Flywire, a leading provider of international payment solutions, today announced that it has acquired PACE Invoice, a multi-currency invoicing platform provider based in London. With the acquisition, Flywire adds international invoicing to its cross-border payments and receivables services, enabling its business, education and healthcare clients to more easily link invoices to cross-border receivables, saving time and costs in invoice preparation and payment reconciliation.
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Flywire Acquires UK-based PACE Invoice
Thursday, June 1, 2017 - 10:48
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Financial IT
Swedish Central Bank Goes Live on Intellect Quantum for Improved Collateral Management
Intellect Design Arena Ltd, a digital technology product provider across Banking and Insurance, announced the successful rollout of Intellect’s Quantum Collateral Management Solution at Sveriges Riksbank, the oldest Central Bank in the World.
Thursday, June 1, 2017 - 09:50
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Swift Reveals FX Performance Insight Tool to Wider Financial Community
Since announcing the new Business Intelligence FX Performance Insights tool at Sibos 2016, SWIFT has extended the offering beyond G16 broker-dealers to now provide this service to the wider financial community.
Thursday, June 1, 2017 - 09:46
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Financial IT
Dubai's Fintech Hive Fields 100 Applications
FinTech Hive at DIFC, the region’s first FinTech accelerator launched by Dubai International Financial Centre (DIFC) earlier this year, has received over 100 applications from more than 32 countries for its inaugural programme.
Thursday, June 1, 2017 - 09:43
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Helping banks to break down silos
An interview with Madhur Jain of SunTec Business Solutions
Thursday, June 1, 2017 - 09:39
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Financial IT
Danske Bank Introduces IT Security Initiative
In the Nordic region, both businesses and consumers have inadequate IT security.
Danske Bank is now attempting to do something about this with its “Keep it safe” project, which is intended to improve IT security in the region by means of concrete advice and tests.
Danes have the least secure passwords, Norwegians know the least about IT security, Swedes have the most risky behaviour on the internet, and fewer than a third of Finns read the fine print when they sign an agreement on the internet.
Thursday, June 1, 2017 - 09:37
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Securities Depositories Requires Proxy Voting via Distributed Ledgers
CSD Working Group on DLT, an association of Central Securities Depositories working on developing reference products using Distributed Ledger Technology, has released product requirements for the proxy voting business case during the International Securities Services Association (ISSA) Operational Committee meeting in London on April 24, 2017.
Thursday, June 1, 2017 - 09:32
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Financial IT
Esma Green Lights Bloomberg Trade Repository
Bloomberg announced today that the European Securities and Markets Authority (ESMA) has approved Bloomberg Trade Repository Limited (BTRL) to operate a trade repository in Europe.
Thursday, June 1, 2017 - 09:25
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Financial IT
Portware Partners with Foreign Exchange Professionals Association
Portware, a FactSet Company and a leading global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced it has joined the Foreign Exchange Professionals Association (FXPA).
Launched in 2014, the FXPA is designed to engage key regulators and policymakers to advance a sound, liquid, transparent, and competitive global currency market.
Thursday, June 1, 2017 - 09:20
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Zain Joins Mastercard to Enhance Mobile Payments in Jordan
Zain has signed a strategic partnership agreement with Mastercard, a leading technology company in the global payments industry, to boost digital payment services in Jordan through ‘Zain Cash’ mobile wallet service powered by Mastercard.
Aimed at extending the benefits of the Zain Cash service to Zain’s growing subscriber base and enriching their experiences, the announcement was made on the sidelines of the World Economic Forum on the Middle East and North Africa, held recently in Jordan.
Thursday, June 1, 2017 - 09:17
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Financial IT
