IBM  announced today that Bank Sohar, one of the leading financial institutions in the Sultanate of Oman, has selected IBM Cloud and mobile to accelerate its digital transformation. This will allow the Bank to enhance its information technology infrastructure, boost its client service capabilities and elevate the overall customer experience.

Misys and essDOCS, the leading enabler of paperless trade, have joined forces to further eliminate the paper-based and manual processes that hamper international trade finance business. The partnership will see essDOCS’ CargoDocs electronic documents (eDocs) capabilities integrate natively with Misys FusionBanking Trade Services solutions. Digitised documents along the physical supply chain can now be leveraged for use in the financial supply chain, creating new trigger points for working capital finance while reducing cost and operational risk for banks and corporate customers.

SWIFT today announces the publication of a new paper discussing opportunities for banks to streamline their internal routing practices. The paper highlights how some banks used the transition to SEPA as an opportune moment to simplify their internal routing practices – and how upcoming initiatives may present similar opportunities.

The Global Transaction Banking arm of Societe Generale (SG GTB) has been awarded in a total of 11 categories in Global Finance Magazine and EMEA Finance’s latest annual industry awards.

For its Treasury & Cash Management awards, Global Finance Magazine* has named SG GTB:

·         Best Bank for Liquidity Management in Western Europe

·         Best Bank for Financial Risk Management in Western Europe

·         Best Overall Bank for Cash Management in Central & Eastern Europe

 Infosys, a global leader in consulting, technology and next-generation services, today announced the launch of  Skava Commerce, a modern, mobile-first and modular e-commerce platform that delivers engaging omni-channel experiences. Skava, a Silicon Valley based e-commerce startup acquired by Infosys, developed Skava Commerce to allow businesses to leverage flexible cloud-based microservices and white label applications to quickly launch new offerings, improve conversion rates of digit

British cyber-security firm, Post-Quantum, has bolstered its sales and business development team as part of its push into financial markets, government and healthcare. As part of the move, it has appointed Angie Walker as Global Head of Sales, Financial Services; and Ian Salmon as Global Head of Business Development, Financial Services.

Today the Banking Industry Architecture Network (BIAN) is launching the latest development of its collaboratively-defined banking technology framework, designed to standardise and simplify overall banking architecture on a global scale – termed Service Landscape (SL) 5.0.

 Startupbootcamp, the global family of industry-focused startup accelerators, announced the launch of itsStartupbootcamp FinTech program in Mumbai. Following the success of programs in London, Singapore and New York, the evolution of the FinTech program to Mumbai ensures coverage of the three main FinTech hubs around the world and now the fastest growing economy.