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Lloyds Bank Completes First Digital Trade Transaction Under New UK Legislation

The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed to give UK businesses and participants in the 60-80% of trade transactions worldwide that are subject to English law, more flexibility in how they trade. The Act will also significantly reduce the environmental impact that paper documentation has, while reducing the cost and time taken to conclude international trade transactions.

Wednesday, September 20, 2023 - 10:29
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/news/banking/lloyds-bank-completes-first-digital-trade-transaction-under-new-uk-legislation
Financial IT
Marks & Clerk’s Annual AI Report Highlights Continued Growth in AI Patent Applications, Fuelled by Recent Surge in AI Popularity

This year, Artificial Intelligence (AI) has dominated headlines. Generative AI, such as deepfakes and ChatGPT, has caused excitement and controversy in equal measure, as society wrestles with both its potential and the new legal and ethical questions it raises. As a renowned leader in this space, Marks & Clerk has been at the forefront of the European Patent Office’s (EPO’s) engagement with the patent profession as they try to bring some legal certainty and consistency to examining AI patent applications within this rapidly evolving environment.

Wednesday, September 20, 2023 - 10:29
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/news/artificial-intelligence/marks-clerks-annual-ai-report-highlights-continued-growth-ai-patent
Financial IT
Know Your Customer’s Company Registry Solution Now Available Through HKMA's Commercial Data Interchange

Know Your Customer, a leading RegTech provider specialised in Business KYC verification, is delighted to announce the addition of its solution to the Hong Kong Monetary Authority's (HKMA) Commercial Data Interchange (CDI).

Wednesday, September 20, 2023 - 10:23
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/news/regtech/know-your-customers-company-registry-solution-now-available-through-hkmas-commercial
Financial IT
The Baltics Sets a Favorable Start for P2P Platforms

Robocash platform specialists analyzed 49 European P2P platforms of Consumer, Business and Real Estate segments from 18 countries with available statistics.

Wednesday, September 20, 2023 - 10:20
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/news/paas/baltics-sets-favorable-start-p2p-platforms
Financial IT
How to Minimise the SCA Disruption and Increase Conversion Rates

In 2020, new regulations entered the ecommerce landscape: PSD2 Strong Customer Authentication (SCA). A part of the Payment Services Directive 2 (PDS2), it had one aim – to make digital commerce more secure.

Wednesday, September 20, 2023 - 10:18
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/blog/regtech/how-minimise-sca-disruption-and-increase-conversion-rates
Financial IT
Temenos Brings Innovative Payments Capabilities to IBM Cloud to Help Banks Transform with Focus on Security and Compliance

Temenos today announced that Temenos Payments Hub has become the first dedicated payments solution to deliver innovative payments capabilities on the IBM Cloud for Financial Services®, an industry-specific platform designed to accelerate financial institutions' digital transformations with security at the forefront.

Wednesday, September 20, 2023 - 10:14
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/news/cloud/temenos-brings-innovative-payments-capabilities-ibm-cloud-help-banks-transform-focus
Financial IT
Chipper Cash Launches AI Verification Suite Chipper ID to Transform Customer Onboarding In Africa

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market. 

Chipper ID has been designed to tackle Know Your Customer (KYC) issues across the African continent including ID verification, often impacted by mobile issues,

Wednesday, September 20, 2023 - 10:13
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/news/digital-identity/chipper-cash-launches-ai-verification-suite-chipper-id-transform-customer
Financial IT
Finastra Signs Global Agreement with Microsoft to Accelerate Trade Platform Modernization

Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernization, building on the existing availability of Finastra Trade Innovation in the cloud. Delivering the full functionality of Trade Innovation via a full microservices architecture using Microsoft Azure, will give banks increased agility, flexibility and scalability, enabling them to continue to provide service excellence to customers throughout their modernization journey.

Wednesday, September 20, 2023 - 10:09
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/news/trade-finance/finastra-signs-global-agreement-microsoft-accelerate-trade-platform-modernization
Financial IT
Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

The Blockchain Economy Dubai Summit is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event. Scheduled for October 4-5, 2023, at the Le Meridien Dubai Hotel & Conference Center, this prestigious event gathers over 3,000 blockchain entrepreneurs, crypto enthusiasts, and industry leaders from 85 countries.

Wednesday, September 20, 2023 - 10:04
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/news/blockchain/blockchain-economy-dubai-summit-2023-just-two-weeks-away-and-buzzing-anticipation
Financial IT
Salmon Launches Salmon Credit, A Milestone Product Offering An Enhanced Customer Experience

Consumer fintech Salmon today announces the launch of Salmon  Credit – its first credit line product with built-in QR Ph payment options, providing a simple and familiar  way for Filipinos to make payments at more than 600,000 QR Ph-enabled merchant locations across  the country.  

Wednesday, September 20, 2023 - 10:02
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/news/microfinance/salmon-launches-salmon-credit-milestone-product-offering-enhanced-customer
Financial IT

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