MUFG Signs Agreement with Saudi Arabian General Investment Authority to promote Japanese investment in the Kingdom
- 5 years 9 months ago
- Investment Management, Banking
MUFG Bank today announced it has signed an agreement with the Saudi Arabian General Investment Authority (SAGIA) to promote Japanese investment in the Kingdom of Saudi Arabia.
Commerzbank, Deutsche Börse and MEAG to reach further step in post-trade services using distributed ledger technology
- 5 years 9 months ago
- Banking
Commerzbank, Deutsche Börse and MEAG, the Asset Manager of Munich Re and ERGO, have reached a further step in examining the scope of distributed ledger technology in post-trade services. The partners successfully completed the settlement of a legally binding secondary market securities transaction via tokens; Commerzbank further used the tokenized cash as collateral at Eurex Clearing as Central Counterparty.
PayQwick Appoints Bob Craig as Chief Operating Officer and Expands Leadership Team
- 5 years 9 months ago
- Wholesale Banking
PayQwick, a financial services company which delivers comprehensive banking and treasury solutions to emerging businesses, is pleased to announce several new additions to its management team.
Standard Chartered to offer domestic cash management services in Europe
- 5 years 10 months ago
- Wholesale Banking
Standard Chartered will offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure. The infrastructure is scheduled for completion in mid-2020, and in addition to existing high- value clearing, transactional FX and pooling services the bank currently offers, it is developing additional services including: virtual... more
Participants of Elevator Lab Program 2019/20 announced
- 5 years 10 months ago
- Banking
Yesterday, the jury of Raiffeisen Bank International’s (RBI) Elevator Lab selected from 14 finalists six winners who will be allowed to participate in the third round of the Fintech Partnership Program. Supported by RBI experts and mentors, the participants will develop socalled PoCs (Proof of Concept), which they will present on the Demo Day at the beginning of March 2020. On this basis, RBI will evaluate possible cooperations.
Archax selects R3’s Corda Enterprise platform for digital exchange DLT infrastructure
- 5 years 10 months ago
- Banking, Wholesale Banking
Archax, the London-based institutional digital securities exchange, today announced a partnership with R3, the enterprise blockchain software firm. Under this partnership, Archax will use R3’s Corda Enterprise platform to handle post-trade activities on a distributed ledger.
Equiniti Credit Services and Credit Kudos Power Enhanced Credit Decisioning with Open Banking Partnership
- 5 years 10 months ago
- Banking
Equiniti Credit Services, the UK’s leading consumer credit technology and outsourced services provider, today announces it has partnered with FCA-authorised credit bureau and Account Information Service Provider (AISP), Credit Kudos.
New Survey Shows Key Role of Technology in Client Acquisition
Finantix, the leading global provider of trusted technology to the wealth management, insurance, and banking industries, today launched the first part of a wealth management market survey, "New Client Acquisition: How can technology drive sales effectiveness in wealth management”. In this first chapter the research looks to identify the drivers for next generation client acquisition in wealth management and what part technologies have to play... more
Habib Bank AG Zurich is ready for PSD2 with Salt Edge’s solution
- 5 years 10 months ago
- Banking
The PSD2 API of Habib Bank AG Zurich went live on 13 September. This API is developed by Salt Edge for Habib Bank AG Zurich to enable new open banking capabilities and provide full PSD2 compliance.
Santander Leads EUR35 Million Series B in Debt Marketplace CrossLend
- 5 years 10 months ago
- Wholesale Banking
Santander InnoVentures is leading a €35 million funding round in pan-European digital debt marketplace CrossLend. The Series B financing round in the Berlin-based marketplace also includes funding from existing investors Lakestar, ABN AMRO Ventures, and Earlybird. Founded in 2014, CrossLend provides a digital debt marketplace for consumer, SME, invoices, mortgages and other forms of debt originated by banks and alternative originators. CrossLend... more
Path Solutions holds the record for winning the same category for a 13th year at IFN Service Providers Poll 2019
- 5 years 10 months ago
- Islamic Finance, Financial
Path Solutions, the global provider of Islamic software solutions and services today announced that it was voted ‘Best Islamic Technology Provider’ at Islamic Finance news Service Providers Poll 2019.
FinTech partnership helps UK banks and financial institutions stay competitive with SME customers
- 5 years 10 months ago
- Banking, Core Banking
Today five°degrees; a digital core banking provider announces its partnership with Codat, a London based FinTech helping banks to integrate with the multiple accounting platforms their customers use to run their businesses – all through a single API. The collaboration between five°degrees and Codat strengthens the position of the two companies within the SME lending industry, provisioning for the needs of banks and financial institutions to help... more
Gresham delivers flexible real-time solutions to meet corporate treasury demands
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management returns to EuroFinance with news of enhanced technology solutions for corporate treasury operations. Phil Boland, Gresham, Managing Director, Cash Management Solutions commented:
ICS Financial Systems to Participate at Islamic Finance Week 2019 - AIFC
- 5 years 10 months ago
- Banking
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the Astana International Financial Centre (AIFC) - Islamic Finance Week’s third annual conference organized by the Bureau for Continuing Professional Development (BCPD), to showcase its awards-winning ICS BANKS ISLAMIC banking application, exchange intern
Path Solutions upgrades Maisarah’s core banking platform for enhanced performance
- 5 years 10 months ago
- Banking, Islamic Finance
Path Solutions, the global Islamic banking software company, today announced that Maisarah Islamic Banking Services of BankDhofar has successfully upgraded its core banking platform to the latest version of iMAL.