The Derivatives Service Bureau (DSB), the global golden source of reference data for Over the Counter (OTC) derivatives, today announces the launch of its Unique Product Identifier (UPI) Service User Acceptance Test (UAT) environment and associated Client Onboarding Support Platform (COSP).

Financial IT speaks with Kai Phillips, Head of PreSales EMEA at Facephi at FinovateEurope

CleverCards, the global payments platform provider, is pleased to announce the appointment of Gaurav Khurana as the company’s Senior Vice President of Marketing.

Clear Street Receives $270M Investment from Prysm Capital in Series B

Partnerships 

OKX Wallet Announces Blur Partnership, Revamps OKX Earn

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

In a statement released by HSBC on Tuesday, the bank’s US and America’s chief executive, Michael Roberts, stated: “As we look to grow our business, this offering allows us to connect the innovation ecosystem with the size, strength, and international network of HSBC.”

Smart Engines has launched an AI solution for reading credit card numbers recorded in any format. Banking customers simply point their smartphone camera at a printed or handwritten credit card number to make a transfer or pay for a purchase at a point of sale. The neural network recognises the number combination in real-time and automatically enters it into the payment form. The user only has to confirm the transaction.

Alveo announces the integration of Morningstar Sustainalytics’ ESG content into Alveo’s data management solution. The collaboration combines the two firms’ respective data and cloud data management capabilities to provide customers with integrated solutions that fast-forwards the integration of Sustainalytics’ rich content into clients’ workflows, integrates it into their business processes and helps business users self-serve.