Worldwide, people make more than $1.7 trillion in non-cash payments every year. Making those payments as instant and open as cash is a top priority for FIS™ (NYSE: FIS), a global leader in financial services technology and, it has made great headway toward such a goal by putting payments solutions in place around the world.

Understanding the risk that a financial counterparty represents to a financial institution is critical in deciding whether to continue to do business with an existing counterparty or to form a relationship with a new one. Having sight of the entities and individuals with an owning interest in a bank or financial institution (FI) is essential if they are to avoid dealing with sanctioned entities and comply with new regulations.

Accuity, the leading global provider of financial crime compliance solutions, is developing the next generation of assurance services with policy management capability to help compliance professionals respond to increased regulatory scrutiny for transparency, traceability and auditability. The new service will provide compliance leaders with oversight, control and assurance over their screening systems, which will support their agile decision making as well as empower them to address regulators’ questions regarding live and past configuration of their screening filters.

SmartStream Technologies, the Transaction Lifecycle Management (TLM^®) specialist, today announced that Raiffeisen Bank International AG has taken a proactive approach to Basel III and implemented a cash and liquidity reporting solution – to monitor and manage cash positions on an intraday basis, throughout the group.

ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, today announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network.

Preparing for The Single Resolution Mechanism will mean ensuring financial IT systems and management processes are built and maintained. In fact, it means a preparing for a whole host of regulatory reporting obligations so firms need to start exploring their options, according to Selwyn Blair-Ford, London-based Head of Global Regulatory Policy at Wolters Kluwer.

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with SECB Swiss Euro Clearing Bank (SECB), in order to reach an agreement to provide foreign payment services.

SECB Swiss Euro Clearing Bank is based in Frankfurt, Germany, and is a significant bank in the region. It is Earthport’s goal to establish itself as a local service provider of cross-border payments to banks in various countries and SECB would be Earthport’s first client in Germany.

Infosys Consulting, in partnership with HHL Leipzig Graduate School of Management, has today published its latest white paper, Blockchain Technology and the Financial Services Market: State-of-the-art Analysis.

FI Navigator announced that Alkami Technology, a provider of online and mobile banking solutions for financial institutions, has subscribed to its cloud-based mobile banking module, which provides vertical intelligence on the mobile banking services offered by nearly 7,000 U.S. financial institutions.

As part of FI Navigator’s banking vertical data and analytics platform, which contains information on more than 13,000 financial institutions and the Fintech companies that serve them, the mobile banking module will provide Alkami with:

“A correct understanding of risk in Africa – along with an appreciation of the growth potential yet to be unlocked by trade; both cross-border and intra-Africa, provides global corporates with a new lens through which to identify and access African growth,” says Vinod Madhavan, Head, Transactional Products and Services, Africa at Standard Bank.