First BELLIN Customer Goes Live with gpi for Corporates (g4C)
- 7 years 2 months ago
- Treasury, Payments, Banking
BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, has successfully integrated SWIFT gpi for Corporates (g4C) technology in its tm5 treasury management system. BELLIN client Darling Ingredients Inc. just went live with g4C and has processed the first g4C payments in tm5, together with JPMorgan Chase bank.
NPM Capital Acquires 35% Stake In Ohpen
- 7 years 2 months ago
- Banking, M&A Deals
First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other...
Flywire, TRUE North Partner for International Student Programs in Canada
- 7 years 2 months ago
- Payments
Flywire, a company that solves complex payment problems for educational institutions and their students around the world, today announced the next strategic step in its partnership with TRUE North, a Canadian-based provider of online systems for information management, tracking, collaboration, and reporting for international student programs. The companies have integrated their solutions – connecting the application, enrollment and cross-border...
Libertex Launched Lyft Trading
- 7 years 2 months ago
- Trading Systems
Igor Galkin, Head of Global Business Development and Sales at Libertex Group, said, “Lyft held an IPO at the end of March, 2019. Its shares are one of the most interesting instruments of this season. We’re glad to offer our clients CFD for Lyft shares and open new trading opportunities for them.”
Praxia Bank to Offer Deposit Products via Cross-border Deposit Marketplace
- 7 years 2 months ago
- Banking
A new deposit acquisition strategy capitalizing on cutting-edge technology and globalized market opportunities.
Imandra Completes $5 Million Seed Round Led by AlbionVC, IQ Capital and LiveOak Venture Partners
- 7 years 2 months ago
- Investment
Imandra Inc. - creator of the Imandra cloud-native automated reasoning engine - has completed a $5 million Seed investment led by AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used towards further growth in financial services and fast-growing applications of their AI technology to autonomous vehicles, robotics and machine learning. Imandra democratises deep advances in symbolic AI for making algorithms safe, explainable...
Paysend recognised by MasterCard for the quality of their payment processing
- 7 years 2 months ago
- Payments
The quality of payment processing by paytech firm Paysend has been recognised by MasterCard. The recognition comes in the form of MasterCard’s Regional Compliance Award, which compares ICAs (Interbank Card Association Numbers) in their respective region. Only ICAs in the top five per cent with the highest compliance percentage receive the awards.
Customer engagement key differentiator for banks as total redress payments increase
- 7 years 2 months ago
- Banking, Infrastructure
Statistics from the recent FCA complaints handling report show that the total redress paid to consumers was £2.26 billion, 12% (£216 million) increase compared to £2.57 billion in 2018 this time last year.
Baker Hill and Validis Partner to Combine Powerful, Industry-Leading Technology
- 7 years 2 months ago
- Compliance, Risk Management
Baker Hill – a leading provider of technology solutions for common loan origination, risk and relationship management, CECL compliance, and smart data analytics – and Validis – a pioneer of financial data sharing and standardization technology – have entered into a strategic partnership to combine the companies’ industry-leading technology.
HSBC and Walmart Join Forces on Sustainable Supply Chain Finance Programme
- 7 years 2 months ago
- Supply Chain Finance
HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance. This global programme allows Walmart’s suppliers who demonstrate progress in Walmart’s Project Gigaton or Sustainability Index Program to apply for improved financing from HSBC based on their sustainability ratings.
Surecomp Inaugurates SureLab Innovation Center
- 7 years 2 months ago
- Infrastructure
Surecomp®, the global trade finance fintech leader, announced today the inauguration of SureLab, Surecomp’s newly established innovation lab. SureLab was established to centralize Surecomp’s digitization initiatives thereby enabling Surecomp to maintain its position at the forefront of trade finance innovations. SureLab aims to introduce new technologies to the digital trade finance arena.
Singapore Airlines Partners with Adyen To Speed Digital Payment Journeys
- 7 years 2 months ago
- Payments
Singapore Airlines has partnered with Adyen, the payments platform of choice for many of the world's leading companies, to ensure a frictionless payments experience for customers when they book online or in-app. Working with Adyen, Singapore Airlines has enjoyed an increase in authorization rates, flexibility on fraud risk management and richer data insights, resulting in a more seamless payment experience for its customers across the globe.
Stripe unveils new products and acquires verification company Touchtech Payments
- 7 years 2 months ago
- Payments, M&A Deals
Today, payments infrastructure company Stripe announced a series of updates to its product stack for businesses operating in Europe, and acquired a Dublin-based tech company called Touchtech Payments.
Broadridge to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Company
- 7 years 2 months ago
- M&A Deals
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500®Index, today announced it has entered into a purchase agreement to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Company (Nasdaq: AMTD). The acquisition will expand Broadridge’s suite of solutions for the growing qualified and non-qualified retirement plan services...
DTCC Outlines Path To Reduce Trade Failures and Increase Security
- 7 years 2 months ago
- Security and Compliance, Trading Systems
The Depository Trust & Clearing Corporation (DTCC) announced the release of a new paper addressing issues of trade failures in the institutional post-trade marketplace where greater technology adoption could help with growing problems in an era of cost pressures, heightened regulatory requirements, and increasing cyber security focus.
