Visa B2B Connect Expands to 32 New Countries and Announces Integration with Infosys
- 6 years 4 months ago
- Payments
Visa Inc. (NYSE:V) today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020. In addition, Infosys, a global leader in next-generation digital services and consulting, is integrating with the Visa B2B Connect network to bring Visa B2B Connect platform access to their participating financial institutions worldwide.
Commerzbank among the founding signatories of the UN Principles for Responsible Banking
- 6 years 4 months ago
- Banking
Commerzbank is one of the founding signatories of the new Principles for Responsible Banking. These have been developed by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with several international financial institutions, and were officially launched at the start of the UN General Assembly in New York yesterday. Under these principles, 130 banks worldwide have undertaken a voluntary commitment to make the...
Societe Generale Chooses FIS Managed Solution to Provide Instant Payments for Corporate Clients in Europe
- 6 years 4 months ago
- Payments, PaaS
FIS™ (NYSE: FIS), a global leader in financial services technology, announced today that Societe Generale has chosen the FIS Payments-as-a-Service solution to offer real-time payments to corporate clients in nine European countries.
SWIFT enables payments to be executed in seconds
- 6 years 4 months ago
- Payments, Banking
SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world. Through a combination of gpi and domestic real-time payments networks, SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while...
Deutsche Bank, XTX and Saxo Bank go live on Cobalt FX post-trade infrastructure
- 6 years 4 months ago
- Trading Systems, Infrastructure
Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high-performance technology, is now live with Deutsche Bank, XTX Markets and Saxo Bank. Cobalt has been developed to re-engineer post trade FX infrastructure and processes. Its automated technology matches all versions of a trade into a single ‘trusted copy’, freeing up post trade resources from multiple layers of reconciliation and cost; generating one immutable data...
Murex Extends Connectivity to B-PIPE on AWS
- 6 years 4 months ago
- Trading Systems, Risk Management
Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its flexible MX.3 platform can now be connected with the Bloomberg Market Data Feed (B-PIPE) hosted on AWS in a matter of minutes. This latest innovation will provide Murex customers, who also use B-PIPE, with easy and quick access to Bloomberg’s reliable market data to configure, test and run MX.3.
NatWest first major UK bank to offer Faster Payments clearing API for Financial Institutions customers
- 6 years 4 months ago
- Payments
NatWest has today announced the launch of real time Faster Payments for its FCA regulated Financial Institutions customers, using API (Application Programming Interface) technology to allow customers to make and receive payments. The clearing bank provides indirect clearing services to over 200 UK banks, building societies, credit unions and correspondent banks with UK sort codes, all of whom will now be able to make and receive payments in real...
Tribe Payments launches the first complete payments sandbox
- 6 years 4 months ago
- Payments
Tribe Payments, a team of industry experts dedicated to delivering the future of payments, today announces its payments sandbox environment. Tribe’s sandbox is free-to-use and, in an industry first, provides access to APIs across both issuing and acquiring.
Finastra and NetGuardians team up on AI-powered financial messaging fraud detection
- 6 years 4 months ago
- Fraud Detection
Today at Sibos 2019, Finastra has announced its partnership with Swiss Fintech, NetGuardians, which sees the two companies launching an AI-powered fraud detection solution for financial messaging. Tailored for Finastra’s SWIFT Service Bureau, the tool uses artificial intelligence and machine learning to identify fraudulent payments in real-time, stopping them before money leaves the bank or corporate organization.
FIME receives latest nexo standards accreditation
- 6 years 4 months ago
- Risk Management
FIME has been authorized by PayCert to evaluate payment solution implementations against the latest nexo standards Acquirer Protocol v6.0. This completes FIME’s end-to-end portfolio of nexo standards services.
DTCC Calls for Establishing Business Resilience as Industry-wide Priority to Protect Against Future Market Disruptions
- 6 years 4 months ago
- Infrastructure
Acknowledging the growing potential for future disruptions to critical business services that could create market instability, The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today called for establishing business resilience as an industry-wide priority in a new white paper, Resilience First.
FICO Opens AI Portfolio to Fight Next-Generation Fraud and Financial Crime
- 6 years 4 months ago
- Artificial Intelligence, Fraud Detection
FICO® Falcon® X, announced today at the Finovate conference in New York, delivers groundbreaking AI and machine learning technology aimed at preventing new forms of fraud and financial crime that are enabled by the rapid adoption of real-time payments. Running on Amazon Web Services (AWS), FICO Falcon X streamlines both fraud detection and anti-money laundering processes — something banks and financial institutions worldwide are seeking.
Accuity Data Reveals Increased Complexity of Sanctions Compliance and Implications for Global Trade
- 6 years 4 months ago
- Payments, AML and KYC
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, has revealed new research into the current sanctions landscape that demonstrates a significant increase in complexity for organisations involved in global trade. At the same time, the stakes have never been higher; almost $1.3 billion worth of fines have already been issued by OFAC for breaches to U.S. Sanctions in 2019 – more than...
Broadridge Announces Data Control Solution Suite
- 6 years 4 months ago
- Data, Data Management
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced the launch of the Broadridge Data Control Solution suite designed to help financial organisations address the operational challenges of managing the data life cycle. The suite combines Broadridge’s award-winning reconciliation and matching solution with enhanced data analytics, together with industry-leading multi-bank...
SmartStream’s New Artificial Intelligence Module Uses Machine Learning for Digital Payments Processing
- 6 years 4 months ago
- Artificial Intelligence, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launched a new AI module that uses machine learning for continuous digital payments processing - a typical project to maintain and improve the matching rules would take up to two days, it can now be achieved with a simple tick.
