Gemalto Awarded a Major Contract by BankAxept
- 9 years 6 months ago
- Security
Gemalto, the world leader in digital security, has been awarded a major contract by BankAxept, the national payment scheme of Norway, to enable all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments services.
CLS Group to Release Payment Netting Service
- 9 years 6 months ago
- Payments, Infrastructure
CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for buy-side and sell-side institutions’ FX trades that are settled outside the CLS settlement service.
Kuflink Integrates Contego’s Multi-Source Identity Verification and Risk-Scoring Platform
- 9 years 6 months ago
- AML and KYC
Contego, the multi-source identity verification and risk-scoring platform, today has been appointed by Kuflink, the peer-to-peer lending platform, where loans are secured against UK based property, to carry out checks on individuals to help ensure compliance with Anti-Money Laundering (AML) regulation. As the P2P and property markets are experiencing ever greater regulatory scrutiny, implementing effective fraud mitigation and risk management is...
ICE Clear Singapore Welcomes J.P. Morgan as a New Clearing Member
- 9 years 6 months ago
- Trading Systems
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that J.P. Morgan has been approved as a clearing member for ICE Clear Singapore, effective immediately.
Servicepoint Strengthens its Foothold on the European Market
- 9 years 6 months ago
- Infrastructure
The position of Servicepoint Oy as a provider of all-inclusive serialization projects in all of Europe is now stronger than ever. As a specialist of secure packaging, Servicepoint has expanded its strategic partnership with Systech International, a global leader in brand protection technologies. Servicepoint Oy is now a Value Added Reseller and strategic partner in the whole of Europe and Russia. In the previous partner agreement concluded in...
Standard Chartered Enters Into Strategic Partnership with GlobalTrade Corporation
- 9 years 6 months ago
- Trade Finance
Standard Chartered Bank has entered into a strategic partnership with GlobalTrade Corporation (GTC) to become one of the first international banks to offer GTC’s innovative @GlobalTrade™ multibank trade finance platform to clients in Asia, Africa and the Middle East. This partnership will leverage Standard Chartered’s unique network footprint and GTC’s multi-bank technology coupled with SWIFT connectivity to meet the trade finance needs of...
SIX Securities Services Appointed by China Construction Bank, Zurich Branch as Infrastructure Provider for Swiss Renminbi Clearing Hub
- 9 years 6 months ago
- Infrastructure
China Construction Bank (CCB), China’s second largest commercial bank and the only authorized Renminbi Clearing Bank in Switzerland, today announced its plans to work more closely with SIX Securities Services, the Swiss post-trade infrastructure.
Fiserv Awarded SWIFT Certified Application Label for Reconciliation Accreditation
- 9 years 6 months ago
- Compliance
Fiserv, a leading global provider of financial services technology solutions, announced today that it has been awarded the 2016 SWIFT Certified Application Reconciliation label for its Accurate™ Reconciliation solution for transaction matching, reconciliation and exception management.
CityFibre Acquires Redcentric's Fibre Networks in Cambridge, Portsmouth & Southampton
- 9 years 6 months ago
- M&A Deals
Redcentric plc, a leading UK IT managed services provider, is pleased to announce the disposal of its metropolitan area fibre networks in Cambridge, Portsmouth and Southampton to CityFibre Infrastructure Holdings Plc (AIM:CITY, “CityFibre”) for a total consideration of £5.0m, in line with book value, paid in cash on completion.
EastNets showcases advanced anti-money laundering & terrorist financing solutions at Sibos 2016
- 9 years 6 months ago
- Fraud Detection, Compliance, AML and KYC
EastNets, a leading global provider of compliance, payment and cloud solutions for the financial services industry, will unveil its advanced systems for countering money laundering and terrorist financing at the 2016 SWIFT International Banking Operations Seminar (Sibos), the latest edition of the world’s premier financial services event. The company will highlight its partnership with Dow Jones, the world's most trusted business news and...
SIX Securities Services: Financial Institutions Look to Outsource Tax Services to Reduce Costs
- 9 years 6 months ago
- Compliance
Research conducted by SIX Securities Services has revealed that as financial institutions become increasingly capital constrained, almost a third (32%) are looking to outsourcing as a way to reduce costs. The research, conducted amongst global and domestic systemically important banks and clearing houses reveals that competitive pressure from disruptive business models is considered the second most significant driver for outsourcing.
MHR Analytics Launches New Financial Workforce Planning Solution
- 9 years 6 months ago
- Infrastructure
MHR Analytics, the leading provider of business analytics solutions today announces the launch of their new Financial Workforce Planning (FWP) solution which has been created in partnership with Rotherham Metropolitan Borough Council. The council has forecast that the new system will save staff 264 days, which were previously spent on setting pay budgets, preparing management information and monitoring performance against forecasts.
Standard Chartered Executes First Real-Time Cross-Border Payment for Businesses
- 9 years 6 months ago
- Payments
Standard Chartered has announced the completion of the first real-time cross-border payment for businesses with another major correspondent bank in the Bank’s latest step to leverage distributed ledger technology for its clients as part of the recently launched ‘Banking the ecosystem’ strategy. Typically taking up to two days for businesses to make cross-border funds transfers, the pilot which leveraged Ripple’s enterprise blockchain solutions...
IBM Unveils Immediate Payments Platform for Banks
- 9 years 6 months ago
- Payments, Infrastructure
IBM announced new offerings to help commercial banks rapidly enable new services for customers using real-time payments. This will allow them to take advantage of new immediate payment schemes now in development in Europe, Asia and the United States. Once deployed, these systems will allow consumer transactions to clear in seconds, speeding access to funds such as payroll and insurance claim reimbursements.
Alacra Adds Bank Regulation Periodic Table to FATCA and Entity Identifiers Tables
- 9 years 6 months ago
- Infrastructure
Regulatory SaaS technology leader Opus announced today that Alacra, its KYC and reference data management platform, has published the most accessible reference tool available for keeping up to speed with the complex world of financial regulation, regulators and compliance. Alacra’s Periodic Table of Bank regulation & compliance enables market participants to make sense of this increasingly-complex world. The table, which is free, combines...
