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.
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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.
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.
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.
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.
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.
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.
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: