Citi becomes an angel for Cobalt DL
- 8 years 6 months ago
- Blockchain, FX Contracts, FinTech StartUps, Risk Management
Cobalt DL, the FX post-trade processing network based on distributed ledger technology, today announced that Citi has become an investor and one of the launch clients for their Cobalt FX post trade solution. Cobalt DL has commenced beta testing with a number of leading FX participants on its private peer-to-peer network that uses distributed ledger technology to significantly reduce risk and cut post-trade costs by up to 80%. Cobalt DL’s FX...
EverCompliant Raises $9.5 Million Series A to Continue Preventing Transaction Laundering
- 8 years 7 months ago
- AML and KYC
EverCompliant, the cyber intelligence company, pioneer and industry leader of transaction laundering detection and prevention, announced today the completion of a $9.5 million Series A funding round. The round was led by Arbor Ventures and included existing investors Carmel Ventures, StarFarm Ventures and Nyca Partners. With this investment, Melissa Guzy of Arbor Ventures has joined the Board of Directors of EverCompliant.
Credicorp joins R3 consortium
- 8 years 7 months ago
- Blockchain
Financial innovation firm R3 has announced Credicorp as the first Spanish-speaking Latin American financial institution to join its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets.
Markit FRTB Studio performs capital calculations for a million trades in seconds
- 8 years 7 months ago
- Trading Systems
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Markit FRTB Studio, an aggregation and capital analytics engine, has processed a portfolio of one million trades in single digit seconds on a European bank’s Hadoop infrastructure as part of a successful proof-of-concept. This high-speed performance enables banks to understand the capital implications of business decisions in near...
China UnionPay qualifies FIME's Savvi
- 8 years 7 months ago
- Payments
FIME’s chip payment test platform Savvi – used by acquirers, processors and merchants globally for terminal integration testing – now supports China UnionPay (UnionPay) certification. The new certification process requires merchants and acquirers to confirm that a terminal meets UnionPay’s credit and debit card standards and will successfully integrate with the payment infrastructure.
Mahindra Comviva rolls out cloud based comprehensive digital payment solutions
- 8 years 7 months ago
- Payments
Mahindra Comviva, the global leader in providing mobility solutions, today announced that its comprehensive digital payment solutions mobiquity® Wallet and payPLUS are now available on the cloud.
Sogexia unveils a new 100% digital online bank
- 8 years 7 months ago
- Banking, Online Banking
Open online in less than 5 minutes No conditions or hidden fees In partnership with BNP Paribas for the sequestration of funds The solution consists of a web and mobile online account to cash and withdraw money, process transfers and receive withdrawals, up to 4 MasterCard cards with optional travel insurance to settle expenses and make withdrawals, as well as a range of additional services to save money and better manage its budget.
Broadridge opens new office in Singapore
- 8 years 7 months ago
- Data
Broadridge Financial Solutions, Inc. (NYSE: BR), a provider of technology and operations, communications , data and analytics solutions for financial services firms, has significantly expanded its on-the-ground presence in the region, affirming its commitment to the Asian market.
Isle of Man named FinTech Region of the Year
- 8 years 7 months ago
- FinTech StartUps, IT Innovations
E-Business publication, FinTech Finance, has recognised the Isle of Man as FinTech Region of the Year in its 2016 awards. Presented at a ceremony in London on the 8th December, the award identified the Isle of Man for its quality of professional services, regulation and level of investment in the sector. The Isle of Man fought off the other finalists, Malaysia and Northern Ireland, to secure the accolade. Laurence Skelly MHK, Minister for the...
OpenLink Positioned in Leaders Quadrant of 2016 Gartner Magic Quadrant for Trading Platforms
- 8 years 7 months ago
- Trading Systems
OpenLink, the global leader in trading, treasury and risk management solutions for the financial services, corporate, energy and commodities industries, has been positioned as a Leader in Gartner’s November 2016 Magic Quadrant for Trading Platforms for the third consecutive year. Compared to 2015, Gartner’s analysts have placed OpenLink even further along the ‘Completeness of Vision’ axis.
Gemalto study reveals security concerns over convergence of personal and workplace identities
- 8 years 7 months ago
- Security
Gemalto, the world leader in digital security, today released the findings of its Authentication and Identity Management Index, which revealed that 90% of enterprise IT professionals are concerned that employee reuse of personal credentials for work purposes could compromise security.
ACI Worldwide Named Official Service Provider for Pan-European Instant Credit Transfer Scheme by EBA Clearing
- 8 years 7 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.
TMB improves its business efficiency with Qlik
- 8 years 7 months ago
- Banking, Data
Qlik®, a leader in visual analytics, today announced that Teachers Mutual Bank (TMB), one of the largest mutual banks in Australia, has deployed QlikView®, Qlik Sense®, and Qlik NPrinting™ to analyze customer data from several disparate sour
Finimize MyLife opens in ‘alpha’ to first users in 8,000-strong waiting list
- 8 years 7 months ago
- FinTech StartUps, IT Innovations
Finimize, the London-based start-up making finance more accessible for millennials, has today launched Finimize MyLife, a revolutionary free-to-use online platform that helps people plan their financial future.
Kyriba Signs Hong Kong Client
- 8 years 7 months ago
- Cash management, Risk Management, Treasury
KyribaCorp,the global leader in cloud-based treasury, cash and risk management solutions today announcediAccount Services (HK)Limited(hereinafter iAccount(HK)),a subsidiary of Liri Holdings Group,has selectedKyribafor its payments and cash management modules. iAccount (HK) selected the award winning SaaS platform for its economies of scale, extensive world-wide bank connectivity, security, reliability and support for external audit.