WEX Elects John (Jeb) E. Bachman to Board of Directors
- 8 years 10 months ago
- People Moves
WEX, a leading provider of corporate payment solutions, today announced that John (Jeb) E. Bachman has been elected to the company’s board of directors. Mr. Bachman is an “audit committee financial expert” who spent more than 35 years at PricewaterhouseCoopers and is on the board of directors for The Children’s Place, a public company.
Pelican Finds Industry Needs to Gain Understanding of AI Technologies Apply in Payments
- 8 years 10 months ago
- Infrastructure
Pelican, a leading provider of solutions to the financial services sector, today released the findings of its global survey ‘Leveraging artificial intelligence for payments efficiency’, which explores the attitudes of senior payment professionals within banks and corporates towards the use of artificial intelligence (AI) in supporting the payments business and related processes. The survey of more than 120 payments professionals across 32...
Vodafone Germany Taps Calvi to Create a More Customer-Centric Billing Experience
- 8 years 10 months ago
- Infrastructure
Calvi has been selected as the premium bill presentment and telecom expense management (TEM) solution provider for Vodafone Germany’s entire enterprise customer base. Calvi’s bill presentment platform “Calvi Insight” has enabled Vodafone to increase the transparency and personalisation of their billing and invoicing, while delivering easy-to-use TEM and billing analytics capabilities, suitable for enterprise customers of all sizes.
Major Banks Release Global Payments Steering Group
- 8 years 10 months ago
- Payments, Infrastructure
Ripple, the global provider of financial settlement solutions, today announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada are the founding members of the organization, known as the Global Payments Steering Group (...
BankIslami Pakistan Limited goes live with iMAL*PCS Java version 14
- 8 years 10 months ago
- Islamic Finance
Path Solutions, a leading provider of Islamic banking software solutions, today announced the successful upgrade of the iMAL*ProfitCalculationSystem in Java version 14 at BankIslami Pakistan Limited (“BankIslami”).
SWIFT Guard from illusive networks Goes Live
- 8 years 10 months ago
- Security
illusive networks, the leader in Deceptions Everywhere® cybersecurity, today announced SWIFT Guard™, the first cyber deception technology designed to detect, report and mitigate targeted attacks against SWIFT banking systems. Recently the SWIFT banking system proved a highly attractive target for Advanced Attackers, as illustrated by the $81 million cyber heist from the Bangladesh Bank, which has been followed by a dramatic increase in SWIFT...
Equiniti to Develop New Digital Banking Platform
- 8 years 10 months ago
- Banking, Infrastructure
Equiniti Group PLC, a leading provider of powerful technology solutions, today announces that it is developing a new module which will change the way corporates apply for loans. This is part of the market leading RiskFactor technology, acquired by Equiniti in March 2016. RiskFactor is used by 90% of the receivables finance market in the UK and monitors £35bn of lending activity.
Volante Technologies and Finexus partner to help build new Real-time Gross Settlement Systems for financial institutions across the Asia Pacific region
- 8 years 10 months ago
- Payments
Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced it has been chosen by Finexus to provide the key MT to MX message transformations in complex multi-currency Real-time Gross Settlement (RTGS) System implementations. Finexus is a Malaysian-HQ and Asia Pacific region-based digital payment solutions and services provider.
Broadridge Extends Global Post Trade Management Solution with Cash Management Capabilities
- 8 years 10 months ago
- Trading Systems, Treasury
Broadridge Financial Solutions, announced the extension of cash management capabilities to its industry leading Global Post Trade Management Solution (GPTM), which helps leading financial institutions optimize their use of capital across multiple asset classes and global markets. The ability of Broadridge's GPTM to drive increased operating efficiencies and agility for its clients has led to its adoption by the world's leading financial...
Vesa Tykkyläinen to Succeed Esa Tihilä as New CEO of Basware
- 8 years 10 months ago
- People Moves
-Basware, the leading provider of networked purchase-to-pay solutions, e-invoicing and innovative financing services, announces that Esa Tihilä has stepped down as CEO and will be succeeded by Vesa Tykkyläinen, who will commence in his new position on September 26, 2016.
Fidessa Named Trading System of the Year in FOW's Asia Awards
- 8 years 10 months ago
- Trading Systems
Fidessa group has announced that its derivatives trading platform has been named Sell-side Trading System of the Year at the FOW Awards for Asia 2016. Judged by an independent panel of industry experts from a range of disciplines across the region, these awards recognise leadership, growth and achievement in the Asian derivatives marketplace. This is the fourth year running that Fidessa's platform has been recognised in these awards as the...
GreySpark Partners: MiFID II Research Unbundling Rules to Transform the Investment Research Industry
- 8 years 10 months ago
- Compliance
A new report from GreySpark Partners, a leading global capital markets consulting firm, explores the impact that the second iteration of the EU’s Markets in Financial Instruments Directive (MiFID II) will have on the investment research marketplace – forcing operators to itemise research payments separately from other fees, charges and commissions.
MoneyFarm Attracts Strategic Investment from Allianz
- 8 years 10 months ago
- Investment
MoneyFarm, the digital wealth manager, has announced a new strategic investment from Allianz Ventures. They will take a minority shareholding in the company. Launched in 2012 and arriving in the UK in 2016, MoneyFarm sees Allianz’s investment as a proof point for the progress MoneyFarm has made in the fast growing digital wealth management sector
World Trade Board Strives to Enhance Standards and Digitalisation in Global Trade and Finance
- 8 years 10 months ago
- Trade Finance
Today at Sibos 2016, the World Trade Board unveiled three key initiatives to drive the trade finance agenda. The commitment follows the World Trade Symposium, held in June 2016, co-organised by Misys and the Financial Times. It marks a move to facilitate and expand global trade in support of long-term economic growth and prosperity for people across the world.
D+H Rebrands its Flagship Financial Messaging Platform as Total Messaging
- 8 years 10 months ago
- Infrastructure
DH Corporation ("D+H") (TSX: DH), a leading provider of technology solutions to financial institutions globally, today announced it has rebranded its flagship financial messaging platform as Total Messaging. Previously known as Global Messaging Plus, Total Messaging is the technology gateway for D+H’s financial messaging service bureaus. D+H’s financial messaging platform was originally launched in 2013 and helps banks and corporations improve...