On display at Sibos is the latest innovation in Mastercard’s expansive services suite which will be used by banks, corporates, and governments to gain greater visibility into payment flows, enabling collaborative, data-driven business decisions

UK financial institutions will use new technology to tackle the impact of rising costs, according to a new report from Lloyds Bank.

Three-quarters (75%) of UK financial services firms expect their operating costs to increase over the next 12 months.

When asked how they plan to manage the impact of rising costs, the majority (72%) said they planned to invest in new technology to make their business more efficient.

MoneyLIVE Autumn Festival is the premier pan-European event shaping the future of banking and payments. Join 350+ senior banking and payments leaders to gain new insights, cultivate partnerships, and be part of the discussion setting the agenda for 2023 and beyond.

2022’s headline speakers include:

Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit transactions.

The Hosted Private Cloud powered by Nutanix offer is now deployed in the United Kingdom through OVHcloud’s Erith datacenter (ERI), adding to the existing Canadian, French and German data centres. Hosted Private Cloud powered by Nutanix is a pre-installed solution combining Nutanix Cloud Platform licenses with a 100% dedicated and secure OVHcloud Private Cloud infrastructure.

Onfido, the leading provider of automated global digital identity verification and authentication solutions, today announced that Onfido Studio, part of the Onfido Real Identity Platform, has been awarded “Security Orchestration Solution of the Year” in the 6th ann

Axyon AI Completes €1.6 Million Fundraising Round Supported by CDP Venture Capital, ING and UniCredit

Partnerships 

Validis Partners with Aryza to Power Open Finance for UK Business Lenders

ICICI Bank today announced the launch of an online solution to help its customers carry out SWIFT-based inward remittances in a faster and hassle-free manner. Named, ‘Smart Wire’, the facility allows both NRIs and resident customers to undertake inward remittance transactions in an online and paperless way. ICICI Bank is the first bank in the country to introduce this faster online solution to receive inward wire remittances.