Increasing focus on vendor due diligence has put significant pressure on financial institutions and vendors alike. The challenge comes into focus when we think about the macro implications. There are an estimated 20,000 financial services institutions trying to qualify some 20,000 vendors using questionnaires that can have hundreds of questions.
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Sweden's central bank is set to sign a deal with Accenture to develop a digital currency, dubbed the e-krona, in a test environment.
Metro Bank has begun accepting registrations for its on-demand cash collection and delivery service for SMEs across the UK.
‘MCash’ will operate through the bank’s mobile app, where business customers can log on and select a pick-up/drop-off time from 24 hours to a week in advance.
Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services.
The Chinese companies aim to improve the quality of fintech products and services with smart technologies and product innovation, expanding on the collaboration that began in March 2005 after Alipay and ICBC partnered to provide digital payments.
Mambu, a cloud banking platform, today announced that it has been selected by ODX, a leading provider of small business digital lending solutions for financial institutions and a subsidiary of OnDeck (NYSE: ONDK), to provide servicing technology for ODX’s digital lending platform.
Ruby Gonzalez, the Head of Communications at NordVPN talked to PreciseSecurity.com about the cybersecurity market and how the industry is moving forward by creating and investing in new products and services. There are many challenges that the sector needs to face, including the fast learning rate of hackers.
She has also mentioned that one of the main reasons that push users to start using security solutions include regional tensions, among other things.
TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS), has today announced the Boston based Quantopian has selected TORA for its multi asset OEMS. Quantopian chose the TORA OEMS due to its industry leading functionality, interoperability with other systems and compliance coupled with a high standard of on the ground support and professional services resources.
Since its inception in 2017, SwissBorg has been on a mission to build a wealth management ecosystem that is accessible, fair and community-centric. Today is a huge testament to this mission, as SwissBorg announces the launch of its ‘Wealth App.’
Citi (NYSE: C) and PayPal (NASDAQ: PYPL) have expanded their partnership to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets. The extended partnership brings together Citi’s large global network and client base of multinational corporations, financial institutions, and public sector organizations and PayPal’s vast two-sided network of consumers and businesses, delivering more choice and flexibility to Citi and PayPal customers.
Stephen M Epstein, CMO, Kasisto Inc. at MoneyLIVE Summit 2019