Alfa-Bank and NLMK launch Foreign Trade Finance Pilot Transaction with Commerzbank and Vesuvius GmbH via Marco Polo
- 6 years 4 months ago
- Banking
Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.
Hyper announces mixed reality-based spatial design platform
- 6 years 4 months ago
- Digital Identity, FinTech StartUps
HYPER, the London-based startup born from the EIT Digital-supported “HyperCRC” innovation activity, has launched a spatial design platform that fuses virtual reality with real, motion-tracked models, enabling companies and clients to physically experience their visions. HYPER will help them save time and money, while drastically reducing waste during the prototyping design phase.
American Financial Resources and Finicity Partner to Simplify the Mortgage Experience
- 6 years 4 months ago
- Data
American Financial Resources, Inc. (AFR) announced today it is working together with Finicity—a leading provider of real-time financial data access and insights, to provide its business partners and their borrowers with a faster, simpler and more secure way to verify assets and income while originating loans.
P2P lending in Spain is gaining momentum
- 6 years 4 months ago
- P2P Lending
A study conducted by the P2P platform Robo.cash has shown that the number of search requests associated with P2P lending in Spain grew from 9,400 in July 2015 to 12,000 in June 2019. A significant increase of the queries in 2017 with a peak in March correlates with the growth of Spanish alternative finance market by 23% compared to 2016.
The Royal Mint and Mastercard unveil first of a kind solid gold payment card
- 6 years 4 months ago
- Payments
Working in association with Mastercard and Accomplish Financial, The Royal Mint has today announced production of the world’s first hallmarked precious metals payment card. The solid gold payment card is designed for individuals who wish to access the exclusive benefits of a Raris account and for those who value high quality luxury items that make a statement. The prestigious 18kt gold Raris card is personalised for each Raris accountholder,...
OpenFin Powers BNP Paribas’ FX Platform Cortex LIVE
- 6 years 4 months ago
- Banking, Financial
OpenFin, the operating system (OS) of finance, today announces that BNP Paribas has built and deployed their single dealer FX platform, Cortex LIVE, on OpenFin OS. Cortex LIVE offers users more intelligent execution methods, greater transparency and enhanced controls. The platform features a real-time market intelligence portal, Insight LIVE, data visualisation and the FX industry’s first real-time digital trading assistant, ALiX.
F-Secure’s Global Partner Program earns Program of the Year accolades
- 6 years 4 months ago
- Security and Compliance
Forrester-owned SiriusDecisions has recognized cyber security provider F-Secure’s Global Partner Program as the Channel Marketing Program of the Year. The distinction validates F-Secure’s achievements in providing industry-leading support for business-to-business (B2B) resellers’ efforts in developing the know-how and expertise needed to deliver more mature security capabilities, such as those offered by detection and response solutions, to...
Featurespace Expands Global Fraud and Financial Crime Expertise with Addition of Industry Veteran
- 6 years 4 months ago
- Security, Fraud Detection
Featurespace, the world-leader in fraud detection, risk prevention and Anti-Money Laundering monitoring, announced the addition of Dena Hamilton as the company's newest Fraud and Financial Crime market expert.
CaixaBank Uses Artificial Intelligence to Simplify the Management of Direct Debit Payments
- 6 years 4 months ago
- Artificial Intelligence, Payments
CaixaBank has developed an innovation project using artificial intelligence to manage returned direct debit payments. As a leading Spanish retail bank, CaixaBank manages 450 million direct debit payments every year and is the primary direct debit service provider in Spain. When a bill is sent to an account with an insufficient balance, the software notifies the customer's banking adviser, who then analyses the case and decides how to resolve the...
Wolters Kluwer Finance, Risk & Reporting Adds to Record Year for Industry Recognition With Bobsguide’s Best Regulatory Reporting System Accolade
- 6 years 4 months ago
- Security and Compliance
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is enjoying a record year for industry recognition following a number of notable award wins. Most recently Wolters Kluwer’s OneSumX for Regulatory Reporting has been named the Best Regulatory Reporting System, 2019, by Bobsguide.
Crypto Ratings Council nudging regulators to step up
- 6 years 4 months ago
- Asset Management
The recent announcement of the formation of a Crypto Rating Council (CRC) has been met with mixed feelings and confusion. Branded as a joint commitment “to responsible growth and maturation of cryptocurrency markets and related financial infrastructure and trading services”, as stipulated on its website, the CRC claims to be providing a system that simplifies US federal securities laws for the benefit of retail investors.
Lloyd's of London Chair Joins Insurtech Startup Cuvva
- 6 years 4 months ago
- Insurtech
Cuvva, a UK startup pioneering hourly insurance policies, has snagged Lloyd's of London chair Bruce Carnegie-Brown as its new chairman. Carnegie-Brown, who succeeds inaugural chairman Nick Parker, has over three decades of experience in the financial sector in the insurance, banking and asset management sectors. He is chairman at Lloyd’s of London, vice-chairman at Banco Santander, and was chairman of MoneySuperMarket until May this year.
Ingenico Launches Full Suite of Chinese Payment Methods for International E-commerce Players
- 6 years 4 months ago
- E-Commerce
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, is transforming how international ecommerce companies operate in China. By introducing a suite of payment methods that fully caters to the preferences of local consumers, Ingenico will enable online businesses to gain better access to one of the world’s most significant online markets. As 82% of the local Chinese population are unique mobile users, Ingenico...
NSD Presents Its Vision of Blockchain Use in Financial Infrastructure
- 6 years 4 months ago
- Blockchain, Infrastructure
National Settlement Depository (NSD) has issued a white paper with analysis of the use of the blockchain technology in Russia and worldwide. Practical experience in implementing projects, asset tokenization scenarios, governance and standardization issues were subjects of particular attention. A document entitled “Blockchain in Financial Infrastructure: Risks and Opportunities” is now available on the company’s website in Russian and English.
Colt's Enhanced uCPE Proposition Brings Enterprises Closer To the Edge
- 6 years 4 months ago
- FinTech StartUps
Colt Technology Services has announced its enhanced universal customer premises equipment (uCPE) solution, which brings the benefits of Network Function Virtualisation (NFV) to enterprises. This expanded functionality provides a network operating system and hosting environment for Virtual Network Functions (VNFs), such as SD WAN and firewalls, all running on standard off-the-shelf servers, with both provider managed and customer managed NFV...
