Transaction Banking

Ivalua Expands Executive Team with Addition of Pascal Bensoussan as Chief Product Officer

Ivalua, a global leader in spend management, today announced that Pascal Bensoussan has joined its Executive team as Chief Product Officer. In this newly created role, Bensoussan will focus on leading the overall vision, strategy, roadmap, and go-to-market plans for Ivalua’s cloud-based platform. The creation of the CPO role reinforces significant recent investments by Ivalua to further accelerate innovation and ensure customer success. Read more »

RiskFirst’s PFaroe crowned the UK’s Most Reputable Risk Reporting Solution by CEO Monthly

RiskFirst has won the award of the UK’s Most Reputable Risk Reporting Solution as part of CEO Monthly’s 2019 Business Elite programme for its market-leading asset, liability and risk management technology platform, PFaroe. CEO Monthly’s Business Elite programme recognises the outstanding achievements made by leading firms and individuals from across the globe that have dedicated themselves to innovating, growing and succeeding. Winners are... more Read more »

HSBC Signs New Licence Agreement for Identitii’s Overlay+

Identitii Limited (Identitii, Company) (ASX:ID8), the FinTech reducing last mile payment hold ups for banks and corporates, announces it has signed a new licence agreement (Agreement) to provide its Overlay+ platform to HSBC Bank Australia Limited (HSBC Australia). Read more »

Poll reveals low confidence in month-end close process

Almost three-quarters *(73%) of respondents to an MHR Analytics Twitter poll revealed they are not confident about their data and numbers on month-end closes and audit submissions. The findings from the survey of 1,000 respondents underline the increasing pressures facing finance teams. A separate **survey showed the new IFRS 16 lease accounting legislation to be taking its toll, with 30% of respondents calling it ‘complex,’ 17% ‘resource heavy... more Read more »

Commerzbank and LBBW have set a new milestone in the digitalisation of commercial transactions based on blockchain technology

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda. This time, besides the two companies involved, logistics provider Logwin AG was incorporated into the digital process chain – directly, and in real time. This represents a milestone in the expansion of the digital trade finance ecosystem.     Read more »

Five ways to futureproof your organisation

 An uncertain business climate doesn’t have to mean uncertainty in your business, says data analytics expert Laura Timms. Despite complex challenges on the horizon, the wide availability and adaptability of data analytics means managers can take proactive steps to futureproof their organisations. Read more »

Sign In App Moves into the Events Market

Sign In App is making a play for the lucrative events market with the latest addition to its growing portfolio. The Northampton-based developer, which is already making waves globally in the visitor management market, has developed additional technology to help companies and organisations that run events both internally and externally, monitor attendee/visitor numbers, keep track of attendees/visitors and manage guest lists quickly and... more Read more »

IIG Bank goes live with Temenos in record time and offers enhanced cash management

Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking. The bank also selected the Financial Crime Mitigation module, which is integrated within Temenos T24 Transact. The successful implementation of Temenos banking... more Read more »

Klarna announces $460M equity raise to further support massive US growth

Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, is pleased to announce it has raised $460 million in an equity funding round, at a post money valuation of $5.5 billion. This new valuation ranks Klarna as the largest private fintech in Europe and as one of the largest private fintechs globally. Read more »

SmartStream partners with Finanz Informatik Solutions Plus to meet client demands in Germany

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced their partnership with Finanz Informatik Solutions Plus GmbH, to help their German clients with implementation projects and application management of SmartStream’s Corona solutions, as well as their next generation TLM Aurora offerings. Read more »

SIA and Supply@ME partners to launch - through the SIAchain infrastructure - the new “Inventory Monetization” platform

SIA, the European hi-tech company, leader in payment services and infrastructures, and Supply@ME, the scale-up of the AvantGarde Group, have signed a partnership agreement to launch - through the SIAchain infrastructure - the new “Inventory Monetization” platform, created by the Milan-based fintech soon to be listed on the London Stock Exchange. Read more »

FinEx ETF Limited finalizes Index Switches for seven ETFs to Solactive Indices

Solactive is pleased to announce that asset manager and ETF provider FinEx ETF Limited completed its index switches in favor of Solactive for six country benchmarks as well as a US Large & Mid Cap technology index. The adoption of these seven Solactive indices marks yet another milestone for the trend of index users switching to high-quality benchmarks at lower costs. With eight out of twelve indices, Solactive now provides the lion’s share... more Read more »

Novidea partners with Instech London to promote innovation and technology adoption in the insurance space

Novidea, the digital data-driven insurance brokers & distribution platform, is pleased to announce that it has partnered with Instech London, an organisation that links start-ups, investors and insurers to promote innovation and technology adoption in the insurance sector. Read more »

JHC announces Neon partnership with Optiva Securities

Wealth management fintech firm, JHC Systems (JHC) has today announced that Optiva Securities is implementing JHC Neon (Neon) in a drive to increase control and transparency. The deal follows JHC’s recently announced partnership which makes Neon available for clients of Jarvis Investment Management (Jarvis).    Read more »

Ebury appoints Martin Fest as CFO

Ebury, one of the UK and Europe’s largest fintechs, is pleased to announce that it has appointed Martin Fest as the company’s Chief Financial Officer. Ebury, which services a global client base through its global trade and transaction banking platform, has appointed Martin to strengthen Ebury’s finance function. He will work directly with CEO and Co-Founder Juan Lobato as the company embarks on its ambitious growth strategy outside of Europe. Read more »

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