The T+2 Industry Steering Committee (T+2 ISC) has released a white paper today outlining the timeline and activities required to move to a two-day settlement cycle (T+2) in the U.S. by the end of Q3 2017.
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Orc, the global market leader in electronic trading technology for listed derivatives, today announced a contract with Sberbank CIB – the corporate and investment banking business of Sberbank, which is Russia’s largest bank and one of the leading global financial institutions.
Equiniti Pancredit is putting responsible lending back at the heart of the consumer credit market with the launch ofFairMoney, a loan comparison site that uses the applicant’s credit profile to match them to the best loans available for their circumstances.
IFAD, a United Nations agency, today recognised WorldRemit’s role in shaking up the global money transfer industry.
International Fund for Agricultural Development (IFAD), which focuses on agricultural development and financial inclusion, named WorldRemit winner of its 2015 private-sector award for Best Practice in Remittances for Development, ahead of fourteen other nominees.
The Emerging Payments Association (EPA) today announces the launch of its incubator for early stage payments companies, the Catalyst. The Catalyst provides access to investors, workspace, mentors and commercial partners in association with MasterCard and The Bancorp. The Catalyst beneficiaries – its ‘Rising Stars’ - are new entrants to the fintech industry, mostly founder-owned and with a combined investment and revenue between £0.5m and £2m in the last twelve months.
ClusterSeven, a leading provider of solutions to manage corporate spreadsheets and other end-user computing (EUC), today announced that it has secured new finance from private equity firm Azini Capital Partners LLP (“Azini”). Azini has acquired 100% of ClusterSeven and will be providing additional investment to promote high quality and wider customer engagement.
Elliptic, the bitcoin analytics and security firm, today announced a breakthrough in bitcoin transaction monitoring and compliance. In an industry first, the company has launched ‘The Bitcoin Big Bang’, an interactive visualisation that plots the emergence and interconnectivity of the key players in bitcoin since its genesis in 2009.
Intellect Design Arena Ltd, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Bank of Ceylon (BOC), a leading foreign bank from Sri Lanka has chosen Intellect’s One Treasury Solution to drive end-to-end treasury management for their India operations.
MasterCard today announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker; as well the creation of two sub-regions – North East Asia and Australasia (NEAA) and South East Asia and South Asia (SEASA).
Mitek today announced that it has completed the acquisition of IDchecker, a global provider of cloud based identity document verification and facial recognition solutions.