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Finastra and LPBank Modernize Treasury Management Operations in Record Time

Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank) to modernize the bank’s treasury management operations and capabilities. This strategic collaboration is part of LPBank’s concerted effort to accelerate its digital transformation strategy and enhance its competitiveness in the market.

Thursday, October 17, 2024 - 11:29
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Financial IT
UK Finance Leaders Reveal Friction in Global Spend and Expense Management Holds Their Business Back

The vast majority of UK finance leaders (95 percent) struggle to manage their global spending due to disconnected management tools and manual processes, according to a new report released by Airwallex, the leading global payments and financial platform for modern businesses.

Thursday, October 17, 2024 - 11:18
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Financial IT
BVNK and Circle Partner to Expand USDC Utility for Global Business Payments

BVNK, the payments infrastructure provider, and Circle, a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.

Thursday, October 17, 2024 - 11:02
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Financial IT
Helena Warne Joins Bibby Financial Services to Drive Growth for SMEs in Wales

Bibby Financial Services (BFS) has appointed Helena Warne as Business Development Manager for Wales to grow its funding support for businesses throughout the country. 

Helena brings over 25 years of financial services experience to her new role. At Lloyds Banking Group she covered the Wales region for seven years, specialising in Invoice Finance. And in her role as Area Director, Helena led a team of over 10 commercial banking relationship managers. 

Thursday, October 17, 2024 - 10:59
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Financial IT
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

Nasdaq today announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability. The functionality will be integrated into Nasdaq’s Calypso platform, which is used by banks, insurers, and other financial institutions globally to access capital markets, process front-to-back office treasury workflows, manage risk, and meet regulatory reporting obligations.  

Thursday, October 17, 2024 - 10:52
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Financial IT
Yuno Welcomes Former Uber and JP Morgan Director to Lead APAC Partnerships and Drive Regional Growth

Yuno, the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific. 

Thursday, October 17, 2024 - 10:50
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Financial IT
Worldline Launches “Bank Transfer by Worldline,” a New Account-to-Account Payment Method in 14 European Countries by End of 2024

Worldline, a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. The solution enables retailers to accept payments and completes the existing payment options offered to merchants. It also effectively addresses specific payment scenarios that traditional methods typically cannot accommodate, including invoices and high-value transactions. It delivers a seamless and secure payment experience for both customers and businesses throughout Europe.

Thursday, October 17, 2024 - 10:47
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Financial IT
Consumers’ Capacity to Save Fell by 25.5% Over the Last Year as Recent Inflationary Pressures Continue to Take Their Toll

The latest proprietary insight from Moneyhub, the market-leading data and payments platform’s Financial Wellness Tracker, reveals that consumer capacity to save without making any changes to their overall spending behaviour fell 25.5% over the 12 months to end September 2024.

Simultaneously, total cash held in savings dropped by 11.6% as the recent turbulent financial times continued to play out and inflation persistently remains above the target 2%. 

Thursday, October 17, 2024 - 10:43
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Financial IT
Lowell Enhances Its Debt Collection Operations with a New Three-Year SaaS Partnership Extension with Tietoevry Banking

Lowell, one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth.

The new contract ensures continued use of Collection Suite Nova delivered as Software as a Service (SaaS) from Tietoevry’s private cloud. The agreement covers service in Sweden.

Thursday, October 17, 2024 - 10:42
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Financial IT
Bridgepoint to Reinvest in Kyriba, Alongside New Minority Investor, General Atlantic

Bridgepoint, one of the world's leading quoted private asset growth investors, and Kyriba, the global leader in liquidity performance, today announced that Bridgepoint will reinvest in Kyriba following a period of record growth for the business and will remain the majority shareholder. In addition, Bridgepoint and Kyriba will welcome a new minority investor, General Atlantic, a leading global growth investor.

Thursday, October 17, 2024 - 10:39
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Financial IT

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