Confused about programmable money? Marten Nelson, co-founder and VP of Marketing at Token sets the record straight.

MTFX Group of Companies is a leader in corporate foreign exchange and global payments unveiled the launch of its educational institution payment platform Paymytuition.  The Paymytuition payment platform has been running in test phase over the last several months and is now available to educational institutions across North America.

As the initial hype around bitcoin begins to fade, it appears to be the turn of this digital currency’s underlying technology, blockchain, to garner more column inches and broader industry attention.

As a protocol for developing an historical record of the value transaction passed between multiple parties, this distributed ledger technology has until now been relatively under the radar despite the criticality of its function.      

Today Profile Software, an international financial solutions vendor, revealed that Abu Dhabi National Insurance Company (ADNIC) in the UAE, one of the leading regional multi-line insurance providers for corporates and individuals, is using the IMSplus Insurance Investment Management solution to achieve operational efficiency of its investment management operations.  

Today Coupa Software, a leading provider of cloud-based spend management solutions, announced that major international oil and gas company, KMG Rompetrol, has selected Coupa to automate its procurement processes and increase efficiency across its operations.

Synechron Inc., a world's leading financial services consulting and technology services provider, has today announced the launch of “Neo,” a set of Artificial Intelligence (AI)-based solutions for the financial services industry. Neo uniquely brings together Synechron’s digital, business and technology consulting to allow financial institutions to deploy cutting-edge, AI solutions that solve complex business challenges. 

With the EU’s Second Payment Services Directive (PSD2) and  open architecture framework set to come into force next year, regulation may well tip the scales between banks and fintechs for customer loyalty.  Concessions must be made on both sides along the way, but in the end the collaborators will be the ones to survive – that’s according to an in-depth study released today by Temenos, the software specialist for banking and finance.

Alibaba Group announced today the establishment of an e-hub under the Electronic World Trade Platform (eWTP) initiative together with the Malaysia Digital Economy Corporation (MDEC), the country’s digital economy development agency, and other parties. This marks a key milestone in the realization of the eWTP’s vision to lower trade barriers and provide more equitable access to global markets for small and medium enterprises and young people around the world.