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Pandemic Accelerates Contactless Payment Adoption in the Nordics

The first four months of 2020, during which the Nordics imposed strict Covid-19 social distancing measures, saw contactless payments in the region increase by an unprecedented 12 percentage points, according to transaction data from European payments industry leader, Nets, released today.

Wednesday, May 6, 2020 - 11:06
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Financial IT
Temenos Awarded the Highest Status in Aite’s Matrix Evaluation of Investment and Fund Accounting Systems

Temenos (SIX: TEMN), the banking software company, today announced that the Temenos Multifonds Global Accounting product has been awarded ‘best in class’ status in Aite Group’s Matrix Evaluation of Investment and Fund Accounting Systems.

Wednesday, May 6, 2020 - 11:00
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/news/banking/temenos-awarded-highest-status-aites-matrix-evaluation-investment-and-fund-accounting
Financial IT
Wolters Kluwer and Risk Magazine to Explore Basel IV Impacts

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is holding a webinar with Risk.net to explore how the year delay to Basel IV provides an opportunity to prepare and examine suitable financial technolo

Wednesday, May 6, 2020 - 10:58
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/news/security-and-compliance/wolters-kluwer-and-risk-magazine-explore-basel-iv-impacts
Financial IT
British Business Bank Announces Nine New Lenders Under the Coronavirus Business Interruption Loan Scheme

Today the British Business Bank has announced that it has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60.

New lenders Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social Investment Business, Tower Leasing, Ultimate Finance and White Oak UK, will be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak.

Wednesday, May 6, 2020 - 10:57
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/news/lending/british-business-bank-announces-nine-new-lenders-under-coronavirus-business
Financial IT
Investors Look To CEOs to Ensure Transparent Financial Reporting Amid Global Uncertainty, According to Research from BlackLine

A global survey of institutional investors commissioned by accounting automation software leader BlackLine, Inc. (Nasdaq: BL) reveals that 79% of global investors believe that CEOs should be held accountable for a company's financial reporting errors. Surprisingly, only 38% of investors feel that CFOs should be held to account.

Wednesday, May 6, 2020 - 10:52
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/news/accounting/investors-look-ceos-ensure-transparent-financial-reporting-amid-global-uncertainty
Financial IT
Leading Bank in the Dominican Republic Selects Temenos to Power Its Digital Transformation

Temenos (SIX: TEMN), the banking software company, today announced that BHD Leon has chosen to implement Temenos Transact, the next generation core banking product, as part of its digital transformation program. The implementation will be conducted in two phases, migrating business lines across retail, SME, corporate and wealth management sectors from a legacy system to Temenos’ cloud-native, API-first microservices-based platform.

Wednesday, May 6, 2020 - 10:45
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Financial IT
Finboot’s MARCO Recognised by World Economic Forum as an Example of Successful Blockchain Implementation in Supply Chains

Finboot, the company behind the production-ready blockchain middleware MARCO, is pleased to announce that it has been included in the World Economic Forum’s (WEF) first ever Blockchain Deployment Toolkit as an example of a company that proves the value of the blockchain ecosystem within supply chains. Two of Finboot’s successful blockchain implementations are referenced, including a project with energy giant Repsol.

Wednesday, May 6, 2020 - 10:38
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/news/blockchain/finboots-marco-recognised-world-economic-forum-example-successful-blockchain
Financial IT
Atom Bank Continues to Support Businesses Through Coronavirus Business Interruption Loan Scheme (CBILS)

Atom, the UK’s number one rated bank on Trustpilot, has today announced that it has been approved for accreditation as a new lender by the British Business Bank to offer secured loans through the Government-backed Coronavirus Business Interruption Lending Scheme (CBILS).

Atom will be offering eligible businesses secured loans from £100,000 up to £5m through the 200+ independent brokers that are registered to work with Atom.

Wednesday, May 6, 2020 - 09:51
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/news/lending/atom-bank-continues-support-businesses-through-coronavirus-business-interruption-loan
Financial IT
Nordic Fintechs Rocker and Enfuce Team Up to Enable Cutting-Edge Neobank Build-Up

Rocker, the Swedish neobanking pioneer, has selected Enfuce– Finland’s largest fintech startup – as partner for card issuing and payment processing. The collaboration enables Rocker to issue VISA prepaid cards easily and securely.

Wednesday, May 6, 2020 - 09:31
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/news/banking/nordic-fintechs-rocker-and-enfuce-team-enable-cutting-edge-neobank-build
Financial IT
Latest Digital Collaboration Hub From Finantix Drives Richer Advisor-Client Communication – Selected by Banco Itaú International

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched its latest Digital Collaboration Hub which allows financial institutions to activate a collaboration channel within weeks.

Wednesday, May 6, 2020 - 09:22
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/news/wealth-management/latest-digital-collaboration-hub-finantix-drives-richer-advisor-client
Financial IT

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