The Western Union Company, a leader in cross-border, cross-currency money movement and payment services, today announced that Jan Siegmund has been appointed to the Company’s Board of Directors, effective December 4, 2019.

Mr. Siegmund will also serve on the Audit Committee of the Board.

Integral, the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $34 billion in November 2019.

No other platform reaches as many, as varied, and as comprehensive a set of FX products and participants as Integral OCXTM. Banks, brokers, and asset managers now share direct access to OCX and use this unique liquidity to win market share from their competitors.

Finicity, a provider of real-time financial data access and insights, and Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, today announced that Finicity’s digital Verification of Assets (VoA) solution is now available through Ellie Mae’s Encompass® Consumer Connect, part of the Encompass® Digital Lending Platform.

 Nomura, Asia’s global investment bank, has selected Pico, a leading provider of technology services for the financial markets community globally, to build, host and manage a new platform supporting its latest innovation programs in foreign exchange (FX) and rates trading businesses.  

The Nomura FX trading platform is co-located in data centres based in New Jersey (NY4), London (LD4) and Tokyo (TY3). With more efficient processing, Nomura’s clients will benefit from faster transaction times.

 Judopay’s CEO Jeremy Nicholds has been selected to join the Emerging Payments Association (EPA) advisory board. The EPA is managed by its senior leadership team and receives guidance and steering from the EPA Advisory Board. The EPA Advisory Board is composed of 14 highly effective CEOs from leading payments companies who all have a desire to change the payments industry and create a profitable, sustainable payments ecosystem.

Temtum (temtum.com), the quantum-secure, efficient, and carbon-neutral cryptocurrency network capable of 120,000 transactions per second, today announced the launch of its SMS payments system. As the first decentralized, network-based SMS payments solution, temtum allows anyone to send cryptocurrency instantly via SMS, with no fees and no need for a smartphone. temtum’s SMS payments allow the estimated 1.7 billion unbanked people to share funds directly, without third-party oversight. 

Investment in fintech has reached new heights with more than $39 billion invested globally last year. New opportunities abound to bring innovative technology to market through strategic partnerships – what may arise from a customer need, pain point or desire can become a reality through co-creation with corporations that can benefit from new ways of thinking and in turn offer funding and scaling opportunities.

 TIBCO Software Inc., a global leader in integration, API management, and analytics, congratulates Mercedes-AMG Petronas Motorsport driver Lewis Hamilton on winning the 2019 FIA Formula One™ World Drivers' Championship* at the United States Grand Prix. With this win, Hamilton secured his sixth Formula One title, making him only the second driver in the sport’s history to win six world championships.

DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced it has partnered with SV Capital in India to enable fintech firm Stockal and HDFC Securities – one of the largest stock brokerage firms in India – to increase accessibility to the U.S.

More than two thirds (69%) of asset managers claim that the data management systems and processes that they use today are not ‘very effective’ at supporting business and operational decision-making. Also, nearly half of asset managers (45%) said their organisation typically measures RoI on data management projects afterwards by carrying out an annual survey into how the business is performing to relevant quality metrics.