Asia-Pacific region (APAC). Stanchion has opened its APAC head-office in Melbourne; this strategic geographical move will enable Stanchion to now have a truly global footprint. Stanchion develops and delivers FinTech solutions that consistently deliver high performance and total systems integrity across complex payment environments and enhances their capability. “APAC is a progressive market when it comes to electronic payments,” says Stanchion CEO Graham Williams. “We are excited to bring our market leading solutions to this region at a time when the market and the region are undergoing significant financial services [...]

2017-10-16T09:05:15+00:00 March 13th, 2017|Categories: News|Tags: , , , |