Wolters Kluwer’s Compliance Program Management (CPM) business has today launched COVID-19 Noteworthy Developments Bulletins, a free and publicly available resource that aggregates COVID-19 related global regulatory changes, orders, notices and other informational updates for the financial services industry.

QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, is now offering new adaptations of the QuantaVerse Alert Investigator for financial institutions that may face emergency shortages of financial crime investigators due to the COVID-19 outbreak.

Finch Capital's detailed analytical report titled ‘FinTech: The Future Post CV-19’ discusses the challenges and opportunities that the sector will face both during, and after, the crisis.

In December, we announced the launch of xpring.io, a developer site that includes a wallet, tools, services, and documentation that help developers enable payments in their products and apps. 

Xpring Wallet

Today, the Xpring Wallet now supports Interledger Protocol (ILP) STREAM, which further enables developers to insert streaming payments using Testnet (fake money) into their products and applications.

Diginex, a digital asset financial services and advisory company, has hired financial services stalwart Mr. Chi-Won Yoon as Chairman of Asia.

Mr. Yoon has more than three decades of experience in financial services, with a career that has spanned investment banking, wealth management and asset management.

Mr. Yoon’s most recent role prior to Diginex was Vice Chairman of UBS Wealth Management, responsible for developing and enhancing long-term strategic relationships. Mr. Yoon announced his retirement from UBS last year, after 22 years with the firm.  

Backbase, the leading omni-channel digital banking platform, announced today that it has topped Celent’s Retail Banking Customer Onboarding Platform vendor assessment, winning both Celent’s Xcelent Technology 2020 Award and Xcelent Functionality 2020 Award. The report provides a rigorous analysis of the customer onboarding vendor landscape, including a profile comparison of 17 solutions. Backbase’s richness and breadth of products and solutions, as well as underlying modern technology, edged out the competition and positioned it at the top. 

Signicat, the Trusted Digital Identity™ company, has acquired digital identity specialist Connectis, to create the strongest digital identity platform in the European market.

EOSE, provider of outsourced market data solutions, today announced that the firm has entered into an agreement with BMLL Technologies, the data engineering and analytics firm, to support the distribution of BMLL’s Derived Data offering to new customers and the industry at large. 

EOSE provides a flexible, modern approach to commoditising data assets. EOSE’s data product development and sales experts help firms reduce their time to market while allowing them to focus on their core business. 

Pico, the leading provider of technology services for the financial markets community, today announced further APAC expansion with the launch of a new managed co-location facility for Japan Exchange Group, Inc. (JPX).  Moreover, Pico also becomes a JPX distributor of TSE and OSE market data. 

An Interview with Maher Mikati, CEO of areeba

Financial IT: What is the background of areeba?

Maher Mikati (MM): We are a family business. We have always been involved with technology and telecommunications.

My uncle and father started a company called Investcom in the 1980s. It focused on telecommunications in Emerging Markets -  starting with Lebanon.