FSS, one of India’s largest payments processor and a leading global provider of integrated payment products, and US-based Oracle Financial Services, will collaborate to enhance digital payments for banks. As part of this strategic relationship, FSS will provide specialized integration and hosting services for Oracle’s cutting-edge Oracle Banking and Payments solutions. FSS will also extend customized solutions to address the corporate and retail payment needs of the banking industry. FSS is a Platinum level member of Oracle Partner Network (OPN).
 

WorldStream, a fast-growing Infrastructure-as-a-Service (IaaS) hosting provider with a 10Tbps global network backbone and more than 15,000 dedicated servers under management for its global client base, announces the launch of its next-generation anti-DDoS platform, WorldStream DDoS Shield.

ACA Compliance Group (“ACA”) announced today that Carlo di Florio has joined ACA’s leadership team as Global Chief Services Officer (“CSO”).

Digital technology has changed financial services.  It has facilitated innovation, increased competition and made the mobile customer experience the key differentiator.

While this is good for customers, established institutions have realise that spending years and millions building an ecosystem expecting the technology, customer experience and product mix to last for the next decade, no longer works. 

Deutsche Bank Wealth Management is significantly accelerating its Environmental, Social and Governance (ESG) strategy as a new generation of wealthy clients increasingly ask their advisers to help them add purpose to investment performance.

The wealth management business of Deutsche Bank is adopting ESG ratings from MSCI, a leading provider of critical decision support tools and services for the global investment community, to give clients valuable standardised information on non-financial risks and opportunities when making investment decisions.

Wirecard, the global innovation leader for digital financial technology, has signed an MoU with UnionPay, the world’s largest card scheme, to form a global strategic partnership. The agreement will support UnionPay’s ongoing international expansion and Wirecard’s growth in China and with Chinese businesses.

Keesing Technologies, the global identity verification provider, is pleased to announce that its industry-leading Documentchecker database now contains reference data on more than 6,000 ID documents.

The BFSI sector seems to be raring to go on the AI and automation front, harnessing the maximum advantage of market opportunities. Indian banks such as State Bank of India (SBI) and Bank of Baroda are already betting big on AI. Speaking of the Indian NBFC sector that has been facing a rough stretch due to the recent liquidity crises, India’s shadow banks are seeing a sign of silver lining by revamping their lending processes through state-of-the-art technologies such as AI, Analytics, ML and Automation.

BidFX is proud to announce and welcome Wai Kin Chan as the Company’s new Head of Asia Pacific. Wai Kin will be responsible for sales team leadership, driving sales growth in the region as well as general management responsibilities across Asia Pacific.