BNY Mellon announces it has successfully facilitated the first-of-its-kind, fully-transparent payment transaction between Egypt and China. Previously, low-value international payments experienced limited cost transparency and uncertainty over settlement timelines. Leveraging the new SWIFT Go service, BNY Mellon acted as an intermediary for payment between QNB AlAhli Egypt, the remitting bank, and Shanghai Pudong Development Bank, the beneficiary bank.
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Goldman Sachs is recognizing Glia’s CEO and Co-Founder Dan Michaeli as one of the Most Exceptional Entrepreneurs of 2022 at its Builders and Innovators Summit in Healdsburg, California.
Entrust, a global leader in trusted payments, identities and digital infrastructure, will be at Money 20/20 USA, October 23-26 in Las Vegas, to demonstrate a comprehensive portfolio of solutions that enable financial institutions to provide a seamless, secure and unif
Embedded finance (EF) has done a tremendous amount in recent years to upgrade better access to banking products for millions of people by integrating them into the platforms and brands they use every day. Given the associated increase to both revenue and customer retention, best-in-class, Banking-as-a-Service (BaaS)-driven EF solutions are fast becoming a must-have for businesses of all sizes.
Farmers State Bank and Teslar Software today announced their partnership to automate the bank’s commercial lending processes. Teslar’s technology will help the bank efficiently manage their loan portfolio as they continue to grow.
Financial professionals estimate over £295,000 is lost to invoice fraud per business, every year in the UK. Even more shocking is the fact that 1 in 5 (20%) finance professionals are unaware or unable to even estimate the cost of invoice fraud to their business. This lack of visibility is likely due to the messy paper trails that continue to plague the invoice process.
Moody’s Analytics today announced that Clara Pensions will be using the PFaroe™ DB pension risk modelling technology to model and manage the liabilities and risks it faces as part of Clara’s ‘Member-first’ approach. Clara takes members on a safer journey to buyout after transacting with the trustees and sponsors of their pension plan.
Solar Staff, an international payment and task management solution for companies and contractors have announced its launch in the United States. Solar Staff automates interaction between 700,000 independent contractors and more than 1,600 businesses from 45 markets including SPLAT, SumSub, Atomic Wallet and Adguard.
OKX, the world-leading cryptocurrency platform, has offered updates for the week beginning October 10, 2022.
OKX now supports BNB Smart Chain (BEP20) network hard fork
Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), today announces that it now provides customers with enhanced capabilities integrated into Microsoft Teams that help simplify and automate workflows.