Bolero International partners with Traydstream to automate scrutiny and compliance checking of trade documents
- 6 years 5 months ago
- Artificial Intelligence, Trade Finance
Bolero International is partnering with Traydstream, the leader in Trade document scrutiny using artificial intelligence (AI), to provide a powerful automatic document checking service for both its corporate and bank customers saving them time and resources as well as mitigating trade finance risks.
Luxoft, a DXC Technology Company, Forms Strategic Alliance with Fenergo
- 6 years 5 months ago
- Management
Fenergo, the leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced that Luxoft, a DXC Technology (NYSE: DXC) company has joined its partner eco-system and become a Global Platinum Partner.
Traydstream expands into Africa with Stanbic Bank mandate
- 6 years 5 months ago
- Trade Finance
Stanbic Bank Uganda (SBU) and Traydstream Ltd have signed an agreement to implement the Traydstream platform at SBU. This platform is intended to digitize the current manual process of vetting Letters of Credit for Discrepencies. The trade document processing conducted over the past few months proved the dramatic improvement the Traydstream platform brings to SBU’s processing, turnaround and end-to-end trade capabilities.
BNP Paribas partners with Kantox
- 6 years 5 months ago
- Foreign Exchange, Risk Management
BNP Paribas today announces its strategic partnership with Kantox, a leading fintech specialising in FX risk management solutions. The agreement enables BNP Paribas and Kantox to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ clients across EMEA. Dynamic Hedging is an innovative software solution developed by Kantox, which allows corporate treasurers to fully automate and streamline FX workflows. The solution will complement the... more
FIME adds EMV® 3DS services to new digital test platform
- 6 years 5 months ago
- Digital Identity, Management, Risk Management
FIME’s EMV®* 3-D Secure (3DS) test platform and laboratory have been qualified by EMVCo for ACS component testing, protocol 2.1. The combination of an automated test platform and FIME’s 3DS experts brings agility and efficiency for payment solution providers (PSPs), EMV 3DS vendors and banks while ensuring the compliance of new authentication implementations.
Cashfac announce App Store launch of small business banking and cash flow forecasting app
- 6 years 6 months ago
- Cash management
Cashfac PLC, the global provider of back office operational cash management software, have announced the live launch of their new banking and cash flow forecasting app for small businesses – Slide – as a free-to-download app on Apple’s App Store.
Ivalua Expands Executive Team with Addition of Pascal Bensoussan as Chief Product Officer
- 6 years 6 months ago
- Management
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.
RiskFirst’s PFaroe crowned the UK’s Most Reputable Risk Reporting Solution by CEO Monthly
- 6 years 6 months ago
- Management, Asset Management, Investment Management
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
HSBC Signs New Licence Agreement for Identitii’s Overlay+
- 6 years 6 months ago
- Transaction Banking, Payments
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).
Poll reveals low confidence in month-end close process
- 6 years 6 months ago
- Management, Financial
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
Commerzbank and LBBW have set a new milestone in the digitalisation of commercial transactions based on blockchain technology
- 6 years 6 months ago
- Blockchain, Trade Finance
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.
Five ways to futureproof your organisation
- 6 years 6 months ago
- Management, Data Management, Market and Reference Data
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.
Sign In App Moves into the Events Market
- 6 years 6 months ago
- Management
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
IIG Bank goes live with Temenos in record time and offers enhanced cash management
- 6 years 6 months ago
- Transaction Banking, Banking
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
Klarna announces $460M equity raise to further support massive US growth
- 6 years 6 months ago
- Transaction Banking, Payments
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.
