Guernsey leads the way on smart contracts
- 7 years 5 months ago
- Infrastructure
Guernsey is demonstrating its global leadership in drafting new laws to offer certainty in the use of “Electronic Agents” in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist financial services.
Austria’s Sparkassen-Prüfungsverband Selects Wolters Kluwer’s OneSumX for Regulatory Reporting
- 7 years 5 months ago
- Regulatory Standards
Sparkassen- Prüfungsverband has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its market leading regulatory reporting software functionality for the mandatory audit reports and appendix to the reports (the so-called “Anlage zum Prüfbericht”). These yearly bank audits need to be performed by the auditors for all banks in Austria, with many choosing to utilize OneSumX for Regulatory Reporting.
Three Finnish Financial Institutions Select Cognizant to Digitally Transform Operations
- 7 years 5 months ago
- Banking
Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.
IHS Markit Adds Nine Financial Institutions to Industry Design Team for SFTR Reporting
- 7 years 5 months ago
- Infrastructure
Business information provider IHS Markit (Nasdaq:INFO) today announced that ABN AMRO, Banco Santander, Bank of America Merrill Lynch, Barclays, Goldman Sachs, ING and three other financial institutions have joined its technology design team for Securities Financing Transaction Regulation (SFTR) reporting.
Fenergo Enables Self-Service Platform Configuration with Digital Configuration Studio
- 7 years 5 months ago
- Regulatory Standards, Infrastructure
Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions for financial institutions, introduces Fenergo Digital Configuration Studio, a low to no-code administration suite that allows financial institutions to easily configure the Fenergo CLM solution to suit their organisational needs.
Double digit growth in SWIFT message volumes as gpi uptake soars
- 7 years 5 months ago
- Payments
SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion. This marks an 11.3% increase on 2017 – and a 56% increase over the last five years. Traffic growth was driven by the mass adoption of SWIFT gpi – which now accounts for over half (55%) of cross-border payment instructions carried on the network, only two years since its launch.
Growth Street aims to transform business lending with £7.5m scale-up round led by Merian Chrysalis
- 7 years 5 months ago
- Infrastructure
Signalling a vote of confidence in British fintech, business lending platform Growth Street has raised a £7.5m scale-up investment round led by the Merian Chrysalis Investment Company Limited (Merian Chrysalis). Asset manager Merian Global Investors has joined forces with leading individual investors including Rob Rankin, former co-Head of Corporate Banking & Securities at Deutsche Bank, and Peter Brodnicki, CEO of the Mortgage Advice Bureau...
International Payment Transfer Provider FlashFX Upgrades Additional Customer On-Boarding Security Through 4Stop's KYC and Anti-Fraud Solution
- 7 years 5 months ago
- Money Transfers
4Stop ("FourStop GmbH"), a leader in providing premium global KYC, compliance and anti-fraud technology, announces today they are live and operational within FlashFX's global payment t
NEXT Biometrics to Start Sampling Dual Interface Smart Card Solution
- 7 years 5 months ago
- SaaS, Authentication Technology
NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that it will start sampling its dual interface smart card solution (One Touch Flex CL) early in the second quarter of 2019. The solution enables NEXT's unique technology to be used with contact and contactless smart cards, including payment cards.
TNS to acquire R2G
- 7 years 5 months ago
- M&A Deals
Transaction Network Services (TNS) today announced the acquisition of Chicago-based market data, connectivity and hosting specialist R2G Services.
Grasshopper Partners with Solace for AI-powered trading
- 7 years 5 months ago
- Artificial Intelligence
Grasshopper, Singapore’s leading proprietary trading firm and liquidity provider, has expanded its deployment of the Solace PubSub+ advanced event broker to offer enhanced capabilities that use machine learning for predictive trading. Grasshopper has trusted Solace’s advanced event broker technologies as the data movement foundation of its low latency trading system since 2011.
Target and Taco Bell partner Apple for easy and secured payments
- 7 years 5 months ago
- Payments
Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay, the most popular mobile contactless payment system in the world that lets customers easily and securely pay in stores using their iPhone and Apple Watch. With the addition of these national retailers, 74 of the top 100 merchants in the US and 65 percent of all retail locations across the country...
Mastercard Shoppers Can Soon Tap & Go at Target
- 7 years 5 months ago
- Payments
Today, Mastercard announced its contactless cards soon will be accepted at Target stores, giving shoppers the ability to simply tap to pay. Cardholders using a contactless Mastercard—ones with a contactless symbol on them—will tap their card on the reader screen to pay and head on their way.
RESEARCH REVEALS POOR UNDERSTANDING OF BLOCKCHAIN AMONGST SENIOR BUSINESS EXECUTIVES
- 7 years 5 months ago
- Data, Infrastructure
New research amongst institutional investors from the Global Blockchain Business Council (GBBC) - the leading association for the blockchain ecosystem - reveals 63% believe senior executives at large established businesses have a poor understanding of blockchain. Only 7% described their understanding as ‘good’, with the remainder describing it as ‘average’.
Tungsten Network launches Workflow 5.0
- 7 years 5 months ago
- Banking, Accounting
Tungsten Network, the global business transaction network, has released a new version of its Workflow product. Tungsten Network Workflow automates accounts payable processes, enabling incoming invoices to be automatically routed, coded, matched, approved and posted into their Enterprise Resource Planning (ERP) system via an integrated connection. It offers users a single reference point from which they are able to track invoices, monitor cash...
