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Blockchain is dead, long live the Blockchain

I’ve noticed a great deal of schadenfreude related to the R3 bump.  Lots of people saying that blockchain is past its sell-by date, R3 are bust and distributed ledgers are dead.  I think it’s related to the journalists who, having delighted in bigging up blockchain big time for the past two years are now reli

Tuesday, December 6, 2016 - 11:47
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Aquila Capital to Merge Norway’s Småkraft and Norsk Grønnkraft

Aquila Capital has reinforced its commitment to Norway by planning to merge Småkraft and Norsk Grønnkraft (NGK), to create the leading operator in the country’s hydropower market and the largest operator of small-scale hydropower plants in Europe.

Tuesday, December 6, 2016 - 11:23
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Aspectus Offers Communications Support to Swiss Finance Startups (SFS) Members
 Aspectus, the specialist communications agency for the financial services, energy, engineering and technology sectors, will now offer SFS members access to its award-winning communications services at a reduced rate.
 
Aspectus has developed a number of work packages for SFS members to help Swiss fintech businesses take their ideas global. Whether firms are launching new products, seeking investment or in need of a bigger profile or brand, Aspectus’ specialist fintech communications team is on hand.
 
Tuesday, December 6, 2016 - 11:14
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Atom Bank Reveals Digital Mortgages

Atom Bank, the UK’s first bank built exclusively for mobile, announces the launch of residential mortgages, available through selected independent mortgage advisers.

Atom obtained its banking licence in June 2015 and launched the new bank in April this year with two market-leading Fixed Saver accounts, along with SME lending via a panel of specialist business intermediaries.  It’s now adding competitive residential mortgages to its product suite.

Tuesday, December 6, 2016 - 11:00
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TSYS Renews its Payments Agreement with Advanzia Bank

TSYS (NYSE: TSS) announced that it has renewed its payments agreement with Advanzia Bank S.A., the largest issuer of credit cards in Luxembourg, to continue processing the bank’s consumer credit card portfolio. TSYS will also provide additional services such as fraud and risk management, verification and contactless card support.

Advanzia has a fast-growing portfolio of MasterCard credit cards across the Luxembourg, German, French and Austrian markets, transacting all of its business online. Advanzia was established in 2005 and has been a TSYS client since 2006.

Tuesday, December 6, 2016 - 10:49
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Percentile Unveils Tool to Address FRTB

Percentile, leading innovator in risk management and RegTech, today announced the launch of RiskMine FRTB Standardised Calculator, a tool which allows banks to meet the key requirements of BCBS’s new market risk capital standards.

Tuesday, December 6, 2016 - 10:47
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Financial IT speaks with Pelican at Sibos 2016

Financial IT speaks with Tristan Blampied, Senior Product Manager, Pelican at Sibos 2016.

Tuesday, December 6, 2016 - 08:50
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Financial IT
FICO Reveals Results for its FICO® Enterprise Security Score

Silicon Valley analytics firm FICO today announced impressive results for its FICO® Enterprise Security Score, which assesses the forward-looking cybersecurity risk of trusted third parties and business partners. The company’s research shows that its score is twice as accurate as competing scores in terms of forecasting the likelihood that a company will suffer material data loss from a breach.

Tuesday, December 6, 2016 - 08:44
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Financial IT December Issue 2016

In the coming months, mainstream media headlines will continue to feature political developments that at least appear more momentous than those of previous years. However, taken together, the articles in this edition of Financial IT indicate that the pace of change in that part of the universe where IT intersects with financial services is accelerating. Some of the developments that are discussed will give rise to headlines in the trade press, if not the mainstream media, within weeks.

Tuesday, December 6, 2016 - 08:37
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Financial IT
2C2P and Diners Club International to Increase Acceptance at Southeast Asia’s E-Commerce Merchants

2C2P, the leading Southeast Asian (SEA) payments services company, and Diners Club International, a subsidiary of Discover Financial Services and part of the Discover Global Network, announced that 2C2P is a global acquirer for all cards running on the Discover Global Network. 2C2P’s SEA merchants can now tap Diners Club International, Discover and other Discover Global Network cards as an additional payment method. 2C2P will increase acceptance in the SEA region allowing Discover Global Network cardholders to use their cards at an increased number of merchants in the region.  

Tuesday, December 6, 2016 - 08:16
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