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