As you probably remember, Bitcoin was the big news headlines and the dinner table talk of a year ago. As crypto-currencies soared in value, it was rightly the dominant topic of conversation. Crypto-currencies had advanced in value quite dramatically through the second half of 2017. Bitcoin increased from $1,000 each, to almost $20,000.

This created huge paper profits for buyers who were excited by the continued rise in value. This buying frenzy heated up to a peak never seen in any investment or commodity.

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite 

In a boost to Thailand’s smart city and digital infrastructure sectors, the organisers of Secutech Thailand, Messe Frankfurt New Era Business Media Ltd, have announced that the 7th edition of the fair will be co-located with Digital Thailand Big Bang 2019. The two fairs will take place from 28 – 31 October 2019 at the Bangkok International Trade & Exhibition Centre, providing trade visitors with plenty of cross-sector sourcing opportunities.  

Settling LSTA distressed loan trades in the secondary market is complex and time-consuming. Unlike the par loan market, distressed features additional requirements for inventory management, due diligence and documentation. As a result, the average settlement time for distressed loans in 2018 was more than four times greater (T+67) than that of par/near par loans (T+16). 

With plans to release in Q2 2019, the QashBack platform is set

Objectway, the leading Fintech group in Italy and one of the premier European players in software and services for the wealth, investment and asset management industries, acquired Algorfin, the software and services division of Unione Fiduciaria S.p.A.

Algorfin is specialised in IT and administrative outsourcing services for Asset Management Companies, Custodian Banks and other financial operators, through the Archimede, Diogene and Archimede Governance software platforms.

Intesa Sanpaolo and FIPE (Federazione Italiana Pubblici Esercizi - Italian Federation of Public Establishments) have signed an agreement for the benefit of the Federation's member companies (more than 100,000) operating in the catering, entertainment and tourism sectors.

As part of the ongoing expansion of its banking and payments security and consultancy offering, Fime has confirmed the appointments of Arnaud Crouzet and Edouard Baroin.