SWIFT has signed a memorandum of understanding (MOU) with China International Payment Service Corp., (CIPS Co.).

The MOU sets out plans for a strategic collaboration to develop China’s Cross-border Interbank Payment System (CIPS) using SWIFT as the secure, efficient and reliable channel to connect CIPS with SWIFT’s global user community. SWIFT Chief Executive of Asia Pacific and EMEA, Alain Raes and CIPS Executive Director, Li Wei signed the MOU in Beijing on 25^th March 2016.

Xerox today announced a global reseller agreement with Tradeshift to help customers improve their financial performance by giving them real-time visibility into their procurement and accounts payable processes.    

As consumer awareness of mobile wallets has risen dramatically, financial institutions have a perfect opportunity to stake a claim in this market. As the barriers to wallet adoption drop, and issues with merchant adoption and consumer hesitation lessen, FI-branded wallets stand ready to reap the benefits. Today, JAVELIN released,What’s in your Mobile Wallet?, and introduced JAVELIN’s S.C.O.R.E. wallet analysis model for assessing and comparing competing wallet providers.

FIS has been honoured with multiple recognitions at the prestigious BPO Excellence Awards at the Asia Outsourcing Congress. This year, FIS took home more recognitions than any other company, including top billing for Use of Technology for Operations Excellence Award, Award for Excellence in Value Creation, Award for Excellence in Customer Service in the Outsourcing Industry, and Award for Excellence in Improvement & Innovation.

Additional BPO Excellence Awards honours include:

Intralinks acquires Verilume, a Boston-based cloud infrastructure company. The acquisition builds on Intralinks’ strategy to provide its clients with business solutions for high-value content collaboration across boundaries, while also meeting stringent global data governance and security requirements. Verilume reduces the complexity of deploying and managing distributed cloud environments to deliver in-country or regional data locality and processing. As part of the acquisition, Verilume employees have joined Intralinks’ products and development teams.

NICE Actimize is launching a no-cost, technology-focused Webinar Series beginning April 20, 2016. As a continuation of its “Compliance of...” and “Emerging Threats” webinar series which recently concluded, this new three-part series titled “The Changing Face of Anti-Money Laundering Technology” will focus on how Big Data, analytics and business intelligence technologies are working to change the face of anti-money laundering efforts by exploring the new methodologies used to address critical issues and complex problems within the financial services sector.

BNP Paribas selected eight fintech startups to take part in a four month accelerator programme that will see each firm work on developing products and services for specific areas of the bank's business.