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Citi Token Services integrates with 24/7 USD clearing for real-time cross-border payments

Today, Citi announced its plans for an industry-first integration of Citi® Token Services, a blockchain-based platform, with its 24/7 USD Clearing solution to create a 24/7, multibank cross-border instant payments capability for Citi’s institutional clients in the UK and US.

/ai

Reuters and LSEG launch AI-driven earnings intelligence feed

Reuters and LSEG today announced the launch of Super Summaries, an AI-driven earnings intelligence solution that combines LSEG’s trusted, market-moving data with Reuters editorial expertise to deliver concise earnings intelligence at speed. With the benefits of generative AI, Reuters will cover an additional 10,000 companies globally over the next three years.

/wholesale

Worldpay ships unified Embedded Finance Engine

Worldpay has launched the Embedded Finance Engine, a new suite of best-in-class financial service products that its software platform partners can quickly integrate to drive higher retention and revenue growth while streamlining their tech stacks and ecosystems.

/payments

SNB and ECB explore interlinking of instant payment systems

The Swiss National Bank (SNB) and the European Central Bank (ECB) are launching an exploration phase to evaluate an interlinking between the instant payment service (IP service) of the SIC system, and TIPS, the Eurosystem's TARGET Instant Payment Settlement service.

/retail

Coconut and Zempler Bank team to help sole traders meet new tax rules

North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline*.

/payments

EToro taps Lean for AED bank transfers

Trading and investing platformeToro announces today that it has partnered with Lean Technologies, a fintech infrastructure platform, to provide instant AED bank transfers to customers based in the United Arab Emirates.

/payments

Oracle achieves Swift compatible application status

Oracle Financial Services today announced that Oracle Banking Payments has been validated as a Swift Compatible Application.

/ai

SunTec upgrades Deal Management product

SunTec Business Solutions today announced the launch of its enhanced Deal Management product, a transformative upgrade that embeds the power of artificial intelligence (AI) and end-to-end automation into the deal lifecycle for global banks.

/security

MAS and banks shed light on quantum key distribution for secure financial communications

The Monetary Authority of Singapore (MAS), in collaboration with DBS, HSBC, OCBC, UOB, SPTel and SpeQtral[1], has successfully completed a proof-of-concept (PoC) sandbox to evaluate the use of Quantum Key Distribution (QKD)[2] for secure communications in the financial sector.

/payments

Thunes connects Pay-to-Banks service with Swift

Thunes, the Smart Superhighway to move money around the world, is transforming the cross-border payment experience by offering its Pay-to-Banks solution to financial institutions through their Swift connectivity.

/payments

Temenos unveils AI-powered money movement and management platform

Temenos, a global leader in banking technology, today announced the launch of Temenos Money Movement & Management, an AI-powered and pre-integrated platform to streamline payments and account services.

/payments

Solaris to centralise Sepa instant payments on ACI Connectic

ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, today announced that Solaris SE, Europe’s leading embedded finance platform has selected ACI Connetic to consolidate all SEPA instant payments onto ACI Connetic, ACI’s leading-edge technology, cloud-native payments platform.

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