SmartCash Announces Success of Community-Approved Initiatives Funded by SmartHive Project Treasury
- 6 years 5 months ago
- Cash management
SmartCash, a community governance, cooperation and growth focused crypto-asset created via blockchain technology, today provides a recap of its completed community initiatives. Each project was made possible via the SmartHive Project Treasury, which is funded by a portion of the block rewards and then directed via SmartCash holders who participate in SmartVoting. Building the Future
Marshall Sterling chooses Re:Call from TeleWare for regulatory compliance
- 6 years 5 months ago
- Investment, Management
Marshall Sterling, a London headquartered investment management organisation, has deployed TeleWare’s Re:Call app to meet regulatory requirements. Marshall Sterling’s advisors had been using TeleWare’s SIM-based mobile solution for a number of years to record all relevant business communications. Whilst this solution ticked all the compliance boxes, it required advisors to carry a separate handset for business calls.
Fresh ICC survey shows pace of trade finance digitalisation
- 6 years 6 months ago
- Trade Finance, Banking
The International Chamber of Commerce (ICC) 10th annual Global Survey shows that 60% of banks are moving towards greater digitalisation, though only 9% say technology solutions have so far increased efficiency. Over 60% of banks surveyed in the new ICC report—Global Trade: Securing Future Growth—reported to have implemented, or to be in the process of implementing, technology solutions to digitalise their trade finance operations.
AI-based Safety to Battle Fraud
- 6 years 6 months ago
- Artificial Intelligence, Blockchain, E-Commerce, Security and Compliance, Transaction Banking, Virtual Reality, Banking, Security, IT Innovations
Temenos (SIX:TEMN), the banking software company, today expanded its leading financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution protecting banks and their customers from fraud. Demand for financial compliance and the increasing levels of financial crime are putting huge pressure on banks. Their legacy processes have grown so complex with a high level of manual work for screening alerts and other... more
Bolero International wins GTR Best Deals award
- 6 years 6 months ago
- Supply Chain Finance
Bolero International, HSBC and Home Depot, have jointly won a GTR Best Deals 2018 award for their innovative implementation of a matched purchased order supply chain financing solution. The award, made by the editorial team of GTR, recognised the deal as one of the best over the previous 12 months and follows its recognition as best supply chain finance strategy in theCorporate Treasurer (CT) awards for Asia’s Best Treasury and Finance... more
Citizens Bank Taps Finastra and Infosys for Trade Finance Solution
- 6 years 7 months ago
- Trade Finance, Banking
Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients. This new capability will enable Citizens’ corporate clients to digitize traditionally paper-based trade processes, leading to increased efficiencies and reduced costs.
SmartCash Highlights 2018 Initiatives to Accelerate Global Adoption, Recaps Key Achievements
- 6 years 7 months ago
- Cash management
SmartCash, a community governance, cooperation and growth focused crypto-asset created via blockchain technology, today provides an overview of its recent achievements and ambitions for the year ahead. Self-funded, Merchant-Centric, Community-Driven and Easy to Use Recent accomplishments have positioned SmartCash to become the ideal choice for making payments anywhere in the world by introducing the following:
The most popular Chinese app will be available in Italian shops and online
- 6 years 7 months ago
- E-Commerce, Transaction Banking, Payments
Shopping with their smartphones will be increasingly possible, for more than 3 million Chinese tourists arriving each year in our country, thanks to the agreement signed between Gestpay, the Italian solution for online payment of Sella Group, and Alipay, the payment platform of Ant Financial, an affiliate company of Alibaba Group.
Worldpay, PAX and AEVI to revolutionise the POS experience
- 6 years 7 months ago
- Transaction Banking, Payments
Vantiv, now Worldpay, Inc. (NYSE: WP) announced today at ETA TRANSACT (Booth #410) it is adding the handheld PAX A920 to its line of SmartPay Series™ terminals. These devices feature a single software platform providing a common user experience for merchants. SmartPay terminals also use a flexible Android-based operating system with pre-loaded business application bundles specifically designed to best meet a merchant’s needs.
Hungary’s OTP Bank Group Builds Foundation for Future Growth with ACI Worldwide
- 6 years 7 months ago
- Transaction Banking, Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Hungary’s OTP Bank Group, one of the largest independent financial service providers in Central and Eastern Europe, will utilise the full range of ACI’s UP p
$1 billion in transactions processed on Ecobank Mobile App in Africa
- 6 years 7 months ago
- Transaction Banking, Payments, e-Payments, Mobile Banking
The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago.
Nasdaq Welcomes iQIYI, Inc. (Nasdaq: IQ) to The Nasdaq Stock Market
- 6 years 7 months ago
- Foreign Exchange
iQIYI, Inc. (Nasdaq:IQ), the market-leading Chinese online entertainment service and video platform, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
FIATA and essDOCS launch project to digitise FIATA & NVOCC Bills of Lading
- 6 years 8 months ago
- Trade Finance, Supply Chain Finance
The International Federation of Freight Forwarders Associations (FIATA) has signed a Memorandum of Understanding (MoU) with essDOCS to provide a framework for further cooperation in digitising Bills of Lading.
WeSwap Launches Across All Global Currencies
- 6 years 8 months ago
- Foreign Exchange
Peer-to-peer currency exchange platform WeSwap can now be used in ANY currency, anywhere in the world – marking the latest launch in a series of 2018 rollouts that help travellers get the most out of their holiday money. Today's announcement comes at a time where the nation is planning to spend - on average - £821 per person on their trips abroad in 2018, up from £726 per person in 2017 (WeSwap’s nationally representative 2018 Travel Index).
Nabil Bank chooses Compass Plus Processing Centre
- 6 years 8 months ago
- Transaction Banking, Payments
Nabil Bank, one of the leading banks in Nepal and the first private sector bank in the country, has migrated its card processing business to the Compass Plus Processing Centre. The bank was established with the aim of extending international standard, modern banking services to Nepal and has migrated to Compass Plus to ensure it continues to meet and exceed these objectives.