Starting 30 March 2014, National Settlement Depository (NSD), Russia’s central securities depository, provides credit organizations with an opportunity to conduct settlements on transactions with securities on the basis of DVP model 1 using correspondent accounts opened with the Bank of Russia. The new service expands a range of settlements available for NSD’s clients and combines the advantages of reliable DVP settlements with flexible cash management.

According to research commissioned by Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, there has been substantial growth in mobile bill pay offerings and usage over the past year. Almost one in five visits to a biller's website come from a mobile device - a 55 percent increase over 2013. Of those visits, bill payment is the number one consumer activity. Despite the growing use of the mobile channel, only 16 percent of billers have implemented a mobile bill pay and presentment (MBPP) strategy.

When it comes to handling global payments in Chinese Renminbi (‘RMB’), Hong Kong still takes the lion’s share with over 70% of the market by value. However, over the last two years, an additional set of countries have given chase, gradually increasing their share to 25% in February 2015 compared to 17% in February 2013.
 

Morgan Advanced Materials, a world leader in advanced materials technology that operates in more than 50 countries, has signed with Tungsten Corporation plc (LSE:TUNG), the global electronic invoicing, analytics and invoice financing company, to bring greater efficiencies to its accounts payable (AP) processes.

Orc, a global leader in trading technology, today announced they have expanded coverage of the Canadian markets to include the Aequitas NEO Exchange, a newly launched Canadian stock market. Orc clients looking for new opportunities can leverage connectivity for order routing and market data to the Aequitas Lit Book and NEO BookTM.

 Basware, the global leader in purchase-to-pay (P2P) and e-invoicing solutions, has been positioned by Gartner, Inc. as a “Leader” in its 2015 Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement* report. This is the first year that such a Magic Quadrant has been created by Gartner.

Gresham Computing plc, a leading provider of transaction control solutions, today announced the launch of Clareti Transaction Control (CTC) Transaction Reporting. The solution allows financial institutions (FIs) to verify and validate that trades reported to trade repositories comply with the requirements of regulations for eligible trades under Dodd Frank, EMIR, REMIT, G20, MiFID and MiFIR.

The partnership will enable gaming operators that use Play‘n Go to support a broader range of payment methodologies and currencies, as well as offer a more customised gaming experience, in-app payments and so forth. 

International Card Services (ICS), the largest credit card issuing business in the Benelux region with 3.5m customers, has adopted a new commercial credit card app from its processing partner Tieto.

New data from FICO (NYSE:FICO), the predictive analytics and decision management software company, showed that late credit card payments have continued to decline in the UK, reaching the lowest point in more than two years. FICO's analysis of around 80 percent of all credit cards issued in the UK showed a continued decline in the percentage of accounts that are delinquent, matched by a decline in the balances that are delinquent.