Online money transfer service WorldRemit has launched in five countries in South America and Eastern Europe. WorldRemit customers can now send money transfers direct to the bank accounts of their friends and family in Chile, Czech Republic, Hungary, Slovenia and Bulgaria.
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Bondcube, the Fixed Income trading platform, is pleased to announce that ITG, the independent execution broker, has been appointed as a US trading intermediary for Bondcube’s buy-side to buy-side trades.
As a US trading intermediary on Bondcube, ITG will facilitate the settlement of trades between buy-sides. The partnership will increase the probability of a match for clients of both firms by allowing ITG clients access to the additional Bondcube liquidity and participants and vice-versa.
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the results of its Global Post-Trade Survey used to determine the use of FIX in the post-trade workflow. An overwhelming majority of respondents asserted their use of FIX for the confirmation/affirmation process.
New research has forecast that mobile data traffic, generated by Smartphones, Featurephones and Tablets, will approach almost 197,000 PB (Petabytes) by 2019, equivalent to over 10 billion Blu-ray movies, according to Juniper Research.
However, the research found that only 41% of the data generated by these devices will be carried over cellular networks by 2019, with the majority of mobile data traffic offloaded to Wi-Fi networks.
DST, a global provider of strategically unified data management, business processing, and customer communication solutions, today announced that Opendoor, an e-commerce platform designed to deliver operating efficiencies and improved customer service to wealth managers, has been selected for use by Old Mutual Wealth in the UK.
Interactive Data, a leading provider of fixed-income evaluated pricing, announced today that its Liquidity Indicators Service will be available in July. The innovative service leverages the same award-winning* fixed income evaluated pricing and reference data content that supports pricing and trading functions at the world’s leading buy-side and sell-side firms, and incorporates input from a range of its clients.
FIS (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, today announced that its FIS’ Clear2Pay Open Test Solutions group has been confirmed by Visa for Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV enabled contact and contactless payment devices in the United States.
Fundtech, now a part of D+H, is a market leader in global transaction banking solutions and today released a white paper on the reemerging relevance of embedded derivatives, and how this corporate accounting burden can be transformed into a business benefit. Titled, “Tackling the Challenge of Embedded Derivatives,” the white paper explains how automating receivables can simplify accounting for embedded derivatives, and ultimately mitigate accounting risk and optimize working capital.
Global investment bank Natixis has become the latest to adopt RiskFirst’s real-time analytics and reporting platform, PFaroe. Natixis will use PFaroe to help clients better understand the risk inherent with their defined benefit pension liabilities, allowing more effective solutions.
Intuit (Nasdaq:INTU) today announced Sync with PayPal, a new app that allows small businesses to simplify complex, time-consuming tasks with seamless QuickBooks Online data integrations.