Credit Suisse, a leader in the global cleared derivatives industry, has selected the Derivatives Utility from FIS for its post-trade futures and cleared over-the-counter (OTC) derivatives operations and technology.

I just received a white paper about Social KYC from Fintech startup Veridu.  The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process.  It’s an interesting idea I thought I’d share here but, before I do, I posted a note on the blog in 2009 that recommended banks to use social media as a way of verifying whether custo

Synechron unveils its new, state-of-the-art digital innovation centre in central London, dedicated to next generation banking and insurance. The new centre enables businesses to become fully immersed in the wealth of new technology available, through the combined innovation of augmented reality, artificial intelligence, blockchain, natural language and biometrics, mobile, and touch & smart technologies.

Bloomberg unveiled the Entity Exchange platform, a web-based, centralized and secure solution that enables buy-side firms to provide entity data and documentation to their trading counterparties. Entity Exchange eases the process of opening new trade accounts for the buy-side, while also helping brokers satisfy Know-Your-Customer (KYC) compliance requirements.

 Chubb reports appointment of Ruth Polyblank, currently Head of Marketing and Customer Strategy, UK and Ireland, to the new role of Head of SME, UK and Ireland.  

In 2015, over 99% of the UK's 5.4 million companies were small or medium-sized businesses, each employing fewer than 250 people. However this month's BIBA conference programme highlighted once again the significant issue of underinsurance within the segment.

NTT DATA UK, has signed a partnership agreement with Privitar to deliver data protection solutions that will ensure companies are compliant with the EU General Data Protection Regulation (GDPR) when it comes into force.

 Bell ID – the mobile payments specialist recently acquired by Rambus – has announced a new collaboration with First Data Poland to offer cloud-based mobile payments as a service to Polish banks.

MasterCard unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass, the global digital payment service from MasterCard that connects consumers with merchants, enabling them to make fast, simple, and secure digital payments across channels and devices.

Guggenheim KBBO Partners, a global financial services firm headquartered in Dubai, announced today that it has hired Mohammad Barraj as a Managing Director of Investment Banking.