In November 2021, the SWIFT migration starts with replacing SWIFT MT formats and introducing XML formats in the field of large-value payment transactions. As of November this year, banks already have to support certain processes for complaints of SEPA payments. valantic’s FinCASE is a proven solution for processing exceptions and investigations and the software already supports  ISO 20022-based complaints. Up to now, SEPA, SWIFT MT as well as other bank-specific message formats are used for electronic payment transactions.

Melbourne-based Ingenuous and Amsterdam-based Keesing Technologies have signed a strategic partnership deal on 12 July 2019.

Solactive is pleased to announce the expansion of its sovereign bonds product series. With the release of the company’s new Solactive Emerging Markets Bond Index Series, the company now effectively covers both Developed and Emerging Government bond markets, and adds to its offering a broad and customizable exposure to emerging markets, optionally bearing the possibility to include ESG and or strategy overlays. As an authorized index provider under the European Benchmark Regulation, Solactive is one of the sole index providers that are able to offer a comparable index to its clients.

Moody’s Corporation announced today that it has acquired RiskFirst, a leading FinTech company providing risk analytic solutions for the asset management and pension fund communities. The acquisition positions Moody’s Analytics to extend its range of market-leading risk solutions to the institutional buy-side.

DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced a new partnership with Vested Finance, a U.S. registered investment adviser (RIA) serving the retail investor market in India.  The DriveWealth platform is the engine for the new offering, which is launching broadly today, giving individual investors in India seamless digital access to the U.S. equity markets.

Wematch, the global multi-asset-class, web-based matching and negotiation platform, has added Euro Interest Rates Swaps (IRS) to its expanding scope of live products. Wematch IRS is a web-based, dealer-to-dealer platform, giving sell-side human traders greatly enhanced tools and workflow to match and negotiate trades.

It offers tools to support Euro IRS curves, butterflies, and basis structures, adding to its existing portfolio of instruments, with more to be added in the coming weeks.

Over the last decade, the payments industry has transformed significantly. The rapid shift to faster and more seamless payments has made it easier for both individuals and businesses to transact. Now, the advent of Request to Pay (R2P) provides payees and payors with more control over their payments. With R2P, the industry can add value to the end-to-end transaction flow and reap the benefits that come with the ability for everyone from individuals to large corporates to request payments at ease and with more transparency.

With disruptive fintech firms becoming a more pervasive fixture in the financial landscape, many traditional institutions are struggling to remain competitive. It’s here that digital solutions providers such as ICS Financial Systems (ICSFS) come in, helping banks to bolster their technological capabilities and maintain their market share.

 Mastercard and SumUp today announced a new partnership that will increase the number of electronic payment acceptance locations across 27 European countries.  Over the next five years, Mastercard and SumUp will bring card acceptance to several million micro, small and medium-sized companies (MSMEs) across Europe.