Société Générale, one of the leading financial services groups in Europe, has deployed Finastra’s Fusion Risk Asset and Liability Management (ALM) and Fund Transfer Pricing (FTP) solutions. The move has enabled the bank to streamline multiple solutions across the group, simplifying its infrastructure so that it can comply more efficiently with regulations including the Interest Rate Risk in the Banking Book, and also reduce costs.
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OneMarketData, LLC, the creators of OneTick, the leading solution for event stream processing and Tick Data management, today announced that Miami International Holdings, Inc. (MIH) has chosen OneTick, OneMarketData’s proprietary high-performance tick capture and streaming analytics engine, for two additional exchanges: MIAX Emerald, LLC and the MIAX Equities Exchange. With this expansion, OneTick will be a key component of the surveillance and data analytics solution MIH uses for all of its exchanges.
Saxo Bank, the multi-asset trading and investment specialist, today announces the appointment of Lars Kufall Beck as Global Chief Financial Officer (CFO), effective no later than 1 May 2019.
He will report directly to Steen Blaafalk, Head of Group Finance & Risk (GFR) and Group CFRO. Kufall Beck will be part of the global management team in GFR and Saxo Group’s Senior Management Team (SMT).
Wednesday marks the 10th anniversary since the publication of Satoshi Nakamoto’s whitepaper on a ‘revolutionary peer-to-peer electronic cash system’. This was the first time the concept of Bitcoin and the underlying blockchain technology was put out into the public domain.
Starting out from a single cryptocurrency on one exchange, the crypto world now has more than 1,500 cryptocurrencies – Bitcoin, Bitcoin Cash, Ethereum, Litecoin to name just a few – being traded on over 190 exchanges around the world.
What can financial institutions around the world learn from Europe’s early attempts at digital banking freedom, and how can they accelerate the ROI? Marten Nelson, Co-founder, Token, points the way.
Brand new research from RBR reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share
Financial inclusion initiatives drive growth in card issuing
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced that it has signed a partnership agreement with Chinese carrier Xiamen Airlines, to provide the online payments infrastructure for the company. As one of Asia's fastest-growing airlines, Xiamen Airlines' customers come from many different markets, which has led to a complex payments infrastructure.
More than half of UK consumers (54 percent) would be ready to use biometric payment cards if they were available at their bank today, according to new research revealed by digital security leader Gemalto and conducted by GfK*. For 82 percent of them, it would even become their preferred payment card – generating a clear 'top of the wallet' effect. These innovative cards with integrated fingerprint readers let users authorise payments with a simple tou
ICS BANKS Notification System is created to provide the bank with a notification mechanism where certain messages or advertisements will be displayed for certain customers, once their accounts or customer number are keyed in the system, in order to be addressed in a proper way.
SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security.