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Additional Participants Join CLS’s DLT Bilateral Payment Netting Service
CLS’s DLT Bilateral Payment Netting Service

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform. 

 

Wednesday, February 12, 2020 - 09:27
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/news/data-management/additional-participants-join-clss-dlt-bilateral-payment-netting-service
Financial IT
Colt Technology Services Announces Expanded Cloud Offerings with Oracle FastConnect
Colt Technology Services

 Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions and a Gold level member of Oracle PartnerNetwork (OPN) today announced it will provide dedicated, private and on-demand access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect.

Wednesday, February 12, 2020 - 09:22
31924
/news/cloud/colt-technology-services-announces-expanded-cloud-offerings-oracle-fastconnect
Financial IT
Fraud Attempts and Threat Levels are Rising, Bottomline Survey Finds
Bottomline

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today announced the release of the 2020 Treasury Fraud and Controls Survey in partnership with Strategic Treasurer. According to the survey results, 60 percent of companies now report experiencing fraud with a 50 percent increase in fraud over the past three years.

 

Wednesday, February 12, 2020 - 09:19
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/news/security/fraud-attempts-and-threat-levels-are-rising-bottomline-survey-finds
Financial IT
Top Tech for Mobile Banking? GPS.

We've all been there – wherever there is. Those times we find ourselves away from home, on a business trip, or vacation, or just lost and too proud to ask for directions. We're somewhere we've never been before, looking for a street name or an address or a recognizable landmark to know where we are. If you've ever tried to navigate your way through an unfamiliar place, at some point, you've probably relied on a map app on your smartphone – such as Google Maps – to guide you to your destination.

Wednesday, February 12, 2020 - 09:12
31922
/blog/mobilebanking/top-tech-mobile-banking-gps
Financial IT
US Treasury's Strategy 2020 - A Risk-based Approach to AML

Last week, the US Department of Treasury published its 2020 Strategy document that "employs a whole-of-government approach to guide the public and private sectors in addressing 21st century illicit finance challenges."  The report highlights the risk-based approach as central to the 2020 Strategy. 

The report classifies vulnerabilities as 

Wednesday, February 12, 2020 - 08:43
31921
/blog/riskmanagement/us-treasurys-strategy-2020-risk-based-approach-aml
Financial IT
In-memory Computing Platform Hazelcast Raises $28.5m
Hazelcast

Hazelcast, the leading in-memory computing platform that delivers radically fast application performance at scale, today announced the expansion of its Series D round due to over-subscribed interest from global investment entities.

Wednesday, February 12, 2020 - 08:04
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/news/retail-banking/memory-computing-platform-hazelcast-raises-285m
Financial IT
N26 announces exit from UK banking market

With the UK having left the European Union, N26 has announced that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence.

Thomas Grosse, Chief Banking Officer at N26 said: “While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our customers in the UK and will have to leave the market.” Customers with accounts in other markets will not be affected.

Wednesday, February 12, 2020 - 08:03
31919
/news/banking/n26-announces-exit-uk-banking-market
Financial IT
HTB Chooses Ping Identity for Multi-factor Authentication
Hampshire Trust Bank (HTB)

Hampshire Trust Bank (HTB) today announces that it has partnered with Ping Identity to provide intelligent access for customers and brokers.

Wednesday, February 12, 2020 - 07:53
31918
/news/security/htb-chooses-ping-identity-multi-factor-authentication
Financial IT
Zedra Acquires Awans Corporate Services
Zedra

Fast growing and acquisitive ZEDRA has announced its latest acquisition, this time in Poland.

Wednesday, February 12, 2020 - 07:49
31917
/news/payments/zedra-acquires-awans-corporate-services
Financial IT
Tourmaline Partners Adds Two Senior Staff to Sydney Office
Tourmaline Partners

Tourmaline Partners, LLC, one of the world's leading outsourced trading solutions firms, today announced the hire of Joe Hodgkins as a senior trader. He will be based at the firm’s Asia-Pacific office in Sydney.

Wednesday, February 12, 2020 - 07:17
31916
/news/trading-systems/tourmaline-partners-adds-two-senior-staff-sydney-office
Financial IT

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