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PSD2: The real RTS deadline is closer than banks think

Let’s work backwards. Most banks know that the final deadline to comply with PSD2’s Regulatory Technical Standard (RTS) is 14th September 2019. Eleven months away. 

Following the amendments to the RTS, however (based on industry consultation and lobbying from third party providers), there is another deadline for banks to negotiate, which is much sooner and far less talked about: March 14th, 2019.

Monday, October 15, 2018 - 12:28
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ONPEX enables fast, transparent and cost-efficient payments with SWIFT gpi cross-border transaction standard

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with SWIFT to offer its clients instant access to SWIFT’s global payments innovation (gpi). The collaboration enables ONPEX clients to send and receive funds more quickly and securely to anyone, anywhere with end-to-end tracking.

Monday, October 15, 2018 - 12:20
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CQG Desktop Selected by Nasdaq Fixed Income as Official Front-End for U.S. Treasury Trading

CQG, a leading global provider of high-performance trading, market data, and technical analysis tools, announced today a new partnership with Nasdaq Fixed Income (NFI). Under the agreement, NFI will provide the web-based CQG Desktop platform to NFI customers as the official front-end for trading NFI’s U.S. Treasury Benchmark products.

Monday, October 15, 2018 - 12:15
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Atos launches inaugural AI lab in London with Google Cloud

Atos, a global leader in digital transformation, together with Google Cloud, today welcomed Minister for Digital and the Creative Industries, Rt Hon Margot James MP to launch Atos' first artificial intelligence (AI) lab under the Atos and Google Cloud’s global partnership.

Monday, October 15, 2018 - 12:13
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GLOBAL TECH ICON STEVE WOZNIAK BECOMES THE CO-FOUNDER OF EQUI GLOBAL

Apple Computer co-founder Steve Wozniak today announced that he has become the co-founder of EQUI Global, the venture capital tech innovator.

Steve Wozniak has joined forces with EQUI founder Doug Barrowman and EQUI co-founder Baroness Michelle Mone OBE.

Monday, October 15, 2018 - 12:09
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Global Supply Chain Finance Forum appoints Deutsche Bank's Christian Hausherr as Chair

The Global Supply Chain Finance Forum – an initiative comprising the ICC Banking Commission, BAFT, EBA, FCI and ITFA – has appointed Christian Hausherr, European Product Head of Supply Chain Finance at Deutsche Bank, as its Chair. The Global Supply Chain Finance Forum was established in 2014 to develop, publish and champion a set of commonly agreed standard market definitions for Supply Chain Finance – releasing theStandard Definitions for Techniques of Supply Chain Finance in 2016.

Monday, October 15, 2018 - 12:05
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ismail.d@conftechasia.com
Monday, October 15, 2018 - 10:00
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Financial IT speaks with Nicolas Riegert, Founder and Joint CEO, PayXpert
Monday, October 15, 2018 - 09:37
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Financial IT
Bank of Beirut Implements Wolters Kluwer’s IFRS 9 Solution

Bank of Beirut has implemented Wolters Kluwer’s OneSumX to provide its software for managing International Financial Reporting Standard (IFRS) 9. The accounting standard replaces the IAS 39 standard and came into effect at the start of the year. It addresses classification and measurement, impairment methodology and hedge accounting.

Monday, October 15, 2018 - 09:27
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Berlin based Fintech Penta raises €7 million Series-A

Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the company's last fundraise just eight months ago. This brings Penta’s total fundraising to €10M.

A transparent, community-driven approach and active commitment to world-leading customer service has helped Penta win favour of the German business community since launching back in December 2017.

Monday, October 15, 2018 - 09:13
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Financial IT

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