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Singapore's DB Bank is teaming up with commodities trading house Trafigura to develop an open-sourced blockchain trade platform.
JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.
According to Bloomberg, the Wall Street giant has spent a year building an e-wallet that gives online marketplaces and gig economy players the ability to offer their millions of customers virtual bank accounts and related perks.
Southeast Asia's leading FinTech platform for digital businesses, Xfers, has launched its first blockchain-enabled initiative to further the goal of building an open financial ecosystem to enable financial inclusion in the region. With the launch of StraitsX, its pilot stablecoin initiative powered by Zilliqa, Xfers aims to create a frictionless and transparent payments ecosystem for Southeast Asia.
Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect-R™, a Vulnerability Management as a Service (VMaaS) platform. DrawbridgeConnect-R continuously analyzes a firm’s vulnerabilities - rather than providing a mere point in time vulnerability assessment – and helps firms identify, prioritize and remediate organizational cybersecurity weaknesses that leave data at risk.
Finance transformation with analytics
Finance transformation is all about improving the overall value that finance provides, but with finance teams under increasing pressure to do more with less, this is something that is becoming increasingly difficult.
It’s estimated that 81% of finance teams are currently undergoing finance transformation, yet research by Gartner reveals that seven out of 10 finance transformations fail.
Semafone®, the leading provider of data security and multi-channel compliance solutions for call and contact centres, today announced Intelligence+, a real-time data analytics offering, integrated into its award-winning and patented telephone payments solution – Cardprotect Voice+.
Managed Cloud and Security Enterprise Performance Partner, CSI Group, has today acquired Tectrade, a leading provider of data protection and risk management solutions. The acquisition will further strengthen CSI’s cloud services offering, enabling it to offer its clients advanced data protection capabilities, and allow the Group to expand into the USA.
Path Solutions, the global Islamic banking software company, today announced a new partnership with Nityo Infotech, the fastest growing next-generation global IT services company.
Wematch, the global multi-asset-class, web-based matching and negotiation platform, has appointed Jack Jeffery as Chairman of its Board.
With more than 35 years’ experience in financial markets, Jack was previously CEO at electronic fixed income platform MTS and also at EBS, the spot FX electronic broking platform. Jack served 11 years at Citigroup, where he was Global Head of FX options.
