Misys Helps Banks During the Phase-Out of SWIFT Accord
- 9 years 5 months ago
- Transaction Banking
At Sibos 2016, Misys is urging banks to think now about transitioning their confirmation matching processing ahead of the retirement of SWIFT Accord. With the service due to cease in October 2017, making provision to transition as early and as painlessly and as cost effectively as possible is absolutely vital for business continuity.
CGI advances blockchain adoption with implementation of Ripple Validator Node
- 9 years 5 months ago
- Blockchain
CGI (NYSE: GIB) (TSX: GIB.A) today announced it is the first commercial enterprise to implement the Ripple Validator Node. Ripple validators are servers that confirm Ripple’s distributed financial technology transactions on the network. The CGI-hosted Ripple Validator Node provides banking clients with a trusted network partner for Ripple’s distributed financial technology that settles international and domestic transactions in real-time.
Ecobank Wins Trade Finance and Treasury Awards at Sibos
- 9 years 5 months ago
- Trade Finance, Treasury
Ecobank, the leading independent pan-African banking group, has won the awards for Best Trade Finance Services in Africa and Best Treasury Services in Africa in this year’s Treasury Services Awards, organised by financial trade magazine EMEA Finance. The awards were handed out in Geneva today on the margins of Sibos, the major annual banking conference organised by SWIFT. According to EMEA Finance, Ecobank’s strong pan-African platform and its...
SWIFT’s RMB Adoption Enjoys Growth in the UAE
- 9 years 5 months ago
- Infrastructure
Data from SWIFT’s latest RMB Tracker shows exceptional growth in RMB adoption in the United Arab Emirates (UAE) witnessing a 210.8% growth in payments value of the currency since August 2014, albeit from a low base. More than 80% of the direct payments made between the UAE and China/Hong Kong in August 2016 were in CNY, representing one of the highest increases worldwide.
Making Open & Instant Payments a Reality Worldwide: FIS Successes Cross Borders
- 9 years 5 months ago
- Payments
Worldwide, people make more than $1.7 trillion in non-cash payments every year. Making those payments as instant and open as cash is a top priority for FIS™ (NYSE: FIS), a global leader in financial services technology and, it has made great headway toward such a goal by putting payments solutions in place around the world.
Raiffeisen Bank International AG goes live with SmartStream’s Corona Cash & Liquidity solution
- 9 years 5 months ago
- Cash management, Liquidity, Compliance, Regulatory Standards
SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Raiffeisen Bank International AG has taken a proactive approach to Basel III and implemented a cash and liquidity reporting solution – to monitor and manage cash positions on an intraday basis, throughout the group.
ACI Worldwide and VocaLink Team Up to Speed up Adoption of Immediate Payments Around the World
- 9 years 5 months ago
- Payments
ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, today announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network.
Accuity Simplifies KYC with New Ultimate Beneficial Ownership Data
- 9 years 5 months ago
- AML and KYC
Understanding the risk that a financial counterparty represents to a financial institution is critical in deciding whether to continue to do business with an existing counterparty or to form a relationship with a new one. Having sight of the entities and individuals with an owning interest in a bank or financial institution (FI) is essential if they are to avoid dealing with sanctioned entities and comply with new regulations.
Accuity Launches Next Generation of Assurance Services
- 9 years 5 months ago
- Compliance
Accuity, the leading global provider of financial crime compliance solutions, is developing the next generation of assurance services with policy management capability to help compliance professionals respond to increased regulatory scrutiny for transparency, traceability and auditability. The new service will provide compliance leaders with oversight, control and assurance over their screening systems, which will support their agile decision...
Earthport Signs MoU with SECB Swiss Euro Clearing Bank
- 9 years 5 months ago
- Banking
Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with SECB Swiss Euro Clearing Bank (SECB), in order to reach an agreement to provide foreign payment services. SECB Swiss Euro Clearing Bank is based in Frankfurt, Germany, and is a significant bank in the region. It is Earthport’s goal to establish itself as a local service provider of...
Societe Generale Appoints Jean-François Mazure as Head of Cash Clearing Services
- 9 years 5 months ago
- People Moves
Societe Generale Global Transaction Banking (SG GTB) has appointed Jean-François Mazure as Head of cash clearing services. He replaces Emmanuel de Bouard who has decided to retire in the coming weeks. Based in Paris, Jean-François reports to Benoît Desserre, Head of global transaction banking. Previously co-head of cash clearing services, Jean-François Mazure will pursue the strategic development of the correspondent banking business globally...
Equiniti Launches Digital Authentication Service Using Biometrics
- 9 years 5 months ago
- Authentication Technology
Equiniti Group PLC, a leading provider of powerful technology solutions that help clients to manage the challenges of an increasingly complex and regulated world, today announced the launch of Prequel - its groundbreaking mobile biometric authentication and identity lifecycle solution. Biometrics are the measurable physiological and behavioural characteristics that uniquely define a person.
Managing Risk and Driving Trade will Shape Next Chapter of the African Growth Story
- 9 years 5 months ago
- Trade Finance, Banking, Risk Management
“A correct understanding of risk in Africa – along with an appreciation of the growth potential yet to be unlocked by trade; both cross-border and intra-Africa, provides global corporates with a new lens through which to identify and access African growth,” says Vinod Madhavan, Head, Transactional Products and Services, Africa at Standard Bank.
Alkami Technology Subscribed to FI Navigator's Mobile Banking Module
- 9 years 5 months ago
- Mobile Banking, Infrastructure
FI Navigator announced that Alkami Technology, a provider of online and mobile banking solutions for financial institutions, has subscribed to its cloud-based mobile banking module, which provides vertical intelligence on the mobile banking services offered by nearly 7,000 U.S. financial institutions. As part of FI Navigator’s banking vertical data and analytics platform, which contains information on more than 13,000 financial institutions and...
Blockchain Set to Transform the Financial Services Market
- 9 years 5 months ago
- Blockchain
Infosys Consulting, in partnership with HHL Leipzig Graduate School of Management, has today published its latest white paper, Blockchain Technology and the Financial Services Market: State-of-the-art Analysis.
