AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solutions
- 5 years 3 days ago
- Islamic Finance, Financial
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) carried out a rigorous process of testing the compliance of iMAL Islamic financial software and issued a certificate to confirm its compliance with AAOIFI’s Shari’ah and Financial Accounting standards.
Integral Reports Average Daily Volumes of $36.3 Billion for December 2019
- 5 years 4 days ago
- Financial
Integral, the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $36.3 billion in December 2019. This represents an increase of 6.8% compared to November 2019.
Cloud Powers Digital Transformation for Two UK-based Credit Unions
- 5 years 1 week ago
- Financial
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has announced that Manchester-based Voyager Alliance Credit Union and its associate entity, Retail Credit Union, have successfully moved to the TCS BaNCS™ Cloud for Banking to digitally transform their core banking operations and enable faster payments.
RoboMarkets Launches Mobile Version of R Trader
- 5 years 1 week ago
- Financial
RoboMarkets, a European investment company that provides financial services to clients from many European Union countries, announces a mobile version of R Trader, the Company’s proprietary web platform. RoboMarkets released the terminal’s mobile version due to the key demand for it on behalf of the Company's clients.
Deluxe Adds Lockbox Processing Assets and Establishes Reseller Agreement With Fiserv
- 5 years 3 weeks ago
- Financial
Deluxe, a Trusted Business Technology™ company, today announced it has added the Remittance Solutions assets of Fiserv – which include lockbox processing – complementing its Deluxe Treasury Management portfolio of solutions.
Bottomline Recognised as Industry Leader at Document Manager Magazine Awards
Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced it has been recognised with the award for ‘Accounts Payable / Invoicing Product of the Year’ by Document Manager Magazine’s DM Awards. Bottomline was selected for its integrated invoice automation solution, which replaces manual processes and accelerates payables processing.
Financial identities for world’s unbanked would add USD $250BN to global GDP according to new study
- 5 years 1 month ago
- Financial
A new report published today projects that establishing financial identities for the world’s financially excluded – or “unbanked” – population would add an extra USD $250 billion to global gross domestic product (GDP), mainly from developing nations in Asia and Latin America. This is the equivalent of bringing the productive potential of a country the size of Vietnam - a country of 95 million people - into the formal global economy.
Kraninger Marks First Year As Director Of The Consumer Financial Protection Bureau
- 5 years 1 month ago
- Financial
Today, Consumer Financial Protection Bureau Director Kathleen L. Kraninger made the following statement regarding her Dec. 11 one year anniversary leading the Bureau:
FintechOS Raises GBP 10.7 million (USD 14 million) Series A for Global Expansion
- 5 years 1 month ago
- Financial
FintechOS, the next generation of hyper-personalised, automated financial technology, announced today it has secured GBP 10.7 million (USD 14 million) of Series A investment.
AccessFintech partners with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan to standardise the industry’s settlement workflow
- 5 years 1 month ago
- Financial
AccessFintech, which delivers collaboration, transparency, shared use cases and control to the financial industry, announces today that it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process. AccessFintech has partnered with four leading investment banks in this effort.
Pancreta Bank to optimize regulatory compliance with Finastra
- 5 years 1 month ago
- Financial
Finastra today announced that Pancreta Cooperative Bank, a leading cooperative organization in Greece with more than 85,000 active members, has selected its Fusion Risk solution to automate regulatory reporting and minimize the cost of compliance.
PayNearby wins ‘Best Fintech Innovation in Financial Inclusion’ Award
- 5 years 1 month ago
- Financial
PayNearby, India’s largest hyperlocal FinTech network has won the ‘Best Fintech Innovation in Financial Inclusion’ award for offering last mile access to consumers in the underbanked sectors across the country. PayNearby was selected based on the organization’s operational performance over the last year, innovative technology & commitment to the development of the underserved of the country. The India Finance Inclusive Awards was presented... more
Fintech Power 50 Launches Second Edition of Industry Guide
- 5 years 1 month ago
- Financial
Industry guide, the Fintech Power 50 has launched the 2020 edition of its exclusive annual programme, shining a spotlight on those who are transforming financial services for the better. Showcasing 40 trailblazing companies and 10 of the most trusted industry leaders across the Fintech ecosystem, the guide includes the likes of Jumio, Form3, Galileo, Funding Options, Currency Cloud, Modulr, Tide, and Oak North. Following an extensive nomination... more
Finastra joins World Economic Forum
- 5 years 1 month ago
- Financial
Finastra today announced that it has joined the World Economic Forum. The move will see the company collaborating with industry leaders and policy-makers to drive change across financial services, world trade and beyond, to help build a better, sustainable future.
Onfido and b-sharpe announced a partnership for faster customer oboarding
- 5 years 1 month ago
- Digital Identity, Financial
Onfido announced a partnership with b-sharpe, a leading Swiss company in online currency exchange, to provide a better sign up experience to its users when verifying identities on their platform. Onfido’s AI-powered identity verification technology allows b-sharpe to drastically accelerate its customer onboarding while remaining financially compliant.
