Gunvor Singapore Closes Asian RCF Oversubscribed at USD 911.7 Million
- 9 years 7 months ago
Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor Group"), has signed a USD 911.7 million syndicated revolving credit facility (the "Facility"). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and an accordion feature has been opened to accommodate additional participation.
Thomson Reuters Named Best Multibank and Independent Platform in Euromoney FX Poll for 13th Year
- 9 years 7 months ago
- Banking
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its dealer-to-customer trading venue, FXall, has again been named “Best multibank and independent platform” in this year’s Euromoney Foreign Exchange Survey for the 13th consecutive year. Euromoney’s annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 FX market...
Canadian Uni Installs Bitcoin ATMs For Future of Fintech
- 9 years 7 months ago
- ATMs
A Canadian university is installing bitcoin ATMs across campus, and will accept the digital currency for the purchase of text books, in an effort to stimulate discussion about the future of money and innovation in financial services.
CBA Will Test Ripple For Intra-bank Transfers
- 9 years 7 months ago
- Retail Banking
Commonwealth Bank of Australia is to begin testing technology from Ripple Labs to transfer funds between its subsidiaries.
Five FinTech start-ups make it to the Payments Dragons' Den final at PayExpo 2015
- 9 years 7 months ago
- Payments
Five exciting new payment start-ups have reached the final for the 2015 Dragons' Den contest at PayExpo. The highly anticipated competition, which received record entries this year, is the ideal platform for emerging companies looking to present their innovative ideas and game-changing payments technologies to a global market. The 2015 Payments Dragons' Den finalists are: xWare42 - a software developer whose core product, xPay, allows banks to...
Wolters Kluwer Announces New Leader For UK Tax and Accounting software business
- 9 years 7 months ago
- People Moves
Today Wolters Kluwer announces that Claire Carter has joined as UK Managing Director for its Tax and Accounting software business. Claire joins from Sage Software where she was formerly Managing Director of its Accountants Division for the UK and Ireland delivering Cloud and on premise solutions to accountants. Before that, Claire worked for Morgan Stanley and Alliance & Leicester in senior commercial roles.
BasisCode Compliance Named WealthManagement.com 2015 Industry Awards finalist
- 9 years 7 months ago
BasisCode Compliance, provider of the industry’s broadest integrated compliance software for asset managers, advisors and other financial services firms, has been named a finalist in the compliance technology category of WealthManagement.com's 2015 Industry Awards, the first program to honor outstanding achievements by companies that help advisors better manage their businesses through innovation, enhanced service quality or an enriched advisor/...
Mobile Banking Leads Financial Liberation in Eastern Europe
- 9 years 7 months ago
- Mobile Banking
The increasingly mobile-centric lifestyle of many Europeans can largely be attributed to the increase and success of mobile channel initiatives focused on providing cheaper, more convenient services. Although still playing catch up to Western Europe, mobile subscribers in the Central and Eastern European (CEE) region are increasingly reliant on their mobile devices and smartphone adoption is increasing.
NanoSpeed Provides The World Fastest FPGA Trading Solution
- 9 years 7 months ago
- FPGA
NanoSpeed, the provider of ultra-fast FPGA solutions to the trading community, has announced today the world’s fastest FPGA for trading with the launch of Nano-Gateway, a trading gateway. The new FPGA halves the latency of NanoSpeed’s first trading gateway, Nano-TG (launched in 2013) which was already the fastest on the market by a significant margin.
Two Million Danes Unite The Next Wave In Mobile Payments As Danske Bank’s MobilePay Teams Up With PowaTag
- 9 years 7 months ago
- Payments
Denmark is leading the way to a cashless society by planning to scrap obligatory cash payments – and now two out of three smartphone users will be able to enjoy an entirely new way to shop as Danske Bank’s market leading MobilePay app introduces the transformative “buy anywhere” capabilities of acclaimed mobile commerce platform PowaTag.
Visa Europe Provides Novation Hub In Israel
- 9 years 7 months ago
- Payments
Fresh from the launch of Visa Europe Collab in London earlier this month, the card scheme has exported the idea to Israel with the opening of an innovation hub in Tel Aviv.
Leading Global Asset Manager For Emerging Economies Selects eFront’s FrontPM Solution
- 9 years 7 months ago
eFront, a leading software provider of financial solutions for managing alternative investments, has announced that responsAbility Investments AG, a global leader in development investments, has chosen eFront’s FrontPM portfolio monitoring solution. FrontPM streamlines and automates the collecting of portfolio company data. For responsAbility, the eFront solution will allow the firm to grow efficiently while providing exceptional management for...
Capgemini Selected As State of Georgia’s Multi-Sourcing Service Integrator
- 9 years 7 months ago
US And LatAm Treasurers Confident On Business Prospects For Year Ahead
- 9 years 7 months ago
- FinTech StartUps
Almost two-thirds of senior treasury and finance professionals in the US and Latin America region said they feel more confident about their own business’s prospects in the next year. 62% answered 'yes' to the question 'Compared to last year, do you feel more confident about your business’s prospects in the next year?' A similar percentage – 61% – also said they feel more confident about the US's prospects in the year ahead.
‘Just Eat Effect’ has Brits Purchasing More Meals Online Than Ever Before
- 9 years 7 months ago
- Payments
The popularity of online food delivery services such as ‘Just Eat’ has Brits turning off their ovens and turning on their internet browsers in record numbers. According to Worldpay, takeaway only businesses have also seen online sales leap by 22% in the past year, as ordering online becomes the default option for hungry Brits.
