The SWIFT Institute announces the availability of a new paper that proposes a hybrid model for real-time retail systems, combining the benefits of a real-time gross settlement system (RTGS) with those of a deferred net settlement (DNS) system. The report, entitled "Near Real-time Retail Payment and Settlement Mechanism Design" by Zhiling Guo, Robert J. Kauffman, Mei Lin, and Dan Ma from the School of Information Systems at Singapore Management University focuses on the development of a ‘hybrid priority queuing mechanism’ for faster payment settlement systems.
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InvestCloud, Inc, a provider of cloud-based front, middle and back office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced a partnership with Chicago Clearing Corp., (CCC), a class-action claims recovery specialist. The partnership will deliver a technology solution for financial institutions to manage, file, and recover funds in securities class-action settlements.
The number of cyber attacks in the business world is growing. Whether personal customer data, credit card details or sensitive data generated by the connected car – corporate data are always a lucrative target for potential cyber-criminals on the Internet. This is why IT security is top of the agenda at next year’s CeBIT.
Delta Capita, an international consultancy specialising in delivering business and technology solutions to financial services organisations, has announced the appointment of former Morgan Stanley Managing Director, Giles Kenwright, to head up its investment banking regulatory practice. Giles is based in Delta Capita’s London office.
Visa Europe Collab, the innovation arm of Visa Europe, is working with biometrics startup, Sthaler, and global payments company Worldpay to trial the use of Sthaler’s ‘Fingopay’ finger vein technology (FVT) in payments.
Saxo Markets, the Institutional Division of Saxo Bank Group, continues to enhance its institutional credentials by making its next generation multi-asset trading platform, SaxoTraderGO, available to its white label clients (WLCs).
Intelliflo has launched its enhanced digital personal financial management hub, the Personal Finance Portal (PFP) as an app through the Apple store and on Android.
All 13,300 users of Intelligent Office (iO), the UK’s leading business management software for financial advisers have access to the portal, which provides advisers, regardless of size, with a state-of-the-art, secure client communication system.
Startupbootcamp, the global family of industry-focused startup accelerators, announced the launch of a brand new Startupbootcamp FinTech program in New York. Following the success of programs in London and Singapore, the evolution of the FinTech program to the US ensures coverage of the three main FinTech hubs around the world.
CFH Systems has formed a joint venture with Capital Market Automation Provider Ltd to accelerate market penetration in China. The partnership offers institutional clients the benefits of the increasingly popular ClearVision technology combined with Capital Market Automation Provider’s strong local network infrastructure and specialization in MT4 hosted services, all supported by local market experts.
Recently, we launched ‘The Digital Agenda’ to help our clients transform their customers’ experience by delivering innovative digital solutions. By doing so, we believe banks can make it easier and more compelling for customers to adopt their products and services, and ultimately, will make more profit in the long run.