BrokerTec Launches Trading Solution for European Repo Markets: BrokerTec Quote
BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced it will launch BrokerTec Quote, a new dealer-to-client Request for Quote (RFQ) trading solution for the European Repo market.
Wednesday, May 22, 2019 - 09:49
CULedger Will Use R3’s Corda to Support Domestic and Cross-Border Transactions
CULedger has expanded its partnership with enterprise software firm R3 to further support domestic and cross-border payments for credit unions, also known as financial cooperatives, worldwide, on the Corda blockchain platform. Corda will serve as the underlying basis for CULedger’s new electronic funds transfer (EFT) product, CU Pay.
Wednesday, May 22, 2019 - 08:57
Finantix Appoints Tim Wood as CFO
Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, is delighted to announce the appointment of Tim Wood as Chief Financial Officer. Wood is the latest in a series of senior appointments by Finantix to support and engineer its continued expansion across the European, Asian and North American markets.
Wednesday, May 22, 2019 - 08:49
Khaleeji Commercial Bank Fully Compliant with the Central Bank of Bahrain’s Open Banking Directives
Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives.
Wednesday, May 22, 2019 - 07:02
FSS Payment Trends 2018 Report Released
FSS (Financial Software and Systems), a global payments technology company, today, released a report titled – India Payment Trends 2018, that highlights key Indian consumer payment trends in 2018 and analyzes their spending habits and patterns. FSS Payment Gateway processed 58% of India’s e-commerce transaction value amounting to USD 32.7 Billion.
The key highlights from the report include:
Wednesday, May 22, 2019 - 06:49
Tangem & Cyclebit Signed a Global Partnership Agreement
The Swedish company, Cyclebit, has signed a global partnership agreement with Tangem. Tangem smart note holders will soon be able to use their crypto for retail payments through more than 200,000 POS terminals within Cyclebit network.
The terms of the agreement will simplify purchase of Tangem notes for individuals, and reload crypto into Tangem notes via the Cyclebit payment terminals and network. This will lead to a global increase in crypto usage.
Wednesday, May 22, 2019 - 06:38
Raising the Bar with Automation and Talent: The Next Step for U.S. Finance & Accounting Shared Services Centers
According to a survey of industry leaders, ‘Utilizing technology to perform day-to-day finance processes’ was rated as the top challengeof the year (SSON, 2019). As organizations begin to realize the value-driving potential of technology, the extent to which finance leaders prioritize this will determine whether their organization will gain or lose its competitive edge.
Wednesday, May 22, 2019 - 06:25
Back to Banking: Let Technology Do the Heavy-Lifting
Banks no longer want merely to comply; they want to compete and win. Due to the post-crisis reporting obligations mandated by regulators globally, financial institutions have spent the past decade investing in improvements to their regulatory data management and reporting processes. Banks are discovering that this data represents a kind of raw material that can be used to add value to their core banking activities, and that now is the time to leverage it.
Tuesday, May 21, 2019 - 13:41
Wolters Kluwer Survey Shows Singapore Bankers Still in Preparation Stage for Upcoming Regulations
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has released research showing that the vast majority of banks active in Singapore are still in the data gap analysis stage of preparing for upcoming regulations MAS 610 / 1003 - with 76% of banks surveyed stating that they still in the preparatory phase.
Tuesday, May 21, 2019 - 13:27
Ivalua Secures $60 Million Funding and Billion-Dollar Valuation
Ivalua, a leading provider of global Spend Management cloud solutions, today announced that it has raised $60 million in growth equity funding to further accelerate its rapid growth. This capital raise values the company at a ‘unicorn’ level of more than $1 billion, making Ivalua one of only a handful of unicorns founded in France.
Tuesday, May 21, 2019 - 13:05