Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for the months to come, banks will be expected to run stress tests to examine their resilience. However, why should this be limited to banks? To ensure the best levels of preparedness for future volatility, stress testing needs to be expanded to other market participants.

W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with neobanking group Jingle Pay to power a new digital solution for the unbanked and underbanked in the U.A.E. 

Wirecard, the global innovation leader for digital financial technology, and websms, a pioneer in mobile messaging, have come together to set new standards in mobile marketing. With this cooperation websms and Wirecard aim to make it possible to handle payment transactions in a simple way via SMS or directly in the chat messenger for the first time.

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Redburn (Europe) Ltd, the independent equity research and execution firm, today announced that they completed a successfu

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds Company based in Athens, selected Axia, Profile’s leading omni-channel and web-based investment management system, to efficiently address its fund and wealth management operations on a single platform supporting all of its investment activities in an fully automated environment.

UK SMEs are moving to accept card and contactless payments at an increasingly rapid rate as a result of the coronavirus crisis, according to findings published today by NatWest.

Judopay, a leading mobile-first payment provider, today announced that together with Mastercard, it will enable The Pharmacy Centre to take safe and secure payments through its new PaybyLink solution, as well as other digital payments.

RIMES, the global leader in data management and RegTech solutions, today announced the launch of the RIMES RegFocusSM BMR Dashboard, a new, cost-effective and simple-to-use service to help asset managers quickly understand their exposure under the EU Benchmarks Regulation (BMR).

Kompli-Global, the leading RegTech AML specialist, has formed a strategic partnership with digital identity and credential management platform, Yoti, to make life much more difficult for fraudsters and money launderers.

Instant payments are the ‘new normal’. The last decade saw a ramp-up in adoption as regulation, customer expectation and technology dovetailed to create immediate, 24/7 demand for financial services.

This means that banks and payment service providers (PSPs) who rely solely on speed of payments as a competitive differentiator will struggle to get ahead. The focus is now on leveraging instant payments rails to deliver value-added services that can drive a return on investment. Understanding where these opportunities lie, therefore, is crucial.