Isbank Germany Licenses Surecomp’s DOKA 5 Trade Finance Solution
- 9 years 7 months ago
- Trade Finance
Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has licensed Surecomp’s state-of-the-art DOKA 5® trade finance system. A configurable bank back-office solution, DOKA 5 leverages Surecomp’s decades of experience providing proven trade finance systems to banks and corporations worldwide.
Partech Ventures Invests €10MM Financing Round For Kantox
- 9 years 7 months ago
- Investment
Partech Ventures today announced that it has co-led a new €10MM financing round in Kantox, the pioneer in foreign exchange services for SMEs and mid-cap companies. “With our 2nd significant investment in 18 months, Partech Ventures reaffirms its full commitment to Kantox” explained Philippe Collombel, Managing Partner at Partech Ventures and Kantox board member.
RMB Announced #1 In Asia Pacific For Payments With Greater China
- 9 years 7 months ago
- Banking
SWIFT’s RMB Tracker shows that the value in weight of the RMB used for payments exchanged with China and Hong Kong within Asia Pacific increased by 327% between April 2012 and April 2015. During this three year period, the Chinese currency moved from position number five to the top currency used in Asia Pacific to do business with Greater China.
SunGard Awarded FTF News Technology Innovation Awards for Collateral Management and Corporate Actions
- 9 years 7 months ago
SunGard has been named “Best Collateral Management Solution” and “Best Corporate Actions Processing Solution” in the FTF News Technology Innovation Awards 2015. SunGard is also an FTF Gold Standard Award recipient in the “Best New Post-Trade Solution for the Buy-Side” category.
‘Global FATCA’ Clock Begins Ticking For Fund Management Industry, Warns Linedata
- 9 years 7 months ago
When the FATCA returns and listing deadline of 1st June ends, financial institutions must quickly turn their attention to even more expensive and burdensome regulations. Justin Hayes, product manager at Linedata, the leading international software and solutions provider, outlines the impact the OECD Common Reporting Standards, dubbed ‘Global FATCA’, will have on the industry.
Gunvor Singapore Closes Asian RCF Oversubscribed at USD 911.7 Million
- 9 years 7 months ago
Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor Group"), has signed a USD 911.7 million syndicated revolving credit facility (the "Facility"). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and an accordion feature has been opened to accommodate additional participation.
Thomson Reuters Named Best Multibank and Independent Platform in Euromoney FX Poll for 13th Year
- 9 years 7 months ago
- Banking
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its dealer-to-customer trading venue, FXall, has again been named “Best multibank and independent platform” in this year’s Euromoney Foreign Exchange Survey for the 13th consecutive year. Euromoney’s annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 FX market...
Canadian Uni Installs Bitcoin ATMs For Future of Fintech
- 9 years 7 months ago
- ATMs
A Canadian university is installing bitcoin ATMs across campus, and will accept the digital currency for the purchase of text books, in an effort to stimulate discussion about the future of money and innovation in financial services.
CBA Will Test Ripple For Intra-bank Transfers
- 9 years 7 months ago
- Retail Banking
Commonwealth Bank of Australia is to begin testing technology from Ripple Labs to transfer funds between its subsidiaries.
Five FinTech start-ups make it to the Payments Dragons' Den final at PayExpo 2015
- 9 years 7 months ago
- Payments
Five exciting new payment start-ups have reached the final for the 2015 Dragons' Den contest at PayExpo. The highly anticipated competition, which received record entries this year, is the ideal platform for emerging companies looking to present their innovative ideas and game-changing payments technologies to a global market. The 2015 Payments Dragons' Den finalists are: xWare42 - a software developer whose core product, xPay, allows banks to...
Wolters Kluwer Announces New Leader For UK Tax and Accounting software business
- 9 years 7 months ago
- People Moves
Today Wolters Kluwer announces that Claire Carter has joined as UK Managing Director for its Tax and Accounting software business. Claire joins from Sage Software where she was formerly Managing Director of its Accountants Division for the UK and Ireland delivering Cloud and on premise solutions to accountants. Before that, Claire worked for Morgan Stanley and Alliance & Leicester in senior commercial roles.
BasisCode Compliance Named WealthManagement.com 2015 Industry Awards finalist
- 9 years 7 months ago
BasisCode Compliance, provider of the industry’s broadest integrated compliance software for asset managers, advisors and other financial services firms, has been named a finalist in the compliance technology category of WealthManagement.com's 2015 Industry Awards, the first program to honor outstanding achievements by companies that help advisors better manage their businesses through innovation, enhanced service quality or an enriched advisor/...
Mobile Banking Leads Financial Liberation in Eastern Europe
- 9 years 7 months ago
- Mobile Banking
The increasingly mobile-centric lifestyle of many Europeans can largely be attributed to the increase and success of mobile channel initiatives focused on providing cheaper, more convenient services. Although still playing catch up to Western Europe, mobile subscribers in the Central and Eastern European (CEE) region are increasingly reliant on their mobile devices and smartphone adoption is increasing.
NanoSpeed Provides The World Fastest FPGA Trading Solution
- 9 years 7 months ago
- FPGA
NanoSpeed, the provider of ultra-fast FPGA solutions to the trading community, has announced today the world’s fastest FPGA for trading with the launch of Nano-Gateway, a trading gateway. The new FPGA halves the latency of NanoSpeed’s first trading gateway, Nano-TG (launched in 2013) which was already the fastest on the market by a significant margin.
Two Million Danes Unite The Next Wave In Mobile Payments As Danske Bank’s MobilePay Teams Up With PowaTag
- 9 years 7 months ago
- Payments
Denmark is leading the way to a cashless society by planning to scrap obligatory cash payments – and now two out of three smartphone users will be able to enjoy an entirely new way to shop as Danske Bank’s market leading MobilePay app introduces the transformative “buy anywhere” capabilities of acclaimed mobile commerce platform PowaTag.
