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Temenos and Huawei will jointly go-to-market with leading-edge financial services offerings in the cloud to drive scalability, operational efficiency, time-to-market, and innovation

RegTech Challenger Launches new Communications Suite to support Smaller Financial Players

June 3, 2021

• Research conducted by SteelEye highlights large pool of small buy-side firms across Europe and the US who require a modern communications capture and monitoring solution

Techcombank selects Backbase to power its revolutionary digital-first transformation

June 3, 2021

Backbase, one of the world’s leading engagement banking platform provider, has been selected by Vietnam Technological and Commercial Joint Stock Bank (Techcombank) to accelerate the digitalization of its retail and corporate omni-channel banking engagement.

SunTec Introduces a Fully Pre-configured E-invoicing Solution to Help Banks in the Kingdom of Saudi Arabia Comply with Regulations

June 2, 2021

SunTec’s Indirect Taxation solution is used by more than 50 banks and financial services providers in GCC and India for VAT and GST compliance, respectively.

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Statement on Benchmarks Transition

June 2, 2021

The Board of the International Organization of Securities Commissions (IOSCO) reiterates the importance of ensuring a smooth and timely transition away from LIBOR.

Press Release

International use of the euro broadly stable in 2020

June 2, 2021

The relative resilience of the international role of the euro despite the pandemic shock stands in contrast to the significant decline observed in the wake of the euro area sovereign debt crisis.

Press Release

SurePay experiences tremendous growth over the past 12 months

June 2, 2021

There are now over 25 banks and more than 150 organisations using SurePay’s Confirmation of Payee solution. In 2020, its CoP solution for organisations grew by 1719%.

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Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for FIS Fintech Accelerator Program

June 2, 2021

FIS and The Venture Center announce the ten growth-stage fintech companies selected to take part in the 2021 FIS Fintech Accelerator program.

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Free open banking API Nordigen raises 2 million euros, launches 1,000 bank integrations

June 2, 2021

Nordigen is challenging Tink and other overvalued industry incumbents still charging for access to bank APIs.

Press Release

Survey on the Access to Finance of Enterprises in the euro area: small businesses continue to report declines in turnover and profits, but activity expected to improve

June 1, 2021

SME turnover and profits continued to deteriorate, but business activity expected to improve Availability of external finance improved marginally, but not for the smallest firms Recruiting skilled employees and finding customers are main concerns

Press Release

IOSCO to launch 2021 World Investor Week to promote investor education

May 31, 2021

IOSCO organizes the World Investor Week (WIW), a week-long global campaign, to raise awareness of the importance of investor education and protection and to highlight the various initiatives of securities regulators in these two critical areas.

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FINOS’ New Silver Members Pave the Way for Further Commercial Open Source Adoption in Financial Services

May 27, 2021

The foundation, which promotes the adoption of open source software and practices within financial services, selected Canonical on account of its commercial acumen and commitment to the community. Nine of the top 10 US and EU financial institutions now use Ubuntu on public clouds, while fintech specifically is expected to grow by 24 percent between 2020 and 2025, indicating a strong link between open source and financial innovation.

Press Release

Briqwise expands platform for commercial real estate funding to the Australian market

May 27, 2021

After a string of successes in the first years of operation, Briqwise is now focused on developing its platform, raising the number of deals made, and going international. Australia is the first in line.

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Commodity-based Currencies in Top 5 as Global Prices Surge

May 27, 2021

With the global recovery advancing, central banks maintaining expansionary policy measures and a continued rise in commodity prices, commodity-based currencies seem well positioned to prosper.

Press Release

Electronic payments at the epicentre of industry transformation says PwC report

May 26, 2021

PwC’s survey reveals how even before the COVID-19 pandemic, cashless payments like sending a text to pay for a bus ticket in Turkey, or using a QR code to buy groceries in China are evidence of a steady shift to a digital economy - a shift that might ultimately lead to a global cashless society.

Press Release

ISDA Expands ISDA Clause Library to Cover Collateral Documentation

May 25, 2021

The International Swaps and Derivatives Association, Inc. (ISDA) has today announced the expansion of the ISDA Clause Library to cover ISDA’s collateral documentation, a development that will bring greater efficiency and standardization to the negotiation and collateral management process.

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