HSBC introduces industry leading financial crime detection systems
- 7 years 1 month ago
- Banking
HSBC Global Trade and Receivables Finance (GTRF) business has deployed an industry-leading Anti-Money Laundering (AML) system and an automated sanctions checking system as part of its ongoing efforts to improve financial crime detection.
CoCoNet launches its next generation payment and cash management solution for banks’ corporate customers
- 7 years 1 month ago
- Payments
CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers. Banks that use the latest version of MULTIVERSA IFP will enjoy two main benefits. Firstly, they will be able to increase their corporate customers’ satisfaction by offering them an improved solution for payment and cash management services. Secondly, they will gain...
Salt Edge Partner Program - a door to open banking without extra investment
- 7 years 1 month ago
- Open Banking
Salt Edge announced today that it now offers a simple solution which enables companies to get instant access to open banking channels in a compliant way, without having their own PSD2 licence.
MediConnect completes Proof-of-Concept Workflow and begins integration of UK Meds to the MediConnect platform
- 7 years 1 month ago
- Blockchain
MediConnect (the “Company”), the developer of a framework blockchain solution to trace and manage prescription medication, is pleased to announce that it has completed the workflow for the Proof-of-Concept (“PoC”) and has begun the integration of UK Meds, an online pharmacy and partner of MediConnect, to the MediConnect PoC platform.
FIME joins the Berlin Group’s NextGenPSD2 Advisory Board
- 7 years 1 month ago
- Digital Identity, Payments
FIME has joined the Berlin Group’s NextGenPSD2 Advisory Board, a pan-European technical standardization body. Additionally, FIME is participating in NISP, which supports the implementation of the NextGenPSD2 XS2A interface, as defined by Berlin Group and in compliance with PSD2.
Voyager Alliance Credit Union Select TCS BaNCS Cloud for Core Banking
- 7 years 1 month ago
- Banking, Cloud
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has announced that Manchester-based Voyager Alliance Credit Union has selected TCS BaNCS™ Cloud for Core Banking as the core platform for its digital transformation. The implementation also covers its associate entity, Retail Credit Union.
VERMEG extends partnership with Santander as the global bank selects MEGARA as its post-trade processing system in Brazil
- 7 years 1 month ago
- Banking, Insurance
VERMEG, the banking and insurance software solutions specialist, announced that its state-of-the-art Securities and Custody solution “Megara” went live at Santander Securities Services Brazil (S3 Brazil) on July 2019. S3 Brazil will be serviced from VERMEG’s newly opened offices in Brazil. VERMEG acts as a global partner for Santander Securities Services which uses VERMEG’s Megara post-trade processing software across multiple territories.
Fraud and cybersecurity announced as key focus areas for 2019 P20 Global Payments Conference
- 7 years 1 month ago
- Payments
P20 has announced combating fraud and criminal transactions as the first major issue to be addressed at its global payments conference at Church House, Westminster, London on 3rd October 2019. In the UK alone, unauthorised financial fraud losses across payment cards, remote banking and cheques totalled £844 million in 2018. In addition, over 80,000 incidents of authorised push payment scams were recorded in 2018, totalling gross losses of £354...
Research from Signicat finds that financial institutions have just over 14 minutes to on-board a customer—a target many are failing to meet
- 7 years 1 month ago
- Digital Identity
Signicat, a pioneer in trusted digital identity, today revealed that on average it takes consumers just 14 minutes and 20 seconds to abandon financial services applications. The findings, taken from Signicat’s Battle to On-board III report, show that financial institutions - including banks, insurers and credit card issuers - are losing more than half of their potential customers (55%) if applications take longer than this to complete.
Avaloq expands London office with two new hires
- 7 years 1 month ago
- Financial
Avaloq, the global fintech leader, has hired two senior individuals for its London office to help cater for strong demand in the UK for the firm’s Software as a Service (SaaS), Business Process as a Service (BPaaS) and on-premise solutions for UK private banks and wealth managers. Karen Line joins as Sales Manager while Ross Williams joins as a Senior Key Account Manager. Both report to the UK Sales Director, Barry Frame.
Smartphones are used by 62% of Brazilians to buy on international e-commerce websites, research shows
- 7 years 1 month ago
- Payments
An exclusive survey on the state of cross-border purchases in Brazil has revealed that smartphones have been instrumental in democratizing access to global products and services: mobile phones were the preferred device for 62% of respondents when making international purchases last year.
Identitii Selected by ACCC to Test Open Banking Data Ecosystem
- 7 years 1 month ago
- Open Banking, Banking
Identitii Limited , the FinTech reducing last mile payment hold ups for banks and corporates, announces it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just ten companies to test the Consumer Data Right (CDR) ecosystem. The CDR ecosystem will enable Australia’s incoming open banking regime which goes live from February 2020.
Trescon and LEAD Ventures join hands for the 13th edition of World Blockchain Summit in Dubai
- 7 years 1 month ago
- Consultancy
A Memorandum of Understanding (MoU) was signed between Trescon and LEAD Ventures on Thursday to deliver the 13th global edition of World Blockchain Summit in the commercial capital of UAE.
Asset Managers Embrace the Cloud for Data Management as Industry Passes Tipping Point, Says IHS Markit
- 7 years 1 month ago
- Asset Management
IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today released the findings of research conducted by WBR Insights looking at key trends in data management among asset managers in Europe and North America with $10-100 billion in assets under management (AUM).
Europe’s number one international news channel inks deal with freelance payment platform paydesk
- 7 years 1 month ago
- Payments
Euronews, Europe’s number one international news channel, with a reach of 400 million households in 160 countries, today announced a strategic partnership with UK-based journalist payment platform, paydesk, the world’s leading booking and payment platform for freelance media professionals.
