Stripe officially launches its services in Estonia, Greece, Latvia, Lithuania, Poland, Portugal, Slovakia, and Slovenia today, helping internet businesses in these countries to start, grow, and scale their business globally and accept money from anywhere in the world.
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Stanbic Bank Uganda (SBU) and Traydstream Ltd have signed an agreement to implement the Traydstream platform at SBU. This platform is intended to digitize the current manual process of vetting Letters of Credit for Discrepencies. The trade document processing conducted over the past few months proved the dramatic improvement the Traydstream platform brings to SBU’s processing, turnaround and end-to-end trade capabilities.
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Ahead of Sibos 2019, Finastra commissioned IDC to survey 400 corporate treasurers around the world to reveal key treasury priorities. The findings* show that access to funding, risk management and improving usability are top of mind for treasurers today. Looking three years ahead, these challenges are expected to diversify to include demand for real-time capabilities and liquidity optimization, meaning new business models, which will drive a greater focus on open platforms for banks to deliver enhanced services at scale.
EMVCo has announced the continued expansion of its Associate Programme, with new organisations joining to engage in the strategic and technical direction of the global body.
2C2P, Adyen, BC Card, Checkout.com, Endeavour Internet Business Solutions, FrenchSys, ICC Solutions, Infinitium, Merchant Advisory Group, Shopify and Wakefern Food Corporation have all joined in the past year. As EMVCo Associates, these organisations will support the process of developing, enhancing and evolving the EMV® Specifications.
BNP Paribas today announces its strategic partnership with Kantox, a leading fintech specialising in FX risk management solutions.
The agreement enables BNP Paribas and Kantox to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ clients across EMEA. Dynamic Hedging is an innovative software solution developed by Kantox, which allows corporate treasurers to fully automate and streamline FX workflows. The solution will complement the product suite available on Centric, BNP Paribas’ leading digital banking platform.
After a successful re-domiciliation to the European banking union and important efforts in the areas of risk and compliance, Nordea has entered a new phase, focusing further on customer centricity, improved efficiency and development in regulatory matters.
As part of this new phase, Nordea will rationalise its governance and senior leadership structure and remove the combined Deputy CEO and Group COO roles. The final governance and senior leadership structure for the COO operations will now be evaluated and announced later together with the related appointments.
H&M wants to offer customers a truly modern shopping experience that is both flexible and convenient no matter where and how they choose to shop.
The benefits of virtual cards are numerous and varied, yet their adoption into the corporate world has been slow. Pat Bermingham, CEO of Adflex, asks whether fear of the unknown is holding firms back.
InstaReM, a leading global financial payments infrastructure company,has announced that it will now power real-time cross-border payments for the clients of the SBI Remit and SBI Cosmoney, part of one of Asia’s leading payments companies, across select markets.