Tinkoff Bank, one of the world’s largest digital banks, has become an early adopter of the Bank of Russia’s Faster Payments System (FPS) as it continues to build out its payment services ecosystem.

Customers can now make and accept instant payments to and from accounts at any FPS member bank using just a mobile phone number. All P2P payments from debit cards during the launch period will be free of charge.

RNN Group, a leading education and training provider based in South Yorkshire and North Nottinghamshire, incorporating Rotherham College, North Notts College and Dearne Valley College, has announced a partnership with MHR Analytics, the specialist provider of business intelligence and analytics solutions.

The partnership will support the organisation’s finance team to overhaul its financial planning processes and stay ahead of the increasingly pressured further education sector. 

MuleSoft, provider of the leading platform for building application networks, today announced the findings of the 2019 Connectivity Benchmark Report on the state of IT.

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), today announced a strategic partnership with BIDS Trading (BIDS), the largest block trading Alternative Trading System (ATS) by volume in the U.S. and the technology behind Cboe LIS in Europe. 

• New guide to ‘Ethics in Banking and Finance’ provides firms and senior leaders with a reference resource relating to workplace culture, conduct and ethics.

• Online resource helps navigate the interaction between various aspects of company law, corporate governance, financial regulation and market-based guidance and acts as a useful reference point for boards, non-executive directors (NEDs), and senior managers.

Norwegian software vendor Commercial Banking Applications (CBA), today announced that the latest release of its IBAS GTF – Global Trade Finance Factory – went live at all CBA’s user banks in November 2018, in full compliance with SWIFT Release 2018.  Release 10.23 of IBAS GTF incorporates all changes mandated by SWIFT to its Messages for the handling of Documentary Credits.  The new IBAS Release enables a high-level of automation, digitisation and robotisation of the processes from end-to end, across the trade finance ecosystem.

OpenFin, the operating system (OS) of finance, today announced the launch of OpenFin Cloud Services, providing every bank, asset manager, hedge fund and wealth management firm with its own FDC3-standard private app store and workspace management solution out of the box, eliminating the need for time-consuming and costly internal builds.

‘Innovation’ in insurance is no longer a luxury, it is a necessity. But to remain competitive, operationally efficient and to provide modern customers and clients with what they want, innovation demands time and dedicated resources. 

Research published today by Investec shows that too few tech businesses are taking advantage of developing effective ecosystems of sales partners (their channel programmes) to achieve scale-up growth rates. While IT companies have forecasted an average annual growth of eight per cent over the next three years, too many are missing their potential to achieve scale-up growth of 20 per cent or more with poor channel performance a major contributing factor.