Boku - Direct Carrier Billing Expands in Europe
- 8 years 7 months ago
- Trade Finance
Boku announced new carrier partnerships in Germany and Italy to power carrier billing on Spotify. This is an expansion of Boku’s existing global partnership with Spotify that first launched in the United Kingdom and includes every major carrier in Germany and one of the leading Italian mobile operators. With these new agreements, nearly 90 million mobile subscribers across these markets will be able to purchase Spotify Premium subscriptions... more
UK Outruns Singapore As the Second largest Offshore RMB Clearing Centre
- 8 years 8 months ago
- Trade Finance
According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by... more
New Online Brokerage 'Tradovate' Goes Live
- 8 years 8 months ago
- Trading Systems, Trade Finance, Foreign Exchange
Tradovate, LLC, a new online brokerage firm for active, self-directed futures traders, announced today that the firm is now launched and accepting business. Tradovate is the first futures brokerage firm to offer flat-rate membership fees, dispensing with the industry-standard commission structure.
Fiserv DNA Selected by Three Credit Unions
- 8 years 8 months ago
- Trading Systems, Trade Finance, Payments
Fiserv announced that during a two-week period in the fourth quarter of 2015, three credit unions successfully implemented DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv. The credit unions include: Neighbors Federal Credit Union ($724 million in assets), based in Baton Rouge, Louisiana; Texas Dow Employees Credit Union ($2.7 billion in assets), based in Lake Jackson, Texas;... more
IMM’s eSignature technology attracts new credit union
- 8 years 8 months ago
- Transaction Banking, Trade Finance, e-Invoicing
CUSA Federal Credit Union listened to its members’ requests for a way to view and sign documents remotely, without coming into a branch. In August 2014, the Covington, La.-based credit union implemented IMM’s eSignature technology, and has since increased loan volume by nearly three percent.
Nasdaq Selected by ASX to Support Post-Trade Technology Overhaul
- 8 years 9 months ago
- Trade Finance
Nasdaq (Nasdaq:NDAQ) and Australian Securities Exchange (ASX) have announced that Nasdaq will replace ASX's existing equities and equity options clearing technology platforms -
The 11th Annual World Takaful Conference to Open its Doors in April
- 8 years 10 months ago
- Trade Finance, Banking
The 11th Annual World Takaful Conference (WTC 2016) will be held on the 11th and 12th of April 2016 at the Dusit Thani in partnership with the leading takaful companies from from the GCC, Southeast Asia, Africa and Europe. The Forum is set to gather more than 250 Takaful professionals from around the world comprising of policy makers, dignitaries, central bank representatives, heads of insurance supervision, CEOs of the largest Takaful companies... more
RHB Selected Fidessa's Trading Platform
- 8 years 10 months ago
- Trade Finance, Banking
Fidessa group plc (LSE: FDSA) today announced that RHB Investment Bank (RHB), a premier Malaysian bank, has implemented Fidessa as its strategic trading platform across Asia. The platform, managed by Fidessa throughout the region, provides advanced capabilities including algorithmic trading across all member markets, intelligent IOIs and a centralised order management system with integrated middle-office supporting RHB's growing regional... more
Surecomp’s DOKA 5 Trade Finance System Implemented by Isbank Germany
- 8 years 11 months ago
- Trade Finance, Banking, Infrastructure
Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has commenced production with DOKA 5, Surecomp’s configurable back-office solution for documentary trade finance.
Traiana and Trax Team Up to Offer Repo Matching Service
- 8 years 11 months ago
- Trade Finance
Traiana, a leading provider of pre-trade risk and post-trade processing solutions and Trax, aleading provider of capital market data, trade matching and regulatory reporting services, today announce that they have entered into a business alliance to offer the industry an interoperable Repurchase Agreement (repo) matching service to support efficient, automated, operational processes ahead of significant regulatory change.
Swift India Announced Partnership with Barclays
- 8 years 11 months ago
- Trade Finance, Payments, Banking, Treasury
Swift India announced that Barclays selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers. Eleven banks in India have already selected SWIFT India and are currently under implementation.
US Dollar Remains Global Dominant in Trade and Currency Payments
- 9 years 1 week ago
- Trade Finance, Payments
New research published today sheds light on the patterns of trade and currency payments between the Europe, Americas and Asia-Pacific regions from 2012 to 2014 and examines the key drivers behind currency choices and regions of growth.
DTCC’s Omgeo Announced Partnership with SimCorp
- 9 years 1 week ago
- Trade Finance, Infrastructure
The Depository Trust & Clearing Corporation (DTCC)’s Omgeo subsidiary, the global standard for institutional post-trade efficiency, and SimCorp, the leading provider of investment management solutions and services, today announced that the first live repurchase agreement (repo) trade has been automatically processed in SimCorp Dimension and Omgeo Central Trade ManagerSM (Omgeo CTM) between
TWSE to Release Online Rules and Regulation Directory
- 9 years 4 weeks ago
- Trade Finance, Foreign Exchange, Regulatory Standards
The Taiwan Stock Exchange (TWSE) has launched an online ‘Rules & Regulations Directory’, providing international investors and the media with a centralized location for all 238 Taiwan capital market regulations in both English and Chinese.
Swissquote enhanced its FX trading platform
- 9 years 1 month ago
- Trade Finance, Foreign Exchange, Market and Reference Data
Swissquote, Switzerland's online bank, just added new currency pairs and Forward CFDs to its already bountiful offer of trading products. The addition of the US Dollar vs Offshore Chinese Yuan pair is a logical step in the bank's affirmed strategy to develop its Asian business from its Hong Kong offices. Since Beijing has allowed the yuan to trade more freely, the currency has also become greatly sought after by traders looking to venture off... more
