894 articles tagged with this keyword
News/cloud
By 2020, US business to business (B2B) payments are expected to reach $23.1 trillion according to Deloitte. This is driven by cloud technology, which is accelerating the digital transformation of the payments industry, providing customers with a myriad of convenient payment methods.
15 November 2019
Regulatory reports have become too complex to handle, forcing banks to search for alternative and sustainable cloud-based solutions that can reduce the cost of compliance.
News/sustainable
While the Sustainable Development Goals (SDGs) set by the United Nations General Assembly for 2030 are ambitious, the financial services industry will play a crucial role in supporting countries with implementing new approaches to build momentum and accelerate progress.
12 November 2019
The influx of green banking initiatives and risk management tools has done little to remedy the expansion of fossil fuel financing and commercial attitudes remain unchanged as we move forward towards what is now a climate crisis, according to Boston Common Asset Management’s 2019 report.
11 November 2019
News/Transaction banking
The Monetary Authority of Singapore says it has engaged with more than 40 financial and non-financial firms to determine the commercial viability and value of its blockchain-based prototype for multi-currency payments.
Banco Santander is to pay £350 million to acquire a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally.
04 November 2019
News/ai
Contrary to the conventional wisdom, new technologies such as AI will actually kill off few jobs, according to research from the MIT-IBM Watson AI Lab.
01 November 2019
Greensill, a UK-based supplier of alternative supply chain finance, has secured a $655 million follow-on investment from SoftBank Vision Fund.
28 October 2019
Recent economic slowdown coupled with widespread geopolitical risk has stoked fears that a recession is looming, which will inevitably invite comparisons with the financial crisis of 2007-08.
25 October 2019
News/payments
Mastercard is working with PNC Bank to pilot a system that lets businesses pay suppliers in real-time when receiving goods or services.
21 October 2019
The Singapore branch of CIMB Bank Berhad has completed a trade financing transaction for the import of dairy products into China using IoT cargo sensors and a distributed ledger platform from blockchain firm iTrust.
18 October 2019
News/regulation
Facebook's Libra project will need to address core legal and regulatory challenges before it can facilitate a single payment, US Federal Reserve governor Lael Brainard has warned.
17 October 2019
African financial services giant Old Mutual is moving to the cloud, with Amazon Web Services (AWS) as its preferred provider.
16 October 2019
Citi Ventures has joined Amsterdam VC Inkef Capital in co-leading a EUR5 million round in cash forecasting and working capital vendor Cashforce.
15 October 2019
The Italian Banking Association (ABI) says the country's major banks could be ready to use distributed ledger tech to run interbank reconciliations by March next year, after pilot tests proved its capability.
14 October 2019
Corporate treasurers view the advance of cloud computing as the most important technological development facing the industry over the next five years, followed by Big Data analytics and artificial intelligence.
11 October 2019
Six Nordic banks have agreed to fund the development of a cross-border real-time payments platform as part of the P27 collective.
10 October 2019
In a sign of growing uncertainty in sections of the global fintech market, a Kazakhstan-based payments startup has pulled its plan to float on the London Stock Exchange
07 October 2019
A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland
Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.
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