Just 9 months after its launch on the market, illimity’s digital direct bank has come out with an absolute first for the sector, illimity Hubs, an innovative collaboration model fully in line with both an open banking and open platform approach.

UniCredit has announced its collaboration with Taulia, a San-Francisco-based fintech that provides innovative, digital supply chain solutions for buyers and suppliers, including supply chain finance, cash forecasting, electronic invoicing, and dynamic discounting.

While Facebook announced peer-to-peer payments via WhatsApp some time ago, its launch comes at a convenient time, as billions worldwide are limiting physical contact and the handling of cash.

Caixa Geral de Depósitos, the largest commercial bank in Portugal, has chosen Finastra to power its end-to-end treasury and capital markets business. It has selected Fusion Kondor, Fusion Risk and Regulatory Reporting as a Service to support this front-to-back-to-risk transformation. The bank’s users will have access to automated and standardized interfaces which will improve day-to-day operations and will benefit from an enhanced user experience and better reporting functionalities.

Reuters Events will be hosting a free online webinar series focused on commodity trading and commodity value chains.

Commodity traders are under pressure to undergo massive transformation. Unprecedented volatility, changing consumer and governmental demands, digital transformation and an intense geopolitical landscape are impacting every commodity stakeholder.

The financial world is experiencing great uncertainty. Asset owners, by and large, are now facing extreme volatility. Private assets face even more insecurity as their pricing becomes more challenging in the context of an extended lockdown. 

On June 24, join industry experts Troy Paredes (former SEC commissioner) and Patrick O'Meara (CEO, Inveniam Capital) to unpack the future of private assets, data and pricing.

COVID-19 has undoubtedly provided the travel industry with its greatest challenge in modern times. Most businesses in the industry, particularly those based in Europe and America, are now well and truly in the eye of the storm, seeing the long-term impacts of lockdown and quarantine measures on operations. However, we are beginning to see some clouds breaking away – and optimism is still in tact. Against  this backdrop, there is a crucial role for technology providers in the payments sector in travel’s resurgence.

Finance has always been something of a traditional sector. Even as other industries have abandoned formal dress codes and introduced flexible working, many businesses in financial services have stuck to a 9–5 working day, usually centred around a traditional office space. But all of that changed earlier this year when the COVID-19 pandemic led to an unprecedented lockdown, spurring firms to adapt their operationsto facilitate remote working at very short notice.

ADYEN (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today the support of Amazon Pay as a payment method. Amazon Pay enables Adyen to provide its merchants’ shoppers with a familiar, fast, and secure way to pay online.

ComplyAdvantage, a global technology company transforming how institutions manage their financial crime risk and compliance, has today been named a Technology Pioneer by the World Economic Forum.

Founded in 2014, ComplyAdvantage has rapidly made its mark on the compliance industry globally in combating money laundering and terrorism financing. The company applies proprietary algorithms and ontology to data sets using data science and machine learning in the development of the first global, connected database to tackle financial crime.