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Dovetail Finalizes Instant Payment Tests With Intesa Sanpaolo and EBA Clearing

Dovetail, the provider of best-in-class payments and liquidity management solutions, has today announced the successful completion of business level flow testing with the EBA Clearing pan-European instant payment infrastructure platform. 

Friday, April 21, 2017 - 07:53
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Financial IT
Consumer Lending Platform Nava Begins Tech Recruitment Drive

Nava, a next generation consumer lending platform, is continuing its rapid expansion by launching a new office in Milton Keynes. The company, with headquarters in central London, hopes to capitalise on the town’s burgeoning reputation as a leading technology centre in the UK. 

Friday, April 21, 2017 - 07:46
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Financial IT
Why Do Banking and Fintech Have a Future in Common?

Over the past 20 years, the biggest transformations in the payment industry have revolved around the physical characteristics of plastics and network security in terms of encryption methods, upgrades to acceptance network and terminals, and messaging. Banks have evolved their technological architecture, but further development is needed to operate more agile platforms.

Friday, April 21, 2017 - 07:39
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How Instant Cross-Border Payments Can Drive Financial Inclusion for the Greater Good

Around the world, there is perhaps no greater good FinTechs can offer the financial community other than access and inclusion in the banking and credit markets. According to the World Bank “broader access to, and participation in, the financial system can boost job creation, increase investments in education, and directly help poor people manage risk and absorb financial shocks.”

Friday, April 21, 2017 - 07:13
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PayCommerce
P2 Acquires Financial Crime Expert FS101

Today P2 Consulting, a programme and project management consultancy that supports blue chip companies undertaking major change initiatives, is pleased to announce the acquisition of financial crime specialist FS101, significantly bolstering its capability in the anti-money laundering and cybercrime market. 

Friday, April 21, 2017 - 05:30
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Financial IT
Hufsy Joins SolarisBank on SME Banking Platform

The Danish fintech startup Hufsy is ready to offer fellow startups a banking service beyond what they are used to. By working with the fully licensed solarisBank as their banking partner, the company will change the way SMEs experience banking and gradually welcome users during 2017. 

Friday, April 21, 2017 - 05:25
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Financial IT
Icon Connects Instant Payment Framework to The Clearing House

Today Icon Solutions, a leading provider of technology solutions and real-time payments consultancy has just reported the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), accelerating US banks’ access to real-time payments.

Friday, April 21, 2017 - 05:11
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Financial IT
Startupbootcamp Launches African Accelerator

Today Startupbootcamp unveils the launch of their new accelerator program opening in Cape Town. This global industry-focused accelerator group has 18 programs across 13 countries and has seen value in now setting up a footprint in Africa. Startups from around the world can apply now to be part of the intense 3-month support program to be run in Cape Town.

Friday, April 21, 2017 - 05:05
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Financial IT
NEX Group Receives CFTC Approval for Swap Execution Facility

Today NEX Group plc, a financial technology company at the centre of global markets, announces that it has received approval from the Commodity Futures Trading Commission (CFTC) for NEX SEF Limited (“NEX SEF”), a new Swap Execution Facility (“SEF”). 

NEX SEF will allow customers to trade Non-Deliverable Forwards (NDFs) on the EBS Market platform. The new SEF is expected to have on-boarded customers and be live for trading in the second quarter of financial year 2017/2018. NEX SEF will serve as a platform that can be used to launch additional products in the future.

Friday, April 21, 2017 - 04:59
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Financial IT
Central Bank of Lesotho Selects Intellect Design Arena

Today Intellect Design Arena Ltd, a digital technology product provider across Banking and Insurance, revealed the successful rollout of Intellect Quantum Central Banking Solution at the Central Bank of Lesotho. 

The key highlight was an accelerated implementation with zero errors during migration despite complex integration with multiple external interfaces.

Friday, April 21, 2017 - 04:53
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Financial IT

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