As part of its initiative to modernize Canada's core national clearing and settlement framework and infrastructure, the CPA is creating a shared vision for the future of payments in Canada based on research, a global perspective, and industry views.

 The International Swaps and Derivatives Association, Inc. (ISDA) has launched a new industry data project, aimed at developing an open-source standard derivatives product identification system that can be applied consistently and comprehensively across all derivatives facilities, including trading venues, clearing houses, repositories and other infrastructures.

Azimo, the digital money transfer service, today announced the launch of its mobile airtime service. Through a strategic partnership with TransferTo, a leading provider of international airtime remittance, the new service will enable Azimo’s customers to instantly send airtime to pre-paid mobile phones in over 100 countries: an addressable market of over 4.5 billion people.

The two-day Middle East Banking Innovation Summit featuring 20+ presentations, over 30 speakers and more than 450 attendees came to a successful closure on Tuesday. The 5th edition of this summit reiterated its position as the leading platform in the Middle East region for the bankers to engage in idea sharing on trends and technological innovations driving the industry. The summit commenced with premium sponsors Visa, Schneider Electric and IBM welcoming attendees to see the latest developments, develop new business opportunities and discuss pressing industry issues and challenges.

 Tipalti (http://www.tipalti.com), provider of the leading global payments management platform, has fully integrated the first-ever intelligent Form W-8 collection solution into its platform.  The solution helps U.S. companies automate the accounts payable (AP) process by both paying suppliers who are nonresidents, foreign alien or entities while ensuring W-8 tax form compliance.

Official statistics for June 2015 released by the BBA reveal a continued demand for personal loans over the past two years.[1] On the surface, the news that UK consumers are borrowing again suggests increased confidence in the economy. At the same time, average household debt remains high at £55,083

 Sysomos, the social intelligence company powered by data science, has acquired gaz

The World Islamic Banking Conference (WIBC), considered by many as the Islamic financial services industry’s compass for over two decades, continues to live up to its reputation after officially announcing today that its 22nd annual edition will provide industry leaders with a unique opportunity to critically assess Islamic finance’s 40-year history.

Today, NOREXECO ASA is set to start exchange services for the pulp and paper industry, becoming the world´s only derivatives exchange for this sector.