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Kotak Mahindra Bank Partners with Finastra for Kotak FYN

Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services.

Friday, October 7, 2022 - 12:17
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Financial IT
R3 Brings Ground-breaking Privacy Technology to the Cloud with the General Availability of Conclave Cloud

Global enterprise technology and services firm R3 today announced the general availability of Conclave Cloud, a serverless confidential computing platform designed to address the privacy risks that prevent many businesses from deploying cloud-based solutions.

Friday, October 7, 2022 - 05:58
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/news/cloud/r3-brings-ground-breaking-privacy-technology-cloud-general-availability-conclave-cloud
Financial IT
Business Adoption of Emerging Electronic Payment Tools is on the Rise, Aite-Novarica/BNY Mellon Report Shows

BNY Mellon, in collaboration with Aite-Novarica Group, today released a study examining commercial payment trends, finding that businesses are embracing a range of emerging digital tools such as real-time payments (RTP) and digital wallets.

Friday, October 7, 2022 - 05:50
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/news/payments/business-adoption-emerging-electronic-payment-tools-rise-aite-novaricabny-mellon
Financial IT
Financial Firms - Five Ways to use the Cloud to Outrun the Competition

In today’s technology-dominated world of finance, people expect their experience to be easy and convenient. Paying a bill with a smartphone is a familiar example. Using your smartphone, you make the payment with a few keystrokes.

Thursday, October 6, 2022 - 17:42
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Financial IT
Anti-Money Laundering Verification and Shell Corporations

Shell corporations are infamous for all the wrong reasons—both from a moral and regulatory compliance perspective. These organisations, which go by the name "ghost firms," are regularly used to conceal unlawful cash and, more significantly, the identities of beneficial owners. Shell company anti-money laundering verification is a major pain point and a compliance challenge for regulated enterprises.

Thursday, October 6, 2022 - 17:38
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Financial IT
Validis Partners with Aryza to Power Open Finance for UK Business Lenders

Aryza, expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has today announced a partnership with Validis, a market-leading open accounting platform, to develop an open finance solution that will help business lenders obtain better quality financial data from their customers.

Thursday, October 6, 2022 - 15:53
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/news/lending/validis-partners-aryza-power-open-finance-uk-business-lenders
Financial IT
Afterpay Launches 12-Month BNPL Payment Option

Buy now, pay later (BNPL) firm Afterpay is launching a new monthly payment option that aims to give consumers greater payment flexibility and responsible spending options ahead of the holiday shopping season. 

Thursday, October 6, 2022 - 14:38
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/news/payments/afterpay-launches-12-month-bnpl-payment-option
Financial IT
Uber Partners with Marqeta, Mastercard, and Branch to Launch New Uber Pro Card

Uber today announced a new partnership with Marqeta,

Thursday, October 6, 2022 - 14:33
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/news/credit-cards/uber-partners-marqeta-mastercard-and-branch-launch-new-uber-pro-card
Financial IT
Kyriba Expands Risk Portfolio, Launches Commodities Risk

Kyriba, a global leader in cloud-based finance and IT solutions, has announced the launch of Commodities Risk, which is an expansion of the Company’s portfolio of risk applications. The new solution helps Treasury and Risk Managers mitigate commodities risk and better manage market fluctuations with integrated data, analytics and connectivity into Kyriba Treasury and Risk Management.

Thursday, October 6, 2022 - 14:21
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Financial IT
Lufthansa Group Selects Worldline as Global Payments Provider

Worldline, a global leader in the payments and transactional services industry, has been selected as a partner and payments provider to Lufthansa Group, a global player in the aviation industry. Worldline builds on its strong heritage in the Airlines & Travel industry with comprehensive solutions tailored to fit the needs of some of the largest and most complex airlines in the industry.

Thursday, October 6, 2022 - 14:02
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/news/payments/lufthansa-group-selects-worldline-global-payments-provider
Financial IT

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