Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.

Guernsey is demonstrating its global leadership in drafting new laws to offer certainty in the use of “Electronic Agents” in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist financial services.

Sparkassen- Prüfungsverband has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its market leading regulatory reporting software functionality for the mandatory audit reports and appendix to the reports (the so-called “Anlage zum Prüfbericht”). These yearly bank audits need to be performed by the auditors for all banks in Austria, with many choosing to utilize OneSumX for Regulatory Reporting.

Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.

Business information provider IHS Markit (Nasdaq:INFO) today announced that ABN AMRO, Banco Santander, Bank of America Merrill Lynch, Barclays, Goldman Sachs, ING and three other financial institutions have joined its technology design team for Securities Financing Transaction Regulation (SFTR) reporting.

Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions for financial institutions, introduces Fenergo Digital Configuration Studio, a low to no-code administration suite that allows financial institutions to easily configure the Fenergo CLM solution to suit their organisational needs.

SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion. This marks an 11.3% increase on 2017 – and a 56% increase over the last five years.

Traffic growth was driven by the mass adoption of SWIFT gpi – which now accounts for over half (55%) of cross-border payment instructions carried on the network, only two years since its launch.

Signalling a vote of confidence in British fintech, business lending platform Growth Street has raised a £7.5m scale-up investment round led by the Merian Chrysalis Investment Company Limited (Merian Chrysalis). Asset manager Merian Global Investors has joined forces with leading individual investors including Rob Rankin, former co-Head of Corporate Banking & Securities at Deutsche Bank, and Peter Brodnicki, CEO of the Mortgage Advice Bureau, in backing Growth Street.

4Stop ("FourStop GmbH"), a leader in providing premium global KYC, compliance and anti-fraud technology, announces today they are live and operational within FlashFX's global payment t