For the tenth time Path Solutions has won the category of ‘Best Islamic Technology Provider’ in the 2016 Islamic Finance news (IFN) Service Providers Poll conducted by Malaysia-based RedMoney Group. More than 55 percent of readers have endorsed their satisfaction in using iMAL Islamic core banking system from Path Solutions, which this year celebrates its 25^th birthday.

US based hedge funds are finding themselves under more scrutiny with regards to increasing regulatory demands on adherence to Cybersecurity requirements.  The SEC continues to release OCIE Risk Alerts that outline the multitude of requirements hedge funds need to be prepared to address, as well as disclose their specific solutions during audits.  With regulations approaching, the question being asked is how far will the regulators take this, and ultimately who is responsible? 

Temenos, the software specialist for banking and finance, today announces the launch of Digital Engagement, a set of modules within Temenos’ front-to back digital offering intelligent real-time customer marketing and engagement

Goldmoney Inc. (TSX:XAU), a financial technology company operating a global, 100%-reserved gold-based financial network, today announced the launch of P2P gold transfers for U.S. users at Money 20/20, the world's largest payments and financial services innovation event.

Intesa Sanpaolo, the leading Italian banking group, has used Bolero’s ePresentation to become the first nationwide Italian bank to issue an electronic import documentary credit, breaking new ground in digitisation of the country’s trade.

This pioneering use of an electronic trade instrument slashed the time it took to administer a transaction involving a major Italian thermoplastics company and its Indian supplier and was introduced by the Global Transaction Banking department at Intesa Sanpaolo as part of its drive to increase digital innovation in trade finance.

Yoyo Wallet, the fast growing mobile wallet company, has begun its move to change the payment and loyalty strategies of UK high street retailers, with partnerships between Planet Organic, Fernandez & Wells and

TSYS  announced that it has signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card issuers. Under the agreement, TSYS will process authorisations for Optal’s significant virtual payments card business.

With offices in Australia, UK and Hong Kong, Optal is a worldwide company that provides end-to-end B2B payments services. Their products include virtual account numbers (VANs) that ensure supplier payments are processed quickly and safely, enabling automated reconciliation at the point of sale.

 InvestCloud, LLC, the world’s largest Digital Applet Platform specifically designed to meet the needs of all types of financial services organizations, today announced that it has entered into a non-exclusive joint business relationship with PwC designed to accelerate adoption and implementation of the InvestCloud Digital Applet Platform.  PwC will be a preferred implementation and strategy partner of InvestCloud focused on enterprise delivery and innovative development of new financial applet capabilities.

SETL, the London based financial blockchain specialist, and Cobalt DL, a private peer-to-peer network that reduces post trade cost and risk for financial market participants through distributed ledger technology, today announced a partnership to deploy the SETL OpenCSD within the Cobalt FX post trade platform. The service is set to launch in 2017, with 15 leading institutional FX participants already committed to the service.