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Standard Chartered to offer domestic cash management services in Europe

Standard Chartered will offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure.

The infrastructure is scheduled for completion in mid-2020, and in addition to existing high- value clearing, transactional FX and pooling services the bank currently offers, it is developing  additional services including: virtual accounts, enhanced pooling and liquidity services, API capabilities, low-value clearing and UK Faster Payments.

Friday, October 18, 2019 - 12:27
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CICC Upgrades Wealth Management Strategy and Officially Launches “CICC Wealth Management” Brand

China International Capital Corporation Limited (CICC and “the Company”, 3908.HK) has just held the CICC Wealth Management Strategy Upgrade Conference 2019 in Shenzhen today under the theme of “Building Our Future through Partnerships, Achieving Life Goals to the Fullest” and announced the official launch of its wealth management brand “CICC Wealth Management”. More than 700 guests were invited, including government officials, regulatory authorities, customer representatives, shareholder representatives and employee representatives.

Friday, October 18, 2019 - 12:05
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Participants of Elevator Lab Program 2019/20 announced

Yesterday, the jury of Raiffeisen Bank International’s (RBI) Elevator Lab selected from 14 finalists six winners who will be allowed to participate in the third round of the Fintech Partnership Program. Supported by RBI experts and mentors, the participants will develop socalled PoCs (Proof of Concept), which they will present on the Demo Day at the beginning of March 2020. On this basis, RBI will evaluate possible cooperations.

Friday, October 18, 2019 - 11:49
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Two-thirds of organisations have no dedicated data function

More than two thirds of organisations have no dedicated analytics or data science function, according to *1,000 respondents in an MHR Analytics poll.

With *69% of organisations lacking internal data science expertise, data analytics specialist MHR Analytics has compiled the five best solutions to help organisations start to optimise their business intelligence and move on from manual spreadsheets.

Friday, October 18, 2019 - 11:42
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ACA Compliance Group opens new office in Birmingham to expand European presence

ACA Compliance Group (ACA) today announced the expansion of its European presence with the opening of a new office in Birmingham. From this new location, ACA will offer a full suite of services designed to strengthen and streamline financial services firms’ governance, risk and compliance arrangements.

Friday, October 18, 2019 - 11:36
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Archax selects R3’s Corda Enterprise platform for digital exchange DLT infrastructure

Archax, the London-based institutional digital securities exchange, today announced a partnership with R3, the enterprise blockchain software firm. Under this partnership, Archax will use R3’s Corda Enterprise platform to handle post-trade activities on a distributed ledger.

Friday, October 18, 2019 - 10:12
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Wirecard powers new Swiss Post China cross-border e-commerce marketplace

Wirecard, the global innovation leader for digital financial technology, is providing the payment solution for Swiss Post's “Your Gateway to China” service. Thanks to the “Your Gateway to China” service, Swiss retailers can easily offer their products directly to Chinese consumers through major virtual marketplaces.

Friday, October 18, 2019 - 10:02
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/news/payments/wirecard-powers-new-swiss-post-china-cross-border-e-commerce-marketplace
CFO Summit - Are you a Finance leader?

If so, the 37th CFO Summit will help you gain insight into new #strategic approaches that meet the ultimate goal of reducing #cost and improving #operational #efficiency.

When: November 7-9, 2019

Where: Four Seasons Resort & Club at Las Colinas| Irving, TX

The 37th CFO Summit program will include presentations from the likes of:

Friday, October 18, 2019 - 09:41
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W H Smith and Funky Pigeon partner with Mastercard to launch online payments via ‘Pay by Bank app’

Mastercard has entered into an agreement with WHSmith.co.uk, Funky Pigeon, Cult Pens & The Card Gallery to offer ‘Pay by Bank app’ to online shoppers.

Friday, October 18, 2019 - 09:04
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Best Execution in the US: Three Things Broker-Dealers Need to Think About​

As we head into 2020, US broker-dealers are preparing for new mandates on how they report transactions back to customers. The requirements – established by the Securities and Exchange Commission’s (SEC) updates to Rule 606 – aim to bring investors greater transparency and an assurance that orders are handled in line with the principles of best execution.

Friday, October 18, 2019 - 05:14
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