Cambodia Post Bank (CPB) has selected Fiorano ESB to integrate its Temenos T24 core banking system with National Bank of Cambodia (NBC)’s FAST (Fast and Secure Transfer) system. NBC is the central bank for the Kingdom of Cambodia and as the monetary and supervisory authority, has introduced the FAST inter-bank transfer system to enhance transparency and reduce cash circulation.

Guidewire Software, a provider of software products to Property/Casualty (P/C) insurers, announced that American Modern Insurance Group, a leading provider of residential and recreational specialty insurance, has successfully deployed Guidewire PolicyCenter® and Guidewire BillingCenter®.

“We applaud American Modern on their success with Guidewire products and look forward to other successful milestones in their journey to adapt and succeed in today’s rapidly-changing insurance marketplace,” said Mike Polelle, chief delivery officer, Guidewire Software.

Responding to increased demand for sophisticated data analysis on the issues that are driving the future of payments, retail and commerce, PYMNTS.com has launched What’s Next Data Analytics™ (What’s Next™).

Vroozi announced this month the release of a free trial that allows any user to experience the mobile-enabled procurement platform for 30 days. Within the trial, users are able to experience a complete end to end procurement cycle from requisitioning products and services to creating delivery confirmations for purchase orders.

Diners Club International Ltd., as part of Discover Global Network, and JSC Kazkommertsbank, one of the largest acquirers and credit card issuers in Kazakhstan, will commence Diners Club card business operations in Kazakhstan.

TMX Market Insights today announced that it has named John Willock as Director, TMX Datalinx, effective September 26, 2016.

Reporting directly to Eric Sinclair, President, TMX Market Insights and Group Head of Information Services, TMX Group, Mr. Willock will be responsible for managing the suite of TMX Datalinx real-time products and services, including all equities, derivatives and TMX Information Processor feeds.

Outscale, an IaaS Enterprise Class Cloud service provider and a strategic Partner of Dassault Systemes, innovates once again by introducing per-second billing. This announcement is a true breakthrough in the world of cloud computing. By paying only for the resources they use, companies and organizations can save hundreds of thousands of dollars each year, which frees up financial resources to invest in strategic projects and foster their growth. With this announcement, Outscale aims to provide more transparency to its customers and boost the transition to Cloud adoption.

Ripple, the global provider of financial settlement solutions, today announced the addition of several financial institutions to its growing network. Standard Chartered, National Australia Bank (NAB), Mizuho Financial Group (MHFG), BMO Financial Group, Siam Commercial Bank (SCB) and Shanghai Huarui Bank are now among the global banks that have adopted Ripple to improve their cross-border payments.

I’ve spent a lot of this week talking about marketplaces.  We have a growing number of financial marketplaces appearing.  Lending marketplaces, credit marketplaces, payments marketplaces and more.  A marketplace is the bazaar.  Market stall holders gather to meet with prospective clients, and the digital version of the marketplace is the focal point for many FinTech start-ups, as they can create stalls here that become major technology businesses like Stripe and Square.  For the banks, they have to think different.  Banks have the regulatory licence to be marketplace owners.  They can creat

The proverbial table for asset management’s evolution has been set for quite a while. Some would say what started with the financial and regulatory effects of the Great Recession has now bubbled to the surface, manifesting itself in the form of high overhead, lower AUM and, subsequently, fewer managers. Regarding actively managed assets, the US-based Investment Community Institute (ICI), cited a net outflow of $835 billion from 2007 to 2015.