Planixs introduces Realiti(R) Essentials for smaller banks to control intraday liquidity risk and deliver regulatory compliance
- 6 years 7 months ago
- Cloud
Planixs, the leading provider of real time, intraday cash, collateral and liquidity management solutions, today announced the introduction of Realiti Essentials for smaller banking firms.
AccessFintech partners with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan to standardise the industry’s settlement workflow
- 6 years 7 months ago
- Financial
AccessFintech, which delivers collaboration, transparency, shared use cases and control to the financial industry, announces today that it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process. AccessFintech has partnered with four leading investment banks in this effort.
Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile
- 6 years 7 months ago
- Security and Compliance
In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face multiple obstacles to satisfying this demand. Chief among them is the overwhelming multitude of technologies available to reach that touchless claims goal. 77% of insurance carriers will invest in automation in the next few years to achieve seamless claims. The incredible potential...
New NatWest app features gives customers more control over their money
- 6 years 7 months ago
- Open Banking, Banking
Customers using the NatWest app will now be able to easily see where their money is going with the new ‘spending’ tab which will show them how much they’re spending from their current account each month on bills, transport or entertainment, helping them stay in control of their money. If the app doesn’t get it right first time, they’ll be able to change categories easily.
BNY Mellon and SimCorp Partner to Deliver Optimized Data Integration and Transparency through Open Architecture
- 6 years 7 months ago
- Investment Management
The Bank of New York Mellon Corporation (“BNY Mellon”) and SimCorp today announced a collaboration that connects BNY Mellon’s range of custody capabilities—including settlement, safekeeping, and cash and securities services—with SimCorp’s integrated front-to-back investment management system, SimCorp Dimension®. The new connectivity provides mutual clients globally with enhanced operational efficiency and transparency in core investment...
Starling Adds Legal Services to Its Digital Offering
- 6 years 7 months ago
- Retail Banking
Starling Bank has announced a partnership with legal services provider Sparqa, the latest addition to their Marketplace. Providing Starling’s 88,000 small business customers with customisable and affordable legal services, the lawtech partnership will allow the Starling customer base to access a wealth of legal information tailored to their specific commercial needs.
ProcureCon Indirect Announces Preliminary Speaker Lineup and Agenda Europe’s leading event for CPO’s & Heads of Indirect from the world’s largest indirect spenders
- 6 years 7 months ago
- Infrastructure
The organizers of ProcureCon Indirect (31st March – 1st April, 2020), Europe's leading event for CPO’s & Heads of Indirect, has announced their agenda and speakers for 2020. Download your free copy here: https://bit.ly/336OsiS The 2020 agenda encapsulates the current issues and future challenges that are top of mind for Indirect Procurement professionals, including:
NBK to integrate its money, FX and capital markets business with Murex’s MX.3 platform
- 6 years 7 months ago
- Banking
The National Bank of Kuwait’s (NBK) has signed a contract with Murex, an industry leader in trading, risk management and processing solutions for money, FX and capital markets, to implement a full replacement of its legacy IT systems at Group Treasury and Investments with the MX.3 platform.
Paysend secures money services business license in Canada
- 6 years 7 months ago
- Payments
Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its worldwide footprint for its global money transfers service. Paysend will launch the service to Canadian consumers early in 2020. Obtaining the money service business (MSB) license in Canada is Paysend’s first step in establishing its presence in North America. The license allows Paysend to offer its signature Global Transfers service in Canada.
GoCardless Chooses Accuity Payments Data to Accelerate Growth into US Market
- 6 years 7 months ago
- Payments
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, today announced that GoCardless, the leading global fintech for recurring payments, is using the Bankers Almanac Payments Data solution from Accuity to create a frictionless customer journey for businesses to collect payments in the world’s largest market.
Nets Trials Face Payments in Copenhagen
- 6 years 7 months ago
- Payments
With the tagline ‘Hungry? Face it’, Nets, a leading provider of digital payment services across Europe, has launched a pilot programme testing facial recognition as a payment method. Around 1,000 people – all working at Vibenshuset, an office community of 25 companies in Copenhagen – can sign up to participate in the pilot. By linking their face with their employee ID card, they can now pay for their lunch using their face at Kokkenes Køkken’s...
New FCA Regulations Will Boost RegTech Market in UK
- 6 years 7 months ago
- RegTech
The Senior Managers & Certification Regime that comes into effect today is a positive step for the financial services industry – but its failure to include Appointed Representative Firms (ARFs) and their individuals is an oversight, according to Sturgeon Ventures, the regulatory incubator. SM&CR is principally about changing the way financial services businesses operate.
International Digital Money Transfer Transactions to Reach 2 Billion by 2024
- 6 years 7 months ago
- Money Transfers
A new study from Juniper Research has found that global international digital money transfer transaction volume will reach 2 billion by 2024; up from 1.1 billion in 2019.
Deutsche Bank Predicts Cryptocurrency Could Replace Fiat by 2030
- 6 years 7 months ago
- Blockchain
Deutsche Bank has published its outlook for the decade ahead, predicting growth in appeal of cryptocurrency given the fragility of fiat money. The 'Imagine 2030' report highlights the dangers of the forces holding the fiat money system unravelling in the next decade, in turn fuelling the demand for crypto. Deutsche Bank describes cryptocurrencies as "additions rather than substitutions", but believes this may change by 2030.
Morgan Stanley Vets Launch Cryptocurrency Derivatives Trading Platform
- 6 years 7 months ago
- Cryptocurrencies
A group of former Morgan Stanley executives is building a cryptocurrency derivatives trading platform. Based in Sinagpore, Phemex is the brainchild of Jack Tao, an 11 year Morgan Stanley veteran who worked as a software engineer on the bank's electronic trading desk, specialising in high frequency trading. Tao has assembled a group of eight former Morgan Stanley staffers for the new venture, which wants to be "the world's most trustworthy...
