Wirecard and MyOrder Team Up to Deliver New FinTech Solution
- 8 years 7 months ago
- Payments
The Wirecard Group and MyOrder B.V. (a Rabobank Company) cooperate to create new FinTech solutions. Wirecard and MyOrder now enabled GRPPY (Grouppay, www.grppy.com) to create a shared wallet. GRPPY is Rabobank latest startup and is using the platform of MyOrder, for which Wirecard already provides the complete wallet infrastructure as a technical service provider.
BNP Paribas to run a second International Hackathon aimed to bring together 100+ startups from 8 countries
- 8 years 7 months ago
- FinTech StartUps
BNP Paribas is to run a second International Hackathon from 17 to 19 June. More countries will be involved this year – eight, up from five for the 2015 event. The theme of the 2016 Hackathon is: ‘Streamlining the Customer Journey through co-creation with start-ups.’
Paytm Goes Live with Infosys Finacle to Power its Payments Bank Business
- 8 years 7 months ago
- Banking, Core Banking, Reconciliation, Wholesale Banking, Retail Banking, Islamic Finance, Mobile Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY) and Paytm, India’s largest mobile payments and commerce platform, today announced that the Finacle Core Banking solution has been selected to power Paytm’s new payments bank business. Paytm will leverage Finacle’s proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings. Key Highlights:
BofA Merrill Lynch launches Instinct® Loans
- 8 years 7 months ago
- Trading Systems, Transaction Banking, Cash management
Bank of America Merrill Lynch today announced the launch of a new electronic platform, Instinct® Loans, for the secondary trading of syndicated corporate loans. The platform, which is part of the firm’s ongoing commitment to providing liquidity to clients, strives to simplify and enhance the market by combining innovative technology with market-leading sales and trading professionals.
Alacra and OutsideIQ join forces to advance due diligence reporting capabilities
- 8 years 7 months ago
- Security, AML and KYC
Regulatory SaaS technology leader Opus announced today thatAlacra, its KYC and reference data management platform, has signed a distribution partnership with
Four of the UK’s biggest high street banks to launch “Pay by Bank app” Mobile payment service
- 8 years 7 months ago
- Payments, Banking, Mobile Banking
Bank of Scotland, Barclays, Halifax and Lloyds Bank are working with Zapp, VocaLink’s payments innovation team, to deliver “Pay by Bank app” that makes paying with your mobile safe, secure and convenient VocaLink today announces its new “Pay by Bank app” service is soon to be available to customers of four of the UK’s biggest banks.
BioCatch Prolongs Partnership with Microsoft Azure
- 8 years 7 months ago
- Authentication Technology
BioCatch™, the global leader in Behavioral Authentication and Malware Detection, announced today the integration of additional Microsoft Azure capabilities into its behavioral biometrics technology, enhancing BioCatch’s ability to detect and fight financial fraud at some of the largest banks and ecommerce sites around the world.
SIFMA Releases State-By-State Capital Markets
- 8 years 7 months ago
- Infrastructure
SIFMA has launched an interactive database that displays information about the capital markets in each state. The database is designed to be a resource for audiences seeking to learn more about capital markets and their impact on states’ economic growth, infrastructure and innovation. The database includes several downloadable data points for each state, including:
IPC Unveils Fixed Income Marketplace
- 8 years 7 months ago
- Trading Systems
IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that it has launched Fixed Income Marketplace, a premier holistic connectivity solution for market participants to trade fixed income instruments electronically or via voice.
Margetts Selects Bravura's SaaS Transfer Agency Package
- 8 years 7 months ago
- SaaS
Bravura Solutions Pty Limited (Bravura) today announced that boutique fund manager, Margetts Fund Management Limited (Margetts), has selected its SaaS transfer agency package. As the first customer to take advantage of the off-the-shelf functionality, Margetts benefited from the short implementation timeframe and low operating costs associated with the offering. The solution supports the distribution, servicing and administration of Margetts’...
Banco Original Deploys OpenLink Comprehensive Banking and Treasury Solution
- 8 years 7 months ago
- Treasury, Banking, Infrastructure
OpenLink, the global leader in trading and risk management solutions for the financial services, corporate, energy, and commodities industries, has completed the initial phase of a comprehensive banking and treasury solution at online start-up bank, Banco Original, an online bank focused on retail customers. The implementation at Banco Original, which is a subsidiary of large Brazilian conglomerate, J&F Group, was completed in an...
Torstone's Myanmar-Based Broker Leverages Inferno
- 8 years 7 months ago
- Trading Systems, Derivatives and OTC Derivatives
Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces that a Myanmar-based broker has begun using Inferno, Torstone’s post-trade securities and derivatives processing system. Inferno will process the broker’s post-trade flow of its equities execution business. Inferno covers the whole trade life-cycle from trade capture through to settlement, accounting and reconciliation.
Centrify Explores Consumer Attitudes Towards Hacking
- 8 years 7 months ago
- Security
A new study from Centrify, the leader in securing enterprise identities against cyberthreats, reveals that 75 per cent of adults in the UK would stop doing business with, or would cancel a membership to, an organisation if it was hacked. This suggests, however, that a quarter would carry on using that company, despite the security risks to both personal and financial information.
Earthport and MoneyGram Collaborate to Launch New Service in Romania
- 8 years 7 months ago
- Transaction Banking, Payments
MoneyGram and Earthport announce the launch of a new service that allows MoneyGram customers around the globe to send money directly to any RON bank account in Romania.
Synechron Examines Potential of Blockchain and AI in Financial Services
- 8 years 7 months ago
- Blockchain, Infrastructure
Synechron, Inc., a global consulting and technology innovator in the financial services industry, today released the results of a survey conducted by the TABB Group for Synechron on the potential of blockchain and artificial intelligence (AI) in financial services. The survey was conducted with 92 banking and capital markets institutions, with executives that are directly involved with technology decisions at their firm. The major findings are...
