David E. Rutter has gathered an expert team of financial market and technology professionals in a new company, LedgerEdge, to build an ecosystem for the exchange of data and assets in the corporate bond market.

Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, today announced a new partnership with WEX Inc., a leading financial technology service provider, to streamline payments to travel agency partners.

Today the British Business Bank has announced that it has accredited the Bank of India under the Coronavirus Business Interruption Loan Scheme (CBILS), and Silicon Valley Bank under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

New CBILS lender Bank of India will be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak.

Digital Reasoning, the global leader in artificial intelligence solutions that understand human communications and behaviours, and Google Cloud today announced a global strategic partnership to help banks and other financial institutions leverage the global scale, reliability, and performance of the cloud.

After the Jakarta edition of World AI Show, Trescon hosted the MENA edition of the global AI conference on Monday. The show saw a high-level participation from 400+ global technology leaders and AI experts who came together to discuss emerging trends, intractable challenges and the future potentials of artificial intelligence in a post COVID-19 era.

Amid worldwide lockdowns and unprecedented social distancing measures, it’s safe to say the first half of 2020 has unfolded in an unexpected way.

Today, Amazon Web Services (AWS), an Amazon.com company, announced that HSBC Holdings plc has selected AWS as a key, long-term strategic cloud provider to drive their digital transformation and deliver new and personalised banking services. As part of a multi-year, global agreement, HSBC will make AWS technology available across the bank’s lines of business, starting with customer-facing applications and application modernisation in its Global Wealth & Personal Banking business.

Ziglu, the new cryptocurrency challenger, has launched an insurance programme for customers holding cryptocurrencies, providing greater security and peace of mind.

Each Ziglu customer’s cryptocurrency holdings are insured against cyber-crime up to a value of £50,000 at all times and held in a segregated account. The vast majority of customer assets are stored in offline ("cold") wallets, meaning they are not accessible via the internet and therefore at lower risk of theft. 

Many businesses moving their finance functions to shared service centre environments say that automation is critical to success. So why is it that so many have yet to implement automation successfully?

Leading UK anti-money-laundering (AML) firm SmartSearch is today launching operations in the USA.

Expansion into the US market follows a period of sustained growth that has seen the firm frequently named among the UK’s fastest-growing companies, and a leader in the increasingly important ‘RegTech’ sector.