BlackRock has launched the BlackRock Impact Bond Fund (‘the Fund’), a mutual fund that aims to generate competitive financial returns while investing in measurable social and environmental outcomes. The Fund will trade under the ticker BIIIX.
The Fund will be the first broadly available U.S. fixed income fund launched by BlackRock since the formation of BlackRock Impact, the firm’s $200 billion sustainable investing platform.
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, announced TGR Financial, Inc, the holding company of First Florida Integrity Bank headquartered in Naples, Florida, has qualified to trade on the OTCQX® Best Market. TGR Financial upgraded to OTCQX from the Pink® market.
As the world grapples with the fallout from Brexit, businesses around the world are turning to their CFOs to help them navigate the uncertain times ahead. If ever there was a time for the finance function to demonstrate how its role is becoming more value-adding and strategic, this is it. But what should the finance function be doing? What are the key steps and processes that need to be in place to ride out the uncertainty, manage the risks and take advantage of new opportunities as competitors jostle for position?
PNC Bank is rolling out upgrades to its 9,000 ATMs to improve security and convenience for customers.
The upgrades enable ATMs to read EMV, or "chip" cards, which are harder to counterfeit than traditional magnetic stripe-only cards, according to Ken Justice, senior vice president and ATM executive. The rollout will be completed by mid-September.
"Customers will experience enhanced security with their ATM transactions due to the unique transaction code from the chip which is shared with the ATM," Justice said.
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than 20 countries - including Canada, China, Germany, Mexico, Switzerland, and the United Kingdom, to name a few – are participating in the GFHF, with more countries expected to join in the coming months.
Entersekt, an innovator in mobile-enabled digital banking security, today announced a partnership with IST Networks. A leading systems integrator in the Middle East, IST now offers Entersekt’s Transakt technology to banks and other enterprises operating in the region.
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces that its embedded Secure Element, PEARL by OT®, is the first eSE worldwide to be certified by Visa, MasterCard and Amex for biometric-compliant payment applets (VISA VMPA v1.4, MasterCard MCM v1.1 and AMEX v2.0), as well as by OSPT Alliance (CIPURSE™ V2) for urban transport applications and value added services.
TestPlant, the maker of the eggPlant range of software quality tools, today announced that it has delivered a test automation solution for Bendigo and Adelaide Bank that has achieved outstanding results.
Temenos, the software specialist for banking and finance, today announces that Microcred Group, the provider of financial inclusion solutions to clients in Africa and China, is moving forward with a new license for Temenos MicroBanking Suite to support its strategy for growth and product diversification.
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