Remitly Money Transfer Service Expands in Canada
- 9 years 10 months ago
- Transaction Banking, Payments
Remitly closed a $38.5 million Series C funding round. Stripes Group led this round and was joined by Vulcan Capital, both new investors in Remitly. Existing Remitly investors also contributed to the round including DFJ, DN Capital, Bezos Expeditions and Trilogy Equity Partners, among others. Stripes Group partner Ron Shah will join Remitly’s board of directors as part of the financing. The new capital will be used to grow Remitly’s team and...
Infosys Finacle and Samsung SDS Partner to Provide Enhanced Mobile Banking
- 9 years 10 months ago
- Payments, Mobile Banking
Infosys Finacle a product subsidiary of Infosys and Samsung SDS, a global ICT service provider, today announced a global partnership that will provide end customers with a more secure, fast and convenient way to use mobile banking and payment services.
Visa's First Innovation Center in Asia was Launched
- 9 years 10 months ago
- IT Innovations
Visa unveils the opening of its Singapore innovation center, the first in a network of new regional innovation centers that Visa is launching globally. The new 7,000 square foot Singapore facility will serve as a destination for clients, partners and developers, across the region, to work alongside Visa experts and jointly create the next generation of payment and commerce applications.
Amazon Web Services and Infosys Team Up to Boost Cloud Migration
- 9 years 10 months ago
- Cloud, Infrastructure
Infosys announced a global strategic initiative with Amazon Web Services (AWS) to make transitioning to the cloud easier and faster. Infosys will use AWS to host a suite of Infosys technologies that will help enterprise customers securely adopt cloud-based systems swiftly.
IPBS Partners with eShore to Expedite Private Banking Sales Growth
- 9 years 10 months ago
- Private Banking
International Private Banking Systems the specialist provider of wealth management software for the private banking sector, today announced a partnership with eShore, a trusted IT service provider to offshore international banks and financial services organisations. The agreement will see eShore market and sell the IPBS system in a number of international offshore financial centres where they have an established presence.
Icon Solutions Introduces Instant Payments Framework
- 9 years 10 months ago
- Payments, Infrastructure
Icon Solutions, the independent IT payment consultancy and specialist technology provider, today announced the worldwide launch of its Instant Payments Framework (IPF). IPF is an agile yet robust software product that expedites financial institutions’ transition to instant payments. IPF was designed specifically to meet the needs of national banks and global bank subsidiaries who regularly find the cost and complexity of current payment hubs...
Fiserv and AFS Help Financial Institutions with Commercial Lending Capabilities
- 9 years 10 months ago
- Banking, Alternative Finance
Fiserv announced a partnership that will bring the industry-leading commercial lending capabilities of Automated Financial Systems, Inc. (AFS) to Fiserv bank core account processing clients. The integration of AFSVision® with account processing platforms from Fiserv will enable clients to efficiently expand their lending services to support complex commercial lending demands.
Siraj Finance Benefits from Path Solutions' iMAL
- 9 years 10 months ago
- Islamic Finance
Path Solutions, a global provider of Sharia-compliant financial software and services, today announced that Siraj Finance PJSC, a leading Islamic finance company based in Abu Dhabi, UAE has signed a new agreement for the implementation of iMAL that includes comprehensive Sharia-compliant financial applications.
Credits Partners with Skyscape Cloud Services to Provide Blockchain-as-a-Service to the UK Public Sector
- 9 years 10 months ago
- Blockchain, Cloud, Infrastructure
Credits, a blockchain infrastructure provider is partnering with Skyscape Cloud Services Limited, to deliver Blockchain-as-a-Service to UK public sector organisations.
Wick Hill Named Distributor of the Year’ at the IT Europa European IT and Software Excellence Awards
- 9 years 10 months ago
- Infrastructure
Wick Hill has won the strongly contested ‘Distributor of the Year’ title at the IT Europa European IT and Software Excellence Awards 2016. These are the only pan-European awards that recognise best practices and service excellence in the IT community. Wick Hill won in the supplier section which recognises the distributor who best supported its channel partners to deliver excellence.
UK Outruns Singapore As the Second largest Offshore RMB Clearing Centre
- 9 years 10 months ago
- Trade Finance
According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by...
NSD Pilots E-proxy Voting System Running on a Blockchain Technology
- 9 years 10 months ago
- Blockchain, Infrastructure
National Settlement Depository, Russia’s central securities depository, has successfully finished developing and testing an e-proxy voting system running on a distributed ledger (blockchain technology). The prototype is based on the NXT distributed cryptographic platform, and uses ISO 20022 international standard for messaging. NSD has been working on the project together with DSX Technologies. The project's open-source code is available on...
InvestCloud enhances digital client experience for Portolani
- 9 years 10 months ago
- Cloud, CRM
Portolani, an independent family office based in Belgium, has selected the InvestCloud digital document portal to enhance client communication capabilities and improve their overall digital client experience. The launch of the portal is also a growth celebration of Portolani’s 10-year anniversary and a major enhancement to the overall Portolani platform.
Azul Systems and Pontus Networks Release Zing Based Edition of PontusVision Thread Manager
- 9 years 10 months ago
- IT Innovations, Infrastructure
Azul Systems the award-winning leader in Java runtime solutions, and Pontus Networks, a specialist in improving the performance of software in financial institutions, have launched an Azul Zing®-based edition of PontusVision Thread Manager (PVTM), Pontus’s flagship product which reduces capital and operational IT infrastructure expenditures by improving the wa
