Citi’s Treasury and Trade Solutions (TTS) has expanded the reach of the CitiDirect BE® Digital Onboarding platform, making it available in 37 countries and five languages. Additionally, usage across all client-facing digital channels has dramatically grown over the first quarter of 2020, as clients switch to continuity-of-business (COB) modes, with remote work during the pandemic. 
 

Nearly 80% of CEOs and their direct reports say that less than half of all innovation projects at their organization succeed, according to a survey released today from Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, and G100 Network. The survey of CEOs and their direct reports from Fortune 1000 companies across a diverse range of industries uncovers how executives discover and implement emerging technologies.

Pico, the leading provider of technology services for the financial markets community, today has announced that Frank Troise will join Pico as Co-Chief Executive Officer alongside Chairman and Founder, Jarrod Yuster. The firm has had exceptional growth since inception over the past decade and Troise will partner with Yuster to build on Pico’s strong foundation and accelerate further expansion.

Appian today announced the results of its “Business Automation Technologies and the Customer Experience” survey. The objective of the survey, conducted by IDG, was to understand employee attitudes at large organisations across the United States and Europe with respect to business automation technologies and the “humanisation” of business-to-customer relationships. In the midst of COVID-19 pandemic, this question takes on even greater urgency for businesses.

The Nordics have the potential to become the most successful open banking market in Europe thanks to the region’s highly digital society and quick adoption of new technologies, according to a report launched today by open banking platform Nordic API Gateway. But how is the Nordic region driving new opportunities across industries and leading the changes with open banking? How have businesses leveraged open banking to create value and meaningful products? And are there any further learnings here for other European regions?

Last September, the European Union’s regulatory requirement for banks to open up their payment accounts via application programming interfaces (APIs) came into effect. Since then, open banking has taken centre stage within European retail banking and payments. In this blog, Elina Mattila, Executive Director at Mobey Forum, shares insight into how emerging consumer attitudes may impact open banking services in the coming months.

 Shield is proud to announce the launch of its new Advanced Workflow function as part of the Shield eComms Surveillance platform.

Today the British Business Bank has announced that it has approved two new lenders for accreditation under the Bounce Bank Loan Scheme. The scheme is intended to target small and micro businesses in all sectors^[1], with loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k.

TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (“Tinkoff”, “We”, the "Group", the “Company”), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces its interim condensed consolidated IFRS results for the three months ended 31 March 2020.

Oliver Hughes, CEO of Tinkoff Group, commented:

Bitfinex, a state-of-the-art digital asset exchange, and Koine, a London-based digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies.