AccessFintech, which delivers collaboration, transparency, shared use cases and control to the financial industry, announces today that it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process.  AccessFintech has partnered with four leading investment banks in this effort.

Gary Pine, Chief Product & Marketing Officer, W2 Global Data at FinTech Connect 2019

In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face multiple obstacles to satisfying this demand. Chief among them is the overwhelming multitude of technologies available to reach that touchless claims goal.

77% of insurance carriers will invest in automation in the next few years to achieve seamless claims. The incredible potential to leverage technology stretches across the claims landscape, from chatbots to AI, FNOL to payment.

Customers using the NatWest app will now be able to easily see where their money is going with the new ‘spending’ tab which will show them how much they’re spending from their current account each month on bills, transport or entertainment, helping them stay in control of their money. If the app doesn’t get it right first time, they’ll be able to change categories easily.  

In what feels like an ever-changing regulatory landscape, IR35 is yet another add

The Bank of New York Mellon Corporation (“BNY Mellon”) and SimCorp today announced a collaboration that connects BNY Mellon’s range of custody capabilities—including settlement, safekeeping, and cash and securities services—with SimCorp’s integrated front-to-back investment management system, SimCorp Dimension®.

The new connectivity provides mutual clients globally with enhanced operational efficiency and transparency in core investment processes, more efficient enterprise risk management, and increased speed to market for on-boarding.

Starling Bank has announced a partnership with legal services provider Sparqa, the latest addition to their Marketplace.

The organizers of ProcureCon Indirect (31^st March – 1st April, 2020), Europe's leading event for CPO’s & Heads of Indirect, has announced their agenda and speakers for 2020. Download your free copy here: https://bit.ly/336OsiS

The 2020 agenda encapsulates the current issues and future challenges that are top of mind for Indirect Procurement professionals, including:

The National Bank of Kuwait’s (NBK) has signed a contract with Murex, an industry leader in trading, risk management and processing solutions for money, FX and capital markets, to implement a full replacement of its legacy IT systems at Group Treasury and Investments with the MX.3 platform.

Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its worldwide footprint for its global money transfers service.  Paysend will launch the service to Canadian consumers early in 2020.

Obtaining the money service business (MSB) license in Canada is Paysend’s first step in establishing its presence in North America.  The license allows Paysend to offer its signature Global Transfers service in Canada.