UK Insolvency Framework is OECD’s Best for Zombie-Busting
- 8 years 2 weeks ago
- Payments, Infrastructure
An OECD* report has concluded the UK’s insolvency and restructuring framework is the most effective in the organisation at preventing a build-up of productivity-sapping zombie companies, says UK insolvency and restructuring trade body R3.
Allied Solutions Partners with Baker Hill to Offer Baker Hill NextGen™ for Financial Institution Clients
- 8 years 2 weeks ago
- Infrastructure
Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, has entered into a strategic partnership with Allied Solutions to extend access of Baker Hill NextGen™ to the company’s more than 4,000 clients.
The ID Co. Launches Tool to Assess Loan Applicants on Verified Income
- 8 years 2 weeks ago
- Infrastructure
One of the UK’s leading financial technology specialists, The ID Co., has announced it is the first software specialist to offer lenders the capability to calculate and base lending decisions on customers’ real earnings, known as verified income.
New Small Business Commissioner Appointed To Tackle Late Payments: Yet Just 2% Of Micro-Businesses Believe He Will
- 8 years 2 weeks ago
- Infrastructure
The government appointed the UK’s first Small Business Commissioner last week, after a two year search, whose primary role will be to tackle the culture of late payments and “become a national spokesperson for small businesses affected by payment issues.”
Equiniti Credit Services Explores UK Attitudes to Lending in New Report
- 8 years 2 weeks ago
- Infrastructure
A new research report from Equiniti Credit Services, the UK’s leading consumer credit technology and outsourced service provider, depicts a rising market for credit in the UK, with consumer motivations for borrowing split between funding aspirational items such as holidays and household goods (47%), and managing or consolidating existing debt (53%). The report has also identified a stark age group difference in attitudes to technology with 73%... more
Digital Dunning and Debt Collection: collectAI manages 25m Euro in Receivables
- 8 years 3 weeks ago
- Infrastructure
collectAI, the service for digital receivables, has processed receivables at a volume of 25m Euro since its foundation in 2016. collectAI automates and digitises invoices, dunning and debt collection processes and is the first digital end-to-end provider in receivables management. Examples of successful KPIs on the clients’ side include: Introducing digital communication channels lead to an increase of the collection rate of 33 percent, while... more
CA Technologies Scales Up Privileged Access Management for Large Enterprise and Managed Service Deployments
- 8 years 3 weeks ago
- Infrastructure
CA Technologies today announced a new release of its CA Privileged Access Management (PAM) solution that addresses scalability and performance needs for departmental and geographical expansion. CA PAM 3.0 gives companies the ability to scale their PAM deployments across multiple departments, and provides Managed Service Providers (MSPs) a helpful way to manage multiple instances of the product for their customer base across platforms and... more
Banks Benefit from Faster Post-trade Issue Resolution
- 8 years 3 weeks ago
- Trading Systems, Infrastructure
Taskize, the problem solving network for inter-bank operations, reports rapid expansion of its network for post-trade issue resolution. Founded by industry veterans John O’Hara and Phil Slavin and backed by Euroclear, Taskize was created in response to the pressing need for a better way to address post-trade issues between firms.
Hong Kong FinTech Week the Perfect Stage for Global FinTech Business
- 8 years 3 weeks ago
- Infrastructure
Invest Hong Kong (InvestHK) today (September 7) announced that Hong Kong's regulators, along with a host of private sector partners, entrepreneurs and industry leaders, will participate in the second annual Hong Kong FinTech Week, to be held from October 23 to 27 at the Hong Kong Convention and Exhibition Centre in Wan Chai. The Week will focus on the driving forces that shape Hong Kong as a global financial technology (FinTech) hub.
PrePay Solutions Boards Monese’s ‘Brexit Bus’ to Support €350 Million Free Movement Campaign
- 8 years 3 weeks ago
- Payments, Banking, Infrastructure
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, and Monese, provider of instant bank accounts, have successfully completed a European tour to promote the launch of the challenger bank’s new Eurozone account.
NSD Runs Commercial Bonds Platform Based on Hyperledger Fabric 1.0 and Smart Contracts
- 8 years 3 weeks ago
- Blockchain, Infrastructure
National Settlement Depository (NSD) has operated emission and initial placement of the first blockchain-based commercial bonds on the Russian market. NSD has joined forces with two majors to bring to life a decentralized ledger solution that will allow trading, placement and record keeping for bonds to be simple and transparent. Raiffeisenbank Russia became a blockchain bond issue pioneer, starting the initial placement and subsequently... more
Nasdaq Reveals Board Portal and Team Collaboration Software
- 8 years 3 weeks ago
- Infrastructure
Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), today unveils its next generation board portal and team collaboration software, Nasdaq Boardvantage.
NPL and QuantHouse Partner to Provide NPLTime® Precise Timing Service to Meet Demand Ahead of MiFIDII Implementation
- 8 years 3 weeks ago
- Trading Systems, Infrastructure
NPL, the UK’s National Measurement Institute, is expanding its precise timing service, NPLTime®, through a distribution agreement with QuantHouse, the independent provider of trading and infrastructure solutions and innovative market data services to the quant trading community.
Novel and Useful Crowdfunding Ideas Don’t Work Together
- 8 years 3 weeks ago
- Infrastructure
New research on crowdfunding carried out by HEC Paris, the University of Technology Sydney, Singapore Management University and INSEAD has revealed that funding efforts are weakened if ideas are deemed to be both novel and useful. The study is the first evidence of how the Kickstarter community – those backing crowdfunding projects on the world’s largest online crowdfunding portal - values projects that pursue innovation.
Compuware Introduces Cloud Access to Mainframe Development Topaz Availability
- 8 years 3 weeks ago
- Infrastructure
Compuware today made Topaz, its flagship solution for mainframe Agile/DevOps, available on Amazon Web Services (AWS). This marks the industry’s first cloud access to modern mainframe development, enabling enterprises to deploy agile tools for COBOL and other core codebases in minutes.
