- 08.06.2020 04:28 pm
- Cash management
Planixs, the leading provider of real-time intraday cash, collateral and liquidity management solutions was celebrating success again at the virtual Northern Tech Awards after topping the Enterprise Fintech category at the 2020 Northern Tech Top 100 League for the third consecutive year.
AvaTrade, an award-winning forex and CFD broker, has announced the opening of its latest office in Warsaw, Poland. This expansion adds to AvaTrade’s growing international presence, including offices in Dublin, Milan, Tokyo, and Sydney, and is a significant step forward in the broker’s aim to accommodate the needs of traders internationally.
First Turkish-German trade finance transaction on Marco Polo blockchain network with İşbank and Commerzbank
İşbank and Commerzbank have jointly run an international trade finance transaction based on distributed ledger technology (DLT). Payments were secured by digitally processing the related data transfer via Corda blockchain technology on the Marco Polo trade finance network. İşbank is the first bank in Turkey to perform a trade finance transaction using blockchain technology. The transaction took place on 27 May 2020 between İşbank, Şişecam,... more
- 02.06.2020 05:45 pm
- Foreign Exchange
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 $32.6 billion in May 2020. This represents a decrease of 7.1% compared to April 2020, and an increase of 6.9% compared to the same period in 2019.
A research launched by EBANX, on the impacts of the COVID-19 pandemic on the ecommerce market in Brazil and the post-pandemic perspectives, brings in the results an intention to increase or maintain spendings on international websites by Brazilians after the pandemic period.
StructureFlow, a tech start-up helping lawyers and finance professionals quickly and easily visualize complex legal structures and transactions, has been officially unveiled. The brainchild of former corporate lawyer, Tim Follett, StructureFlow was developed to address the frustrations he felt trying to visually model complex legal structures and transactions using tools that weren’t up to the task.
- 28.05.2020 01:11 pm
- Trade Finance
Contour, the Singapore-based open trade finance network, has today announced its partnership with IntellectEU as part of a shared vision to digitise trade finance on a global scale. IntellectEU will function as an integrator of Contour’s blockchain platform, automating back-office flows for both financial institutions and corporates.
As Mastercard reveal that 66 per cent of all transactions across the UK are now contactless, new research released today identifies consumer habits and viewpoints that mean this is a consumer change that will stand the test of time. In the UK contactless adoption was already high and Mastercard has recently worked with the industry to enable the limit for contactless payments to increase from £30 to £45 to help people benefit from the fastest... more
Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card. The Samsung Pay debit card was unveiled earlier this month but the partners have now provided more detail on an accompanying fee-free cash management account. Launching later this summer, Samsung Money by SoFi promises higher-interest earning and a combination of the convenience of mobile payments and the control... more
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today extended its Public API (Application Programming Interface) for collateral management, to enable its clients with faster access technology to better service their individual business needs.
OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that leading Turkish bank, DenizBank, is using OneSpan’s Mobile Security Suite to protect 2.6 million mobile customers across the bank’s mobile banking app MobilDeniz, mobile wallet fastPay and card management application DenizKartım.
- 22.05.2020 11:17 am
- Trade Finance
In response to current market needs and the rapidly evolving global trade landscape, China Systems, world-leading trade solutions vendor, has created a specialised Trade Digitalisation Services (TDS) Unit, which is composed of experts who have deep technical, project and business domain knowledge on International Trade operations.
Nigeria’s leading digital financial services company, Carbon (https://GetCarbon.co) in an effort to improve the experience of its customers, has launched Carbon Express - A keyboard extension that allows customers to access Carbon services from within whatever app they are using.
Worldline launches the ‘World After COVID-19’ report to help business leaders prepare for the future
Worldline, the European market leader in payment and transaction services, today has published its ‘World after COVID-19’ report. The report highlights the trends of the worldwide pandemic, both the immediate impacts and the potential long-term impacts, and presents key takeaways that business leaders may use to start adapting their strategies now to the post pandemic world.
As part of a large-scale strategic project that will substantially increase its offering and expand its business, one of the largest banks in Azerbaijan, Unibank, has successfully connected its in-house processing directly to Mastercard. The integration marks the completion of the second phase of a major project to migrate the bank’s payment infrastructure to the open development payments platform, TranzAxis, from Compass Plus.