SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the financial sector in China, including banks, asset managers and third party administrators.

SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers.

More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many arrive in just a few seconds. A significant part of the remaining messages are delayed due to errors in the payment data such as incorrect or missing beneficiary information, and insufficient regulatory data.

ZagTrader, a Dubai-based technology company specializing in Banking and Capital Markets Solutions, formally announces the availability of TickerChart to its existing suite of front ends. The Partnership between ZagTrader and TickerChart will provide the existing client base of ZagTrader the capability of using the advanced Front Ends of TickerChart. TickerChart products are rich in advanced features that serve active traders, such as: Chart Patterns Recognition, Real-time data filters, backtesting and advanced server side alerts.

Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.

Leading analytics firm FICO today announced the latest version of FICO® Analytics Workbench™, a cloud-based advanced analytics development environment that empowers business users and data scientists with sophisticated, yet easy-to-use, data exploration, visual data wrangling, decision strategy design and machine learning. 

As new data privacy regulations shine a spotlight on AI and machine learning, the FICO Analytics Workbench xAI Toolkit helps data scientists better understand the machine learning models behind AI-derived decisions.

BMW Financial Services (GB) Ltd today announces a partnership with Wrisk that will see the insurtech startup become the sole supplier of BMW and MINI Car Insurance. The partnership follows Wrisk’s time in the first BMW Innovation Lab in 2017, which saw the team win on the final pitch day after developing the platform now being used by BMW.

Looker, a leading data platform company, today announced that Adyen, the payments platform of choice for many of the world’s leading companies, has implemented Looker to transform its culture around data and support its rapid growth. Adyen, whichprovides the payments platform for high-growth businesses such as Uber, Facebook and Spotify was looking to transform its data processes, increase staff independence and efficiency, and develop critical business insights from its data – underpinning its sustained growth.

The hosting of the Blockchain Solution Asia 2018 Conference and Exhibition from 27 September to 29 September 2018 at Kuala Lumpur Convention Centre will provide the best answers for industry stakeholders to better understand the impact of Blockchain Revolution and its technological advances on specific sectors including the energy sector, banking & insurance, construction & transportation, manufacturing, healthcare and fundraising.

Global brand and marketing consultancy Prophet announced the results of the fourth Prophet Brand Relevance Index® (BRI), a ranking of the most relevant brands in consumers' lives today. PayPal #25, Nationwide #38 and Visa #43 represented financial services in this year’s top 50 list. This was the first time that three financial services companies appeared in the top 50 since 2016. It was also Nationwide’s first appearance in the top 50 while PayPal fell one place from #24 in 2017 while Visa rose a place from #44 last year.