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International Islamic Trade Finance Corporation Conducts First Transaction with Partners on Bolero Trade Finance Platform

A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA CGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time.

The transaction concerned a cotton shipment originating from Burkina Faso, shipped by CMA CGM Group from the Port of Lomé in Togo.

Wednesday, March 31, 2021 - 14:41
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/news/trading-systems/international-islamic-trade-finance-corporation-conducts-first-transaction
Financial IT
Fingerprints and Fime Minimize Time to Market for Biometric Payment Cards with Mastercard® approvalof T-Shape 2 sensor module

Fingerprint Cards AB (Fingerprints™) and Fime have collaborated to achieve compliance with Mastercard’s Reference Specifications for Fingerprints’ latest T-Shape® sensor module and software platform for biometric payment cards. Proactively securing this approval brings widespread deployments even closer as it simplifies the approval process for card manufacturers. Card manufacturers of all sizes can now benefit from saving time and money when launching and scaling biometric card projects.

Wednesday, March 31, 2021 - 13:38
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/news/payments/fingerprints-and-fime-minimize-time-market-biometric-payment-cards-mastercardr
Financial IT
HPD Lendscape Expands Mangement Team With CFO Hire

HPD Lendscape, a leading international secured lending platform vendor, has appointed Geoff Snowden as its new Chief Financial Officer to oversee strategic expansion projects to drive its ambitious growth strategy. Geoff brings a wealth of experience to the company and has more than 15 years’ experience in the media, tech, data and professional services sectors.

Wednesday, March 31, 2021 - 13:25
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/news/lending/hpd-lendscape-expands-mangement-team-cfo-hire
Financial IT
Valour Launches World's First Fee-Free Ethereum Exchange Traded Product (ETP)

In a world first, Valour, the issuer of investment products focused on innovative technologies, has announced the launch of Ethereum Zero (ETH ZERO SEK - CH1104954362), an Ethereum (ETH) exchange-traded product (ETP) that comes with zero management fees. 

Wednesday, March 31, 2021 - 13:18
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/news/investment/valour-launches-worlds-first-fee-free-ethereum-exchange-traded-product-etp
Financial IT
Nets Group Brings Cryptocurrencies to Shop Tills in Austria
Nets Group, a leading European payment services provider, together with Salamantex, Austrian specialist for the development of software solutions for cryptocurrency payments, is bringing acceptance of digital currencies such as Bitcoin, Ether and Ripple to in-store points-of-sale in Austria. The partnership will also help prepare for the introduction of future digital currencies such as the e-Euro
Wednesday, March 31, 2021 - 13:06
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/news/payments/nets-group-brings-cryptocurrencies-shop-tills-austria
Financial IT
Meniga Partners with VISA to Accelerate its Expansion within APAC

Meniga (www.meniga.com), the global leader in digital banking and personal finance solutions, has today announced a new partnership with Visa, the world’s largest retail payment network, to accelerate its expansion within the Asia Pacific region.

Wednesday, March 31, 2021 - 12:39
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/news/banking/meniga-partners-visa-accelerate-its-expansion-within-apac
Financial IT
Bofin Partners with ComplyAdvantage to Lower Risk of Exposure to Financial Crime

The technology marketplace for financial services firms Bofin has partnered ComplyAdvantage to lower its risk of inadvertently being involved in a range of financial crimes such as money laundering.

Wednesday, March 31, 2021 - 12:07
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/news/security/bofin-partners-complyadvantage-lower-risk-exposure-financial-crime
Financial IT
The Kalifa Review: How Can the UK Consolidate Its Global Leadership and Retain Competitiveness in Fintech

Worldwide, FinTech is hailed as the future of finance. From the evolution of open banking platforms to the use of artificial intelligence, FinTech revolutionises the global economy by changing the way businesses and customers bank, invest and make payments. Over the past decade, the UK, too, has witnessed technology-led disruption across the financial sector.

Wednesday, March 31, 2021 - 11:53
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/blog/fintech/kalifa-review-how-can-uk-consolidate-its-global-leadership-and-retain-competitiveness
Financial IT
Simplilearn Strengthens Collaboration with IBM to Upskill over 20,000 Professionals in 2021
Simplilearn, the world's number one online bootcamp for digital economy skills training, today announced an extension of their collaboration with IBM (NYSE: IBM) to provide curated learning programs in Data & AI for working professionals.
Wednesday, March 31, 2021 - 11:25
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/news/data/simplilearn-strengthens-collaboration-ibm-upskill-over-20000-professionals-2021
Financial IT
Creditas Solutions Launches India’s First Holistic Digital Collections and Recoveries Platform – Ethera

Creditas Solutions, India’s leading financial technology company for delinquency management, has announced the launch of Ethera. Ethera is India’s first and only holistic digital debt collections and recoveries platform for banks and financial institutions. 

Wednesday, March 31, 2021 - 11:02
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/news/management/creditas-solutions-launches-indias-first-holistic-digital-collections-and-recoveries
Financial IT

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