Pega Announces Small Business Lending Reference App To Help Banks Speed Processing of COVID-19 Emergency Loans
- 6 years 6 months ago
- Lending
Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced the launch of a Crisis Small Business Lending reference application which helps financial institutions manage the thousands of emergency loan applications pouring
Cassini Systems Partners with AcadiaSoft to Help Clients Manage Initial Margin Requirements
- 6 years 6 months ago
- Trading Systems, Derivatives and OTC Derivatives
Cassini Systems, the leading provider of pre- and post-trade margin analytics for derivatives market participants, announced today a new initial margin (IM) partnership with AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community.
VALK partners with Koine to enable payment and cash custody on Corda for investment banks, asset and fund managers
- 6 years 6 months ago
- Payments
VALK is pleased to announce a partnership with Koine, who provides a post-trade solution for digital assets and fiat that integrates with the blockchain software R3’s Corda technology to provide custody and settlement services on the VALK platform.
Financial Services Firms Spend $180.9 Billion on Financial Crime Compliance, According to LexisNexis Risk Solutions Global Study
- 6 years 6 months ago
- Security and Compliance, Risk Management
Today, LexisNexis® Risk Solutions released its True Cost of Financial Crime Compliance Global Report, which provides global industry-driven insights for financial services firms across the Asia Pacific (APAC) region, Europe, the Middle East and Africa (EMEA), Latin America (LATAM) (including Mexico) and the U.S. and Canada. The report reveals that the projected total cost of financial crime compliance in these markets amounts to $180.9 billion.
Digital Signatures: A Critical Tool to Keep Business Moving in Challenging Times
- 6 years 6 months ago
- Covid-19, Security
GMO GlobalSign www.globalsign.com, a global Certificate Authority (CA) and leading provider of identity and security solutions for the Internet of Things (IoT), today announced steps to help companies conduct business securely while working remotely during the Coronavirus pandemic.
IDnow notices changes in customer behaviour since Coronavirus (COVID-19) restrictions
- 6 years 6 months ago
- Covid-19
IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers, publishes statistics on the changed customer habits since Europe has experienced restrictions on everyday life due to the coronavirus (COVID-19). As part of the Corona Pandemic, many service providers have experienced significant changes in customer demand and behaviour. As a provider of an Identity Verification-as-a-Service platform, IDnow...
Investment Priorities of African Banks and Merchants Revealed in 2020 Digital Payments Survey
- 6 years 6 months ago
- Payments, Banking
OpenWay, a global vendor of digital payment software, partnered with technology analyst house Ovum (now Omdia) to conduct the 2020 Digital Payments in Africa survey. Key retail banks and merchants in East, West and Southern Africa took part to provide a glimpse into the retail payment landscape of Sub-Saharan African region.
EPA publishes new guidance on digital identification and authentication to help tackle financial crime
- 6 years 6 months ago
- Digital Identity, Payments
The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing payments companies, has today published new guidance on digital identification and authentication to help combat financial crime.
Kompli-Global unveils the most comprehensive remote corporate onboarding platform to take the fight to fraudsters and money launderers
- 6 years 6 months ago
- RegTech
Kompli-Global, the leading RegTech AML specialist, is taking the fight to fraudsters and money launderers, as it today unveils Kompli-QED, the most comprehensive remote corporate onboarding platform.
Jaya Baloo, a recognized cybersecurity professional joins Nixu Corporation Board of Directors
- 6 years 6 months ago
- Cybersecurity, People Moves
Jaya Baloo has been Chief Information Security Officer at information security company Avast since October 2019. Previously, Ms. Baloo held the position of CISO at KPN, the largest telecommunications carrier in the Netherlands, where she established and led its security team for 7 years. The team’s best practices in information security strategy and policy are today recognized as world leading. Prior to this, Ms. Baloo held the position of...
Saxo Bank’s most traded Q1 stocks: Tesla took investors for a ride
- 6 years 6 months ago
- Covid-19, Equities Trading
After a slow climb in January, the covid-19 pandemic flushed all profits down the drain in a matter of weeks. This was mostly personified by Tesla’s Q1 rollercoaster, going from a short squeeze which sparked a 50% increase in the stock price to being hit by the covid-19 lockdown, which made it drop back to where the year started. Following a fantastic year in 2019, the market took a tumble in the first months of 2020. This resulted in a 24% drop...
European Mobile Wallets Market to Reach $111.4bn Value by 2023
- 6 years 6 months ago
- E-Wallets
The global payment industry has gone through a massive change over the past decade, with more and more people utilizing the benefits of innovative financial technologies. The global shift towards a cashless society produced a massive space for mobile wallets as a new, safer, and more convenient way of making payments. With the coronavirus outbreak, electronic payments became even more appealing as people started questioning the safety of using...
Fintech Paymentology goes live with fastest certification for Hong Kong’s 3,000 ATMs
- 6 years 6 months ago
- Payments, ATMs
Leading paytech, cloud based payment processor Paymentology, has achieved certification in record time from Jetco, the consortium of thirty leading banks in Hong Kong and Macau, which owns the 3,000 ATMs across the region, to support the launch of a new digital bank in Hong Kong.
Starling Bank supporting small businesses through the Coronavirus Business Interruption Loan Scheme
- 6 years 6 months ago
- Banking
Starling, the digital bank, has been accredited by the British Business Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). This will enable it to provide term loans between £5k and £250k to small and medium-sized enterprises (SMEs) that are struggling financially as a result of the coronavirus emergency. Starling will shortly confirm the date from which it will be ready to start receiving CBILS...
British Business Bank announces new lenders under Coronavirus Business Interruption Loan Scheme
- 6 years 6 months ago
- Banking
Today the British Business Bank has announced that it has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) - The Co-operative Bank, Cynergy Bank, OakNorth Bank and Starling Bank. Following their approval, each lender will be putting in place the operations required to start lending under the scheme and will confirm shortly the dates from which they will be ready to start receiving CBILS...
