Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces that a Myanmar-based broker has begun using Inferno, Torstone’s post-trade securities and derivatives processing system. Inferno will process the broker’s post-trade flow of its equities execution business. Inferno covers the whole trade life-cycle from trade capture through to settlement, accounting and reconciliation.

MoneyGram and Earthport announce the launch of a new service that allows MoneyGram customers around the globe to send money directly to any RON bank account in Romania.  

A new study from Centrify, the leader in securing enterprise identities against cyberthreats, reveals that 75 per cent of adults in the UK would stop doing business with, or would cancel a membership to, an organisation if it was hacked. This suggests, however, that a quarter would carry on using that company, despite the security risks to both personal and financial information.

myPINpad, a UK based technology company, which enables multi-channel and multi-factor authentication on unsecure devices such as mobile phones and tablets via the Cardholder PIN, today announced it has appointed Robert Courtneidge to its Board of Directors.

Robert brings over 25 years of experience in the cards and payments industries to myPINpad and has worked closely with the Payments Services Regulator, HM Treasury and the Financial Conduct Association and other compliance and industry bodies.

 Synechron, Inc., a global consulting and technology innovator in the financial services industry, today released the results of a survey conducted by the TABB Group for Synechron on the potential of blockchain and artificial intelligence (AI) in financial services. The survey was conducted with 92 banking and capital markets institutions, with executives that are directly involved with technology decisions at their firm. 

The major findings are as follows:

Blockchain

Gresham, a leading provider of real-time financial transaction control and enterprise data integrity solutions, today announces an upgrade to its Account Receivables Management (Clareti ARM) offering. The proven ‘white label’ technology, which enables banks to offer receivables management services to their corporate customers, can now receive and process remittance advices, whether in email, excel, word or pdf format.

It’s no secret consumers have a fairly poor perception of high street banks, with the financial crisis, numerous high profile outages and the PPI scandal doing little to ingratiate traditional banks to the national public. It’s therefore unsurprising so many competitors are emerging, disrupting a market which is traditionally quite stuck in its ways.

 EZ-Link Pte Ltd, Singapore’s largest issuer of CEPAS-compliant cards, welcomes the full launch of the new unified Point of Sale (POS) system in Premier Taxis that accepts ez-link and other contact and contactless modes of payment including MasterCard, American Express, Diners Club, JCB, Union Pay and NETS, and soon Visa cards.