One of the largest banks in Russia, Ural Bank for Reconstruction and Development (UBRD), has become the latest financial institution to offer customers real-time P2P payments after joining the Russian Faster Payments System (FPS). UBRD customers can now instantly transfer money using just a mobile phone number to customers of other member banks.
 

GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions announced today that HESTA is live with the GoldenSource Nexus investment data management platform to support strategic investment decisions and the selective insourcing of funds management.

BPC, the leading provider of digital payment solutions, shares pilot phase results from its new digital platform Safal Fasal, an SME Marketplace for small and marginal farmers in India. Through access to Farmers Producers Organisations (FPO), Safal Fasal has helped 75,000 Indian farmers access instant payment for the first time and increase their income.

FinecoBank today announces the launch of zero-commission trading, with no added spreads, on thousands of equity CFDs.

With the new business model, the European-headquartered bank is offering commission-free trading at a premium level in the UK market, reaching beyond existing platforms to cater for professional and serious traders. The offering will provide customers trading at the same price as the stock exchange, with no spread, commission or hidden costs.

Fiskl, a UK-based software as a service company, joined hands with Salt Edge, a leader in offering open banking solutions, to deliver a seamless financial control experience to millions of small businesses globally.

LHV, the financial and payment services provider, is pleased to announce an extended partnership (the ‘Partnership’) with Form3, the leading provider of real-time, cloud native payment technology. The Partnership delivers a single API-based payments platform, which gives fintechs and financial institutions 24 x7 access to instant payments in both GBP and Euro via the UK Faster Payments and the SEPA Instant Schemes.  
 

Digital business banking for everyone - as of today, Penta also offers its product and services to solo self-employed people. The digital platform for business banking is thus expanding its target group and taking a broader positioning in the market .

Quppy, a three-year-old European fintech project, has integrated instant mobile phone top-ups in over 140 countries. Recharging your mobile phone and those of your relatives and friends has never been that easy and fast. You simply have to fill in the number or chose it from your contact list and state the exact recharge amount.

The Global Legal Entity Identifier Foundation (GLEIF) and Evernym have piloted a solution which allows organizations to create and manage ‘organization wallets’, containing digital portable credentials that confirm an organization’s identity and verify the authority of employees and other representatives to act on behalf of the organization.

The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.