The San Juan Mercantile Bank & Trust International (SJMBT) announced today that it has received its first client deposit and commenced operations, following the bank’s receipt last month of its license to operate from Puerto Rico’s Office of the Commission of Financial Institutions (OCIF).

EBANX, a global fintech company with Latin American DNA, which processes payments in LatAm to more than 1,000 international websites, is happy to announce the beginning local operations in Brazil. This is a soft launch of EBANX new business and the product is available to selected customers.

Finastra today announced the appointment of Sharon Doherty, as Chief People Officer. Doherty joins from Vodafone, where she held the position of Global Organization and People Development Director. In her new role at Finastra she will have global responsibility for making Finastra the most loved and inclusive employer in the Fintech industry.

NYMBUS, the world’s most advanced revenue and technology solutions company, today announced that MOXY bank has selected NYMBUS as the technology foundation for Washington, D.C.’s newest bank in 20 years and the DC, Maryland and Virginia region’s first financial institution in over a decade. NYMBUS’ digital-first product suite was selected by MOXY to rapidly meet, respond to and scale its business to handle and exceed today’s evolving financial consumer demands.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its proposal to expand the Sponsored Service of its subsidiaryFixed Income Clearing Corporation (FICC) has been approved by the Securities and Exchange Commission (SEC). DTCC views this as the latest milestone in the transformation of the Treasury market.

Aite Group, a global research and advisory firm, recognized Featurespace^™ as Best-in-Class in its 2019 report on fraud and AML machine learning platform vendors (download a complimentary copy of the report here).

ValidSoft, a voice biometric and multi-factor authentication SaaS company today announced the appointment of Tom Hohman as Vice President of Sales for the central and eastern regions of the US.

Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets.

ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation are among the banks backing the Trade Finance Distribution Initiative (TFD Initiative).

Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, recently announced that it has partnered with Token.io as part of the bank's preparations to provide open banking services to its clients in compliance with the new regulatory requirements. Token is represented by Tarabut Gateway, a subsidiary of Almoayed Technologies licensed by the Central Bank of Bahrain (CBB).