RS Software Ltd., the vertically integrated technology solution provider to the global digital payments industry, has been awarded a contract from the National Payments Corporation of India (NPCI) to build a Digital Payments Platform (DPP) to accommodate the continuing growth of e-commerce and digital payments in India.
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The unbanked are broadly defined as people who do not have a bank account. If you are unbanked, you have cash only but no bank account to store your money. Today, there are an estimated 2 million adults worldwide without a bank account, according to the World Bank. This, of course, impacts access to further financial services that we take for granted in the west – insurances, lending, mortgages etc.
Fidessa group plc (LSE: FDSA) today announced that its derivatives trading platform has scooped the Sell-side Trading System Of The Year award at the FOW International Awards for the third year running. This latest accolade marks the end of a very successful year for Fidessa, during which it also won in the same category at FOW's Asia Awards – again for the third year in succession.
Jeremy Taylor, Head of Business Consulting, and John Downing, Enterprise Business Architect, GFT Group
BondEdge Solutions, an Interactive Data company and a leading provider of portfolio management and risk analytics solutions, announced today that Interactive Data's Liquidity Indicators are available on its portfolio analytics platform. The liquidity data allow portfolio and risk managers to obtain greater insight into bond liquidity with the powerful BondEdge reporting and custom analytic features.
SWIFT announces that, Intesa Sanpaolo, one of the top banking groups in the euro zone, has signed up for 3SKey, a multi-bank and multi-channel solution for corporates to securely authenticate and approve operations using digital signatures and strong authentication. It provides a single token for Intesa Sanpaolo’s corporates clients to communicate with the bank across all channels.
Capgemini, one of the world's foremost providers of consulting, technology, and outsourcing services, announced it has formalized a strategic relationship with VocaLink and is adding VocaLink's PayPort Managed Payment Service to Capgemini's Connected Banking solution.
Orc, the global market leader in electronic trading technology for listed derivatives, was named “Prop Traders’ ISV of the Year” at the FOW International Awards, presented by FOW yesterday in London.
Swedbank, the largest retail bank in Sweden and one of Europe’s largest payment acquiring networks, has implemented Cryptomathic’s Key Management System (CKMS), to securely manage keys across its card payment acquirer network and its payment terminal management system.
CKMS provides Swedbank with a secure, fully compliant and scalable platform for the centralised and automated lifecycle management of keys across its own card issuing and authorisation systems, in addition to thousands of keys for more than fifty partner banks in their card payment acquirer network.
Seventy-six percent of respondents to a recent Reval survey of more than 150 financial professionals say they are not calculating their daily cash positions automatically, leaving real-time cash visibility an elusive goal.