Finastra today announced its collaboration with Collenda (formerly ABIT Group), a German software and consulting firm specialising in credit, debtor and debt management. Finastra’s Fusion Essence in the cloud solution will be seamlessly integrated with Collenda’s loan application and management software. The move expands Finastra’s trusted core banking platform to cover local requirements for loan origination and servicing in the German market.

Leading figures from a number of banks, building societies and other financial institutions have been provided with a valuable update on the progress of the new Image Clearing System (ICS) for cheques, twelve months since its introduction across the UK. Delegates heard a variety of presentations at the 4th Annual Cheque Imaging & Remote Deposit Capture Conference, held at Stationers’ Hall in London last Thursday (October 11).

Identitii Ltd (ASX: ID8), the fintech enabling the secure overlay of transaction level detail on top of financial messages, has today launched Overlay+, its new platform for enriching payments and corporate treasury transactions. Overlay+ creates a path for verified information to be exchanged within banks, between banks and between banks and corporate customers securely and in real-time using a private blockchain.

Land Bank of Taiwan’s Singapore Branch has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software, allowing the bank to comply with the upcoming Monetary Authority of Singapore (MAS) Notice 610 requirements.

GLAC Consulting, a risk management company, offers security consulting aimed to provide business data security. This protection focuses on business intelligence, systems and process development and technology, corporate audit, and security and intelligence integral solutions.

Data security is essential to protect the company's classified information. Risk management consulting protects company data that must follow the strictest security requirements. It is a legal requirement to protect private information.

United Overseas Bank (UOB) today announced the launch of its pan-regional Engagement Lab (eLab), which will enable the Bank to personalise the way in which it converses and serves its Digital Bank customers. 

UOB's eLab is the first dedicated unit set up by a bank in Southeast Asia focused on using the latest technology and behavioural insights to deepen customer engagement. The Bank will set up eLabs across its network of ASEAN countries such as Indonesia, Malaysia, Singapore, Thailand and Vietnam.

NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced the launch of X-Sight, an advanced machine-learning based Platform-as-a-Service designed to power the industry’s first financial crime risk management marketplace.

Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments.