uPort, a digital identity platform anchored on the Ethereum blockchain, is excited to partner with Onfido, a global identity verification provider, and PwC, a leading professional services firm, to explore portability of consumer identities in the financial services sector in the United Kingdom and beyond.

The independent not-for-profit standards association, BIAN (Banking Industry Architecture Network), today launched its ‘Coreless Bank’ initiative.

Trustology, a UK based fintech company, focused on accelerating the crypto economy, today announced the beta launch of its Business Account Designed to safeguard cryptoassets held by businesses of any size ranging from small funds,
corporates to large institutions, the TrustVault Business Account offers an easier and safer way for account holders to secure and manage their crypto assets from the convenience of a mobile device or via API integrations. Offering a radically faster way to send, receive and store assets, processing transactions in under one second.

Appian (NASDAQ: APPN) today announced availability of a new solution that accelerates customer and asset onboarding while reducing risk of implementation for treasury management, foreign exchange, and investment firms. The Institutional Onboarding solution delivers pre-built data records, AI-based document understanding, and packaged integrations to simplify and accelerate onboarding.

Pepper, Bank Leumi's mobile-only challenger bank, today launched a revolutionary new investment app, Pepper Invest. It enables customers to buy fractional shares in some 100 shares of top US companies (traded on the S&P 100 index), such as Facebook, Apple, Amazon, Coca-Cola, Ford, Starbucks, Goldman Sachs, Nike and Netflix, with a minimum investment amount of NIS 50.

Visa Inc. (NYSE:V) today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020.

In addition, Infosys, a global leader in next-generation digital services and consulting, is integrating with the Visa B2B Connect network to bring Visa B2B Connect platform access to their participating financial institutions worldwide.

Commerzbank is one of the founding signatories of the new Principles for Responsible Banking. These have been developed by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with several international financial institutions, and were officially launched at the start of the UN General Assembly in New York yesterday. Under these principles, 130 banks worldwide have undertaken a voluntary commitment to make the financial system as a whole more sustainable and develop the global economy in alignment with the UN sustainable development goals.
 

FIS™ (NYSE: FIS), a global leader in financial services technology, announced today that Societe Generale has chosen the FIS Payments-as-a-Service solution to offer real-time payments to corporate clients in nine European countries.

SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world.

Through a combination of gpi and domestic real-time payments networks, SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while also ensuring ubiquitous availability of instant cross-border payments globally.

Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high-performance technology, is now live with Deutsche Bank, XTX Markets and Saxo Bank.

Cobalt has been developed to re-engineer post trade FX infrastructure and processes. Its automated technology matches all versions of a trade into a single ‘trusted copy’, freeing up post trade resources from multiple layers of reconciliation and cost; generating one immutable data set of FX transactions from which Cobalt and third parties can provide multiple services.