All content with RSS

­­­Temenos smooths banks transition from London Interbank Offer Rate (LIBOR) to Risk-Free Rates (RFRs)

Temenos (SIX: TEMN), the banking software company, announced the availability of its updated banking software products to ease banks’ transition from the London Interbank Offered Rate (LIBOR) to alternative Risk-Free Rates (RFRs), which is mandated by year-end 2021. Temenos software covers the full range of banking products that can be linked to the global benchmark including corporate loans, floating-rate notes, and interest-rate swaps.

Thursday, April 9, 2020 - 13:01
32716
/news/banking/temenos-smooths-banks-transition-london-interbank-offer-rate-libor-risk-free-rates-rfrs
Financial IT
PPS Powers koto – The First E-money Account to Provide Credit

PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its partnership with koto, the new credit app which offers a unique combination of e-money with credit for a fixed fee.

Leading the way in digital payment innovation, koto’s strategic partnership with PPS carries with it two industry firsts; not only is it the first e-money account to offer credit, but is also the first to launch with integration to the major mobile digital wallets.

Thursday, April 9, 2020 - 12:07
32715
/news/payments/pps-powers-koto-first-e-money-account-provide-credit
Financial IT
Finantix confirms closing of acquisition of InCube, bringing its AI and data science expertise into its wealth management and insurance portfolio

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, confirms the closing of its acquisition of InCube Group AG on April 8 2020.

The acquisition of Zurich-based InCube brings Artificial Intelligence (AI) enabled offerings and solutions to Finantix. Those have been developed by an interdisciplinary team of machine learning specialists, quant and software engineers and finance experts.

Thursday, April 9, 2020 - 11:53
32714
/news/ma-deals/finantix-confirms-closing-acquisition-incube-bringing-its-ai-and-data-science
Financial IT
VAKT ecosystem expands commodities inspection services with Intertek

AKT, the company re-imagining commodity post-trade processing underpinned by blockchain, has partnered with leading total quality assurance provider, Intertek, to bring its first-class commodity testing, inspection and certification services to the platform.

Intertek joins an ecosystem that already includes some of the world’s largest commodity trading companies, CTRM systems, inspection and paperless trade services. Day by day, the VAKT vision of digiatlised global commodities post-trade processing is taking shape.

Thursday, April 9, 2020 - 08:10
32711
/news/blockchain/vakt-ecosystem-expands-commodities-inspection-services-intertek
Financial IT
FICO Addresses Critical Resiliency Issues for Financial Services in Virtual Event

As financial services providers worldwide come under unprecedented pressure from the coronavirus pandemic, analytics software firm FICO has launched a global virtual event aimed at helping leaders manage operations, customers and new fraud scams in the current crisis.

Thursday, April 9, 2020 - 08:04
32710
/news/financial/fico-addresses-critical-resiliency-issues-financial-services-virtual-event
Financial IT
Lendsmart Automates & Digitizes Paycheck Protection Program SBA Loan Application Process

Amid the COVID-19 crisis, Lendsmart, an end-to-end solution enabling banks and credit unions to completely digitize their lending and home buying operations, has repurposed its proprietary technology to help financial institutions automate and digitize the Paycheck Protection Program (PPP) SBA loan application form.

Thursday, April 9, 2020 - 07:31
32708
/news/lending/lendsmart-automates-digitizes-paycheck-protection-program-sba-loan-application-process
Financial IT
Creatio partners with Tata Consultancy Services to drive customer experience across marketing, sales and services

Creatio (formerly bpm’online), a global software company providing a leading low-code platform for process management and CRM, is announcing its partnership with Tata Consultancy Services (TCS), a global IT services, consulting, and business solutions organization. The partnership will help global enterprises automate marketing, sales and services teams so they can operate with greater efficiencies and agility and deliver optimal customer experience.

Wednesday, April 8, 2020 - 17:13
32707
/news/bpm/creatio-partners-tata-consultancy-services-drive-customer-experience-across-marketing-sales
Financial IT
MuchBetter and Winwatch launch world’s first analogue watch with “payment glass”
Wednesday, April 8, 2020 - 16:44
32706
/news/payments/muchbetter-and-winwatch-launch-worlds-first-analogue-watch-payment-glass
Financial IT
Uber Eats partners with Mastercard to commit an additional 40,000 meals for NHS staff

From today, an additional 40,000 free meals will be available to NHS heroes on Uber Eats.

Together, Uber Eats and Mastercard hope this will help reduce the pressure on the heroes on the frontline of the coronavirus crisis.

NHS staff will receive a £10 voucher, donated by Mastercard, that they can use on the Uber Eats app to buy a meal from thousands of restaurants and convenience stores in more than 150 towns and cities across the UK.

Toussaint Wattinne, Uber Eats General Manager, UK said:

Wednesday, April 8, 2020 - 16:38
32705
/news/covid-19/uber-eats-partners-mastercard-commit-additional-40000-meals-nhs-staff-0
Financial IT
rossfaulds@alphafx.co.uk
Wednesday, April 8, 2020 - 16:29
32704
/content/rossfauldsalphafxcouk

Pages