Thirty-two banks in Italy have gone live with one of the first real-world deployments of enterprise blockchain technology in interbank financial markets.

The Spunta Banca DLT app for interbank reconciliation has been built by the Italian Banking Association, ABI, on R3’s Corda Enterprise platform.

The traditional reconciliation process for interbank transactions in Italy—formerly governed by the spunta process is notoriously complex.

Masthaven Bank has today launched a new fees-free remortgage range on its first charge residential two-year and five-year fixed remortgage products. The specialist bank has released the limited-edition products in response to continued demand for remortgages, particularly for fees-free ranges, during the coronavirus outbreak.

Masthaven says the new products are designed to empower brokers to offer their customers greater flexibility around their remortgage options.

Rob Barnard, director of intermediaries at Masthaven said:

NCR (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Vermont-based Brattleboro Savings & Loan (BS&L) chose NCR to provide customers and businesses with a superior digital banking experience.

With the NCR DI platform, the bank will consolidate three vendors that previously supported digital banking into one, simplifying operations and increasing efficiency in the back office.

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the opening of its Application Programming Interfaces (API) architecture to customers in a sandbox testing environment, setting the new open banking standard in the digitization of trade finance processing and connectivity.

IRIS Software Group is today announcing the appointment of Chris Smith as its new chief sales officer.

Chris brings his 20 years of international commercial experience to drive the continued growth and development of IRIS. He joins with highly acclaimed credentials, including vice president and general manager EMEA, Harman International, a $8bn subsidiary of Samsung, and group international development director of DCC Exertis, a $7bn distributor and service provider. 

Refinitiv, one of the world’s largest providers of data, is announcing today it will offer hospital groups and governments free due diligence reports to help tackle problems with their supply chains resulting from Covid-19.

In the search for important PPE, the reports will help with sourcing and on-boarding new suppliers by assisting in un-earthing opportunistic fraud schemes targeting the healthcare industry, as they scramble to acquire medical supplies.

PAX Technology, the world’s leading electronic payment terminal solution provider, has received certification by the Royal National Institute of Blind People (RNIB), a United Kingdom charity, for accessibility and usability of new generation payment devices by blind and partially sighted people.

The RNIB assessment covers many of PAX’s modern payment terminals with touchscreens, including the world’s best-selling A920 Android SmartPOS and the E-series family of Android SmartECRs.

PAX Technology, the world’s leading electronic payment terminal solution provider, has received certification by the Royal National Institute of Blind People (RNIB), a United Kingdom charity, for accessibility and usability of new generation payment devices by blind and partially sighted people.

The RNIB assessment covers many of PAX’s modern payment terminals with touchscreens, including the world’s best-selling A920 Android SmartPOS and the E-series family of Android SmartECRs.

Rapid Addition balances the trade-offs between buy versus build with the launch of its next generation trading technology platform. RA Platform 3.0 takes performance, control and configurability to a new level and gives customers the flexibility to rapidly deploy and adapt electronic trading workflows.

Siam Commercial Bank (SCB) today unveils its global strategy for cross-border payments, and the launch of Outward Remittance Service via SCB EASY developed in partnership with Ripple, the enterprise blockchain solution for global payments. Following approval to exit the Bank of Thailand (BoT) regulatory sandbox, SCB is now launching a new Outward Remittance Service via SCB EASY to its retail customers across Thailand.