Redborder to Expand Across Europe With the EIT Digital Accelerator
- 8 years 8 months ago
- Security
LexisNexis Declares First Five Legal Tech Accelerator Participants
- 8 years 8 months ago
- Infrastructure
Acquiring SAP Hybris Gold Partner Status Underlines itelligence AG's Competence
- 8 years 8 months ago
- Infrastructure
The globally successful consulting company for SMEs and large corporations, itelligence AG on 22 February 2017, was granted the status of SAP Hybrisof Gold Partner, one of only 33 companies to receive this accolade. itelligence achieved the Gold Partner qualification among other things because of its large number of Certified Professionals for SAP Hybris solutions, and the business managers in the NTT DATA group (Since 2013, itelligence AG has...
BrokerTec Europe finalizes e-MID SIM SpA acquisition
- 8 years 8 months ago
- M&A Deals
Today BrokerTec, NEX Group’s leading electronic fixed income trading platform, reports that following Bank of Italy approval, it has completed the transaction to acquire a majority stake in e-MID SIM SpA (e-MID). This is the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS). The transaction offers BrokerTec Europe a strong footprint in the important Italian debt and money...
Finma Awards Multilateral Trading Facility Status to SIX Securities Platform
- 8 years 8 months ago
- Trading Systems, Infrastructure
FINMA granted the request submitted by SIX for the CO:RE trading platform to be recognized as a multilateral trading facility. This represents a further milestone for SIX in its implementation of the regulatory requirements relating to the Swiss value chain with a view to making it easier for international participants to enter the market.
IHS Markit enhances KY3P platform by adding risk scoring and remediation
- 8 years 8 months ago
- Risk Management, Infrastructure
Today IHS Markit, a global leader in critical information, analytics and solutions, announced the addition of new functions to its Know Your Third Party Risk Management platform (KY3P) to further develop its rapidly growing customer base.
BM&FBovespa and Cetip Merge to form B3
- 8 years 8 months ago
- Infrastructure, M&A Deals
Today B3 is born to provide the best financial market infrastructure that is complemented by a wide range of products and services. It results from alliance of BM&FBOVESPA, one of the largest exchanges in the world in terms of market capitalization, and CETIP, the largest depository for private sector debt securities in Latin America. Together, BM&FBOVESPA and CETIP become a company that is far more than the sum of its parts, with...
Citibank to repay $5 million for inability to disclose A$ international transaction fees
- 8 years 8 months ago
- Credit Cards, Banking
Citigroup Pty Limited has to pay approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process its transactions.
ATB Financial Unveils Customer Onboarding Innovation Challenge
- 8 years 8 months ago
- Infrastructure
ATB Financial has joined forces with KPMG in Canada and global fintech matchmaking firm, Matchi to run a Customer Onboarding Innovation Challenge that aims to reimagine customer onboarding and management through collaboration with fintech firms.
Otherwise Raises €1.6 Million to Boost Growth
- 8 years 8 months ago
- Platform Technology, Insurance
Otherwise, France’s first peer-to-peer insurance platform, renovates insurance, followed by launches of the first P2P health insurance product digital, fair and community-driven.
Custom Connect Launches CC Insight For In-depth Network Intelligence
- 8 years 8 months ago
- Cloud
Custom Connect, one of the world’s few independent carrier neutral connectivity providers, is going beyond industry standards to offer global enterprises greater insight into their far-reaching networks and business-critical applications. CC Insight launched today at the Connecting the Cloud event, an Industry get together for leading players in the European cloud arena, organised by Custom Connect in cooperation with Equinix, Fuze, Huawei,...
Dominance of AI and IoT in InsurTech Startup Funding
- 8 years 8 months ago
- IT Innovations, Insurance
As new Accenture research demostartes Artificial intelligence (AI) and the internet of things (IoT) now comprise almost half of total investment in insurance technology (insurtech) startups worldwide. The research, which includes new analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled “The Rise of InsurTech.” The report was released today in conjunction with Accenture’s Fintech...
Basel Committee:To- big-to-fail banks rapped for lax risk practices
- 8 years 8 months ago
- Banking
Today the Basel Committee on Banking Supervision unveiled its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.
Wells Fargo Adds Axis Bank to ExpressSend Remittance Network in India
- 8 years 8 months ago
- ATMs
Wells Fargo & Company (NYSE: WFC) announced today that it has added more than 2,500 Axis Bank locations to its ExpressSend® remittance payout network in India, bringing the total number of locations in that country to more than 8,300, in addition to nearly 35,000 ATMs. Wells Fargo also announced that beginning April 8, 2017, it will offer a $0 transfer fee for all ExpressSend transactions sent to India, extending pricing that was previously...
Harbortouch POS Firm Launches Product Development Unit in Lithuania
- 8 years 8 months ago
- Payments, People Moves
Harbortouch, a market leader in point-of-sale (POS) payment solutions, is setting up a product development division in Lithuania. The division, which will be the company’s first outside the US, is expected to employ approximately 60 IT specialists.
