A group of 12 leading regional and digital financial institutions have joined together as investors and members in KY3P^®, a company dedicated to working with the financial industry to standardize best practices for managing third-party risk and optimizing the processes by which financial institutions assess and monitor inherent risk in engaging suppliers and entering into third-party relationships. 

New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line.

Faced with tighter margins and increased pressure to meet KPIs, businesses are turning to their accounts payable platforms to help them achieve their goals, with four in ten businesses (40 per cent) looking to upgrade their financial and accounting systems in the next 1-2 years. 

Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs.

Bolero International, the leading trade finance digitisation expert, has announced the appointment of Jacco De Jong as its new Head of Global Sales with immediate effect.

De Jong, formerly Bolero’s Head of Global Strategic Business Development, will report directly to CEO Andrew Raymond, assuming responsibility for the continued expansion of Bolero’s global network and the development of collaborative partnerships with new technology initiatives such as Blockchain. His new role also gives him overall responsibility for marketing.

VERMEG, the banking and insurance software solution leader, has appointed Philip Harrison as General Manager for the United Kingdom (UK).

Philip joins the VERMEG Executive Committee with over thirty years’ experience and takes responsibility for sales, pre-sales, professional services and client support across all industries and product lines throughout VERMEG UK.

New bank is going to focus on active internet population that not only shops, but also earns their income online: both companies and entrepreneurs. Looking forward it might also consider servicing individuals, but not from the beginning. Bank 131 strategy is to make a transparent and compliant way of making business and earning income online. Which is not always the case at this point. Up till now the online businesses and entrepreneurs face misunderstanding and caution from the traditional banking industry.

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company, announced that Standard Bank Group has selected AWS as its preferred cloud provider with the intention of migrating its production workloads, including its customer facing platforms and strategic core banking applications to the cloud.

Currencycloud has been recognized as one of the UK’s most successful digital companies as it joins Tech Nation’s Future Fifty 2019 cohort.

Future Fifty is a prestigious programme that enables the UK’s most successful late-stage tech companies to come together, build a powerful and supportive network, and problem-solve with peers. Previous alumni of Future Fifty have included household names such as Deliveroo, HailO and SkyScanner, as well as big hitters in the fintech and payments industry, such as Transferwise, Azimo and Paddle.

Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs.

To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud.