As part of its continued commitment to making money transfers easier for customers, MoneyGram has signed an agreement with Millicom, the parent company of Tigo Money, to launch mobile cash receive services into more than 1 million Tigo Money mobile wallets in El Salvador.
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The herding mentality in finance is a recurring theme. We have seen it take place both during the dot-com boom and the mortgage crisis. Recently, it is fintech startups and the solutions that they develop which have attracted interest. Smart Contracts (SC) are a recent example of a solution that’s beginning to turn heads. One often hears SC associated with Blockchain, another big fintech buzzword.
Smart Contracts (SC) serve as a programmable layer that sits on top of a Blockchain. There are various ways to characterise the way SCs work, such as:
The role of aesthetics and design in financial technology has long been underestimated. While most technology providers struggle for functional execution and speed, the aesthetic components of their programs often leave much to be desired. A meaningful balance between practical functionality and aesthetic value can therefore be key to success in the market. The digital solutions for client communication, client management, and client automation created by InvestCloud address this combination.
Deloitte announced this morning that it is working with five prominent blockchain companies – BlockCypher, Bloq, ConsenSys, Loyyal (formerly known as Ribbit.me) and the Stellar Development Foundation – to provide new technological capabilities to its global financial institution clientbase.
Deloitte is developing 20 blockchain-related prototypes that cover a multitude of uses such as digital identity, digital banking, cross-border payments, and loyalty and rewards, as well as in the investment management and insurance sectors.
Itiviti announced the release of two new gateways in the equity options space, augmenting the current offering of Chicago Board Options Exchange (CBOE) and CBOE’s C2 with connectivity to Nasdaq PHLX and the International Securities Exchange (ISE).
ACI Solutions, a provider of secure IT services ranging from unified communications to cyber security for government and enterprise clients; and Intelligenx, a provider of the next generation of Threat Intelligence Software where the human factor is the key component identifying actors behind any Cyber attack.
iMeta Technologies Ltd., a leader in Onboarding and Client Lifecycle management technology for financial institutions, has launched a video animation on Client Onboarding for financial institutions.
Click here to view video: https://www.youtube.com/watch?v=-DFyp6itCCI
In the video, iMeta describes the challenges investment banks and capital market firms have when onboarding new and existing clients, such as:
AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that PNC, one of the largest banks in the United States, will deploy the AxiomSL platform to meet regulatory reporting requirements, such as FR Y9c, 14 M/Q and 5G/2052a, across the U.S., Canada and the Bahamas.
Credits, a blockchain infrastructure provider is partnering with Skyscape Cloud Services Limited, to deliver Blockchain-as-a-Service to UK public sector organisations.