TORA, the provider of industry-leading trading technology, has today announced that it has integrated its order & execution management system (OEMS) with leading provider of financial market services, TP ICAP and their Fusion RFQ engine. The new integration enables TORA’s Equity & ETF clients to access greater liquidity through Fusion RFQ’s global pool of over 14,500 instruments and 30+ Liquidity providers.

Leading global fintech Gresham Technologies Plc (Gresham) has announced that consultancy firm Data-Xchange Technologies (Pty) Ltd (Data-Xchange) will become a full distribution partner for Gresham in Sub-Saharan Africa (SSA), as the region looks to move away from legacy technology systems towards sustainable automation in this digital era.

AccessFintech, a leading fintech company evolving the financial operating model through data and workflow collaboration, announces the appointment of Boaz Zilberman as Executive Vice President for Business Development.

Genesis, the Low-Code Application Platform (LCAP) and Symphony Communication Services, LLC (hereafter Symphony) are pleased to announce their strategic partnership to provide the financial markets community with interoperable technology and applications, built and deployed both securely and at speed.

Now, card issuers who use the Way4 payments platform can build their own alternative to Google Pay or Samsung Pay by embedding NFC payments to their own mobile banking or wallet apps on Android phones. This was made possible after Way4 Contactless Wallet SDK passed security certification by EMVCo and international payment schemes.

FintechOS, the global technology provider for banks, insurance and financial services companies, today launched Lighthouse, an end-to-end platform that accelerates digital transformation for banks and insurers. Lighthouse includes a range of product and UX enhancements that allows institutions to bring innovation to market faster by removing overdependence on technical teams.

The new Investment Firms Regulation (IFR) aims to harmonize rules for investment firms across the European Union by: creating a more relevant framework, providing an even playing field, and establishing rules that are more proportionate. But the complex IFR requirements, including K-factor calculations, will require firms to have processes in place for monitoring, tracing, and auditing as they navigate IFR.

ClearBank, the cloud-based clearing bank, today announced it has been selected by leading cryptocurrency exchange and custodian Gemini as its UK banking services provider. Through a single API integration, ClearBank will provide Gemini with secure infrastructure including dedicated account numbers and sort codes, as well as direct access to payment rails, such as Faster Payments and CHAPS.

Atom, the UK’s first app-based bank has joined forces with Codat to simplify their business lending process.

The partnership will see Codat provide their universal API, for small business financial data, which will enable Atom to directly integrate with business customer’s accounting platforms, removing the need for manual submissions. This will result in a streamlined onboarding process and enable Atom to make faster and better-informed funding decisions. 

The cashless debate is one that continues to spark both conversation and controversy. The pandemic, which has seen many merchants discourage the use of cash to limit the spread of the virus, has accelerated these discussions. M-Pesa, a Kenyan mobile money transfer service, for example, waved its fees to support the move away from cash during the pandemic.