InstaReM, a fintech company that offers faster and cost-effective digital cross-border payment solutions for individuals and businesses across 55+ countries, has announced a partnership with First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions.

The blockchain startup Exscudo is planning to issue a debit card promising to deliver financial tools that no other banking product in Europe can match even remotely! By reengineering how modern payment systems work and minimizing the number of banks-intermediaries, Exscudo has achieved the ability to provide customers cashback of 0.1% for all payments within Europe and up to 0.2% on all payments outside of European countries.

FOREX Bank, the market-leading foreign exchange bureau in the Nordics, has chosen Tieto’s automated platform to replace its origination and credit scoring platform for unsecured credit. The end-to-end solution helps the bank improve its lending processes, reducing the usual lead time by more than 50 percent and with record lead times of just minutes. 

What is the solution?

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announced its partnership with Cassini Systems, the leading provider of pre and post trade margin analytics for buy side derivatives trading, to help financial institutions comply with BCBS-IOSCOmargin requirements for uncleared OTC derivatives.

APEXX, the first single marketplace for global payments, announces its award-winning solution is now available in Russia, with the ability to process payments through the national Mir payment system for the first time.

IMImobile today announced the availability of its enterprise cloud communications platform IMIconnect on Salesforce AppExchange. This can enable businesses utilising the Salesforce Platform to rapidly launch and orchestrate two-way, trigger-based customer communications, across 10+ communication channels including SMS, WhatsApp, Apple Business Chat, In App and Push, amongst others.

Customer service has recently taken a central focus for insurance carriers. The exploits of digitally-native InsurTechs such as Metromile and Lemonade have demonstrated the appeal that personalized, seamless product offerings can create. In a 2019 Insurance Nexus survey, a majority of respondents felt that the customer experience would see the greatest impact from the implementation of AI.