A big barrier for businesses selling through European marketplaces is the uncertainty of FX rates and the fees charged for transactions, as well as the implications of PSD2 regulations. Tackling this challenge, freemarket, the disruptive FX and payments platform for SMEs, has launched a new e-commerce Marketplaces solution. 

B-Hive, the collaborative innovation fintech platform that brings together banks, insurers and market infrastructure players to work on common innovation challenges and build bridges to the start-up and scale-up community, today announces the launch of B-Lens 2018, in cooperation with Roland Berger, a global strategy consulting firm and associate partner of the B-Hive community.

Following the signing of a global partnership agreement at the end of 2017, Wealth management fintech firm JHC Systems (JHC), is pleased to announce that its digital dashboard for instant 360°portfolio monitoring, risk analysis and ongoing compliance checking, JHC Neon (Neon) is now available in the Eikon App Studio. 

Amer Attar, JHC’s Head of Alliances, says that Neon’s fit with Eikon is “about as perfect as could be”. 

A few years ago, insurers were busy trying to figure out what IoT was and what it could do. But spotlighting the technology, all too often led to products and services with little customer appeal.

The lesson was clear – put customers front and centre and develop services that build an exceptional experience around a device. To put it simply, the value is not in the technology itself, but in the service proposition that the technology enables.

Temenos (SIX: TEMN), the banking software company, today announced that it has won "Best Islamic Banking & Finance Software Solution" in WorldFinance magazine’s annual Islamic Finance Awards. Temenos' IslamicSuite was first nominated by World Finance magazine readers and users of their website before being strictly evaluated by a judging panel along with other competitors. Criteria in this judging included Shari’ah compliance, the solutions forward-looking approach, innovation, product and service delivery, growth, market presence and governance.

CloudTrade, the leading provider of cloud based e-invoicing and e-order services, has today been named by BT as the preferred supplier to provide electronic invoicing (e-invoicing) services to Account NI, the finance shared service for the Northern Ireland Government Departments.  The service is provided in partnership with BT.

INDATA®, a leading industry provider of software, technology and services for buy-side firms, today announced that Denali Advisors, LLC., an independent investment management firm based in San Diego, CA with more than $1 Billion in AUM, has successfully implemented INDATA’s iPM Epic OMS delivered via iPM Cloud.

Nabil Bank, one of the leading banks in Nepal and the first private sector bank in the country, has migrated its card processing business to the Compass Plus Processing Centre. The bank was established with the aim of extending international standard, modern banking services to Nepal and has migrated to Compass Plus to ensure it continues to meet and exceed these objectives.

Banks are investing heavily in disruptive technologies to boost operational efficiencies including within the post-trade settlement process. The technology financial executives are turning to is called artificial intelligence.

Artificial Intelligence is a group of technologies that are designed to emulate human cognitive functions and traits. AI can perform language processing, understand complex data sets, and draw conclusions from that analysis.

Today, the demand for evolution in financial services continues to reach new highs. This demand stems not just from today’s digital consumer with an insatiable appetite for a more robust and agile customer experience from digital banking services; but, also from the needs of the business community. Stringent financial regulations, fierce market competition from new Fintechs, and the need to infuse new technology into business practices and services are transforming the financial services sector in ways never seen before.