MANSA, a global decentralized finance (DeFi) platform that provides liquidity to cross-border payment companies, today announced it has surpassed $3 million in transaction volume.
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MANSA Surpasses $3 Million In Transaction Volume One Month After Launch, Providing Liquidity To Payment Companies
Monday, October 14, 2024 - 11:54
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/news/payments/mansa-surpasses-3-million-transaction-volume-one-month-after-launch-providing
Financial IT
Standard Chartered Has Introduced Straight2Bank Autoquote
Standard Chartered has announced the introduction of Autoquote, a new digital request for quote (RFQ) module available on its Straight2Bank Next Gen, the bank’s digital banking platform. The new digital capability offers its clients globally the ability to request pricing quotations for their letters of credit (LCs) confirmation and discounting/negotiation and receive a digital response on demand, from anywhere and at any time.
Monday, October 14, 2024 - 11:49
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/news/banking/standard-chartered-has-introduced-straight2bank-autoquote
Financial IT
COVU Secures An Additional $12.5 Million In Series A Funding
COVU, Inc., a leader in AI-native services for insurance agencies, today announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from prominent investors including
Monday, October 14, 2024 - 11:38
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/news/fundraising-news/covu-secures-additional-125-million-series-funding
Financial IT
Lloyds And Mercore Complete Landmark Digital Trade Transactions Under ITFA’s DNI Initiative
Lloyds and Mercore Capital have completed a series of landmark transactions under the International Trade and Forfaiting Association’s (ITFA) Digital Negotiable Instrument (DNI) Initiative, highlighting the ease and advantages of digital trade based on shared principles and advanced technology.
The Documentary Collection transactions involved the shipment of sugar from Mercore’s client, an exporter based in the Americas, to Lloyds’ client in the UK.
Monday, October 14, 2024 - 10:47
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/news/trading-systems/lloyds-and-mercore-complete-landmark-digital-trade-transactions-under-itfas-dni
Financial IT
Case Study: TruStone Financial
Customer
In 2022 TruStone Financial was the fastest growing credit union in America. A 2021 merger with Firefly Credit Union made them the 2nd largest in the state and 72nd largest in the country, with assets of over $4 billion.
Challenge
Relying on a homegrown database monitoring solution was creating downtime, directly affecting members. With an upcoming merger set to increase the size of both their team and database estate, something needed to change.
Monday, October 14, 2024 - 10:26
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/publications/case-studies/case-study-trustone-financial
Financial IT
Cross-Border B2B Payments: Challenges & Future Trends | Sarah-Jayne Martin, Quadient
Monday, October 14, 2024 - 09:57
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/content/cross-border-b2b-payments-challenges-future-trends-sarah-jayne-martin-quadient
Financial IT
RegTech Innovator GSS Teams Up With Swift To Drive Frictionless Cross-Border Payments
Global Screening Services (GSS), a leading RegTech pioneer, today announced an extended partnership with Swift that will enable financial institutions around the world to access its unique end to-end sanctions screening platform over the same infrastructure that they already trust to move money between more than 200 countries and four billion accounts globally.
Monday, October 14, 2024 - 09:48
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/news/payments/regtech-innovator-gss-teams-swift-drive-frictionless-cross-border-payments
Financial IT
Cryptomathic Unveils Obsidian: The Next-Generation Payment Platform For The Cloud Era
Cryptomathic, a pioneer in secure digital transactions, today announced the launch of Obsidian, a cutting-edge payment platform designed to meet the evolving needs of the payment industry. The platform offers a robust, cloud-based solution tailored for payment card issuers, wallet providers, and fintech innovators.
Monday, October 14, 2024 - 09:36
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/news/payments/cryptomathic-unveils-obsidian-next-generation-payment-platform-cloud-era
Financial IT
Link FX And Time Machine Capital Squared (TMC2) Forge Strategic Partnership To Develop AI-Led Banking Platform
Link FX, following its recent investments and acquisitions, announces the creation of a cutting-edge AI-driven platform that will transform the UK’s money services industry in a newly formed partnership with Time Machine Capital Squared (TMC2), an award-winning London-based AI lab specialising in cash management, payments, and foreign exchange services.
Monday, October 14, 2024 - 09:31
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/news/artificial-intelligence/link-fx-and-time-machine-capital-squared-tmc2-forge-strategic
Financial IT
One Of The Country’s Leading Credit Card Providers Capital One UK Joins Compare The Market’s Money Platform
Compare the Market has today announced one of the top credit card providers in the country, Capital One UK, as the latest to be integrated into its fast-growing money comparison service.
Monday, October 14, 2024 - 09:23
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/news/lending/one-countrys-leading-credit-card-providers-capital-one-uk-joins-compare-markets-money
Financial IT
