Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, and IBM (NYSE: IBM) today announced the signing of an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients better manage the multitude of financial risks they may face.

A foundation has been laid and now is the time to double down to accelerate innovation.

The concept of real-time payment processing both from an operational and cost advantage is big news yet only 36% of all electronic payments in the UK are now via the Faster Payments Service (FPS)¹. One could argue that FPS has fundamentally changed the nature of payments, user experience and the real economy. But in reality, the race to real-time has been slow and steady rather than a gold rush.

COVID-19 has triggered unprecedented change around the world, imposing social distancing and a dramatic increase in remote working. With millions of people now following governmental advice to stay at home, Mobey Forum’s Digital ID expert group is busy exploring how digital identity schemes can help life to continue via online channels. Elina Mattila, Executive Director at Mobey Forum, offers further insight…

Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, today announced that its early adoption of cloud technology has ensured the continued operation of its interest rate compression and margin optimisation services, which are fundamental to reducing risk and improving liquidity in the global derivatives markets.

With the inevitable tribulation and market regulations resulting from the pandemic, one thing is certain - the global banking landscape will face a lot more uncertainty. In the meantime, banks have been called on to help boost the economy – to tackle how people can still pay bills, including credit card, loan and mortgage payments, and receive payments during these tricky times.

ZUBR, the arbitrage hub for digital asset derivatives, has selected Avelacom to provide low latency and resilient connectivity services across major cryptocurrency markets in Europe and APAC.

Through Avelacom’s network, the ZUBR platform will be able to offer its clients direct connectivity to crypto exchanges, as well as the ability to easily scale its ecosystem and connect clients through AWS, Alibaba, Google and Microsoft Azure clouds to crypto exchanges in Dublin, Hong Kong, Tokyo and other places.

Temenos (SIX: TEMN), the banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems and deploy a single, cloud-native, cloud-agnostic digital banking platform to underpin its banking operations. KIB is one of the Yemen’s top 5 banks, with 1.2 million customers and it aims to reach 5 million customers by 2023.

ZUBR, the arbitrage hub for digital asset derivatives, has selected Avelacom to provide low latency and resilient connectivity services across major cryptocurrency markets in Europe and APAC.

Through Avelacom’s network, the ZUBR platform will be able to offer its clients direct connectivity to crypto exchanges, as well as the ability to easily scale its ecosystem and connect clients through AWS, Alibaba, Google and Microsoft Azure clouds to crypto exchanges in Dublin, Hong Kong, Tokyo and other places.

daVinci Payments announced the launch of Brand Accelerator, a first-of-its-kind Software-as-a-Service (SaaS) platform designed to make payments a seamless branded experience for recipients—from beginning to beyond the point of payment. The launch of Brand Accelerator demonstrates daVinci’s commitment to offering branded payments that generate greater value through enhanced engagement.

An interesting observation has occurred to me during industry conferences I’ve attended and recent articles I’ve read that I felt important to address: ABT is rarely distinguished from EMV®.

While an EMV transit system is a form of account-based ticketing (ABT), this assimilation is problematic. And crucially, it’s prohibiting PTOs and PTAs from being able to make the best decisions for their local markets.