Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its customer, National Bank of Canada (NBC), migrated its on-premises development and testing installations of MX.3 to Amazon Web Services (AWS). 

In an industry pressured by costs, evolving business expectations, and the need for faster time-to-market, the shift to AWS enables NBC, Canada’s sixth-largest bank, to modernize and repurpose precious resources, aligning them to high-value projects.

Unfortunately, there's really only one item of news these days: COVID-19. We're all sitting at our screens trying to carry on as normal, but at the same time watching helplessly as this disaster unfolds around us.

Coconut is a London based Fintech start-up, providing the ultimate accounting and tax tool for self-employed people.

Coconut was co-founded by Sam O’Connor and Adam Goodall, who understand that working for yourself can become a minefield when it comes to sorting out your finances, whether you’re a sole trader, freelancer or a small limited company. Instead of working on growing your business, you can end up spending far too much time trying to ensure you’re being paid on time, tracking your expenses and calculating your tax return.

The increasing number of mobile phone users and the massive growth of eCommerce have led to the rapid adoption of digital payments all over the world. Cashless payments have become an appealing alternative to many European consumers, as well, causing a significant impact on the payments industry traditionally dominated by cash, credit cards, and debit cards.

Path Solutions announced today that it had signed up MyBank Ltd., its second banking client for iMAL in Somalia, and indicated a stronger focus on the Somali market for Sharia-compliant software solutions and services to tackle financial exclusion in the country.

Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, today announces the formation of a new Expert Group to address how banks and other financial institutions (FIs) can strike the balance between data privacy, security and innovation in the age of Artificial Intelligence (AI).

With more businesses now suffering increased financial strain, Aaron Hughes looks at some of the ways under-pressure directors might misuse their Invoice Finance facilities – and how lenders can stem any potential losses.

Fraud attempts against lenders have been around for as long as there have been lenders. Disappearing with a loan, or pledging assets that aren’t quite what they seem, have been risks to banks since lines of credit were invented.

In order to preserve the security of its employees and continue to provide high quality financial services to its customers, all of Ebury’s offices and operations have moved to remote working.

This way of working had already been tested successfully by the company in their Hong Kong, Singapore and Milan offices meaning Ebury is confident it will continue to offer its full service and suite of products to all clients all around the world.

It's not uncommon for cybercriminals to exploit surges in communications in order to lure consumers into unknowingly downloading malware or giving up sensitive, often financial, information. Last year hackers used heightened communications around new legislation like Strong Customer Authentication (SCA) and also annual events like Black Friday and Cyber Monday in order to obtain personal information which could then be used to commit fraud

As Europe moves into COVID-19 lockdown - affecting small businesses and retailers everywhere - SumUp, the London-headquartered fintech and leading provider of digital payments solutions, is announcing free Mobile Payments, as an alternative and innovative payment solution for its merchants.